Reflections:
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I have seen the future..
From my past..
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Saturday, April 30, 2011
Friday, April 29, 2011
TOP NEWS PICK : APRIL 29, 2011
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Nigeria Earns extra N20.66bn daily from Crude Oil
Crude oil prices hit a 30-month high of $125.46 on Thursday, further boosting
Total profits up despite Libya
France-based Total has seen its quarterly net income rise by 35% to €3.1 billion ($4.2 billion) as higher oil prices helped make up for production lost following unrest in Libya
Rosneft plans $11 bln in capex in 2011
OSCOW. April 29 (Interfax) - Rosneft (RTS: ROSN) plans capital expenditures totaling $11 billion in 2011, the company said in a presentation of its US GAAP financials for the first quarter of 2011. | Interfax
Australia
ORIGIN Energy's year-to-date production is 32 per cent higher than at the same time last year, while revenue has grown by 46 per cent. | WSJ
QI: Exxon Paid Almost $1M per Hour in Income Taxes and Its Effective Tax Rate Was 42.3%
ExxonMobil reported its first quarter 2011 earnings today, which came in at $10.65 billion, an increase of 69% from the same quarter last year when it earned $6.3 billion. | Bezinga
ExxonMobil reported its first quarter 2011 earnings today, which came in at $10.65 billion, an increase of 69% from the same quarter last year when it earned $6.3 billion. | Bezinga
Petrobras makes Albacora
Thursday, April 28, 2011
Oil and Gas for Dummies: Crude Oil VS Natural Gas
The Difference between Crude Oil and Natural Gas
Crude oil аnԁ natural gas аrе fossil fuels thаt аrе used fοr heating. Thеу аrе both formed frοm thе remains οf dead plants аnԁ animals. Both oils hаνе similar uses bυt mау differ іn thе effect аnԁ outcome οf thеіr υѕе.
Crude oil, οr petroleum, іѕ a flammable liquid thаt consists οf hydrocarbons аnԁ οthеr organic compounds found beneath thе earth through oil drilling. Natural gas consists mostly οf methane аnԁ hydrocarbons οr ethane.
TOP NEWS PICK : APRIL 28, 2011
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CNOOC Limited announces its results for the first quarter of 2011.During the period, the Company achieved a total net production of 85.2 million barrels of oil equivalent (BOE), representing an increase of 26.6% year-on-year (YoY). | Offshore Energy
According to Argentina
Mideast crude tanker rates slide to 2009 lows
Crude oil tanker earnings on the key Middle East route fell to their lowest in over 18 months on Tuesday as growing vessel supply weighed on rates. | Hellenic Shipping News
BP’s Gulf-related costs drop sharply
BP reported a significant drop in the costs related to last year’s devastating Gulf of Mexico oil disaster in the first quarter as the UK
Ghana
Oil rises as dollar
Wednesday, April 27, 2011
TOP NEWS PICK : APRIL 27, 2011
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‘No such thing’ as global market rate for natural gas'
“There’s no such thing as a global natural gas price,” said Prof. Brenda Shaffer, an expert on energy policy and management at the . “It’s not like oil – that’s an integrated global price.” | Jerusalem Post
Cruise operator sues over Macondo
Cruise operator Carnival has filed a lawsuit against supermajor BP and other companies seeking damages resulting from the Macondo spill, the biggest in US
Obama urges oil producers to increase output
President Barack Obama on Tuesday urged world oil producers to lift crude output, as he sought to deflect public anger over high gasoline prices that has hurt his popularity among voters. | Reuters
BP profits dip on Gulf of Mexico clean up costs
Profits at oil giant BP have fallen as the costs of the 2010 Deepwater Horizon blast continue to affect the firm. | BBC
France
France will miss its 2020 renewable energy target by over a third unless it cuts red tape and raises support to a sector that lags its European neighbors, a renewable energy sector group said on Tuesday. | Reuters
Public Lacks Skills To
Sunday, April 24, 2011
WEEKEND DIGEST-->>> 23-24 APRIL
The Weekly Digest brings you the highlights of 'The Mix: Oil and Water!' for the past week.
Catch up. Read your favourite Articles and Posts- again and again...and some more!!!
Friday, April 22, 2011
Thursday, April 21, 2011
A YEAR ON: BP gets it, BP is Changing!!!
The Lessons of the Deepwater Horizon
By Bob Dudley
A year ago [Wednesday, April 20], the Deepwater Horizon drilling rig exploded, killing 11 men and causing the largest offshore oil spill in U.S. history. At BP we regret that the accident happened and the impact it has had on the environment of the Gulf Coast and people living there.
From the start, we committed to pay all legitimate claims and work to restore the damage caused by the oil spill. We pledged to cooperate fully with all investigations into the cause of the accident. Finally, we said we would work to embed the lessons learned into the fabric of our organization and share those lessons with our industry colleagues and government regulators.
TOP NEWS PICK : APRIL 21, 2011
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BP has launched massive law suits against contractors Halliburton and Transocean as it looks to claw back damages resulting from the Macondo disaster in the Gulf of Mexico last year | Upstream Online
Western Chiefs told to invest 10% oil cash in education if granted
The Assistant General Superintendent of the Assemblies of God Church, Ghana, Rev. Dr. Paul Henry Dsane has called on traditional authorities in the Western Region to invest a significant portion of the 10% oil revenue in human resource development if their demand is granted | Myjoyonline
Eurasia paints rosy outlook
An “outstanding” year lies ahead for Eurasia Drilling as the Russian outfit forecasted surging onshore drilling volumes and increased demand for high-specification equipment | Upstream Online
Fossil fuel firms use
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