Oil and gas exploration company Sentry Petroleum Ltd has just published an announcement saying that it has signed a conditional agreement to acquire Authorities to Prospect #862, #864 and #866 and rights to all conventional oil and gas deposits giving the company an unprecedented land position in the commercially proven Adavale Basin in Australia.
If regulatory [...]

Leaders of Guyana and Suriname are eager to tap their underwater oil reserves, but the drilling won’t begin until a world court draws a maritime border to settle their territorial disputes.
The drilling could dramatically change the fortunes of the two nations if predictions about the abundance of oil and natural gas deposits prove true.
Final [...]

Echo Energy Canada Inc., active in natural gas and oil exploration, has drilled 71 wells since 2001 in Bayham Township, Elgin County and Houghton Township, Norfolk County, south of the town of Tillsonburg, Ontario. All currently drilled wells have tested gas from the Silurian-aged Thorold sandstone, at depths varying from 1350 to 1460 feet. One [...]

Echo Energy Canada Inc., active in natural gas and oil exploration, has drilled 71 wells since 2001 in Bayham Township, Elgin County and Houghton Township, Norfolk County, south of the town of Tillsonburg, Ontario. All currently drilled wells have tested gas from the Silurian-aged Thorold sandstone, at depths varying from 1350 to 1460 feet. One [...]

If Congress allows oil and natural gas drilling off the Virginia coast, New Jersey’s $36 billion-a-year tourism industry and fragile coastal ecosystems could be devastated, state Environment Commissioner Lisa Jackson told a Senate panel Thursday.
The state’s commercial and sport fishing industries as well as aquaculture operations, which together generate $4.5 billion a year, also [...]

Energy is perhaps the most basic input to any economy. Each of us burns some form of fuel 24 hours a day, seven days a week. Demand is relentless. How much that demand grows depends on the economy.
Exchange traded funds offer an easy way to cast a wide investment net in various groups of energy [...]

The president of Shell Oil, in Miami for a speech, says it’s time to embrace new energy sources.
In the wake of last year’s hurricanes, the United States narrowly averted a major disruption to its fuel supply on a scale “inconceivable in recent memory,” says Shell Oil Co. president John Hofmeister.
A year later, Hofmeister says he [...]