Petroteq Acquires Additional Acreage Adjacent to Its Asphalt Ridge Location Contingent Resource Increased 8.5% to 93.4 Million Barrels
Studio City, Califronia - (Newsfile Corp. - June 7, 2018) - Petroteq Energy Inc. (TSXV: PQE) (OTC Pink: PQEFF) (FSE: PQCF) ("Petroteq" or the "Company"), a company focused on the development and implementation of proprietary technologies for the energy industry, is pleased to announce that it has acquired additional acreage in the resource rich Uintah Basin. The Company has finalized the acquisition at auction of a 100% interest in two leases for 1,312 acres of land within the Asphalt Ridge,...
TCarta Delivers Satellite Derived Bathymetry Data to Total for Hydrocarbon Exploration Project
BRISTOL, United Kingdom – TCarta, a global provider of marine geospatial products, has delivered satellite derived bathymetry (SDB) to Total SA, one of the world’s largest oil and gas producers. Total will use the water depth data for preparing seismic survey works off the coast of Myanmar. “Our processing team delivered the satellite derived bathymetry just a few weeks after Total placed the order,” said TCarta CEO David Critchley. “Traditional airborne or shipborne bathymetric mapping...
Financial Closing Gives Wärtsilä the Go-ahead for Building the New Hamina LNG Terminal
The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits. Debt financing for the project has been concluded with Skandinaviska Enskilda Banken and Finnvera, the Finnish state-owned specialised financing company. The total investment is worth approximately 100 million euros. In addition to supplying the engineering, procurement, and construction of the terminal, W...
US Sanctions Likely to Cut Demand for Iranian Crude and Limit Scope for New Developments, Says GlobalData
Following the news that the US government will withdraw from the nuclear accord with Iran or Joint Comprehensive Plan of Action (JCPOA) and re-impose sanctions on the country, Will Scargill, Senior Fiscal Analyst for Oil & Gas at GlobalData, a leading data and analytics company, considers the impact that this could have on Iranian oil production, ''Finding new investment to fund crude oil development projects in Iran has been a challenge and the imposition of new US sanctions is likely to...
BP and Alaska Gasline Development Corporation Sign Binding Gas Sales Precedent Agreement
(ANCHORAGE) — The Alaska LNG Project reached a historic milestone today as BP Alaska and Alaska Gasline Development Corporation (AGDC) announced the parties have agreed to key terms of a Gas Sales Agreement, including price and volume. The terms are captured in a Gas Sales Precedent Agreement signed May 4, 2018. The parties anticipate finalizing a long-term gas sales agreement in 2018 for AGDC to purchase BP Alaska’s share of 30 trillion cubic feet (TCF) of gas from the Prudhoe Bay and P...
Engineers Get a Grip on Slippery Surfactants
HOUSTON – A Rice University group's innovative surfactant theory removes limitations of a 100-year-old model for interfacial behavior in enhanced oil recovery. The lab of Rice chemical engineer Walter Chapman customized a well-worn model to analyze surfactant-containing fluids that are pumped into wells to coax as much oil possible out of rocks deep underground. To accomplish the modeling task required a shift in thinking for the lab that uses sophisticated mathematical models to analyze...
Upward Trend Of Natural Gas Production Could Benefit Consumers, Manufacturers
Natural gas production in the U.S. is projected to break the domestic record in 2018, and again in 2019, according to the U.S. Energy Information Administration (EIA). These increases, continuing a trend of the past decade, have been driven by an explosion in shale gas production, the EIA reports. And with supply remaining high, reports say natural gas prices nationally are expected to remain steady in upcoming months. While consumers could continue to benefit in coming years, the afforda...
Petroteq's PetroBLOQ Blockchain Subsidiary Opens Development Facility In Southern California
Studio City, California - (March 9, 2018) - Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV: PQE) (OTCQX: PQEFF) (FSE: PQCF), a company focused on the development and implementation of proprietary technologies for the energy industry, today announced the opening of its Petrobloq Blockchain Labs. The Company has leased and staffed a purpose built space solely for the development of the Petrobloq technologies. The labs will be staffed by several blockchain and smart contract developers...
Petroteq Energy Announces Completion of All Major Process Systems at Its Utah Heavy Oil Extraction Facility
STUDIO CITY, CA, March 05, 2018 - Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTCQX: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, today announced that it has successfully completed testing of all major process systems at its heavy oil extraction facility in Asphalt Ridge, Utah. Further, the Company has initiated test runs of the utility system—among the final steps prior to launching com...
Fluor Starts Front-End Engineering and Design Work for the First Floating Storage Regasification Unit Project in Thailand
Fluor has started the front-end engineering and design work for Electricity Generating Authority of Thailand’s (EGAT) planned floating storage regasification unit (FSRU) and associated facilities in the upper Gulf of Thailand. “In addition to our extensive FSRU and liquefied natural gas project experience, Fluor has a proud history of executing some of Thailand’s most prominent oil and gas projects,” said Ken Choudhary, president of Fluor’s Energy & Chemicals business for the Asia-Pacific reg...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
Santa Barbara County North Branch Jail Expansion
February Issue 2026
