News

Can Geothermal Energy Pick Up Real Steam?

L&A Admin — Wed, 05 Jan 2011 16:20:51 +0000

Interesting article from National Geographic.

Big Gas Find Sparks a Frenzy in Israel

L&A Admin — Wed, 05 Jan 2011 16:18:22 +0000

TEL AVIV—Two years ago, Ratio Oil Exploration LP, an energy firm here, employed five people and was worth about half a million dollars. Read entire article from the Wall Street Journal here.

Iraq, Jordan Agree to Build Crude Oil Pipelines, Develop Risha Gas Field

L&A Admin — Wed, 05 Jan 2011 16:16:31 +0000

From Bloomberg, Iraq, Jordan Agree to Build Crude Oil Pipelines, Develop Risha Gas Field. Iraq, holder of the world’s fifth- biggest crude reserves, agreed to build pipelines across its shared border with Jordan to increase supplies of oil to its western neighbor, Iraqi State Minister Ali al-Dabbagh said. Read entire article here.

Shell Seeking $1B Sale of South Texas Gas Fields

L&A Admin — Mon, 29 Nov 2010 18:26:55 +0000

The sale by Shell Oil could fetch roughly $1 billion, the Wall Street Journal reports, citing people familiar with the matter.

Anadarko makes third Mozambique discovery

L&A Admin — Mon, 29 Nov 2010 17:34:07 +0000

Interesting article from Houston Business Journal: Anadarko Petroleum Corp. said Monday that it will consider launching a liquefied natural gas project in Mozambique after making a third key offshore discovery. Read more: Anadarko makes third Mozambique discovery | Houston Business Journal

Retreat And Regroup: BP Sells Argentine Asset For $7 Billion

L&A Admin — Mon, 29 Nov 2010 17:31:37 +0000

BP sells stake in Pan American Energy to a joint partner venture owned by CNOOC and Argentine mogul Carlos Bulgheroni. Continue reading the full story from Forbes here.

Chinese oil giant takes big step into Texas shale

L&A Admin — Fri, 29 Oct 2010 19:26:35 +0000

State-owned Chinese energy giant CNOOC is buying a multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields, potentially testing the political waters for further expansion into U.S. energy reserves. Read the full article here.

Q+A-Turkey's ambitions to become a gas hub

L&A Admin — Fri, 29 Oct 2010 19:23:47 +0000

From Reuters Africa: Turkish state oil company TPAO won contracts to develop two gas fields in Iraq, aiding Ankara's ambitions to become an energy bridge between Europe and the Middle East. Read full article here.

Simon Henry, Chief Financial Officer of Shell, comments on the Q3 2010 results (video).

L&A Admin — Fri, 29 Oct 2010 19:18:33 +0000

Simon Henry, Chief Financial Officer of Shell, comments on the Q3 2010 results and highlights the progress Shell has made across its strategic themes this period. Watch video here.

Eni, Mitsubishi to Bid for Iraqi Gas Field Rights, Oil Production Climbs

L&A Admin — Tue, 28 Sep 2010 16:56:51 +0000

Eni SpA is among international companies interested in bidding to develop natural-gas fields in Iraq, while China National Petroleum Corp. and others reported progress producing oil there, officials and executives said... read the full article here.