Novatek could start prospective drilling in Egypt in late 2009 and not in 2010 as previously scheduled, the head of Russia’s largest independent natural gas producer said. Leonid Mikhelson said: We said earlier that we had to start drilling in 2010. But if we receive seismic interpretation data soon enough, we could start drilling at [...]
Read the full article: "Novatek could move forward Egypt gas..."
Friday, January 30, 2009
State-owned oil and gas company, the Petroleum, Oil and Gas Corporation of South Africa (PetroSA), has begun appraisal of a previously discovered gas field of moderate size and has successfully intersected a targeted sweet spot off the southern coast of South Africa as part of its R5-billion drilling programme to drill the E-M West and [...]
Read the full article: "R5bn gas exploration programme begins gas..."
Friday, January 30, 2009
India’s largest oil exploration firm by revenue ONGC jumped 3.11%. For full story, click here
Read the full article: "ONGC jumped 3.11%"
Friday, January 30, 2009
Key index pivotals surged in afternoon trade, reversing early losses, led by oil & gas shares. For full story, click here
Read the full article: "Oil & gas stocks propel Sensex"
Thursday, January 29, 2009
Italian-focused gas producer Po Valley Energy Ltd has secured an expanded exploration footprint in its northern Italian province, as it prepares for its maiden production later this year. Po Valley’s chief executive Michael Masterman , said: Based on the positive results of our geological work, we aim to bring either Fondo Perino or Cembalina into [...]
Read the full article: "Po Valley expands Italy gas exploration"
Thursday, January 29, 2009
Brinx Resources is pleased to report that it has elected to participate in Ranken Energy’s 2008-3 drilling program. For full story, click here
Read the full article: "Brinx Resources Resumes Oil and Gas..."
Thursday, January 29, 2009
Oil and Natural Gas Corporation is expected to post a sharp decline in profit for the quarter ended December 2008 as falling crude prices and stagnant output offset gains from a projected drop in the company’s subsidy burden due to discounted crude oil sales to state-run refiners. For full story, click here
Read the full article: "Stocks to watch: ONGC"
Thursday, January 29, 2009
The country’s largest oil explorer ONGC has disappointed investors by reporting a 43% year-on-year drop in third-quarter net profit to Rs 2,475 crore — its lowest profit figure in the last 18 quarters. For full story, click here
Read the full article: "Subsidy weighs heavy on ONGC"
Tuesday, January 27, 2009
Galloway Energy Inc. wishes to advise that preparations are underway towards the implementation of the Company’s 2009 exploration and development program. For full story, click here
Read the full article: "Galloway Energy Defining Seismic Data on..."
Tuesday, January 27, 2009
Alaska lawmakers worried about sinking prices for natural gas were told to take the long view when considering the economics of a pipeline tapping North Slope gas reserves. For full story, click here
Read the full article: "Alaska pipeline advancing despite economy"
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Friday, January 30, 2009