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China Announces Halt to Reclamation

China announced on Wednesday that it has ceased its reclamation projects in the South China Sea.

The announcement comes after the Association of Southeast Asian Nations (ASEAN) expressed concern regarding Chinese reef restoration and construction […]

By |August 6th, 2015|Categories: Articles, News|Tags: , , |0 Comments

GE announces Predix Cloud – first cloud service built for industrial data, analytics

As a digital industrial company focused on answering the unique needs and scale of customers across aviation, energy, healthcare and transportation, GE has announced plans to enter the cloud services market with Predix Cloud. The […]

By |August 6th, 2015|Categories: Articles, Drilling|Tags: |0 Comments

Another Rescue of African Migrants

A fishing boat carrying about 700 African migrants capsized in the Mediterranean Sea. The fishing vessel experienced mechanical difficulties about 15 nautical miles from the Libyan coast when it sent a distress signal, which […]

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Oklahoma reduces wastewater disposal well volumes in Oklahoma, Logan counties

The Oklahoma Corporation Commission’s Oil & Gas Conservation Division (OGCD) announced plans to reduce oil and gas wastewater disposal well volume in a proscribed area of northern Oklahoma County and southern Logan County to try […]

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Lundin profitable in 2Q. Curbs production guidance

Lundin Petroleum, a Swedish independent oil and gas exploration and production company, has reported a profitable second quarter of the year with a net profit of $59.9 million, versus a $2.4 million loss for the […]

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Analysis – Oil bulls’ hope for quick price dip dimmed by 2020 crude under $70

As oil prices entered a second steep slide a few weeks ago, bullish traders and analysts had hoped for a repeat of the sharp but short dip that occurred early in the year – a […]

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