News Archive for Oil and Gas News

Heritage Oil spuds Warthog-1 exploration well and Kingfisher-3 appraisal well in Uganda

Tuesday, Sep 30, 2008

CALGARY, Sept. 30 /CNW/ – Heritage Oil Limited, an independent upstream exploration and production company, announces that it has commenced drilling the Warthog-1 exploration well in Block 1, Uganda and the Kingfisher-3 appraisal well in Block 3A, Uganda.
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Lukoil Group Companies Increase Their Interest in TGK-8

Tuesday, Sep 30, 2008

OOO LUKOIL-Volgogradneftepeprerabotka acquired 31.3% of the charter capital of OAO YuGK TGK-8 (TGK-8)  as a result of mandatory offer. Thus, LUKOIL Group interest in the charter capital of TGK-8 has reached 95.4%.
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Braskem announces the production and certification of the first polypropylene from a 100% renewable source

Tuesday, Sep 30, 2008

Development of the green PP of renewable origin is an unprecedented feat by Braskem, which was also the pioneer in launching the green polyethylene

Braskem took another important step towards consolidating its leadership in the development of green plastics by producing the first samples of polypropylene from 100% renewable raw material with international certification. The samples were first obtained on laboratory scale and then in a pilot plant, where homopolymers and copolymers were produced. This innovation creates very promising perspectives for developing applications with this green resin, which has the same properties and characteristics that made the traditional polypropylene, among all other thermoplastics, the one with the fastest growth in consumption.
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DNV calls for new approach to safety in the Arctic

Tuesday, Sep 30, 2008

Hamburg, Germany: The recently detected record low level of Arctic ice cover will make this area available for shipping activity at an earlier stage than previously predicted. New opportunities will then be created – new opportunities that require a new approach to safety.
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