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Goodrich Petroleum Files Bankruptcy With Proposed Debt Plan

2016-04-16 13:30:16| Oil & Gas - Topix.net

Goodrich Petroleum Corp., the latest casualty of the energy slump, sought bankruptcy protection with a plan to eliminate about $400 million of debt. The Chapter 11 petition filed in Houston Friday listed $507 million in debts, compared with only $99 million in assets.

Tags: plan files proposed debt

Woodside Petroleum would invest in Asian infrastructure to lift LNG sales

2016-04-13 15:59:03| Oil & Gas - Topix.net

Woodside will supply LNG to Indonesian state-owned oil major Pertamina from various sources, including its Pluto plant in Western Australia. Woodside Petroleum would consider investing in gas power plants, storage plants and import-receiving terminals to help stimulate demand for its LNG in emerging markets in Asia, adopting a strategy followed by much larger integrated energy producers such as Shell and Total.

Tags: sales asian infrastructure invest

Colorado Petroleum Council Lauds House Rejection Of Proposal To Limit Science And State Oversight In Oil And Gas Operations

2016-04-06 08:29:45| oilandgasonline Home Page

The Colorado Petroleum Council hailed today’s House rejection of a bill that would have limited scientific input and removed statewide oversight by the Colorado Oil and Gas Conservation Commission.

Tags: state house science limit

KERUI PETROLEUM Launches New Products At CIPPE 2016

2016-04-04 02:25:16| chemicalonline Home Page

KERUI PETROLEUM held its Spring New Product Launch Event 2016 with the theme of “Wisdom Controls Cost, Innovation Leads Future” in its booth at the 16th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE 2016), gathering a dozen of the company’s oil technology experts from US, Singapore, Italy, France and China to present a great surprise for the oil and gas industry

Tags: products petroleum launches petroleum products