Posts Tagged ‘establishment’

Barbados set to award offshore pair to BHP Billiton

by on November 14, 2012 2:58 pm BST
The areas - Carlisle Bay and Bimshire - are part of an effort by the Caribbean nation to find new oil and gas reserves and shore of its economy. Stuart indicated that the awards are the result of new offshore oil legislation which helped paved the way for the concessions.“The government

Xtra in Canada oil shale deal

by on October 16, 2012 1:52 pm BST
The Florida-based company has signed a letter of intent to acquire OilShale International Corp from the latter’s holding company, 1632623 Alberta.OilShale International owns a 55% stake in the Pasquia Hills oil shale permit on Block SHP00008 in east central Saskatchewan. The block covers 68,910 acres.“Oil shale is one of

Yuan hits record closing high for 2nd day, but weekly gain small

by Forex Rooton October 12, 2012 9:46 am BST
Fri Oct 12, 2012 5:46am EDT * PBOC tolerates yuan rise but no sign of intervention * Potential for yuan to appreciate sharply limited* Yuan also touches record intraday high of 6.2640/dollar* But gains only 0.28 pct this weekBy Lu Jianxin and Gabriel WildauSHANGHAI, Oct 12 (Reuters) - The yuan crept to a new closing

Schlumberger opens the Schlumberger China Petroleum Institute in Beijing

by on September 14, 2012 2:28 pm BST
Schlumberger opens the Schlumberger China Petroleum Institute in BeijingBEIJING -- Schlumberger has announced the opening of the Schlumberger China Petroleum Institute (SCPI) located in the Schlumberger China headquarters office building in the Chaoyang district of Beijing. The institute has more than 100 petro-technical experts, most of them co-located on the