Energy & Oil

Energy & Oil
Tuesday, July 8th 2014 - 07:49 UTC

Falklands' Stanley airport prepares for oil and gas exploratory drilling

  Stanley airport appliances do not meet basic regulatory requirements.

With increased exploratory drilling activity anticipated in the Falkland Islands next year, and Stanley airport expected to play a leading role, the Falklands government is investing in additional fire-fighting equipment to meet the needs of the helicopters servicing the rigs.

Tuesday, July 1st 2014 - 23:16 UTC

Could gang violence end Mexico's shale dream?

Mexican President Enrique Peña Nieto's goal is a production of 3 million barrels of oil per day by 2018

Violence in Mexico could thwart hopes of a budding shale boom, as oil and gas companies operating in Texas may think twice about moving south of the border.
Mexico holds an estimated 545 trillion cubic feet of technically recoverable shale gas and 13 billion barrels of shale oil, but progress in developing those resources has been slow.

Thursday, June 26th 2014 - 05:00 UTC

Argentina to restart production of enriched uranium in Patagonia plant

Minister De Vido making the announcement at a nuclear suppliers event

Argentina's government said Wednesday that in five weeks it will restart operations at an enriched uranium plant as part of a peaceful pursuit of nuclear energy.

Friday, June 20th 2014 - 06:50 UTC

Uruguay advances details of third oil and gas bid round Punta del Este basin

Four ultra-deepwater (3.000/4.000 meters) and seven shallow-water blocks will be on offer

Uruguay has released a draft map of four ultra-deepwater and seven shallow-water blocks in the Punta del Este-Atlantic basin that will be on offer in the country’s third oil and gas bid round next year, officials said in Moscow this week, according to the oil and gas site Upstream.

Wednesday, June 18th 2014 - 08:15 UTC

Falklands gas condensate discovery shows potential for wider distribution

Borders & Southern Petroleum has three production licences in the South Falkland Basin

Borders & Southern Petroleum PLC said on Tuesday that new data on the Darwin gas condensate discovery in the Falkland Islands show the potential for wider hydrocarbon distribution.

Tuesday, June 17th 2014 - 06:49 UTC

British company spuds exploratory well in Paraguay's Chaco

Jacarandá expects drilling to target a depth of 4.200 meters

London AIM listed President Energy PLC, has spudded what it calls the first deep exploration well in the Paraguayan part of the Chaco basin in almost 30 years.

Sunday, June 15th 2014 - 12:20 UTC

How Much Energy Will the 2014 World Cup Consume?

Along with 3 billion other viewers around the world, I plan to tune in for the month-long World Cup to see whether the 22-year old Neymar can withstand the colossal pressure that has been put upon his shoulders to deliver a win for team Brazil.

Friday, June 13th 2014 - 07:02 UTC

Gibraltar to experiment with a wave-power alternative energy project

The system works with uniquely shaped buoys to capture and convert wave energy into low cost clean electricity

The Government of Gibraltar has signed its first power purchase agreement for the provision of renewable energy. The agreement, which is with Eco Wave Power, is for the provision of an initial 0.5MW energy device on the eastside of the Rock.

Tuesday, June 10th 2014 - 13:17 UTC

Obama's climate plan is leaking methane

 By the EPA's own estimate, coal generation will decline by 20% to 22% by 2020.

The United States Environmental Protection Agency's new regulations aimed at reducing carbon emissions by 30% will no doubt lead to a cleaner economy. But the road there will be paved with methane. By requiring reductions in the energy intensity per megawatt-hour of electricity generation, utilities will have the ability to choose from an array of options for how to meet the targets.

Wednesday, June 4th 2014 - 20:26 UTC

Falklands' welcomes rig-contract which marks beginning of oil drilling season in first quarter of 2015

“FIG looks forward to working closely with the oil industry to deliver a safe and successful campaign”, said Luxton

The Falkland Islands Government welcomed the announcement on Thursday morning that a drilling rig has been contracted by a consortium of licensees for a new six-well program of offshore exploration and appraisal work commencing in early 2015.

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