Gas Company News Directory

Bechtel Announces 150 Redundancies at QCLNG

Australian Mining reported that Bechtel Group Inc. will demobilize 150 construction workers at the QCLNG plant on Curtis Island in the coming weeks as site requirements decrease.

Hinto Energy Starts New Well in Ohio

Hinto Energy (OTCQB:HENI) says it has drilled a new well in Ohio - located on the Appalachian geosyncline - which produced 20 plus barrels of oil in approximately 15 minutes. Hinto will retain a 75 percent non-operated interest in this initial well along with 75 percent of any future well on the property.

Santos Gets $1-billion Buffer

Oil and gas major Santos Ltd. (ASX:STO) has secured an additional $1-billion bilateral bank loan facility with ANZ Banking Group.