Energy & Oil

• Wednesday, July 31st 2013 - 05:35 UTC

  Falklands' Sea Lion project outstands in Premier Oil exploration opportunities

  

  Premier Oil, the British North Sea's oldest company outside the oil majors, is turning away from the region for future exploration opportunities such as the Catcher and the Sea Lion project in the Falkland Islands, according to a report published by Reuters.

• Wednesday, July 31st 2013 - 05:26 UTC

  Canadian town evicts oil sands companies that helped it grow

  

  The Canadian town of Fort McMurray, population 76,000, is the heart of Alberta's oil sands largesse--but the town is bursting at its seams with nowhere to expand because the land surrounding it is owned by oil companies.

• Saturday, July 27th 2013 - 10:18 UTC

  Six key Oil & Gas discoveries of 2013: who's worth owning?

  

  By OilPrice.com Premium Analysts - The pace of oil and gas exploration is frightening, and discoveries are weekly, if not daily, with volumes investors would only have dreamt of a decade ago. With each new discovery, it becomes difficult to keep track of the playing field, and even more difficult to rank the potential.

• Saturday, July 27th 2013 - 05:11 UTC

  Repsol takes YPF/Chevron deal to World Bank’s Investment Disputes Centre

  

  Spanish oil company Repsol asked the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) to take provisional measures to prevent YPF state-owned oil company to execute the deal it sealed with Chevron last year to explore for unconventional hydrocarbons in the Vaca Muerta shale formation.

• Saturday, July 27th 2013 - 05:00 UTC

  Falklands set rules for oil and gas development, to the benefit of Islanders current and future generations

  

  Falkland Islands has set out the eight basic guidelines of its hydrocarbons development policy which are centred on robust regulation, supply chain support and long-term benefits for Islanders because the statement underlines its resources belong to the people of the Islands.

• Thursday, July 25th 2013 - 05:55 UTC

  Conference in Brazil to discuss oil and gas industry latest practices in HSE

  

  Oil spills have always tormented the oil and gas industry with devastating incidents being reported world wide. A recent oil spill of about 11,480 barrels in Ecuador has given rise to concerns to the neighbouring countries of Latin America.

• Tuesday, July 23rd 2013 - 14:54 UTC

  Mineral rich Australia may contain world's next major oil find

  

  By John C.K. Daly of Oilprice.com - Australia's massive mineral exports allowed it to weather the global recession, which began in 2008, quite nicely.

• Wednesday, July 17th 2013 - 20:04 UTC

  Successful fracking for tight gas in Tierra del Fuego, announces Chile’s ENAP

  

  Chile’s government oil and gas company, ENAP, confirmed a successful experiment with hydraulic fracturing to extract non conventional tight gas at the Arenal Block in Tierra del Fuego, where the company operates with no partners.

• Wednesday, July 17th 2013 - 07:24 UTC

  Argentina’s nationalized YPF and Chevron sign agreement to develop shale deposits

  

  Chevron, the world’s second-biggest oil company signed the first agreement with Argentina’s government since it nationalized YPF in 2012 to help develop shale oil and natural gas in the Vaca Muerta basin of the Patagonian province of Neuquen.

• Tuesday, July 16th 2013 - 20:29 UTC

  Chernobyl at sea? Russia building Floating Nuclear Power Plants

  

  By John C.K. Daly of Oilprice.com - So much for the lessons of Fukushima; never mind oil spills the Russian Federation is preparing an energy initiative that, if it has problems will inject nuclear material into the maritime environment.