Arctic Oil & Gas Corp. (351 million shares issued), a petroleum exploration company, is pleased to announce that the Company and partners have proposed $2.50 gasoline, 30% discounted natural gas and hundreds of millions of dollars in royalties to Santa Barbara County from a proposed, (40% AOAG equity) Santa Barbara OCS-State petroleum lease development project, [...]

Bald Eagle Energy Inc. announce that it has received positive feedback in a new third-party petroleum geologist’s report completed on May 12, 2008 by LAPP Resources Inc. Authored by LAPP President, David W. Lappi, the report assessed Bald Eagle’s six Alaskan North Slope leases totaling 18,418 acres stating a potential for up to 90 million [...]

Venezuelan President Hugo Chavez’s proposal for a South American organization of natural gas producers based on the oil-exporting cartel OPEC baffled analysts contemplating the announcement.
Chavez said on his radio talk show late Thursday that he had spoken to Argentine President Nestor Kirchner about the idea of forming “a kind of Organization of Gas Exporting and [...]

Vast petroleum reserves in the Arctic are a key source of world energy, but development must also protect the fragile cold-weather environment and curb greenhouse gases, Norway’s oil minister said Monday.
“If the U.S. Geological Survey is right, 25 percent of the world’s undiscovered petroleum reserves could be found in the Arctic. Thus, the Arctic region [...]

Rancher Energy Corp. announced the execution of an agreement with Anadarko Petroleum Corporation (”Anadarko”) to procure the supply of carbon dioxide (CO2) for the Company’s enhanced oil recovery (EOR) projects. Rancher Energy intends to use the CO2 in the Big Muddy, Cole Creek South, and South Glenrock B fields it plans to acquire in Wyoming’s [...]

Texas Independent Candidate for Governor Carole Keeton Strayhorn said Monday she will change the state’s permitting process in order to fight air pollution and announced her opposition to “dirty” coal-fired power plants that Gov. Rick Perry ordered fast-tracked through the permitting system.
“We first need to look to clean burning natural gas, wind energy, other renewables [...]

Independent gubernatorial candidate Carole Keeton Strayhorn objected to Republican Gov. Rick Perry’s plan to speed permits for 11 coal-fired plants and called today for stricter rules to fight pollution.
Strayhorn, the state comptroller, said she would order reviews of any permits issued for the plants and “slow the process to rewrite new rules that ensure clean [...]