ReleaseWire

There are glimmers of hope in the upstream oil and gas segment, with the Ascent -operated Petiovci tight gas scheme capable of improving near-term energy self-sufficiency and slowing the rate of growth in gas imports. The project is currently in the detailed permitting phase, facing unexpected slowdowns due to the lack of an established Slovenian regulatory infrastructure and new EU tendering obligations the country adopted in 2013. However, overall volumes are likely to be relatively modest, with imported Russian gas set to dominate supply for the foreseeable future. Slovenia is opposed to proposals for an Adriatic LNG terminal that is backed by Italy. This puts the country at odds with EU energy policy in the region.

South Africa's oil and gas sector is set for growth, as an upsurge in exploration and the increasing prospectivity of the country's offshore acreage point towards considerable upside potential for the country's long-term upstream prospects. The country also has vast unconventional resource potential, and with growing political support lifting the moratorium on hydraulic fracturing, we could see shale development permits issued as early as H1 2014. However, the passage of the mineral and petroleum resources development bill has caused widespread unease in the industry, and deep regulatory uncertainty may cloud the country's long-term oil and gas outlook, unless the government can offer greater clarity to potential investors.

Green Auto Lube is a one-of-a-kind preventive-maintenance facility in the USA that will soon be involved in providing a client-rented and efficient Valet Service in Spokane. They are focused on being an ethical organization that will be recognized for its reliability, professionalism and integrity, while maintaining transparency in business deals and transactions. Green Auto Lube will work with a team of certified professionals who are trained and experienced in different valet services as per industry standards, after methodically examining the vehicles and the client’s needs. Aside from this, another policy of the company will be to always ensure the price remain reasonable and suitable for varied budgets.

Malaysian state-owned oil company Petronas is set to make a final investment decision (FID) on the Refinery and Petrochemicals Integrated Development (Rapid) project in Johor, Malaysia, by late March, reports The Sun Daily. The company will finalise its FID on the Rapid project even though the resident relocation issues associated with the project remain unresolved. The company was scheduled to finalise its FID on the project in Q114. The regional government is working towards implementing measures to provide alternative shelters for relocating the people in Pengerang, which is the site for the project, said Petronas' CEO Tan Sri Shamsul Azhar Abbas.

The installation of the el-Sisi government has improved investor sentiment in Egypt, which has been troubled by political and social instability. We anticipate a more stable environment for operators and investors over the coming years, though highlight uncertainties still persist. Our view has been supported by the positive news from smaller exploration and production companies in Egypt, which have stepped up operations. We expect this trend to continue with Egypt's strong below-ground potential too good to ignore.

RAM, which is part of Chrysler and FIAT, has been able to utilize the diesel-building expertise of VM Motori in Italy. They designed and built the 3.0-liter V6 EcoDiesel, which uses an iron block, aluminum cylinder heads, dual overhead cams and 24 valves. Turbocharged and intercooled, and meeting emissions regulations in all 50 states, the diesel is rated at 240 horsepower at 3600 rpm and 420 lb-ft of torque at 2000 rpm. The motor oil specification is for this engine is MS-11106 and ACEA C-3.

Report depicts the significant increase in seasonal oil demand levels during the second half of the year compared to the first half and potential risks to oil supply that could impact crude oil and product pricing levels. The premium associated with geopolitical supply risk is increasing with continued uncertainty over events occurring in the Middle East specifically the escalation in conflict between the Islamic State of Iraq and Levant (ISIL) and the Maliki Government in Iraq as well as the looming deadline between the P5+1 and Iran over the nuclear issue with the interim deadline set to expire on July 20.

Sustained interest from major international companies in Ukraine's gas reserves provides some upside potential in alleviating a part of its import burden in the long run. However, escalating political instability in Ukraine will delay exploration and development (E&P) work, while international investors wait for a clearer picture to emerge as to the set up of the new government and the new status quo in the country.

Liquefied Petroleum Gas (LPG) is a type of hydrocarbon, consisting of propane or butane. These are usually in gas form at atmospheric temperature and pressure, and liquefy when introduced in modest temperature or refrigeration (pure butane liquefies at 68 degrees Fahrenheit whereas pure propane liquefies at 131 degrees Fahrenheit), which makes it possible to transport or store LPG as liquid. LPG is stored or transported in pressurized cylindrical containers. It is produced during refining or extracted from natural gas production processes. LPG is clean, lower carbon, and an efficient source of energy for various end-user segments.

Owned and operated wholly by its employees, Concepts Safety Services Pvt Ltd has now become a leading light when it comes to providing Safety, Environment and Risk management training and consulting services to businesses and their employees. For quite some years now, the company has been doing a sterling job in coming up to myriad expectations and requirements of clients belonging to hazard industry sector. Concepts Safety Services Pvt Ltd projects itself as an independent company that excels in designing and conducting specialized courses for existing and prospective employees working in hazard industries. The company offers corporate oil and gas safety training to interested individuals at best rates.

Oilfield equipment is used for the extraction of oil and gas from reservoirs as well as the extraction of unconventional gas resources..

Report provides a comparison of global oil demand and supply for 2014 versus 2013 detailing the increases in Non-OPEC oil production and its impact on the supply of OPEC crude oil to balance the oil demand / supply position for 2014. Report highlights the areas of significant oil production growth forecast for 2014 and how this growth will reduce the Call on OPEC crude production. It provides details by product (gasoline, diesel / gasoil and Aviation Jet Fuel (Avjet)) of changes in 2014 demand levels compared to 2013 showing changes in individual regions and / or at country levels for each product.

Keeping in mind large underground potential, w e maintain our optimistic outlook for Kazakhstan . However, we continue to underline risks related to resource nationalism and geological complications on major prospects that could deter foreign investors. Kazakhstan's choice to block the sale of ConocoPhillips' Kashagan stake in order to allocate it to CNPC illustrates the uncertainty of the business environment that surround s the country.

The USAAB has announced that Dennis K. Burke, Inc., a prominent, local fuel and lubricate supply and delivery service on the East Coast, is now a USAAB Member Organization.

HNO, on the web at www.hnogreenfuels.com , stands for hydrogen and oxygen, the two building blocks of water. Without these two abundant elements, life on earth would cease to exist. Now, HNO Green Fuels, Inc. introduces the LeefH2 TM system, a method of reducing particulate matter emissions from combustion engines and improving the combustion efficiency of those engines while producing life-supporting oxygen for the planet.

Transformer Oil Market, by Types (Mineral Oil - Naphthenic & Paraffinic, Silicone, and Bio-based), Applications (Small & Large Transformers, Utility) & Geography - Global Industry Trends & Forecast to 2018

A CFB boiler is a clean and environment-friendly boiler that can use a variety of fuel sources such as low-quality coal, coal blends, petcoke, as well as alternative fuels such as biomass. It helps to reduce harmful emissions such as sulfur dioxide, nitrogen oxide, and carbon dioxide. The earlier versions of CFB boilers were considered more cost competitive than conventional pulverized coal-fired boilers fitted with a Flue Gas Desulfurization or Selective Catalytic Reduction unit. However, in recent years, all large CFB boilers are required to have an FGD or SCR unit because of the introduction of stringent emission norms in various countries. A CFB boiler has a combustion chamber where various types of fuel are burnt to generate steam. It can be used for various applications in the Oil and Gas, Chemical, Power Stations, Petrochemical, and Pulp and Paper industries.

Oilfield Services Market by Type (Coiled Tubing Services, Completion Equipment & Services, Drilling & Completion Fluids, Drilling Waste Management, OCTG, Pressure Pumping Services, Well Intervention Services and Wireline services), by Geography (Asia-Pacific, Europe, Middle East, Africa, North America and South America) - Global Trends and forecasts to 2019

Greece needs to accelerate the completion of the regulatory and governance structures international investors seek in order to move ahead with its ambitions to attract major exploration interest in its offshore waters. Even those within the small Greek oil and gas exploration community are calling for politicians to temper rhetoric of untold riches and concentrate on logic and data and the creation of an international ly recognised governance model. While the long delayed awarding of offshore parcels in the Ionian Sea in May 2014 and the nebulous arrangements of the Katakolo licence are signs of modest progress, until Greece fully codifies and properly staffs its hydrocarbons supervisory and management agency (EDEY AE), testify to the inability of the Greek authorities to move through the process (even of this small licensing the international E&P community will put is money elsewhere. Its proactive step to conduct extensive 2-D seismic and provide it to potential explorers is a forward step, but the other components of regulatory and fiscal certainty are just as essential if Greece is to see more activity.

Gas production from the Tamar field is expected to r amp up considerably since coming online in March 2013 and will mak e Israel self-sufficient in natural gas supplies for the first time ever. We expect stagnation in production growth through to 2015 as bottlenecks at the onshore receiving facility at Ashdod will limit production to 10.5bcm. This should be resolve d by 2016 in sufficient time to take output from the Leviathan field where development will begin in mid-2014. Gas from Leviathan could flow from late 2018 with export opportunities increasingly likely from this point. We see comparatively strong liquids upside with growing condensate volumes from Tamar and eventually L eviathan. Furthermore, near shore licences are showing greater likelihood of condensate and oil providing upside for the oil reserves outlook.

Laird and Son Heating and Air Conditioning announced its 66th anniversary this year and marked its third generation of family ownership. The company, which specializes in furnaces, heat pumps, boilers, and air conditioners, has been serving the Toronto area since 1948.

Australia is set to become a major player in the global liquefied natural gas (LNG) market by the end of the decade. However, we see waning investment sentiment, which will slow growth momentum. Gas production and consumption growth could be further threatened by increasing rules on the extraction of coal bed methane. The country will also have to contend with a growing reliance on oil imports as domestic crude oil production experiences weak growth while refining outlook is bleak in face of regional competition.

The Bulgarian business environment remains challenging , suffering from high levels of corruption and inefficiency , while a moratorium on hydraulic fracturing remains in place . Bulgaria's oil sector is uninspiring with limited new activity and a continued decline in domestic production. Upside in Bulgaria's oil and gas sector comes from the USD 1. 5 bn investment to upgrade the Neftochim refinery which will add a 50,000 barrel per day vacuum distillation unit , and from the natural gas sector which is looking increasingly positive. New gas projects being brought online both on and offshore will add to domestic output, as well as growing prospects from offshore seismic projects.

Cannon Operating is excited to announce the availability of Working Interest in the newly developed Caddo Lake Project. This prospect is a multi-pay drilling project located in Caddo Parrish Louisiana. Currently Caddo Parish production is just over 187K barrels/month.

The ramp-up of major upstream projects over in the coming quarters will boost output in Iraq , though a challenging security situation and unresolved issues with the Kurdistan region will cause volatility in exports . Although we forecast strong growth in both oil and gas output over the next ten years , we expect delays and setbacks to continue, causing production to underperform in light of the country's raw below-ground potential. A resolution to the political situation between Baghdad and Erbil will be a key challenge to achieving production targets and long-term growth, particularly with new export infrastructure from Kurdistan to Turkey in place and the Kirkuk-Ceyhan pipeline offline.