Search Results
Royal Dutch Sheel Enter New Period of Growth Oil And Gas Production
Anglo-Dutch oil major Royal Dutch Shell PLC said Tuesday it was entering a new period of growth that would lead to significantly higher cashflows on the back of higher oil and gas output and reserves.
It also signaled expectations for oil prices to remain high.
Shell, which has some 11 billion barrels of oil equivalent of new [...]
Gold Prices Increase on Falling Supply and Rising Demand
February gold futures broke $1200 for the first time a little after 4AM New York time. February 2010 is now the major front month contract after the expiration of the December contract on November 30th.
Gold futures were up 14% in November, the best monthly performance in ten years. Silver was also up 14%. Gold traded [...]
Risk Oil Prices Declince, OPEC To Keep Quota To Support Oil Price
StatoilHydro ASA, the world’s largest offshore oil and gas operator, said there’s a risk oil prices will decline amid concern the economy will re-enter recession, prompting OPEC to maintain quotas this week.
petroleum producers adjust to lower prices for oil, natural gas
Less can be more, at least in the view of independent petroleum producers grappling with how to adjust their operations to plunging natural gas and crude-oil prices.
In the past two weeks, energy producers have issued a near-uninterrupted string of improved third-quarter earnings announcements.
Xcel Energy Plans Coal Mine Exploration and Development
Conservative coal-price predictions could skew comparisons with renewable energy
When Xcel Energy’s plan for how it will provide power to Colorado was approved recently by the state, it was lauded by environmental groups as one of the greenest and most visionary plans in the country.
Even so, the company’s estimate for what it will pay for coal [...]
Eagle Hill Finds a Tantalum Property for Its Qualifying Transaction
Eagle Hill Exploration Corporation is pleased to announce that on June 22, 2007 it entered into a Letter of Intent to earn up to a 70% interest, from War Eagle Mining Company Inc. (”War Eagle”) in a mineral property known as the Mac Property (the “Property”), located in southwestern Northwest Territories. The proposed transaction [...]
Oil companies go deep into Gulf’s potential
Last fall, a team led by Chevron Corp. became the toast of the oil industry when it demonstrated that an alluring deepwater region of the Gulf of Mexico could deliver on its promise.
Now, oil companies are taking concrete steps to unlock the area’s potential, with an eye toward extracting oil from there in as little [...]
IEA Warns on Oil Demand, Delays, Urges OPEC to Act
There is the real prospect of a world oil supply deficit this year due to higher-than-forecast demand, rising project delays and a reluctance by the Organization of Petroleum Exporting Countries to ship more crude over the summer, the International Energy Agency warned Tuesday.
The energy security watchdog for the Organization for Economic Cooperation and Development also [...]
IEA Senior Adviser Gives Insight Into China’s Renewable Energy Development
Francois Nguyen, senior policy adviser with Paris-based International Energy Agency (IEA), gave insight into China’s development of renewable energy during an exclusive interview with Interfax while attending the 2007 Power & Alternative Energy Summit held in Beijing.
Nguyen believes that China has huge growth potential in the renewable energy sector and faces golden opportunities for investment [...]
