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Saudi Aramco and CNPC sign MoU to expand crude oil trade and petrochemical project
Saudi Aramco and CNPC agreed to expand crude oil trade and strengthen their cooperation on refinery and petrochemical projects, as well as technology services and equipment supply to the petroleum industry. Saudi Aramco and China National Petroleum Corporation (CNPC), parent of PetroChina, have signed a memorandum of understanding (MoU) during a four-day visit to Saudi [...]
Sunday, December 26th, 2010Sacramento Basin: Royale Energy Discovery Natural Gas Magnum Well in Lonestar Field
Royale Energy, Inc announced it has set pipe at its Magnum #1 well located in the Lonestar field area of the Sacramento Basin. The well reached total depth and electric logs have been run. The well intersected a thick Forbes formation confirming the targets that were indicated on Royale Energy’s 3-D seismic data. Log analysis [...]
Tuesday, November 16th, 2010