SEOUL, March 7 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner, said Sunday it will sell its stake in U.S. shale oil mines to a local glycerin company as part of its business reorganization strategy. SK Innovation said its U.S. affiliate SK E&P America will finalize the deal this month to sell its [...]
SEOUL, March 18 (Korea Bizwire) — South Korean oil refiners will likely benefit from a crisis in the U.S. shale industry sparked by plunging international crude prices, industry sources said Wednesday. A recent tumble in oil prices is projected to cut U.S. shale oil firms’ production sharply down the road, leading to a drop in [...]
SEOUL, May 10 (Korea Bizwire) — Lotte Chemical Corp., a unit of retail-to-construction conglomerate Lotte Group, said Friday it will start commercial production at its plant in United States this month. In a joint project with Westlake Chemical Corp., Lotte Chemical completed the construction of the 3.6 trillion-won (US$3.1 billion) ethylene plant in Louisiana late [...]
DENVER, Mar. 26 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, announced that it will host a conference call to review fourth quarter and full year 2018 results. Date: Australia: [...]
DENVER, Feb. 20 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today announced the casual appointment of Judy D. Buie to serve as an independent non-executive director on the Company’s [...]
DENVER, Jan. 31 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas is pleased to announce that it exceeded its production guidance for full year 2018 and met its production guidance [...]
SEOUL, Jan. 28 (Korea Bizwire) — South Korea’s imports of liquefied natural gas (LNG) reached an all-time high in 2018 amid a spike in purchases from the United States, industry data showed Monday. The country’s LNG imports totaled 44.04 million tons last year, up 17.3 percent from the prior year and a new record high, [...]
DENVER, Dec. 17 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today provided an update regarding the Company’s recent development activities and outlook regarding its 2019 development plan. 2019 Development [...]
DENVER, Nov. 14 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today announced that the lenders in its Senior Secured Borrowing Base Facility unanimously approved a 40% increase from US [...]
DENVER, Oct. 8 (Korea Bizwire) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today provided an update regarding the Company’s recent development activities. Production Sundance’s sales volume for the month of September [...]