Ratings services issue new E&P warnings

Falling expectations for oil and gas prices have further eroded the producing industry’s financial outlook. Source: News


ExxonMobil joins cellulosic biofuel research

ExxonMobil Research & Engineering Co. and Renewable Energy Group Inc.’s Life Sciences subsidiary have agreed to study the production of biodiesel via fermentation of renewable cellulosic sugars. Source: News


Ahdi field gas plant starting in Pakistan

Pakistani government officials have inaugurated a third natural gas processing plant at Adhi oil and gas field operated by Pakistan Petroleum Ltd. about 70 km south of Islamabad. Source: News


CNPC-Chevron JV starts Luojiazhai gas flow

A joint venture of China Natural Petroleum Corp. and Chevron Corp. has started commercial production from Luojiazhai natural gas field, part of the Chuandongbei sour-gas project in the Sichuan basin of southwestern China (OGJ Online, Nov. 9, 2009). Source: News