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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
Oil India Raises $570 Mln As IPO Priced At Top End
State-run explorer Oil India raised $570 million by pricing its heavily oversubscribed IPO at the top of its indicated range, and analysts expect a stronger performance than two recent major listings that made muted debuts.
Improvement Of Coal Mine Exploration And Safety Of World Climate
the increasing of request of produce of coal in some states results exploration company of coal and company produce of coal increases activity to fulfill request and coal supply.
the increasing of request of coal is applied to fulfill requirement of public electric energy. In some states, improvement of exploration and supply of coal makes state [...]
Oil Mining Exploration Result Reported, Mining Company Exploration Location in Delta Nigeria Basin offshore
Addax Petroleum Corporation reports result of exploration of commodity exchange incorporated mine in Nigeria offshore, Nigeri Delta Basin, yields 200 million barrels. Result of exploration of this commodity exchange incorporated mine is the biggest result.
This mine exploration cooperation operated Oil Mining Lease (”OML”) 123. oli mining exploration location is :
The OML123 license area covers approximately [...]
Sheel Oil Mining Exploration at Nigeria Reported : Exploration Activity Losing 30,000 barrels per day
Oil major Royal Dutch Shell said Saturday it was losing the equivalent of 30,000 barrels of crude oil per day because of recent attacks against its installations in Nigeria.
The unrest in Nigeria, Africa’s biggest oil producer, helped drive oil prices to a record high above 126 dollars on Friday, analysts said.
The loss in production translates [...]
Biggest Oil Producers, BP and Shell Post Big Profits
BP PLC and Royal Dutch Shell PLC, Europe’s two biggest oil producers, posted forecast-busting first-quarter earnings on Tuesday thanks to record crude oil prices that are expected to bolster profits across the industry.
The combined profits of $17 billion reignited calls for a windfall tax on oil profits as consumers struggle to pay for food and [...]
Shell Oil Mining Company Exploration in Nigeria, Supply Pipeline Explosive
Anglo-Dutch oil group Shell said Saturday it had slightly reduced oil production following a militant attack on a major supply pipeline in southern Nigeria.
“We discovered there was a major leak on the Greater Port Harcourt swamp pipeline. The leak appears to have been caused by explosives. We have isolated the line preparatory to repairs,” Shell [...]
Essar Oil to invest $60 million in Vietnam
Essar Oil’s upstream exploration & production subsidiary, Essar Exploration & Production Ltd Mauritius, has been awarded a shallow water block in Vietnam’s prolific Song Hong basin admeasuring approximately 5,925 sq km. The block was offered under the recent licensing round offering 7 offshore blocks.
The minimum work programme for the block envisages detailed geological and geophysical [...]
Brazil discovers huge new oil reserves
Brazil has discovered huge new petroleum reserves in its south that could turn the country into one of the biggest oil producers in the world, the Government and its state-controlled oil company announced.
If one of the deposits turns out to be as vast as it appears, Brazil will be in the same league “as the [...]
