BASF further develops its corporate strategy

BASF plans to strengthen its position as the world’s leading chemical company. In its further developed strategy “We create chemistry,” the company outlines how it wants to achieve this. The Chairman of BASF’s Board of Executive Directors Dr. Kurt Bock, Vice Chairman Dr. Martin Brudermüller and CFO Dr. Hans-Ulrich Engel presented the details at a […]

RPSEA Selects First Round of Projects to Award $9.6 Million for the Ultra-Deepwater Program

The Research Partnership to Secure Energy for America (RPSEA) announces six proposals under the Ultra-Deepwater Program have been selected for negotiations leading to an award under its contract with the Department of Energy’s (DOE) National Energy Technology Laboratory and in support of the Ultra-Deepwater and Unconventional Natural Gas and Other Petroleum Resources Research and Development […]

Official inauguration of new base oil plant in Bahrain held today, Tuesday 29 November

Neste Oil, The Bahrain Petroleum Company (Bapco), and nogaholding are celebrating the official opening of their new joint base oil plant in Bahrain today. The companies started up commercial production at the facility in October, 2011. The plant has a capacity of 400,000 t/a and is located at Bapco’s refinery in Sitra on Bahrain’s east […]

Lightbridge Enters into Agreement with the Korea Atomic Energy Research Institute to Explore Nuclear Fuel Collaboration Opportunities

MCLEAN, Va., Nov. 28, 2011 /PRNewswire/ – Lightbridge Corporation (NASDAQ: LTBR), a leading innovator of advanced nuclear fuel designs and provider of nuclear energy consulting services to commercial and governmental organizations, today announced that it has entered into a Memorandum of Agreement (MOA) with the Korea Atomic Energy Research Institute (KAERI) to explore nuclear fuel collaboration opportunities.

Ithaca Energy Inc. Announces Crathes Well Encounters Light Oil

Ithaca Energy Inc. (TSX:IAE)(AIM:IAE) announces today that the Crathes exploration well, 21/13a-5, encountered a 52ft light oil column in excellent quality reservoir sands. The well is currently undergoing wireline logging, before drilling ahead to intersect the Moon prospect.

Storm Resources Ltd. Announces Acquisition of Long Reserve Life Light Oil Pool in North Eastern B.C.

STORM RESOURCES LTD. (”Storm”) (TSX VENTURE:SRX) is pleased to announce the execution of a purchase and sale agreement in relation to the acquisition of 150 Boe per day in the Mica area of north eastern British Columbia (the “Acquisition”). Production comprises approximately 70% light oil (38 degrees API) and natural gas liquids and 30% natural […]

Paramount Resources Ltd. Announces Reorganization of Bitumen Assets into New Wholly-Owned Subsidiary “Pixar Petroleum Corp.”

Paramount Resources Ltd. (TSX:POU) (”Paramount” or the “Company”) is pleased to announce the reorganization of all of the Company’s oil sands and carbonate bitumen interests into a new wholly-owned subsidiary, Pixar Petroleum Corp. (”Pixar”). The reorganization is being undertaken to create a focused, self-funding oil sands entity in order to accelerate the development of Paramount’s […]

Canacol Announces Successful Bid for Carrao Energy Ltd.

Canacol Energy Ltd. (TSX:CNE) (BVC:CNEC) (”Canacol”) is pleased to announce that its offer (the “Offer”) to acquire all of the outstanding shares (”Common Shares”) of Carrao Energy Ltd. (”Carrao”) has expired with approximately 97% of the Carrao Shareholders tendering.

Connacher Increases Cash Balances to $120.3 Million on Sale of Latornell Properties and Gran Tierra Shares

CALGARY, Nov. 28, 2011 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX) announced today that it has increased its cash balances to $120.3 million as of the close of business on Friday, November 25, 2011, principally as a result of the successful sale of its Latornell properties and its shares of Gran Tierra […]

Dejour Energy to Present at RedChip’s Small-Cap Equities Virtual Conference XI Undiscovered Growth & Value Opportunities

Dejour Energy Inc. (NYSE AMEX: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas company, announced today that its Director of Investor Relations, Craig Allison, will present at RedChip’s Small-Cap Equities Virtual Conference XI: Undiscovered Growth & Value Opportunities on November 30, 2011 at 1:45 pm ET. The event will […]