Image - Universal Bioenergys Energy Completes $2.7 Mn Monthly Gas Transaction

Universal Bioenergy's Energy Completes $2.7 Mn Monthly Gas Transaction

Universal Bioenergy, a publicly traded independent diversified energy company that markets and distributes natural gas, propane, petroleum and coal, announced that its subsidiary, NDR Energy Group, has just completed one of the earliest monthly natural gas transactions in company history. The April transaction was for the sale of natural gas to one of NDR's core customers and one of the largest utilities in the US. The transaction...

Oil and Gas - Exploration, General News, Utilities - Apr 15, 2014


Image - Gas and oil discovery in the Valemon area

Gas and oil discovery in the Valemon area

The discovery wells 34/10-54 S and 34/10-54 A, drilled by the drilling rig Transocean Leader, are located approximately 10 kilometres north of the planned Valemon installation. The main wellbore 34/10-54 S proved a gross 164-metre gas/condensate and oil column in the Middle Jurassic Brent Group. The side-track 34/10-54 A proved a gross 100-metre gas/condensate column in the Brent Group and in sand of unspecified Jurassic age, and an additi...

Oil and Gas - Exploration - Apr 11, 2014


Image - Chevron, YPF Continue Development of Vaca Muerta Shale in Argentina

Chevron, YPF Continue Development of Vaca Muerta Shale in Argentina

Chevron Corporation (NYSE: CVX) today confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. to continue development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province in Argentina. "This is a significant step in our subsidiaries' joint efforts with YPF to develop one of the most exciting shale plays in the world today," said ...

Oil and Gas - Exploration - Apr 10, 2014