Northern Ireland—The Last Great Frontier?

Europe’s Carboniferous basins have long been prolific sources of hydrocarbons and characterize many of the fields in and around the North Sea. But one of these basins is virtually overlooked. The Larne Basin in Northern Ireland is a classic Carboniferous basin that has remained unexplored for a couple of reasons. Firstly, historical “troubles” in Northern Ireland deterred the oil companies who were …

Petro River Oil Corp. Reports Second Quarter 2015 Financials

NEW YORK, NY, December 16, 2015 – Petro River Oil Corp. (OTCBB: PTRCD) (“Petro River” or the “Company”), today reported its second quarter 2015 highlights and selected financial results for the three and six months ended October 31, 2015, as well as an overview of recent developments focusing on the Company’s restructuring and corporate strategy. Highlights for Quarter ending October 31, …

CB&I gets $2.8 billion petrochemical contract in Oman

CB&I said its joint venture with Taiwan-based CTCI Corp. was awarded a $2.8 billion engineering and construction contract to build a massive petrochemical and plastics complex in Oman. The Woodlands-based CB&I will build the Liwa Plastics Industrial Complex Project for the Oman Oil Refineries and Petroleum Industries Company, called Orpic. CB&I was previously selected last year to perform …