Monday, June 25, 2012

TOP NEWS PICK : JUNE 25, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

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Gas Heads to $3 a Gallon, Experts Say 
We've come through the first weekend of summer to find that the price of gasoline has dropped yet again, on the way to $3 a gallon — or less — by autumn | NCP

Qatar seeks $5bn Chinese investment quota 
Qatar’s sovereign wealth fund is seeking approval to invest up to $5bn in Chinese stocks and bonds, which would make it the biggest foreign investor in China’s capital markets | Financial Times

Nigerian Content now key condition for bid rounds, licenses, permits 
Sweetcrude, Yenagoa - A new partnership being forged by the Nigerian Content Development and Monitoring Board and the Department of Petroleum Resources will soon ensure that compliance with Nigerian Oil and Gas Industry Content Development (NOGIC) Act 2010 by operators and service companies will be a key condition for participating in bid rounds and securing licenses, permits and approvals in the industry | SweetCrude

Total enters partnership MoUs with Nigerian universities 
Sweetcrude, Abuja, Nigeria - Total has signed Memoranda of Understanding (MoUs) with three Universities namely the African University of Science & Technology (AUST), Abuja, the Lagos Business School (LBS) and the University of Port-Harcourt (UNIPORT). 

Japan, Russia Agree On Joint Oil Field Study In Siberia 
Japanese and Russian government-affiliated corporations have agreed to carry out a joint geological survey of oil reserves in eastern Siberia | Oil & Gas Eurasia

Bulgaria Optimistic about Finding Natural Gas in Black Sea 
Three energy giants have submitted bids for exploration and exploitation of natural gas in the so-called "Khan Asparuh" block in Bulgarian Black Sea waters | Oil & Gas Eurasia

Belarus Halts Oil Imports From Venezuela 
Belarusian First Deputy Prime Minister Vladimir Semashko said Belarus has stopped importing oil from Venezuela in June | Oil & Gas Eurasia

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