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Oil and Gas Exploration Project Fall in Prices
From the plains of North Dakota to the deep waters of Brazil, dozens of major oil and gas projects have been suspended or canceled in recent weeks as companies scramble to adjust to the collapse in energy markets.
Mining Exploration Investment, Trade and Market Analysist
Now, all coutry confuse about oil price, very higher oil price in every trade and market. Fluctuation oil price on market will effect to every economic and industry sector. Bellow the analysist from the head of BP, about mining exploration investment and trade-market condition.
The world is not running out of oil and can continue to [...]
Global Competitors Clamor for Kazakhstan’s Oil
Kazakhstan is in the midst of an oil boom that has made it one of the fastest-growing economies in the world. The oil revenues are transforming what was once a remote backwater that served as a gulag for hundreds of thousands of Soviets deported by Joseph Stalin into an economic powerhouse in Central Asia. [...]
UBS Is Hired for PetroChina’s $5.9 Billion Shanghai Share Sale
UBS AG has been hired by PetroChina Co. to arrange what may become China’s biggest share sale this year, raising as much as $5.9 billion, people with direct knowledge of the decision said.
UBS Securities Co., the China venture of Europe’s largest bank by assets, won a mandate for PetroChina’s share sale, the people said, asking [...]
Oil & gas to fuel UMW earnings
UMW Holdings Bhd expects the oil and gas sector, into which it began a serious push five years ago, to contribute a quarter to its bottom line for 2007 compared with 20% last year.
UMW managing director Datuk Dr Abdul Halim Harun said the greater contribution would come from the pipes plants in China and Malaysia [...]
TNK-BP asks Russian agency to clear Kovykta drilling
A subsidiary of British-Russian oil company TNK-BP has asked Russia’s technical standards agency to check environmental compliance at its huge Kovykta gas field, which is under pressure from several other state bodies.
TNK-BP, a joint venture between Britain’s BP Plc and a group of Russian billionaires, is the main shareholder in Rusia Petroleum, which has the [...]
Far East Energy Corporation Posts Letter to All Stockholders
Highlights Company’s Long Standing Commitment to Good Corporate Governance and Board Nominees’ China Experience and Important Relationships Encourages All Stockholders to Vote for Far East’s Board of Director Nominees.
Far East Energy Corporation (OTC Bulletin Board: FEEC – News) announced today that it has posted a letter to all stockholders on the Company’s Web site www.VoteFarEastEnergy.com [...]
