Items Tagged with 'oil & gas'

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In recent years some investors and businesses have focused on development of renewable energy resources and tried to move away from fossil-fuel based energy. But solar and wind power and biofuels have failed to live up to initial expectations, while natural gas and oil industries have made huge gains.

New figures released by the Obama administration suggest that the United States has twice the previously announced amount of oil and three times the amount of natural gas under the states of Montana, North Dakota and South Dakota.

The British coalition government has announced the UK Oil and Gas Industrial Strategy, which demonstrates the country's renewed interest in utilizing reserves in the North Sea.

The decline in the UK's oil and gas production in the North Sea is likely to prove short-term and is predicted to pick up thanks to better technology and renewed interest from investors.

SNF Oil and Gas Limited, a subsidiary of French-based water-soluble polymer producer SNF Group, has announced plans to build a specialty chemical plant in northeast England that will employ approximately 250 workers.

Canada's oil and gas industry will have to reduce its greenhouse gas emissions by 42 percent to enable the country to meet its total reduction targets by 2020.

The V-Cone® flow meter is an advanced technology that takes differential pressure flow measurement to a new level.

Norwegian oil and gas company Statoil has been awarded a total of 15 leases in the U.S. Gulf Coast, after it became clear that it was the highest bidder in a recent lease sale by the Bureau of Ocean Energy Management.

At its annual meeting with analysts, held in New York City, the company announced that as much as 98 percent of its targeted production by 2017 was already in design, construction or production.

Moyno® 2000 progressing cavity pumps are ideal for lease automatic custody transfer (LACT) applications in the oil and gas industry.