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AMLO allocates $23 billion for Pemex to boost output in 2019

2 days ago DieselGasoil Comments Off on AMLO allocates $23 billion for Pemex to boost output in 2019
By Amy Stillman on 12/16/2018 MEXICO CITY (Bloomberg) — Mexican President Andres Manuel Lopez Obrador is boosting Petroleos Mexicanos’ budget to $23 billion (464.6 billion pesos) next year to reverse flagging oil production and increase domestic fuel output. Lopez Obrador is proposing that Pemex invest $10.4 billion (211 billion pesos) in exploration and production in Read More

Nuclear power becomes critical to Arctic dominance

6 days ago DieselGasoil Comments Off on Nuclear power becomes critical to Arctic dominance
Small Modular Reactors could become crucial to power remote outposts and vessels as the Arctic race heats up. For many, the Northeast Passage through the Arctic could one day be a ‘Northern Suez Canal’. While icy waters have frozen such dreams, recent advances in nuclear technology might finally unlock the full economic potential of the Read More

Bug business: Cockroaches corralled by the millions in China to crunch waste

1 week ago DieselGasoil Comments Off on Bug business: Cockroaches corralled by the millions in China to crunch waste
JINAN, China (Reuters) – In the near pitch-dark, you can hear them before you see them – millions of cockroaches scuttling and fluttering across stacks of wooden boards as they devour food scraps by the tonne in a novel form of urban waste disposal. The air is warm and humid – just as cockroaches like Read More

In major shift, U.S. now exports more oil than it ships in

2 weeks ago DieselGasoil Comments Off on In major shift, U.S. now exports more oil than it ships in
(Reuters) – The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic surge in U.S. supply. FILE PHOTO: A tug Read More

Wintershall acquires stake in UAE's largest undeveloped gas and condensate fields

3 weeks ago DieselGasoil Comments Off on Wintershall acquires stake in UAE's largest undeveloped gas and condensate fields
11/26/2018 Photo: Mario Mehran, CEO, Wintershall (left) and HE Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO (right). ABU DHABI — Wintershall will invest in one of the world’s most important centers for oil and gas production: The company will take a 10% stake in the Ghasha Concession alongside the Read More

Two weeks in Nigerian red tape limbo: RT documentary crew finally returns home

4 weeks ago DieselGasoil Comments Off on Two weeks in Nigerian red tape limbo: RT documentary crew finally returns home
An RT environmental documentary crew, which went to Nigeria to film footage about international oil business and the toll it takes on the environment, was instead caught in red tape limbo and almost prosecuted as spies. The two-person crew, filmmaker Natalya Karachkova and cameraman Dmitry Tararako, safely arrived back in Moscow via Turkey this week Read More

Dakota Territory Resource Corp Substantially Increases Land Position

4 weeks ago DieselGasoil Comments Off on Dakota Territory Resource Corp Substantially Increases Land Position
Reno, Nevada, Nov. 19, 2018 (GLOBE NEWSWIRE) — Dakota Territory Resource Corp (OTCQB: DTRC) (“Dakota Territory” or the “Company”), is pleased to announce that the Company has substantially increased its land holdings in the Black Hills of South Dakota through the staking of 42 unpatented lode mining claims covering approximately 718 acres immediately north and Read More

Nissan Chemical's nanoActiv EFT increases initial oil and gas production

1 month ago DieselGasoil Comments Off on Nissan Chemical's nanoActiv EFT increases initial oil and gas production
11/15/2018 Photo: NissanChemical’s nanoActiv EFT. Pasadena, Texas — Nissan Chemical America Corporation (NCA) introduces enhanced flowback technology (EFT) to complement its existing line of nanoActiv products. nanoActiv EFT is a nanoparticle micellar dispersion, employing a synergistic combination of a soybean extract solvent, a blend of surfactants and, NCA’s proprietary, patent-pending surface-modified silicon dioxide nanoparticles. “One Read More

ADNOC signs ultra-sour gas concession with Eni

1 month ago DieselGasoil Comments Off on ADNOC signs ultra-sour gas concession with Eni
11/13/2018 Abu Dhabi — The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have signed the first of a series of concession agreements with Italy’s multi-national oil and gas company, ENI, awarding it a 25% stake in its offshore ultra-sour gas mega project. The Ghasha Concession consists of the Hail, Ghasha, Dalma Read More

ADNOC signs First Hail, Ghasha and Dalma ultra-sour gas concession with Italy’s Eni

1 month ago DieselGasoil Comments Off on ADNOC signs First Hail, Ghasha and Dalma ultra-sour gas concession with Italy’s Eni
11/13/2018 Abu Dhabi — The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have signed the first of a series of concession agreements with Italy’s multi-national oil and gas company, ENI, awarding it a 25% stake in its offshore ultra-sour gas mega project. The Ghasha Concession consists of the Hail, Ghasha, Dalma Read More