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Mining Exploration Technology Exhibition, Industry experts attend workshop on ‘sour’ gas
SHELL has brought together national oil companies, major resource holders and academia from countries including Qatar, Oman, the United Arab Emirates, Saudi Arabia, Kuwait, Iran and Russia to share expertise on “sour” gas and carbonate reservoirs.
Future of Mining Exploration in Kenya
Even with reports that Kenya could have struck oil in Lodwar, the fuel situation in the country has been declared a crisis at the highest levels of Government. And the situation doesn’t look promising.
Industry experts now say that there is little the country can do besides planning for the future.
Kenya imports crude oil for national [...]
Oil Crude Futures, New Record Over $116 a barrel
Retail gas prices set new records Friday on their seemingly relentless march toward $3.50 a gallon, and diesel prices pushed further above $4 a gallon. Crude futures, meanwhile, surged to a new record over $116 a barrel.
The price of crude oil was pushed higher after a militant group in Nigeria said it had sabotaged a [...]
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 [...]
Oil Market Slowdown, International Energy Agency Reported
The world oil market could be set for a lengthy slowdown, the International Energy Agency said on Wednesday, signalling a sharp shift in the climate that pushed the oil price to 100 dollars last month.
In light of weaker global economic prospects, the IEA cut its forecast for world demand for oil this year by 200,000 [...]
Pipelines helps Greece and Turkey forget old rivalry
A decade ago Greece and Turkey were nearly at war over an uninhabited island, now a shared gas pipeline to be officially inaugurated Sunday symbolises a new spirit of cooperation between the rivals.
Greek Prime Minister Costas Karamanlis and his Turkish counterpart Recep Tayyip Erdogan will meet on the River Evros, the natural frontier which has [...]
Canadian village calls for end to oil sand projects
A small aboriginal village downstream from Alberta’s massive oil sands plants is calling for a moratorium on new projects in the region after a study found high levels of heavy metals and carcinogens in its fish and drinking water.
The village of Fort Chipewyan, Alberta, a one-time trading post on the northeast shore of Lake Athabasca [...]
Mining Industry Converts Coal to Clean-Burning Natural Gas
A Cambridge start-up that converts coal to clean-burning natural gas will take its cutting-edge process to the next step, building a $25 million demonstration plant near Fall River to ready their technology for full-scale commercial production.
GreatPoint Energy Inc., is scheduled today to unveil its plan to develop the project, which includes a research center, at [...]
Canadian Mining company, Vangold Resources Ltd, Signs Deal to Explore for Oil
Canadian-based, Vangold Resources Ltd, has signed a production sharing contract (PSC) with Kenya’s Ministry of Energy to explore oil on Block 3A in the North Eastern Province.
This is the third exploration contract to be signed with an international oil company in three weeks.
Block 10A went to Camec International of the UK, Block 11 to the [...]
