Oil and Gas Exploration
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The rally in risk markets has left oil in the dust, a function of how growing U.S. energy supplies and fears about global demand are throwing cold water on crude prices.
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Solar Power maker Suntech Power was forced into bankruptcy after defaulting on a multi-million dollar bond payment. Gordon Johnson, Axiom Capital Management, weighs in.
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JERUSALEM, March 21- Five protesters scaled a landmark Jerusalem bridge on Thursday and hoisted a banner urging visiting U.S. A Greenpeace Israel official said the five climbers, two Israelis and three foreigners, scaled the bridge as part of the group's world-wide campaign to ensure the Arctic remains a nature reserve.
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Here are news stories, press reports and events to watch which may affect Poland's financial markets on Thursday. Poland's central bank will release minutes from its March meeting on Thursday.
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The world's largest energy consumer is producing more of its own supplies and importing less foreign oil, leading some to argue that a strategic stockpile is no longer viable.
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March 20- Niko Resources Ltd:. *Cikar-1 exploration well drilled to a depth of 14,431 feet and temporarily. *Cikar-1 exploration well encountered gas in the drilling of the deeper.
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RAVENNA, Italy, March 20- OPEC member Iraq's fifth licensing round for oil exploration will be held in the next few months and will come from 10 oil blocks, its oil minister said on Wednesday. Iraq, which has some of the world's largest oil reserves is pushing hard to develop the industry, shattered by years of war and instability.
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BEIRUT, March 20- Ninety-seven oil companies and more than 100 other firms have requested application documents in the pre-qualifying bid round for oil and gas exploration in Lebanon's offshore waters, an official at Lebanon's energy ministry said on Wednesday.
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RAVENNA, Italy, March 20- OPEC member Iraq said on Wednesday its fifth licensing round for oil exploration will be held in the next few months and will come from 10 oil blocks. "In the next few months there will be the fifth licensing round," Iraqi oil minister Abdulkareem Luaibi said at an industry conference in Italy.
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RAVENNA, Italy, March 20- OPEC member Iraq's fifth licensing round for oil exploration will be held in the next few months and will come from 10 oil blocks, its oil minister said on Wednesday. Iraq, which has some of the world's largest oil reserves, is pushing hard to develop the industry, shattered by years of war and instability.
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Sharing his "golden rules" to break America's dependence on foreign oil, with Boone Pickens, founder of BP Capital.
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Not everyone shared the same optimistic sentiments of safety that Iranian President felt after the deployment of a new warship into the Caspian Sea.
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NAIROBI, March 19- Kenya has mapped out eight new blocks for onshore and offshore oil and gas exploration, a top Energy Ministry official said on Tuesday, as foreign investors scramble for acreage in east Africa.
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Outside North America, the number of rigs actually drilling for oil and gas averaged 1,277 in January and February, the highest since 1983, and more than double the number operating in 1999, according to rig counts published by oil field services company Baker Hughes International on its website.
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Outside North America, the number of rigs actually drilling for oil and gas averaged 1,277 in January and February, the highest since 1983, and more than double the number operating in 1999, according to rig counts published by oil field services company Baker Hughes International on its website.
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*Statoil, BG to advise Tanzania on location in second quarter. OSLO, March 18- Statoil and Britain's BG Group plan a $10 billion East African liquefied natural gas terminal, well placed for exports to Asia, after the Norwegian company made a new find offshore Tanzania.
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*Statoil, BG to advise Tanzania on location in second quarter. OSLO, March 18- Statoil and Britain's BG Group plan a $10 billion East African liquefied natural gas terminal, well placed for exports to Asia, after the Norwegian company made a new find offshore Tanzania.
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March 18- FX Energy Inc:. FX Energy, Inc. today reported a successful drill stem test of the Company's Mieczewo-1K well. Located in Company's Fences concession in central Poland, this exploratory well flowed gas with no water in this first DST.
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OSLO, March 18- Norwegian energy firm Statoil. discovered 4-6 trillion cubic feet of gas offshore Tanzania, its third major discovery in the area, the firm said on Monday. Statoil operates the license with a 65 percent working interest with ExxonMobil holding the remaining 35% percent.
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LONDON, March 18- BG Group:. *Excellent results from jodari appraisal offshore tanzania. *Drill stem test on jodari-1 well flowed at rate of 70 million standard cubic.
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*Statoil, BG to advise Tanzania on location in second quarter. OSLO, March 18- Statoil and Britain's BG Group plan to build a $10 billion East African liquefied natural gas terminal well placed for exports to Asia, after the Norwegian company made a new find off the coast of Tanzania.