THE world’s largest untapped oil reserves - in the Canadian Arctic - have become the new front line in the battle between environmentalists and the energy industry.
Shell, a self-styled “green” energy company, is to invest billions of dollars in exploiting the Athabasca tar sands.
Environmentalists say the tar sands are the world’s dirtiest oil deposits and [...]

Venezuela, which this week announced plans to nationalize 18 oil rigs operated by international companies, wants to establish a Latin American oil and gas drilling corporation.
Such a company would give Petroleos de Venezuela and other Central and South American oil companies an alternative to North American rig operators, seismic providers and service firms, Bernardo [...]

Petroleo Brasileiro SA, or Petrobras, Brazil’s state-controlled oil company, and Galp Energia SGPS SA, Portugal’s biggest oil company, signed an agreement with the Portuguese government to explore for oil and natural gas off the country’s coast.
The companies will invest as much as $300 million on drilling and up to $3 billion after that if they [...]

Democratic presidential candidate Bill Richardson is laying a plan for a dramatic shift in the way the US uses energy.
The New Mexico governor is proposing to all but end the country’s reliance on oil and reduce greenhouse gas emissions by 80% by 2040.
In a speech in Washington today, Richardson called for a “new American revolution [...]

Tyche Energy Corporation is pleased to report that as a result of its successful bid for the outstanding shares of Tyche Energy Inc., it has acquired varying working and royalty interests in producing and non-producing oil and gas properties located in southwestern Ontario and northeastern B.C.
Producing lands acquired include an 85% operated WI in [...]

The oil and gas industry contains substantial risks and not just the risks of job-related injuries that first come to mind.
“That’s why we teach well control and safety and health,” said Susan Schrader, assistant professor of petroleum technology in the University of Texas of the Permian Basin’s Industrial Technology department. “There’s also, in the industry, [...]

Pilgrim Petroleum Corporation has entered into an RFP for Participation in Exploration, Development and Operations of Oil and Gas Interests owned by The University of Texas. University Lands in Midland, Texas, manages the 2.1 million acres of Permanent University Fund Lands in West Texas. Currently oil and gas rights are leased via a sealed bid [...]

A $3 million project in Penasco aims to remove petroleum-contaminated soil and replace part of a water line that serves the northern New Mexico community.
The state Environment Department is working with A1 Auto gas station on the project.
It involves removing about 11,000 cubic yards of contaminated soil and replacing a 700-foot section of water line.
The [...]

Ridgeway Petroleum Corp. is pleased to announce its audited financial results for the fiscal year ending December 31, 2006.
The Company incurred a net loss of $2,806,069 for the year ended December 31, 2006 compared to a net loss of $2,493,939 during the same period in 2005. The increase in the loss in the current period [...]

COSHOCTON - Like every livestock farmer these days, Larry Stahl is worried about how much it’s going to cost to feed his herd of dairy cows in the near future.
Stahl, who works on his family’s Adams Township farm, Rocky Point Farms, has planted about 150 acres of corn this year to help feed his 75-head [...]