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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.
Abler Minded: $10 a gallon gasoline
In Sunday’s Brainerd Dispatch, in an Open Forum letter, the secretary of the Crow Wing County DFL wrote about the lack of a coherent, national energy policy – a situation that I, too, find unsatisfactory.
In the letter, the author stated, “We need to hear what to do when gas hits $10 a gallon.”
The assumption being [...]
BP to lose 20 bn dlr oil field amid Russian crackdown
BP’s Russian venture TNK-BP is likely to lose its licence for the $20-illion Kovykta gas field although Moscow could prefer to postpone the tough action until after the G8 Summit and its landmark economic forum. A natural resources ministry commission should annul BP’s permit for the $18 billion Kovykta field at its meeting on [...]
Golden Eagle Confirms Confidence Demonstrated by Recent World-Class Projects in Bolivia
Golden Eagle International, Inc. confirmed its scheduled Conference Call and simultaneous Webcast on Thursday, March 8, 2007, at 4:15 p.m. EST (3:15 p.m. CST; 2:15 p.m. MST and 1:15 p.m. PST). The Webcast will feature a PowerPoint presentation updating progress on the C Zone gold project and the Buen Futuro A Zone gold-copper project. (IMPORTANT: [...]
Envoy warns Chavez about oil takeover
A top U.S. diplomat warned Friday that Venezuela cannot afford to drive away the major oil companies affected by President Hugo Chavez’s decision to takeover the nation’s most promising oil-producing operations.
Chavez decreed this week that his government would take a minimum 60 percent stake in projects run by four companies in Venezuela’s Orinoco River region [...]
Could oil reserves prompt an end to embargo?
If estimates of Cuba’s offshore oil reserves prove accurate, it could pressure the U.S. to lift its embargo and permit exploration by U.S. oil companies. The island already has stepped up exploration for oil and natural gas and expanded mining with foreign partners.
Since the demise of the Soviet Union forced Cuba to crack open its [...]
British-Virgin-Island-based oil company to explore gas in Myanmar
An oil company based in the British Virgin Island has reached a production sharing contract with Myanmar to explore and produce oil and natural gas in an offshore area of the country, the official newspaper New Light of Myanmar reported Sunday.
According to the contract signed in the new capital of Nay Pyi Taw recently between [...]
Canada’s oil sands of Alberta: another destination for OFWs
News affecting OFW’s
29 – Canada’s oil sands of Alberta: another destination for OFWs
From the desert sands of Saudi Arabia, another work destination awaits the adventurous OFWs (Overseas Filipino Workers), this time in the “oil sands” of Alberta, Canada.
This Western Canadian province, famous for its cowboy-themed festival known as the Calgary stampede, is enjoying an unprecedented [...]
Cuban Oil and Ethanol Could Prosper in Havana’s Hunt for Energy Supplies
• The pace is now quickening for the Cuban oil industry, whose previous dependence on Moscow for its supplies and operations ended with the demise of the Soviet Union
• Havana is on track for securing energy independence through relationships with foreign investors, including China and Venezuela, among others
• Venezuela proudly flaunts its involvement in the [...]
