European oil companies Royal Dutch Shell PLC and Repsol YPF SA have signed a preliminary agreement with Iran’s state oil company on developing gas fields in the Persian Gulf, a Shell spokeswoman said Monday.
“We’ve signed an upstream service agreement as part of our work to assess the feasibility of the project” known as South Pars, [...]
The nation’s mining sector is on the threshold of a major expansion, as the 2nd International Mining Investment Conference and Exhibition on Nigeria (IMICON 2007) will take place from February 13 to 15 2007, at the Transcorp Hilton Hotel, Abuja.
The forum, described as the biggest annual mining event in the country, is being organised by [...]
Federal land managers will issue a long-awaited report today detailing how much of the country’s onshore oil and gas are available for drilling — data that could shape the debate over land-use restrictions on energy companies seeking access to prized reserves.
The report comes three years after a study commissioned by a 2000 energy bill found [...]
BACK in 1999, when she was the head of refining at Chevron, Patricia A. Woertz told a group of energy officials that it was time to stop mixing agricultural policy with fuels policy.
In that same speech, at a fuels conference in Washington, Ms. Woertz also publicly expressed worry about the unintended consequences of a federal [...]
Canada’s economy, the world’s eighth-largest, expanded 0.2 percent in July, the most in four months, led by mining, wholesaling and financial services.
The increase reported by Statistics Canada today in Ottawa compares with no growth in June and matches the median estimate in a Bloomberg News survey of 19 economists.
Today’s figures suggest the economy is rebounding [...]
Canadian stocks rose, led by energy producers including Suncor Energy Inc. as oil prices rallied above $77 a barrel this week. The Standard & Poor’s/TSX Composite Index headed for its highest close since May.
The market was also lifted by optimism the U.S. Federal Reserve will end two years of interest-rate increases today.
“With oil higher and [...]
