Mining Weekly reported yesterday that Canada's US Oil Sands Inc. (TSXV:USO) is using an environmentally friendly, citrus-based technology to design and build the United States' first commercial oil sands project.
Articles Tagged "Oil Company News"
Mining Weekly reported that Glencore Xstrata plc (LSE:GLEN) is interested in purchasing Nigerian oil assets being sold by Royal Dutch Shell plc (LSE:RDSA).
Victory Energy Corp. (OTCQB:VYEY) announced that it has obtained $36.4 million worth of bank and private placement funding via its interest in Aurora Energy Partners.
CBM Asia Development Corp. (TSXV:TCF,FWB:IY2) has appointed Mr. Keith Potter as Vice President of Operations.
Greencastle Resources Ltd. (TSXV:VGN) announced that the production casing has been set on its first well on the petroleum and natural gas lease in Section 11, Township 78, Range 07W6 in the Spirit River area of Northwest Alberta, after reaching a total measured depth of 3,006 metres with the last 1,420 metres.
Petrichor Energy Inc. (TSXV:PTP, FWB:YQN) has completed the casing, and installation of production equipment at Hinson #1 well.
Shares of Whiting Petroleum (NYSE:WLL), Continental Resources (NYSE:CLR) and other crude oil producers in the Bakken shale formation lost ground Thursday after the U.S. government said oil produced from the region may be extra flammable, according to Reuters.
CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) provides an update on its activities. On December 16, CBM Asia was advised by ExxonMobil that it plans to exit the Indonesian CBM industry.
Aroway Energy Inc. (TSXV:ARW, OTCQX:ARWJF) started operations on a new development oil well on its 100% owned and operated Kirkpatrick Lake property in Central Alberta.