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North America
A website dedicated to the ones who get their hands dirty
Tuesday, February 21, 2012
- An introduction to RigHands.com.
GPS program can track down rig supplies in minutes
Tuesday, February 21, 2012
- RigHands GPS Search for Companies
Shifting Fundamentals of North America's Energy Sector
Wednesday, February 22, 2012
- Shifting Fundamentals of North America's Energy Sector
Tax Break for Manufacturers Offset Elsewhere
Wednesday, February 22, 2012
- The Obama administration’s proposal to extend tax breaks to manufacturers would result in other companies losing some lucrative tax benefits.
Woodside Increases Gas Estimates at Browse as It Assesses Stake Sale
Wednesday, February 22, 2012
- Woodside Petroleum Ltd. (WPL) , Australia’s second-largest oil producer, increased the estimate for its natural gas resources in the Browse Basin as it considers the sale of a stake in a venture to liquefy the fuel for export.
Africa
Three Cove executives to share £40m windfall after Shell takeover
Thursday, February 23, 2012
- Shell is setting up shop in Kenya and Mozambique after agreeing to buy the East Africa-focused oil and gas company Cove Energy for nearly £1bn.
Oil major Shell makes $1.6bn offer to acquire Cove Energy of Africa
Wednesday, February 22, 2012
- LONDON Anglo-Dutch oil major Royal Dutch Shell has offered to buy African oil exploration major Cove Energy for 994.4 million pounds ($1.6 billion) to expand its operations in Mozambique and Kenya.
Oil Firm Shell Makes £1bn Bid For Cove
Wednesday, February 22, 2012
- Royal Dutch Shell has made a £992m bid for Mozambique-focused Cove Energy, as the oil and gas firm plans to expand in East Africa.Shell offered 195p per share in cash, which Cove's management said they ...
Shell to buy Cove Energy for $1.6 billion
Wednesday, February 22, 2012
- LONDON (Reuters) - Royal Dutch Shell Plc has made an agreed 992.4 million pounds ($1.6 billion) bid for Mozambique-focused Cove Energy , offering a full price to open up a new gas frontier for the Anglo-Dutch oil major in East Africa. Cove's main asset is an 8.5 percent stake in the Rovuma Offshore Area 1, in Mozambique, where operator Anadarko said recoverable reserves could top 30 trillion ...
Shell to buy Cove Energy for £992.4 million
Wednesday, February 22, 2012
- LONDON (Reuters) - Royal Dutch Shell Plc has made an agreed 992.4 million pound bid for Mozambique-focused Cove Energy , offering a full price to open up a new gas frontier for the Anglo-Dutch oil major in East Africa. Cove's main asset is an 8.5 percent stake in the Rovuma Offshore Area 1, in Mozambique, where operator Anadarko said recoverable reserves could top 30 trillion cubic feet of ...
Australia & Oceania
Woodside Finds Gas Offshore Australia; Profit Down 4%
Wednesday, February 22, 2012
- SYDNEY - Woodside Petroleum Ltd. said Wednesday its hopes of expanding its A$14.9 billion Pluto gas-export project in Western Australia have been boosted by a large offshore natural gas discovery, as it reported a modest fall in annual net profit.
CNPC Said to Bid for Stake in Woodside’s Australian Gas Venture
Wednesday, February 22, 2012
- China National Petroleum Corp., the country’s biggest energy producer, offered to buy a stake in Woodside Petroleum Ltd.’s Browse liquefied natural gas project in Australia, two people with knowledge of the matter said.
Emerald Oil & Gas Raises $15 million Through a Secured Debt Facility; Rodman & Renshaw, LLC Acts as Advisor and ...
Wednesday, February 22, 2012
- Rodman & Renshaw, LLC, a wholly owned subsidiary of Rodman & Renshaw Capital Group, Inc. , acted as advisor and exclusive placement agent to Emerald Oil & Gas NL who announced today the execution of a Purchase Agreement with North Plains Energy LLC, to acquire approximately 10,500 net lease acres, including a 7.5% WI in a producing Middle Bakken oil well located on the acreage.
5 Oil & Gas Plays for Aggressive Investors
Wednesday, February 22, 2012
- By Dividend King. Read more » » Related Stocks: GMXR , KOG , ROYL , ATPG , SSN ,
5 Oil & Gas Giants to Consider Now
Wednesday, February 22, 2012
- By Vatalyst.com. Read more » » Related Stocks: COP , XOM , DVN , CVX , CHK , BP ,
Europe
Oil & gas capex expected to reach US$500 billion this year
Thursday, February 23, 2012
- KUALA LUMPUR : The capital expenditure (capex) in the oil and gas industry worldwide is expected reach a record level at half a trillion US dollars this year.
Oil prices in Europe near 2008 peak levels
Wednesday, February 22, 2012
- The price of oil in Europe is rising, in part due to a supply cut from Iran and in part due to inflationary monetary policies.
Oil & Gas capex may reach US$500b
Wednesday, February 22, 2012
- The capital expenditure (capex) in the oil and gas industry worldwide is expected reach a record level at half a trillion US dollars this year.
Oil price climbs on fear Iran may act
Wednesday, February 22, 2012
- Oil prices have climbed to the highest level since May on concerns that Iran will cut off more oil to Europe, and Nashville's gas prices at pump are edging higher to $3.52 a gallon.
Gas and oil prices rise again nationwide and in California
Wednesday, February 22, 2012
- Another day, another energy cost increase: Oil and gasoline prices are keeping up their expensive ways with crude jumping to a nine-month high and gasoline setting a fresh record for this time of the year.
Central Asia
Nabucco gas pipeline delayed to 2013, OMV says
Wednesday, February 22, 2012
- Vienna (dpa) - A key decision about the planned Nabucco gas pipeline will be delayed by one year to mid-2013, the project‘s Austrian partner OMV said Wednesday.The preferred supplier for the pipeline from Central Asia to Europe is the Shah Deniz gas field in Azerbaijan.However the consortium managing Shah Deniz - led by British energy group BP - will not decide until next year which pipeline to ...
New report from NRG Expert reveals that gas prices are set to rise as natural gas becomes the number two energy source ...
Wednesday, February 22, 2012
- NRG Expert’s Global Natural Gas Report states that natural gas is set to become the number two fuel in the global energy mix after oil. The EU predicts that demand for natural gas will more than double from 1990 demand levels by 2030, while the International Energy Agency estimates that natural gas will make up 25% of primary energy consumption by 2035.London, UK (PRWEB UK) 22 February 2012 ...
Oil jumps to 9-month high after Iran cuts supply
Wednesday, February 22, 2012
- Singapore -- Oil prices jumped to a nine-month high near $105 a barrel Monday in Asia after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country's nuclear program.
Speculators behind rising oil, gas prices
Wednesday, February 22, 2012
- Once again, prices surge despite fact that US has become a net exporter of gasoline WASHINGTON - U.S. demand for oil and refined products - including gasoline - is down sharply from last year, so much that the United States has actually become a net exporter of gasoline, unable to consume all that it makes.
China's Xi tells Turkey's Gul of regional stability hopes
Tuesday, February 21, 2012
- Chinese Vice President Xi Jinping began a visit to Turkey on Tuesday saying that Beijing hopes stability would be restored in the region, while insisting that countries be allowed to handle their own domestic affairs.
Southern Asia
Iran vs. Israel: Besides A-bomb Fear, Could Israel's Huge Gas Find Trigger Hostility?
Thursday, February 23, 2012
- Iran vs. Israel: Besides A-bomb Fear, Could Israel's Huge Gas Find Trigger Hostility?
Yemen's oil output hit by political turmoil
Wednesday, February 22, 2012
- The country's economy is heavily dependant on hydrocarbons, which account for 30 percent of gross domestic product, nearly 75 percent of government revenues.
Pike part-owner returns to profit
Wednesday, February 22, 2012
- NZ Oil & Gas turned to a first-half profit on reduced impairments from the failed Pike River Coal venture.
Economic Update
Wednesday, February 22, 2012
- Expectations that Papua New Guinea (PNG) will emerge as a major energy supplier for Asia’s growth leaders in the next decade have been heightened by reports of progress on two major liquefied natural gas (LNG) plants currently under development.
India's Wild East unprepared for new Myanmar
Wednesday, February 22, 2012
- MOREH (Reuters) - As dusk falls on a lonely police station in the eastern tip of India, a young policeman nervously keeps an eye on the Arakan hills above him, dotted with poppy fields. Just 22 bumpy miles from the capital of Manipur, he and his colleagues are outnumbered by gunmen from a faction of the National Socialist Council of Nagaland, one of half a dozen insurgent groups operating near ...
Far East
Iran vs. Israel: Besides A-bomb Fear, Could Israel's Huge Gas Find Trigger Hostility?
Thursday, February 23, 2012
- Iran vs. Israel: Besides A-bomb Fear, Could Israel's Huge Gas Find Trigger Hostility?
Daniel Dicker: Here Comes $5 Gas!
Wednesday, February 22, 2012
- Supply threats combined with the overwhelming influence of money chasing the oil trade is driving the price of fuel higher. Let me try to map out this 'perfect storm' of rising energy prices.
Mozambique oil: Shell offers $1.6 billion for Cove Energy
Wednesday, February 22, 2012
- Cove recently reported the discovery of one of the world's largest areas of recoverable gas in a decade, located off Mozambique, according to Bloomberg Businessweek. read more
Speculators behind rising oil, gas prices
Wednesday, February 22, 2012
- Once again, prices surge despite fact that US has become a net exporter of gasoline WASHINGTON - U.S. demand for oil and refined products - including gasoline - is down sharply from last year, so much that the United States has actually become a net exporter of gasoline, unable to consume all that it makes.
Gas prices stretching toward $4 a gallon — and even higher
Wednesday, February 22, 2012
- Increases fueled by demand in China and India, turmoil in Mideast The average price of regular unleaded gasoline in Maryland this month was $3.56 a gallon — nearly 20 cents more than in January and far above the $1.91 average in February three years ago. Gasoline prices across the state and the nation are climbing fast, and motorists could see $4 a gallon at the pump in the coming months, fueled ...
South America
Beicip-Franlab and Transform Software and Services Launch Global Collaboration
Wednesday, February 22, 2012
- Beicip-Franlab, an international oil and gas consulting and software solutions provider, and an affiliate of IFP Energies Nouvelles, today announced a strategic partnership with Transform Software and Services, the leading innovator in integrated interpretation and analytics software and solutions for unconventional and conventional reservoirs.
5 Oil & Gas Giants to Consider Now
Wednesday, February 22, 2012
- By Vatalyst.com. Read more » » Related Stocks: COP , XOM , DVN , CVX , CHK , BP ,
Speculators blamed for rising oil, gas prices
Wednesday, February 22, 2012
- Analysts suggest Wall Street is responsible for inflating the price of a barrel of crude by at least $10.
Colombian Growth
Tuesday, February 21, 2012
- GDP grew around 4.6 percent last year and is expected to grow around the same pace this year, fueling demand for more oil and gas. Besides exploration and production, Ecopetrol operates refineries and pipelines, including the Cano Limon pipeline, which carries oil to the coast for export.
Gran Tierra Energy Provides South America Drilling Operations Update
Tuesday, February 21, 2012
- Ramiriqui-1 Exploration Well Encounters Oil Shows, Testing to begin in AprilCALGARY, Feb. 21, 2012 /PRNewswire/ - Gran Tierra Energy Inc. (NYSE AMEX: GTE; TSX: GTE) ("Gran Tierra Energy"), a ...
Middle East
Shell's East African Natural Gas Bet: $1.6B Bid For Cove Energy
Wednesday, February 22, 2012
- Royal Dutch Shell is making a bet on liquefied natural gas (LNG) in East Africa, bidding to buy Cove Energy for about $1.56 billion in cash. The bid, expected to be approved by Cove?s board, would grant Shell access to the Rovuma Offshore field off Mozambique?s coast, which could hold more than 30 trillion cubic feet of LNG.
Beicip-Franlab and Transform Software and Services Launch Global Collaboration
Wednesday, February 22, 2012
- Beicip-Franlab, an international oil and gas consulting and software solutions provider, and an affiliate of IFP Energies Nouvelles, today announced a strategic partnership with Transform Software and Services, the leading innovator in integrated interpretation and analytics software and solutions for unconventional and conventional reservoirs.
Research and Markets: Iraq Oil and Gas Report Q1 2012
Wednesday, February 22, 2012
- Research and Markets has announced the addition of the "Iraq Oil and Gas Report Q1 2012" report to their offe
Tensions in Middle East Fan Fears of Sharp Gas Price Hikes
Tuesday, February 21, 2012
- The average price for a gallon of gas is at record highs and analysts only expect it to get worse, fanning concerns that a big shock in fuel costs could derail the nation's fragile economic recovery.
$6 Gas?
Tuesday, February 21, 2012
- Oil is plentiful as new discoveries continue to be made, natural gas exploration and production is up, the dollar has strengthened, it’s an election year, and so gasoline prices are going which direction? Down? Well, no, according to the experts, gasoline prices are rising and could top $6 per gallon
Antarctica
Boost Capital Corp. Announces Proposed Qualifying Transaction With Holle Potash Corp.
Wednesday, February 22, 2012
- Boost Capital Corp. Announces Proposed Qualifying Transaction With Holle Potash Corp.
UN climate chief turns to business leaders for action
Wednesday, February 22, 2012
- As Governments bicker over who should do what to slow the pace of global warming, the United Nations' climate chief is increasingly looking to business leaders to show the way forward to a low-carbon future.Christiana Figueres said...
UN climate chief turns to CEOs for action
Wednesday, February 22, 2012
- As governments bicker over who should do what to slow the pace of global warming, the U.N.'s climate chief is increasingly looking to business leaders to show the way forward to a low-carbon future.
AP Interview: UN climate chief courts CEOs in bid to accelerate efforts to curb warming
Tuesday, February 21, 2012
- STOCKHOLM - As governments bicker over who should do what to slow the pace of global warming, the U.N.'s climate chief is increasingly looking to business leaders to show the way forward to a low-carbon future.
Hometownstations.com-WLIO- Lima, OH News Weather SportsUN climate chief turns to CEOs for action
Tuesday, February 21, 2012
- STOCKHOLM (AP) - As governments bicker over who should do what to slow the pace of global warming, the U.N.'s climate chief is increasingly looking to business leaders to show the way forward to a low-carbon future.
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