Friday, November 6th, 2009
Shell has won a bid to explore the Orange Basin deepwater area near South Africa's west coast, the South African Petroleum Authorities have announced.
The exploration area is spread across 37,000km², ...
Thursday, April 30th, 2009
))))) The Organisation of Petroleum Exporting Countries (OPEC) has warned that the current crude oil price, which hovers around $50 per barrel is too low for continued investment.
The 12 member ...
Saturday, March 28th, 2009
-Oil prices fell below $54 a barrel in Asia Friday, retreating from a new high for the year, on concerns about the sustainability of recent gains. Benchmark crude for May ...
Thursday, March 19th, 2009
World oil prices retreated in Asian trade Wednesday after topping a two-month high above 49 US dollars overnight on concerns over weak global energy demand amid the economic
downturn, analysts said. ...
Tuesday, March 10th, 2009
Chevron is set to unveil a new heavy-oil extraction method in areas near Saudi Arabia and Kuwait to access previously unrecoverable reserves.
Financial Times reports that supermajor Chevron's new method will ...
Friday, April 4th, 2008
Most Active Exploration Companies to Attend
HOUSTON--(BUSINESS WIRE)--Hyperdynamics Corporation (AMEX:HDY) announced today that Mr. Jim Spear, Executive Vice President of Exploration and Production is traveling to London together with the ...
