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South Korea Interested to Invest Oil Exploration Project in Ghana
Ghana’s largest oil field, the Jubilee oil field has been up for grabs, and oil majors from across the world are falling over each other to grab it. And now it is the South Koreans.
Since Komos Energy put up their stake in the Jubilee field for sale, Ghana has been in the spotlight, as [...]
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 [...]
Mining and Energy Companies Investment Delay by Global Financial Crisis
The deepening of the global financial crisis and the sharp drop in energy prices have forced companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit.
Dutch Oil Exploration Company, Shell Reports Increas Profit from high oil prices
Oil firm Royal Dutch Shell has reported a 71% jump in its third-quarter profits, helped by record high oil prices earlier this year.
Shell earned $10.9bn (£6.6bn) between July and September – up from $6.4bn a year earlier.
Crude oil prices reached a record of $147 a barrel in July, but have since fallen back sharply.
Earlier this [...]
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 [...]
British giant B Group $12.9 billion bid for Origin Energy
BRITISH giant BG Group has launched the biggest-ever foreign takeover in the Australian energy sector with a $12.9 billion bid for Origin Energy.
The unsolicited bid, which will require the approval of the Foreign Investment Review Board, comes as companies from resource-hungry countries such as China pursue takeovers across the Australian mining and energy sector.
Origin Energy [...]
Oil High Price Analysist and Find More Reason from ConocoPhillips VP
It’s the high costs of the difficult to reach and developing basins now being tapped to supply this nation’s growing demand for natural gas that have driven prices to a new level, and those costs won’t go away regardless of the worldwide price of oil, a ConocoPhillips vice president recently told Natural Gas Intelligence [...]
Triangle Petroleum Porto Folio Project 2008
Triangle Petroleum Corporation (the “Company” or “Triangle”) (OTC BB:TPLM.OB – News) reports that the board of directors has reviewed the Company’s portfolio of projects in detail and has elevated the 516,000 gross acre (806 square miles) Windsor Block in the Maritimes Basin to Triangle’s primary shale gas project. The Company has also elected to sell [...]
Petroleum Oil Exploration Plan in Sudan
A key rebel leader in Sudan’s troubled Darfur region has singled out oil companies as military targets, particularly from China, posing a threat to the Asian nation’s crude imports and adding to the mounting challenges it faces over its involvement in Africa.
In a face-to-face interview with Dow Jones Newswires, Abdelwahid Nur, head of one of [...]
