Great Lakes Biodiesel Inc. announces final stage of construction of Canada’s Largest Biodiesel Plant

Great Lakes Biodiesel Inc. (GLB) announces it entered the final stage of construction of Canada’s largest biodiesel plant opening in Fall, 2012. Located in Welland, Ontario, the plant is approved by the Government of Canada’s ecoENERGY Program, having annual production capacity of 170 million litres of biodiesel.

Natural Oil and Gas extraction in Indonesia includes five year industry forecasts, growth rates and an analysis of the industry key players

Research and Markets (http://www.researchandmarkets.com/research/b3jw82/natural_oil_and_ga) has announced the addition of the “Natural Oil and Gas Extraction in Indonesia” report to their offering.

C.A.T. oil shows strong operational and financial performance in Q1 2012

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, today announced its results for the first quarter of 2012. C.A.T. oil succeeded in both, top- and bottom-line growth: revenues rose by 23.5% yoy to EUR 75.3 million (Q1 2011: 61.0 million) and earnings […]

American Eagle Energy provides North Dakota three forks wells update

LITTLETON, Colo., May 30, 2012 /PRNewswire/ — American Eagle Energy Corporation (OTCBB: AMZG; “American Eagle”) is pleased to provide additional production information on its Spyglass Bakken and Three Forks Project in Divide County, North Dakota, following its news announcement from last week .

Noble Energy announces the sale of North Sea assets

HOUSTON, May 30, 2012 /PRNewswire/ – Noble Energy, Inc. (NYSE: NBL) announced today that it has entered into a definitive agreement with Maersk Oil North Sea Limited (OMX: MAERSKB) for the sale of certain assets located in the North Sea of the UK. The sale includes the Company’s thirty percent non-operated working interest in the Dumbarton […]

Rodinia Oil Corp. releases first quarter 2012 financial and operating results

CALGARY, May 30, 2012 /PRNewswire/ - (TSX-V: ROZ) - Rodinia Oil Corp. (”Rodinia”) today released its first quarter 2012 financial and operating results. A copy of Rodinia’s unaudited condensed consolidated financial statements and related management’s discussion and analysis (”MD&A”) can be accessed either at www.sedar.com or on Rodinia’s website.

Africa Hydrocarbons updates status of Bouhajla farmout agreement

CALGARY, May 30, 2012 /CNW/ - Africa Hydrocarbons Inc (”AHI” or “the Company”) (TSX-V: “NFK”) announces today that it is in on-going discussions with Dualex Energy International Inc. (”DualEx”), regarding the payment of the second installment of the Earning Funds pursuant to the Amended Farmout Agreement dated November 2, 2011, related to the Bouhajla Permit, […]

Sterling resources enters into contract to drill two wells offshore Romania and updates its romanian prospective resources

CALGARY, May 31, 2012 /CNW/ - Sterling Resources Ltd. (TSX-V: SLG) (”Sterling” or the “Company”) is pleased to announce that its wholly owned subsidiary in Romania, Midia Resources SRL (”Midia”), has entered into a contract with Grup Servicii Petroliere SA (”GSP”) for the drilling of offshore exploration wells “Ioana” in Block XV Midia and “Eugenia” […]

Seadrill reduces its stake in SapuraKencana Petroleum Bhd

Seadrill announces that it today has sold 300 million shares in SapuraKencana Petroleum BHD (”SapuraKencana”). The proceeds from the transaction will be approximately US$200 million. The book value of Seadrill’s total position in SapuraKencana was US$111 million by the end of the first quarter 2012. A material accounting gain related to Seadrills position in SapuraKencana is […]

Sasol inaugurates expanded natural gas central processing facility in Mozambique

Sasol Petroleum International, the upstream subsidiary of Sasol Limited, today inaugurated its expanded central processing facility (CPF) in Temane, Mozambique. The capacity of the CPF was increased to 183 MGJ/a of natural gas, from its initial design capacity of 120 MGJ/a, in order to meet increased market demand in Mozambique and South Africa.