Fairborne Energy Ltd. Sale of Partial Interest in West Pembina Gas Plant Nov 11, 2009
Fairborne is a natural gas and crude oil exploration, development and production company headquartered in Calgary, Alberta, Canada. Its common shares trade on the Toronto Stock Exchange under the symbol "FEL". (CCNMatthews Press Releases)
Thaksin extradition request rejected Nov 11, 2009
Page last updated at 08:02 GMT, Wednesday, 11 November 2009. Thaksin extradition demand denied. (BBC News -- Asia-Pacific)
On Nathan Deal, birthers, and Georgias hunt for water Nov 8, 2009
This normalcy includes a pre-emptive wars, low taxes, unlimited oil exploration, high deductible/high premium health insurance for all, prayer in the few remaining public schools and the end of Planned Parenthood as we know it. But @Stanislaw, I feel that we need to build a wall around the great states of TX, MS, the Carolinas, LA, AL, GA and FL. Northerners don t understand that the South believs in freedom. (Atlanta Journal-Constitution -- Metro)
"The September Issue" Nov 8, 2009
One of the story's many oddities is that Chevron was never involved in Ecuadoran oil exploration, or in the alleged systematic and deliberate discharge of oil sludge and contaminated water that has sometimes been called the "Amazon Chernobyl." But when Chevron acquired Texaco in 2001, it also took on that company's assets and liabilities, and now must defend itself in a case that has had many unexpected twists and turns. After lawyers for the 30,000 or so Ecuadoran plaintiffs filed suit in the... (Salon)
LETTER: Contact lawmakers to develop US energy Nov 8, 2009
Bps wrote on Nov 7, 2009 5:14 PM:" Well thought out points and I would hope most thinking Americans would agree with this 100%. What I have a real problem understanding is why President Obama, who is so adamantly against off shore drilling for oil for this country, yet he authorized the loaning of 2 Billion of our taxpayer dollars to a Brazilian Oil Exploration Company to drill for oil off the coast of Brazil. The oil that comes from this operation is for the sole purpose and use of China and... (Mattoon Journal-Gazette, IL)
Midnight Oil Exploration Ltd. Is Pleased to Announce Q3 2009 Results Nov 6, 2009
Source: Midnight Oil Exploration Ltd. ... CALGARY, ALBERTA--(Marketwire - Nov. 5, 2009) - Midnight Oil Exploration Ltd. (TSX: - ; "Midnight" or the "Company") today announces its financial and operating results for the three and nine months ended September 30, 2009 ... Midnight Oil Exploration Ltd. is pleased to announce the results for the third quarter of 2009. (CCNMatthews Press Releases)
Nexstar Energy Provides Operations Update Nov 6, 2009
CALGARY, ALBERTA--(Marketwire - Nov. 5, 2009) - Nexstar Energy Ltd. ("Nexstar Energy" or the "Company") (TSX VENTURE: - ; TSX VENTURE: - ) announces significant progress on its Cardium light oil exploration and development program in the Pembina area of west central Alberta. To date, the Company has participated in the drilling of five horizontal wells of which three wells are currently on production, the fourth well has been production tested with favourable results and the fifth well has been... (CCNMatthews Press Releases)
"Kufuor's modus operandi exposed" - Here are the FACTS Nov 5, 2009
Investors felt oil exploration was too risky and too expensive with the conditions of our Petroleum Agreements business unfriendly. In fact at the first energy conference with Houston Partnership 2001 in Houston organized by GNPC Phase 2 and Ghanaian Diasporas[ with community leader Mr. George Owusu] Mr. John Van Dyke of Vanco Energy was the only one who decided to risk coming to Ghana. (Ghana Web, Ghana)
British millionaire jailed for breaking Sudan embargo Nov 5, 2009
Prosecutor Thomas Kark said earlier that the vehicles were apparently to be used for oil exploration in Sudan's southern marshes. But Kark noted that oil revenue has reportedly helped fund the fighting in Darfur. (Sydney Morning Herald -- World)
Petrominerales Records Net Income of US$26.2 Million in the Third Quarter Nov 5, 2009
Our three-well heavy oil exploration drilling program on our 818,650 acre land position in the southern Llanos basin continued in the third quarter with the second and third wells of the program, Chiguiro Oeste-1 and Rio Ariari-1. Chiguiro Oeste-1 commenced drilling operations on July 12, 2009 and reached a total depth of 4,984 feet on July 19, 2009. (CCNMatthews Press Releases)
Anadarko 3Q profit down sharply Nov 3, 2009
The company also engages in oil exploration off the Gulf of Mexico and in other oil-rich areas around the world. Revenue for the three months ended Sept. 30 was $2. (Pittsburgh Business Times, PA)
Denbury to Buy Oil Developer Encore for $2.64B Nov 2, 2009
64 billion in cash and stock to purchase Encore Acquisition Co., in a move to become one of the largest independent oil exploration and production companies in North America. Encore shareholders will receive $50 for each share held, including $15 in cash and $35 in stock. (ABC News -- Wire)
Hillsborough and Vitol Execute Definitive Arrangement Agreement Nov 2, 2009
Vitol Group is also active in shipping, oil terminals and oil exploration and production. Caution Concerning Forward-looking Statements. (CCNMatthews Press Releases)
FTSE hit as confidence fades Oct 31, 2009
92 after Citigroup cut its rating on the oil exploration and production company to sell, citing valuation. Marc Kofler said Socos share price had been supported by the takeover speculation that has swept the oil sector this year. (FT.com -- Markets)
The End of Recession or Another False Dawn? Oct 30, 2009
The Washington Post reports that activists at who helped the oil company in August produce embarrassing video footage "that cast doubt on the integrity of a court in Ecuador, where the company is fighting demands that it pay billions of dollars to fix damage done years ago by oil exploration in the Ecuadoran Amazon." Turns out the undercover video producer is Wayne Hansen of Bakersfield, Calif. who went to jail in the 1980s "for conspiring to import 275,000 pounds of marijuana," The Washington... (Slate)
Defense university builds China's fastest supercomputer Oct 30, 2009
NUDT president Zhang Yulin said the 155-ton system, with 103 refrigerator-like cabinets lined up on an area of about 1,000 square meters, is expected to process seismic data for oil exploration, conduct bio-medical computing and help design aerospace vehicles. China's national high-technology research and development program and the Binhai New Area, a major economic development zonein the northern port city of Tianjin jointly financed Tianhe, which cost at least 600 million yuan (88. (Xinhuanet, China)
Gas Leak From Puffin Field in Timor Sea Having `No Impact on Environment' Oct 30, 2009
About 50 protesters gathered today outside the Perth headquarters of the Australian Petroleum Production & Exploration Association, which represents oil exploration and production companies, to lobby against the spill and PTTEP.. Four bikini-clad women stood in mock barrels and smeared their skin with oil, as fellow protesters banged drums and chanted Never again -- save the Kimberley. (Bloomberg -- Australia & New Zealand)
U.S and Cuban Scientists Plan Joint Gulf Research Oct 29, 2009
Cuba has leased out much of its offshore area for oil exploration, which when it begins will bring danger of oil spills that computer models show would flow north to Florida. "We need a dialogue to talk about coordinated emergency response. Everything points to the need for collaboration and communication, not continuation of a Cold War policy," Guggenheim said. (Newsmax)
Digging for truth about oil, health care Oct 27, 2009
A public forum broadcast from Florida State University from 7 to 9 p.m. Wednesday kicks off public discussion of Gulf Coast oil exploration. A panel of six experts will take questions from the audience and viewers watching on television and online. (Florida Today)
OUR GREAT LEADER Oct 24, 2009
neworleanscajun wrote on Oct 18, 2009 7:27 PM:" Quit-the-Blame:You are so not in touch with reality. Obama is financing oil exploration off the coast of Brazil, while our oil just sits and our people lose jobs. Republicans and "uninformed haters" CANNOT stop Obama since Democrats control both the House and the Senate. Do you even understand the 3 branches of government and the system of checks and balances?. Once more, just because intellligent, well informed citizens speak out against this... (New Iberia, LA)
Guinea: China's Business Ties to the Camara Junta Could Quickly Backfire Oct 22, 2009
in finance for Air Tanzania to expand its fleet, China Sonangol was awarded three oil exploration licences, in contravention of established procedures. In January, the Tanzania Petroleum Development Corporation revealed that it had awarded three licences in Rukwa to China Sonangol as part of the company's budding relationship with President Jakaya Kikwete's government. (allAfrica.com)
The One Thing Oct 22, 2009
I'm for oil exploration and drilling because at no time in the history of the planet has anyone ever lasted as a society by cutting off their energy supply. You can't grow the economy and provide opportunity for prosperity for your people without energy. (Fox News)
No upside potential seen in HOEC Oct 21, 2009
Hindustan Oil Exploration (HOEC), which was trading around Rs 100 in mid-July 2009, has more than tripled in the last three months to near Rs 350 ... Hindustan Oil Exploration (HOEC), which was trading around Rs 100 in mid-July 2009, has more than tripled in the last three months to near Rs 350. (India Times)
Rwanda: Country Drafts Oil Exploration Policy Oct 20, 2009
com: Rwanda: Country Drafts Oil Exploration Policy (Page 1 of 1) ... Country Drafts Oil Exploration Policy ... Kigali The government of Rwanda is developing a Petroleum Exploration Policy and law to facilitate oil exploration in the country. (allAfrica.com)
Ghanas Oil and Tsikatas Obstructionism Oct 19, 2009
Give credit where credit is due; the agency laid out the academic work for oil exploration in Ghana ... Its oil exploration deal that was subjected to a rigorous established evaluation including Cabinet, Parliamentary, and Council of State approval has had to endure ten months of cynical reevaluation under the NDC that turned up nothing inappropriate. (Ghana Web, Ghana)
RIL doles out incentives to staff Oct 19, 2009
Code named Mission Kurukshetra, the exercise was aimed at cutting costs across all its major industrial operationsfrom refineries to petrochemicals, oil exploration to retailas well as across the value chain. A senior RIL official confirmed that incentives were being paid to employees. (India Times)
Investment in Africa Oct 19, 2009
Involvement with various projects from real estates to improving poor infrastructure helped Chinese to secure oil exploration rights which also helped Chinese FDI in Africa. Trade increased from USD 11 billion in 2000 to USD 40 billion in 2005. (Suite101.com)
Cheerful outlook for mkts, several cool picks: Geojit BNP Paribas Oct 17, 2009
Energy, I am quite optimistic about oil exploration companies. Power is the story of going forward to mere two years, three years, four years down the line power would be a definite sector. (India Times)
Selling foreign goods in China: Impenetrable Oct 16, 2009
Publishing, telecommunications, oil exploration, marketing, pharmaceuticals, banking and insurance all remain either fiercely protected or off-limits to foreigners altogether. Corruption, protectionism and red tape hamper foreigners in all fields. (The Economist)
On to Nelp IX Oct 16, 2009
The severe global downturn, from which the world economy is just about emerging, seems to have stymied risk appetite in general, and led to cut-backs in oil exploration and production (E particular. Also, Es appear to have risen sharply in recent years, reportedl 00004000 y due to limited availability of rig capacity and the like. (India Times)
Supporters of President Oct 15, 2009
Jan B wrote on Oct 12, 2009 4:07 AM:" to LovingGOPmeltdown: reguarding number 5 on a previous post. I hope you're just as happy with Obama when our local economy goes down (because as the oil fields goes so goes our local economy).He's giving Billions to Brazil to encourage oil exploration, because as you stated our coast has been raped enough. When my friends (and yours also) are suffering from unemployment and our states economy is down the tubes , we'll know who to thank. Our area was... (New Iberia, LA)
Kenya: Oil Drilling Begins in Two Weeks Oct 13, 2009
He said some associated oil exploration with dictatorship, imperialism, exploitation, neglect of agriculture, marginalisation and civil strife on the continent. The minister said Kenya would strive to benefit the communities residing where oil will be discovered to alleviate poverty. (allAfrica.com)
Tortillas up, bouquets down during recession Oct 13, 2009
That in turn spurred an uptick in the oil exploration and extraction field in the following months, Michael said. Meanwhile, florists are suffering as people scale back on luxuries. (AZCentral -- Business)
Opinion: On Oil Firms in Niger Delta Oct 13, 2009
Lagos Of all the stakeholders in the Niger Delta region, the multi-national oil companies should take the greater blame for the environmental devastation resulting from several decades of oil exploration and exploitation. In their search for the black gold, they have combed the swamps and ravaged the mangroves; polluted the rivers and rivulets; scorched the farmlands and left the people gasping for breath just like the fish in the region, which have been suffocated by oil spills. (allAfrica.com)
Nigeria: Govt Appeals Court Ruling Over Korean Oil Rights Oct 13, 2009
Abuja Federal Government yesterday brought before a Federal High court sitting in Abuja a motion for a stay of execution stating reasons why it has not complied with the judgment delivered by the former Chief Judge of the court, Justice Abdullahi Mustafa, which nullified the revocation of OPLs 321 and 323, two oil exploration licences said to belong to South Korean consortium by the Umaru Musa Yar'Adua-led government ... Retired Justice Mustapha had on August 20, 2009 held that the decision by... (allAfrica.com)
Stop Making False Claims Against Obama; Attack with FACTS Oct 11, 2009
Jan B. wrote on Oct 10, 2009 9:06 AM:" to xxx; Your comment that anything he does is better than Bush,thats all you care about ,is very frighting. So many people seem to think as long as it is against Bush its ok.(I agree Bush made lots of mistakes, but as my Dad always said 2 wrongs don't make a right) Bush did take care of the oil industry, which keeps our area going, Obama would rather send billions to Brazil to encourage oil exploration, and keep ours down. I have spoken to several people... (New Iberia, LA)
Letters to the editor (10/10/09) Oct 10, 2009
Such a project could change the whole dynamic for future oil exploration on the North Slope and help extend the life of the Trans Alaska Pipeline System. -- Dick Garrard. (Anchorage Daily News)
Environmental Impact Assessment Of Jubilee Field And Matters Arising Oct 8, 2009
Like happens in the forestry sector, companies wishing to undertake oil exploration and drilling should be compelled to sign social responsibility agreements with their catchment communities. This initiative will serve two purposes. (Ghana Web, Ghana)
* Catcher Technology to issue bonds in Taiwan and abroad Oct 8, 2009
82 billion of corporate bonds to raise funds for oil exploration and other projects. The bonds are made up of NT$5. (Taipei Times, Taiwan -- World)
Tireless campaigner Oct 6, 2009
Seabed oil exploration was just taking off then and I was involved in a project to look for oil-eating bacteria in Malaysian waters, which can prevent oil spills from destroying mangroves and coastlines. When I found no such bacteria, I was instructed to doctor the data. (The Star Online, Malaysia)
It's destination Lanka for Indian cos Oct 5, 2009
NTPC is expected to sign an agreement in the next few days for setting up a 1,000 Mw coal based power plant in Trincomalee with an investment of $500 million, while Cairn India has got approvals for oil exploration projects at a cost of $400 million. Infrastructure companies Larsen o and Puravankara are also headed to the island nation for setting up shopping complexes and housing projects. (India Times, India -- Intl Business)
Markets on a bull run but most companies in bear grip Oct 4, 2009
Top five gainers of this period are Mcleod Russel India, Hindustan Oil Exploration, Mphasis, Dhanalakshmi Bank and Aurobindo Pharma ... Hindustan Oil Exploration and Mphasis appreciated by 190% and 172%, respectively. (India Times)
Talisman Energy Wins Affirmance of Dismissal of Sudan Genocide Lawsuit Oct 3, 2009
The suit, which was filed in 2001 on behalf of as many as 250,000 non-Muslim Sudanese, claims churches were bombed, church leaders slain, and villages attacked to clear the way for oil exploration. Purpose to Assist. (Bloomberg -- Canada)
Florida solar energy group backs offshore oil exploration Oct 2, 2009
for free extra services. Subscribe to Tampa Bay Business Journal. (Tampa Bay Business Journal, FL)
Ghana: Trinidad And Tobago Shows Interest in Ghana's Oil And Gas Industry Oct 2, 2009
Oil exploration in some parts of the world is being marred by violence, as a result of neglect of the local people. Trinidad and Tobago is well known for its rich module in local content, which involves engaging the local people in the exploration of oil and gas, and is expected to implement the same strategies when given the nod to have a stake in Ghana's oil industry. (allAfrica.com)
Storm Killers: Earth Scan Lab Tracks Cold Water Upwellings In Gulf Oct 1, 2009
While the upwelling is important to Gulf fisheries because it delivers nutrients into the surface waters, causing algal blooms and attracting marine life to the areas, oceanographers have recently begun to realize that these cyclones intensify currents near the surface and along the bottom of the ocean in areas of gas and oil exploration. Now, Walker added, our research has shown that ocean cyclones also provide temperatures cold enough to reduce the intensity of large Gulf of Mexico hurricanes. (Science Daily)
Ecuador: 1 dead, at least 49 wounded in protest Oct 1, 2009
The Shuar Indians involved in Wednesday's violence dominate the jungles of southeastern Ecuador, where they have mounted the fiercest resistance to oil exploration since it began in the region in the early 1970s. Various indigenous groups in the Amazon, led by the Shuar, created CONFENIAE in 1980. (Mattoon Journal-Gazette, IL)
Oil Better Benefit Ghana Sep 30, 2009
Although, oil exploration in the area has since been abandoned, land acquired by government have not been paid for, replaced nor returned to the original owners. Even as I write, there is a further interest in the prospecting for oil in the area. (Ghana Web, Ghana)
LETTER: Government reigning in private sector blunders Sep 30, 2009
Bps wrote on Sep 29, 2009 9:30 PM:" Government reigning in private sector blunders???"Even though President Obama is adamantly against off shore drilling for oil for this country he authorized the loaning of 2 Billion of our taxpayer dollars to a Brazilian Oil Exploration Company to drill for oil off the coast of Brazil. This company is one of the largest companies in the Americas. (Mattoon Journal-Gazette, IL)
CRUDE Documentary to Premiere in Chevron's Backyard Sep 26, 2009
"By refusing to clean up the mess left from their oil exploration in Ecuador, Chevron is letting children suffer from some of the world's most heinous environmental destruction when they could be doing something about it.," said Rebecca Tarbotton, Program Director for Rainforest Action Network. Media Contacts: Nick Magel, (415) 487-9600, Nell Greenberg, (510) 847-9777. (Yahoo! Wire -- Entertainment News)
PTT Says Drilling `on Track' to Stop Timor Sea Oil Leak off Australia Sep 26, 2009
PTT, Thailands only publicly traded oil exploration company, aims to intersect the well and inject heavy mud to stop the flow. Drilling began on Sept. 14 and the previous phase was completed on Sept. 21, PTT said in todays statement. (Bloomberg -- Australia & New Zealand)
Blue Dogs Say Pelosi's a Cruel Master Sep 25, 2009
But whilePelosi has strong-armed some fellow Democrats into liberal votes on health care and the climate bill, she has also been fairly lenient on oil exploration and gun laws, allowing vulnerable colleagues to vote with their districts' persuasions. . (Slate)
India Inc borrowing dips to $1 billion Sep 23, 2009
Besides them, Hindustan Oil Exploration Company raised USD 125 million during the month. Other firms which borrowed in August include Systema Shyam Teleservices and Mahindra Vehicle Manufacturers. (India Times)
Ghana, China collaborate to explore oil Sep 21, 2009
The additional responsibility comes in the wake of President Mills' recent challenge to the Energy Minster to find ways of Ghana getting into oil exploration as a measure to check the periodic but prolonged energy crisis ... Dr Joe Oteng-Adjei, Minister of Energy, said under the deal, the GNPC would move out of its traditional finding and co-ordination of oil sites to oil exploration, taking into account all energy resources available. (Ghana Web, Ghana)
Aruba Premier Oduber Expects Agreement With PetroChina Soon, ANP Reports Sep 21, 2009
The refinery is strategically placed well in the market given the $16 billion oil exploration agreement between China and Venezuela earlier this month, the Dutch-language agency cited Oduber as saying in a report dated Sept. 20. Talks are under way, he said, according to ANP.. (Bloomberg -- Latin America)
Moral issue gets lost in health care debate Sep 20, 2009
So, the United States, which refuses to insure 45 percent of its populace, has the highest number of gun deaths of any industrialized country in the world and boasts about having the least amount of regulation regarding such things as oil exploration and global warning, has been led to believe that government-run health care is tantamount to socialism. The mere suggestion of emulating countries like Sweden or Canada, both of whom have successful health-care systems, is dismissed out of hand. (The Pantagraph newspaper)
PTT Exploration Says Drilling Continues to Contain Oil Spill in Timor Sea Sep 20, 2009
PTT, Thailands only publicly traded oil exploration company, said two days later it might take 50 days to plug the leak from the well, about 250 kilometers (155 miles) off the coast of the Kimberley wilderness region. The Kimberley coast is described by Tourism Australia as one of the worlds last true wilderness areas. (Bloomberg -- Australia & New Zealand)
John Malkovich faces "Disgrace" Sep 19, 2009
") Andrew O'Hehir Friday, Sept. 11, 2009 06:18 EDT The family who just said no Driven along by Al Gore, the fluctuating price of gasoline, a procession of dire news reports about mounting ecological catastrophe and a vague sense that our civilization is running out of time, most of us are trying to do at least a little about it. We downsize our vehicles, segregate aluminum from newspaper and remember (sometimes) to shut off the air conditioner when we're not home. And we're depressingly... (Salon)
Arctic sea ice levels third-lowest on record Sep 19, 2009
Apart from possibly harmful effects on Arctic species that have adapted to the annual cycle of ice growth and melt, open-ocean conditions during summer months will have considerable implications for disputes over military operations, sea routes and mineral and oil exploration. "We re entering a new epoch of sea-ice melt in the Arctic Ocean due to climate change," says Peter Wadhams, an oceanographer at the University of Cambridge, UK, who is conducting research in the Fram Strait off Greenland... (Scientific American)
Liberia: High Oil Prospects, More Bids Pour in Sep 19, 2009
NACOL Chief Executive Officer, Dr. Fodee Kromah, told this paper Thursday that the pronouncement of oil find made by the world second largest oil and gas producer Woodside Petroleum Limited and Anadarko Petroleum Corporation in the Liberian/ Sierra Leonean basin on Wednesday has risen a lot of interest in the country's oil exploration program. He said Liberia owns 2/3 about 66% of the acreage constituting that basin, where the oil has been discovered. (allAfrica.com)
Which earth-crisis documentary is for you? Sep 18, 2009
One of the story's many oddities is that Chevron was never involved in Ecuadoran oil exploration, or in the alleged systematic and deliberate discharge of oil sludge and contaminated water that has sometimes been called the "Amazon Chernobyl." But when Chevron acquired Texaco in 2001, it also took on that company's assets and liabilities, and now must defend itself in a case that has had many unexpected twists and turns. Andrew O'Hehir. (Salon)
Parnell urges Salazar to open Arctic seas Sep 18, 2009
WASHINGTON -- In his first trip out of state since he replaced Sarah Palin as Alaska's governor, Sean Parnell urged the Obama administration to consider the state's perspective as it weighs whether to allow oil exploration to go forward in Arctic waters. Click to enlarge. (Anchorage Daily News)
China in huge Venezuela oil deal Sep 17, 2009
Venezuela has announced a $16bn (10bn) investment deal with China for oil exploration in the Orinoco river. The move comes shortly after Venezuela signed a similar agreement with Russia, which is estimated to be $20bn (12bn). (BBC News -- Americas)
Tullow Advances to Record for Second Day After Two African Oil Discoveries Sep 17, 2009
Tullow Oil Says Ngassa May Be Biggest Find in Basin (Update2) - Bloomberg. Updated: New York, Sep 17 04:10 London, Sep 17 09:10 Tokyo, Sep 17 17:10. (Bloomberg -- UK)
Chavez, China In $16 Bln Oil Search Deal Sep 17, 2009
Venezuela has announced a $16bn investment deal with China for oil exploration in the Orinoco river. The move comes shortly after Venezuela signed a similar agreement with Russia, which is estimated to be $20bn (12bn). (Newsmax)
