Toro Ventures, Inc. reports that the third shipment of oil has been shipped to the oil purchaser from its Crown lease. The Crown 1 & 3 wells have been producing with no down time. The Company has installed all pipes for the gas discovery on the Crown # 3 well. Interfin Gas Gathering Corporation has [...]
The world’s oil and gas industry spending is expected to rise to $480 billion in capital expenditures and $340 billion for operations until 2010. In the past years, production of oil and gas has increased considerably. Oil and gas prices are rising, based on the expectation that supplies will continue to diminish while worldwide energy [...]
State-controlled StatoilHydro ASA has recently told the press that a 37 percent rise in second-quarter profit Friday because of an increase in oil and gas prices and higher production.
The company, based in the western Norwegian city of Stavanger, said profit for the April to June period came to 18.77 billion kroner ($3.7 billion), up sharply [...]
China’s National Development and Reform Commission said prices of gasoline and diesel oil will rise by 1,000 yuan ($145) per ton to 6,980 yuan ($1,015) and 6,520 yuan ($949), or 16 percent and 18 percent, respectively.
The government hiked fuel prices by about 11 percent in November but kept them frozen at that level, seeking to [...]
Striker Oil & Gas, Inc. (OTCBB:SOIS) continues to build upon the investments made in 2007 for acquiring and developing new properties. We have experienced an increase in oil and gas production and reserves year to year from 2007 to 2008. We continue to implement our drilling program during 2008 as we continue our strategy to [...]
Paris-based International Energy Agency has put coal in the future energy mix.
Due to strong demand, record oil and gas prices, concerns over energy security and a reluctance to fully bring back nuclear energy, coal has seen a resurgence in the European energy market.
It’s a trend that has been seen in the United States and Asia [...]
The Interior Department yesterday unveiled its proposal for expanding offshore oil and gas drilling, including a 2.9 million acre triangular area 50 miles or more off the coast of Virginia that could be leased by late 2011.
Members of Congress and environmental groups criticized the proposal, calling for increased energy efficiency and other measures to meet [...]
Energy Exploration Technologies Inc. announces that the Company is featured in NICKEL’S New Technology Magazine, April/May, 2007 issue, titled “Showing the Way - New Large Area Survey Technology Narrows The Search for Oil and Gas” and a related editorial. The article and editorial provide an overview of the SFD technology and discuss SFD Survey System [...]
Texas, as everyone knows, does everything big. Its giant oil and gas fields dominate America’s energy patch. It is now the nation’s largest wind power producer, with more than 2,000 turbines gathering some of the country’s strongest currents. It gets the booby prize for being the biggest producer of greenhouse gases.
And now Texas faces [...]
HOUSTON – Texas, as everyone knows, does everything big. Its giant oil and gas fields dominate America’s energy patch. It is now the nation’s largest wind producer, with more than 2,000 turbines gathering some of the country’s strongest currents. It gets the booby prize for being the biggest producer of greenhouse gases.
And now [...]
