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Chevron To Build Biggest Natural Gas Project in Australia
Chevron Corp. on Monday committed to building Australia’s biggest natural resource project, a $37 billion facility that will pump natural gas from the ocean floor, cool it into a liquid and ship it to the hungry economies of East Asia.
Mining Technology Development, Syngas Success Used Coal Gasification Technology by Siemen Fuel Gasification Technology
Syngas has advised that analyses of core samples from the Company’s JORC classified coal resources at Clinton, match the coal quality of previously successfully gasified coal using gasification technology that is now owned by Siemens Fuel Gasification Technology GmbH & Co KG (Siemens).
Utah Oil Promising Alternative Oilfield Source
Years of rising energy demands have significantly depleted traditional and easily-acquired energy resources, even as large deposits of unconventional resources have remained undeveloped due to the high expense and complicated technology involved in extracting them. But with the price of crude oil and gasoline up and supply shrinking, nontraditional resources are being seriously considered as [...]
Kiwi Oil Drilling Kickoff
In a previous article, I discussed the upcoming impact of the surge of money flooding into the New Zealand economy and stock market from the kickoff of the KiwiSaver retirement plan. We also described the upcoming multibillion-dollar payouts from the Fonterra Co-op to New Zealand’s 11,000 dairy farmers, thanks to rapidly escalating milk prices around [...]
Uranium Funds Points to Near-Term U3O8 Price Decline
Nuclear Market Review [NMR] editor Treva Klingbiel reported in this week’s issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months [...]
Utah, Colorado rival OPEC oil reserves, lure Chevron, Exxon, Shell
Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.
That’s not science fiction, according to Bloomberg News. Trapped in limestone up to 200 feet (61 meters) thick in the two Rocky Mountain states is enough so-called shale oil to [...]
Hellenic Petroleum group has new Libya gas find
Greece’s largest refiner, Hellenic Petroleum said on Monday a consortium in which it participates had made a new natural gas find in Libya.
The group, which includes Spain’s Repsol and Woodside Energy, a unit of Australia’s Woodside Petroleum , discovered gas in an exploratory well in Libya’s Syrtis Basin, it said in a statement.
“The test carried [...]
The Hellenic group of oil to the new gas lucky find of Libya
Greece’s largest refiner, Hellenic Petroleum said on Monday a consortium in which it participates had made a new natural gas find in Libya.
The group, which includes Spain’s Repsol and Woodside Energy, a unit of Australia’s Woodside Petroleum , discovered gas in an exploratory well in Libya’s Syrtis Basin, it said in a statement.
“The test carried [...]
Ethiopia licenses Swedish firm to explore oil
Lundin Petroleum AB of Sweden — through its subsidiary, Lundin East Africa — will commence oil exploration in Ethiopia before the end of the year.
Exploration manager James Phillips told The EastAfrican during a stopover in Nairobi that all the necessary agreements had been signed with Ethiopian authorities.
Keen to sign as many exploration contracts as possible [...]
