The collaboration combines GroundMetrics’ capabilities in electromagnetic and resistivity sensing. which helps determine the types of fluids present in reservoir rocks.
Read More »Shale Gas Giants Battle for Dominance as U.S. Supplies Surge
As natural gas prices rebound from last year’s historic lows. output from the Marcellus shale basin in the U.S. East and the Permian reservoir in Texas is driving a rebound in America’s production of the fuel.
Read More »BP`s Decision about Future Role in Southern Ahvaz Oilfield
BP said last week that it will announce the result of its evaluation of NISOC'.s customized model soon.
Read More »Saudis Cut Back Oil Supply to Asia. Slash Exports to U.S.
Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.
Read More »Qatar Crisis to Boost LNG Spot Trade
The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.
Read More »Will GE Chief`s Retirement Derail Baker Hughes Merger?
The European Union'.s regulatory body signed off on the merger last month. The company is still waiting approval from the U.S. Justice Department.
Read More »No Need for Foreign Investment in Arak Reactor Redesign
According to predicated mechanism. Iran is the project manager and China and the US will lend help.
Read More »Iran`s Aseman Airlines Finalizes Contract to Buy 60 Boeing Passenger Planes
Boeing 737 MAX planes - that would enter service in the second half of 2017 – have a passenger capacity of 130 people and are specifically adequate for domestic and regional flights.
Read More »Toshiba to Pay $3.7 Bil. in Guarantees to U.S. Utility Firm
Under the agreement sealed Friday. Toshiba will pay parent-company guarantees to the U.S. utility firm in installments from October this year through January 2021.
Read More »NASA’s Dark-Energy Probe Faces Cost Crisis
The next major milestone for WFIRST will come after the review panel submits its recommendations.
Read More »
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