http://theglobalherald.com News, Analysis & Reflection Wed, 08 Feb 2012 18:13:11 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://theglobalherald.com/pa-resources-sells-interests-in-tunisian-oil-fields-to-candax-for-4-million/26669/ http://theglobalherald.com/pa-resources-sells-interests-in-tunisian-oil-fields-to-candax-for-4-million/26669/#comments Tue, 03 Jan 2012 13:53:38 +0000 Business Desk http://theglobalherald.com/?p=26669 PA Resources has sold its interests in the Ezzaouia and El Bibane oil fields in Tunisia for a sum of around $4 million. The interests have been sold to Canadian company Candax Energy Inc as “part of the ongoing effort to focus on our core fields and licenses” according to Bo Askvik, President and CEO [...]]]> http://theglobalherald.com/pa-resources-sells-interests-in-tunisian-oil-fields-to-candax-for-4-million/26669/feed/ 0 http://theglobalherald.com/iraq-west-qurna-oil-field-now-producing-285000-barrels-per-day/14135/ http://theglobalherald.com/iraq-west-qurna-oil-field-now-producing-285000-barrels-per-day/14135/#comments Mon, 28 Mar 2011 12:31:12 +0000 Business Desk http://theglobalherald.com/?p=14135 ExxonMobil Iraq Limited, South Oil Company of Iraq, Shell West Qurna B.V. and Oil Exploration Company of Iraq, have announced that the West Qurna Oil Field in Iraq is now producing 285,000 barrels of oil per day. Under a service contract, a target for a 10% increase in production was set at the field. To achieve [...]]]> http://theglobalherald.com/iraq-west-qurna-oil-field-now-producing-285000-barrels-per-day/14135/feed/ 0 http://theglobalherald.com/bhp-billiton-bet-on-us-gas-prices-increasing-plans-to-buy-chesapeake-shale-assets/11721/ http://theglobalherald.com/bhp-billiton-bet-on-us-gas-prices-increasing-plans-to-buy-chesapeake-shale-assets/11721/#comments Tue, 22 Feb 2011 05:16:01 +0000 Business Desk http://theglobalherald.com/?p=11721 http://theglobalherald.com/bhp-billiton-bet-on-us-gas-prices-increasing-plans-to-buy-chesapeake-shale-assets/11721/feed/ 0 http://theglobalherald.com/oil-and-gas-giant-woodside-petroleum-wpl-misses-profit-target/11543/ http://theglobalherald.com/oil-and-gas-giant-woodside-petroleum-wpl-misses-profit-target/11543/#comments Mon, 21 Feb 2011 03:33:47 +0000 Business Desk http://theglobalherald.com/?p=11543 http://theglobalherald.com/oil-and-gas-giant-woodside-petroleum-wpl-misses-profit-target/11543/feed/ 0 http://theglobalherald.com/bhp-billiton-profit-rises-72/11287/ http://theglobalherald.com/bhp-billiton-profit-rises-72/11287/#comments Wed, 16 Feb 2011 03:30:39 +0000 Business Desk http://theglobalherald.com/?p=11287 http://theglobalherald.com/bhp-billiton-profit-rises-72/11287/feed/ 0 http://theglobalherald.com/global-equities-mixed-after-mubarak-vows-not-to-stand-down/10919/ http://theglobalherald.com/global-equities-mixed-after-mubarak-vows-not-to-stand-down/10919/#comments Fri, 11 Feb 2011 03:49:53 +0000 Business Desk http://theglobalherald.com/?p=10919 http://theglobalherald.com/global-equities-mixed-after-mubarak-vows-not-to-stand-down/10919/feed/ 0 http://theglobalherald.com/oil-gains-as-global-stockpiles-fall-in-us/10792/ http://theglobalherald.com/oil-gains-as-global-stockpiles-fall-in-us/10792/#comments Wed, 09 Feb 2011 04:40:19 +0000 Business Desk http://theglobalherald.com/?p=10792 http://theglobalherald.com/oil-gains-as-global-stockpiles-fall-in-us/10792/feed/ 0 http://theglobalherald.com/energy-diamond-offshore-drilling-ltd-orders-secondultra-deepwater-drilling-ship/10509/ http://theglobalherald.com/energy-diamond-offshore-drilling-ltd-orders-secondultra-deepwater-drilling-ship/10509/#comments Thu, 03 Feb 2011 13:08:37 +0000 Business Desk http://theglobalherald.com/?p=10509 Diamond Offshore Drilling Limited, a subsidiary of Diamond Offshore Drilling, Inc. (NYSE:DO), announced on 2nd February 2011 that it has placed an order with Hyundai Heavy Industries Co., Ltd for a second ultra-deepwater drilling ship. The ship is expected to be ready at the end of 2013 and cost a total of $590 million. Diamond [...]]]> http://theglobalherald.com/energy-diamond-offshore-drilling-ltd-orders-secondultra-deepwater-drilling-ship/10509/feed/ 0 http://theglobalherald.com/atlas-copco-mafi-trench-to-purchase-pump-business-from-j-c-carter-llc/9774/ http://theglobalherald.com/atlas-copco-mafi-trench-to-purchase-pump-business-from-j-c-carter-llc/9774/#comments Mon, 24 Jan 2011 19:12:37 +0000 Business Desk http://theglobalherald.com/?p=9774 Atlas Copco Mafi-Trench has signed an agreement to acquire a cryogenic pump business from J.C. Carter. J.C. Carter is a leading producer of cryogenic submerged motor pumps, which have many applications in the growing natural gas market. The company’s products are primarily used in liquid natural gas regasification and liquefaction plants, and natural gas liquid [...]]]> http://theglobalherald.com/atlas-copco-mafi-trench-to-purchase-pump-business-from-j-c-carter-llc/9774/feed/ 0 http://theglobalherald.com/australia-shell-prelude-lng-project-gets-federal-approval/7000/ http://theglobalherald.com/australia-shell-prelude-lng-project-gets-federal-approval/7000/#comments Mon, 15 Nov 2010 15:08:12 +0000 Business Desk http://theglobalherald.com/?p=7000 Shell’s Prelude floating LNG facility in the Browse Basin off the coast of Western Australia received federal approval on November 12th 2010. Federal environment minister Tony Burke said: “While there are significant economic benefits to these projects, which must be a consideration in my decision, my focus has been on protecting environmental matters.” The Project [...]]]> http://theglobalherald.com/australia-shell-prelude-lng-project-gets-federal-approval/7000/feed/ 0