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Indonesian companies see 2016 oil and gas lifting below govt's target

2015-12-20 00:39:59| Oil & Gas - Topix.net

CIREBON, Indonesia, Dec 19 Oil and gas companies in Indonesia set a lifting target for 2016 below both the government's estimate and their 2015 production, the country's upstream oil and gas regulator SKK Migas said on Saturday. The combined production target of oil and gas producers in 2016 is 1.944 million barrels of oil equivalent per day , SKK Migas spokesman Elan Biantoro told reporters.

Tags: companies target gas oil

 

Oil and gas producer Magnum Hunter files for bankruptcy

2015-12-16 08:28:18| Oil & Gas - Topix.net

Just last month, Magnum Hunter Resources Corp. warned that it might be headed for bankruptcy . On Tuesday, that warning became a reality.

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New Voraxial Order - Oil & Gas Sector For Produced Water Processing

2015-12-16 02:23:32| oilandgasonline Home Page

Enviro Voraxial Technology, Inc.(OTCQB:EVTN) announced today that the Company recently shipped its high volume Voraxial®4000 Separator.

Tags: order water produced processing

 

Dow Chemical, DuPoint In Advanced Merger Talks; Upcoming Oil, Gas M&A Action 'Old News'

2015-12-10 15:31:24| Chemicals - Topix.net

Stocks in the United States were rallying earlier Wednesday, as Dow Chemical Co is in its advanced stages of merger talks with E I Du Pont De Nemours And Co . In what may be the largest deal in the chemicals industry, the transaction would create the world's second-largest chemical company behind BASF SE , as well as the largest pesticide and seed company, surpassing Monsanto Company .

Tags: news advanced old action

 

U.S. Oil And Gas Production Steady Despite Low Prices

2015-12-08 02:05:10| oilandgasonline Home Page

Crude oil prices have dropped 60% over the past 18 months. Natural gas prices are at their lowest point in almost four years, and will end 2015 with their lowest annual average since 1999.

Tags: low prices production gas

 

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