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An Underestimated Niche In Oil & Gas

An Underestimated Niche In Oil & Gas

Decommissioning obligations in the global…

News

China National Offshore Oil Corp. Likely to Miss 2011 Targets

China National Offshore Oil Corp. Likely to Miss 2011 Targets

Oct 10, 2011 at 18:23 | Joao Peixe

A Sanford C. Bernstein and Co. report has stated that China National Offshore Oil Corp., China’s top offshore oil producer, is likely to miss 2011 output targets. The report notes…

Chilean Hydroelectric Dam Project to be Appealed to Supreme Court

Chilean Hydroelectric Dam Project to be Appealed to Supreme Court

Oct 10, 2011 at 18:22 | Charles Kennedy

The controversial $10 billion Patagonian HidroAysen hydroelectric mega-dam approved in May by the Chilean government has recently had a Chilean appeals court in Puerto Montt vote 3 to 1 to…

Vietnam Hosts Renewable Energy Fair

Vietnam Hosts Renewable Energy Fair

Oct 10, 2011 at 18:20 | Joao Peixe

Speaking at a renewable energy fair in the Vietnamese capital Hanoi, Vietnam’s National Agency for Science and Technology Information Deputy head Le Thi Khanh Van told journalists that modern technology,…

Uruguay Could Have Significant Recoverable Natural Gas Reserves

Uruguay Could Have Significant Recoverable Natural Gas Reserves

Oct 08, 2011 at 08:54 | Joao Peixe

According to recent reports published by the U.S. Energy Information Agency, Uruguay could have recoverable natural gas reserves as high as 588 billion cubic meters, which would give it the…

Iraq to Construct Two New Refineries to Meet Domestic Need

Iraq to Construct Two New Refineries to Meet Domestic Need

Oct 08, 2011 at 08:53 | Charles Kennedy

Iraqi Oil Ministry, anxious to reduce the country's dependence on imported foreign oil refined products, intends to build two new refineries in the provinces of Karbala and Missan. The Karbala…

Jordan Approves Oil Shale Extraction Agreement with British Firm

Jordan Approves Oil Shale Extraction Agreement with British Firm

Oct 08, 2011 at 08:52 | Charles Kennedy

According to a statement from the UK embassy in Amman, the Jordanian government has given formal approval to an agreement signed in March for British company Jordan Energy and Mining…

Burmese Activists Seek Suspension of Chinese Natgas Pipeline Project

Burmese Activists Seek Suspension of Chinese Natgas Pipeline Project

Oct 08, 2011 at 08:51 | Joao Peixe

Following newly elected Burmese President Thein Sein’s decision to halt the Myitsone dam hydroelectric project on the Irrawaddy River, Burmese activists now want him to shelve the $1.5 billion Shwe…

Egypt Predicts New Israel Natural Gas Deal Shortly

Egypt Predicts New Israel Natural Gas Deal Shortly

Oct 06, 2011 at 19:32 | Joao Peixe

Egyptian Petroleum Minister Abdullah Ghorab said that his country will soon finish drafting a new contract for natural gas exports to Israel, adding that the new contract will include a…

Turkey to Continue Prospecting for Natural Gas off Northern Cyprus

Turkey to Continue Prospecting for Natural Gas off Northern Cyprus

Oct 06, 2011 at 19:31 | Charles Kennedy

The Turkish Piri Reis exploration vessel will continue its seismic research efforts off southern Cyprus, according to a Turkish official speaking on condition of anonymity. The Piri Reis has partially…

Spain Concerned it Might Lose Control of its Largest Oil Company

Spain Concerned it Might Lose Control of its Largest Oil Company

Oct 06, 2011 at 19:29 | Joao Peixe

Spain’s government is concerned that Repsol-YPF, Spain’s largest oil company could revert to foreign ownership. Madrid’s concerns have been heightened by recent international market trades that have resulted in 30…

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