Tag: oil

• Tuesday, January 4th 2011 - 07:43 UTC

  Desire Petroleun plc: Dawn Well Operational Update

  

  Desire Petroleum plc (AIM:DES) the company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 metres in pre-rift sediments.

• Wednesday, December 29th 2010 - 07:48 UTC

  Falklands: Desire Petroleum plc - Operation Update

  

  Desire Petroleum plc (AIM:DES) the oil and gas company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a depth of 1,313metres.

• Tuesday, December 21st 2010 - 18:11 UTC

  Chile’s state oil company looking for associates to drill in Tierra del Fuego

  

  Chile's state oil firm ENAP is seeking joint ventures with foreign companies to explore for crude and gas at five blocks in the country's extreme south region and has invited over twenty corporations to participate, announced the company.

• Tuesday, December 14th 2010 - 14:05 UTC

  Colombia’s Ecopetrol announces seventh technical oil discovery in 2010

  

  Colombia’s Ecopetrol has reported oil shows from a second stratigraphic well on the Cano Sur block, where Shell holds a 50% stake. Ecopetrol said that it completed drilling of the Draco-1 well, located in the southeastern province of Meta.

• Tuesday, December 7th 2010 - 19:27 UTC

  Lula da Silva promises to veto bill on oil royalties sharing plan

  

  Brazilian President Lula da Silva said on Tuesday he would veto a plan to change the distribution of oil royalties among state governments, paving the way for the implementation of a legal overhaul of Brazil's oil sector.

• Friday, November 26th 2010 - 17:25 UTC

  Repsol-YPF ready to sell another 15% of its Argentine branch

  

  Repsol YPF SA, Spain’s biggest oil company announced it filed a request with the U.S. Securities and Exchange Commission to be able to sell shares representing as much as 15% of its Argentine unit YPF SA.

• Saturday, October 30th 2010 - 05:16 UTC

  New ultra-deep pre-salt offshore find confirms Brazil an oil giant

  

  Brazil’s oil industry regulator announced Friday that a recent ultra-deep offshore find is estimated to hold between 3.7 billion and 15 billion barrels of oil equivalent, which could make it the largest crude accumulation in the country’s pre-salt region and the biggest discovery in the Western Hemisphere in more than three decades.

• Monday, October 25th 2010 - 03:49 UTC

  Petrobras Confirms Tupi Field Could Hold 8 Billion Barrels

  

  Brazilian state-controlled energy giant Petrobras said Friday that the drilling of a new exploratory well at the offshore Tupi field confirms potential recoverable reserves of between 5-8 billion barrels of oil equivalent.

• Friday, October 8th 2010 - 17:28 UTC

  Falklands’ private sector project for an oil industry multi-million port

  

  An ambitious new multi-million pound port development – specifically for the burgeoning oil industry in the Islands – has been proposed for the western coast of East Falkland Islands.

• Tuesday, September 28th 2010 - 08:27 UTC

  Falkland Oil and Gas Limited - Licence Update

  

  FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces certain changes to its licence arrangements with the Falkland Islands Government.