NIS 1.5 billion remains in the account, after IEC withdrew NIS 600 million with the employees’ consent a year ago.
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EPA and E15 Testing
Time to set the record straight on EPA’s premature approval of E15 fuel for the marketplace – necessitated by EPA administrator nominee Gina McCarthy’s recent inaccurate and misleading responses to Senate questions about E15 testing. McCarthy was asked: “Was EPA aware of ongoing (Coordinating Research…
Shell CFO: Price too high for stake in Anadarko Mozambique gas project
LONDON — Price expectations for a stake in Anadarko Petroleum Corp.'s (APC) Mozambique gas project are too high, Royal Dutch Shell's chief financial officer, Simon Henry said.
Gazprom cuts 2013 output forecast at Bovanenkovo field
MOSCOW — Russian gas firm Gazprom has cut its forecast for gas output at its giant Bovanenkovo field by almost one-third because of lower demand, the head of Gazprom's production…
Schlumberger awards scholarships to AAPG’s 2013 outstanding student chapters
PITTSBURGH — Schlumberger has announced its contribution of five scholarships to the American Association of Petroleum Geologists’ (AAPG) Outstanding Student Chapter Awards. Two universities were selected as the 2013 chapter…
Polar Petroleum to acquire Alaska properties bordering ExxonMobil project
ANCHORAGE — Polar Petroleum Corporation has signed a Letter Of Intent to acquire a 100% working interest in 12 offshore oil and gas leases (approximately 19,662 acres, in total) in…