Friday, August 31, 2012

Top Holes - Learn more about drilling the top portion of a Chukchi Sea e...


Wells, like houses, begin with a foundation. In the Arctic, the foundational well -- also called a top hole - starts with a 20-by-40 foot area excavated into the seafloor called the mud-line cellar. This hole is an insurance measure to protect the blowout preventer (BOP) from the risk of damage by any large, unseasonal ice floes. During the majority of the season, the wells Shell plans to drill are in ice-free waters. However, right at the end of the season, ice will begin to re-form near the prospects and the mud-line cellar provides an extra level of protection against any ice floes that could reach to the sea floor.

Learn more about Shell in Alaska at www.shell.us/alaska.

Thursday, August 30, 2012

Financing Solar Power Projects with Jeannot Boussougouth


What are the intricacies, pitfalls and opportunities with financing renewable energy projects such as Solar Power in Africa?

Wednesday, August 29, 2012

UK PLC's Access to Oil and Gas Infrastructure (August 2012)


What are the broad issues; especially pertaining to the role of the UK Government in ensuring access to oil and gas infrastructure for the North Sea/ UKCS?

UK PLC's Access to Oil and Gas Infrastructure: Jonathan Roger, Centrica Energy


5 to 11 billion possible, probable barrels of oil equivalent is the prize in the North Sea. How do we maximize existing infrastructure before production decline and rising costs?

UK PLC's Access to Oil and Gas Infrastructure: Nigel Wooley, BP


What are the technical, commercial challenges as well as intricacies of the access negotiation process?

UK PLC's Access to Oil and Gas Infrastructure: Mark Hughes, RWE Dea UK


What is the future of asset integrity and resources in the North Sea Basin?

Tackling climate change: Carbon capture and storage


CCS is a proven technology that could help mitigate climate change, but at a steep cost. A new test facility in Norway is working to make it financially viable. How long will this take? It currently costs more to let the carbon into the air than into the ground. 
More important, will this (and many others like it) significantly halt climate change?

AUSTRALIA: Carbon Floor Price versus Federal Budget


Does it make sense to scrap the carbon floor price and link to the European model? How does this impact the Federal Budget?

Australia's Coal Gate: Undermining Mining rights?


South Asia correspondent Michael Edwards speaks to Professor Arun Kumar from Jawaharlal University about an auditors report, which found that Prime Minister Manmohan Singh's government cost taxpayers billions of dollars in revenue by selling coal mining rights at a fraction of their market value.
What are the implications of selling any sort of resource mining rights sub-par value? Let us discuss

UK PLC's Access to Oil and Gas Infrastructure: Oonagh Werngren, GDF SUEZ


Access to Oil & Gas Infrastructure is a huge challenge to maximizing the resources from the North Sea and UK PLC has a plan to do so. What are the challenges and implications?

Tuesday, August 28, 2012

TOP NEWS PICK : AUGUST 28, 2012


Developments in International Oil & Gas | Energy | Extractive Industries

CLICK ON THE LINKS FOR FULL STORIES

Chevron hits new Brazil legal setback 
A Brazilian appeals panel on Tuesday declined to overturn a lower court order barring Chevron and Transocean from operating in the country in the wake of an oil spill last year | Upstream Online

NNPC, South African investors pledge to rehabilitate petroleum infrastructure 
28 August 2018, Sweetcrude, Abuja -Sequel to the visit by the South African High Commissioner, Kingsley Mamabolo last week seeking for economic ties with the Nigerian National Petroleum Corporation, NNPC, in the oil and gas sector, a business delegation from the Country has expressed its readiness to collaborate with the Corporation to bring on board cutting edge technology to help rehabilitate the oil and gas pipelines in the country | SweetCrude 

Orient refinery ready in 12 months 
28 August 2012, Sweetcrude, AWKA – THE management of Orient Petroleum Resources Plc, OPR, said on Monday that its refinery, which would be sited at Nsugbe-Umuleri in Anambra State, would to be completed in the next 12 months | SweetCrude

Manitoba pledges to work with existing

Chevron Finance M.B.A. Program Develops Talent


Ok, so how does one get in- you might ask? 
Meet a few of the people in Chevron's Finance M.B.A. Development Program. This two-year rotational leadership program offers select graduates from top-tier business schools the opportunity to springboard their careers with internships, international rotations and other practical and relevant work experience.

Sunday, August 26, 2012

Mitt Romney Energy Plan Robs Taxpayers?


"After raising nearly $10 million in Texas oil money in two days, Mitt Romney announces an energy plan on the Texas-New Mexico border later today that includes billions of dollars in giveaways to industry contributors. Romney will call for extensive expansion of oil and gas drilling -- including along the coasts of Virginia and the Carolinas -- and eliminating most federal safety and environmental standards that govern the development of energy resources on our public lands...".* The Young Turks host Cenk Uygur breaks it down.

Do you agree with this assessment? What are the strengths and weaknesses in the Romney Energy plan for the U.S.?

AUSTRALIA: Mining investment worth 30 billion dollars shelved


New doubts are being cast over the lifeline of the Australian economy. After BHP Billiton's decision to shelve 30 billion dollars worth of investment at South Australia's Olympic dam the Resources Minister has declared the mining boom "over".
Is the mining boom really over?

Venezuela Amuay refinery inferno as deadly blast hits plant (Video)


This past week we focused on Oil and Gas facility security and protection. This is one example of what could happen when systems fail. What caused this though?

Thursday, August 23, 2012

Mining boom has 'a long way to run': Wong


Finance Minister Penny Wong has poured cold water on Resources Minister Martin Ferguson's claim that the mining boom is 'over'.
Resource revenues, when utilized to maximum economic benefit to the host country, can create less 'worry' about depletion of the 'resource'. 
Has Australia applied its resource revenues appropriately; if so then why  the worry?

Much ado about fuel susidy FG vs NUPENG/Oil Marketers


How much economic benefit will a strike by the National Union of Petroleum and Natural Gas workers in Nigeria achieve for the nation's petroleum industry? How much should be put on the line; who is right and who is wrong on the subsidy fraud matter and the industry regulation in Nigeria?

Wednesday, August 22, 2012

Global Implications of the US Oil and Gas Renaisssance


Maria van der Hoeven presents recommendations from the International Energy Agency for the responsible regulation of unconventional gas drilling and light-tight oil production.

What scenarios will favour your business and community?

Community Shared Solar


An overview of the concept behind The Solarize Guidebook, which offers neighborhoods a plan for getting volume discounts when making group purchases of rooftop solar energy systems.

With significant chunks of neighborhoods and communities off the grid in developing nations, could community-shared solar be a sustainable option?

Tuesday, August 21, 2012

Earth 2050 - The Battle for our Energy Future




By the year 2050, the world's population will reach nine billion. The demand on the world's resources - energy, first and foremost - will be severe. But the road from now to then doesn't need be bleak. There is a path to a future filled with opportunities, with amazing individuals and extraordinary projects leading the way.

How will we adapt by 2050? Will we win the battle to fuel our future?

World must act to stall climate change: Flannery


Crying wolf or pro-active stance?

AUSTRALIA: Yes to action, no to carbon tax


Opposition climate change spokesman Greg Hunt says that while the issue of climate change must be addressed, a carbon tax is not the solution. Is Australia's carbon tax too expensive?

Monday, August 20, 2012

A Day in the Life of a Chevron Intern


Two very separate worlds: Applying and Getting in !!!! Know?

James Hansen on climate change




Hot summers, wildfires and drought are anomalies no longer. They are the visible products of climate change, and more can be expected. One solution may appeal to conservatives

Mining clash blow for platinum industry


What is the impact of this Mining clash on the Platinum Industry? With 80% of global platinum production how does the industry move forward from this?

Sunday, August 19, 2012

Clean Energy in Our Community: University of Minnesota Morris


The second in a new Energy.gov video series about local clean energy projects is University of Minnesota Morris and their partnership with the town of Morris, Minnesota.
How much of a catalyst for clean energy is your local University Community?

WHERE IS THE WORK: Oil and Gas Industry


With a value chain 'pyramid' of Operators, Drilling Contractors, Service & Supply companies in the Oil and Gas industry it is 'not easy but not impossible' to get work and contracts in this industry? Where are the opportunities, where is the work- service and supply?

Friday, August 17, 2012

SHALE: Lessons from the Alberta Oil Sands


Shale Oil & Gas projects have similar project information management challenges to those of Oil Sands Steam Assisted Gravity Drainage (SAGD) projects. Both face environments of evolving technology, constant change and significant 
regulatory oversight. Dawn Fiander-McCann, Industry Consultant at Coreworx Inc., highlights five lessons learned from the Alberta Oil Sands and how they can be applied to current Shale Oil & Gas projects .

Download a copy of the "Effective Project Information Control in Unconventional Oil & Gas Projects" white paper from - http://bit.ly/HSeEmp

Thursday, August 16, 2012

Lightning and Petroleum Storage Tanks


How do you protect your Petroleum Storage Tanks from lightning: tank fires and attendant cost implications? Lightning and Petroleum Storage Tanks: Presented by Joe Lanzoni, V.P. of Operations at Lightning Eliminators - reviews lightning protection specifically for Storage Tanks

Mitigating Oil and Gas Lightning Threats


How do you protect your Oil and Gas facilities from lightning impact? The Lightning Threat: Oil and Gas: Presented by Peter Carpenter, Director of Applied Engineering at Lightning Eliminators - covers the threat of lightning and the basic principles of protecting against lighting strikes for the Oil and Gas industry at large

RGU International Case Study - MSc Oil and Gas Accounting


Want to beef up your Oil and Gas Accounting skills? A student form Ghana makes the case. Now, here is some unusual bit of bias. She says RGU comes "TOP" on all her searches on Oil & Gas; I find that surprising as I think that : http://www.dundee.ac.uk/cepmlp/ is one of the strongest global destinations for Oil & Gas training. You won't find Oil and Gas Accounting there though....so maybe she has a point :)

NIGERIA :Expect increased power supply


The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has announced major milestones in the Gas Supply Emergency Plan which has helped power generation to reach an unprecedented 4,200MW.

Does Global Warming mean the world gets hotter every year?


In 2011 temperatures around the globe were slightly cooler on average than in the two years before. Does that mean Global Warming has somehow ended? Or that it has never even existed? Global Ideas Climate Expert Anders Levermann (http://www.pik-potsdam.de/~anders/) explains why a cooler year does not contradict the reality of Global Warming.

Anadarko Receives COGCC Environment and Community Relations Award


Can Energy, Oil & Gas production be achieved responsibly? Take a leaf :During the 24th Annual Energy Epicenter Conference, Anadarko Petroleum Corporation (NYSE: APC) received the COGCC Environment and Community Relations Award for its continuing efforts to safely and responsibly produce the energy resources vital to life in a way that safeguards communities and the natural environment. The award was presented by Colorado Oil and Gas Conservation Commission (COGCC) Director Matthew LePore. The COGCC is the state regulatory agency that oversees oil and natural gas production in Colorado. Anadarko is committed to operating with a focus on the protection of Colorado's unique and beautiful natural resources.

Understanding your energy bill -- Cash/Cheque customers - British Gas


Do you understand your UK Energy Bill?

Tuesday, August 14, 2012

Obama: Wind Energy Tax Credit Supports Jobs


President Barack Obama highlighted his support for tax credits for wind energy manufacturers in Colorado and other states. Obama says 37,000 jobs are at risk if the credit is allowed to expire at the end of the year.
Beyond the politics, is there a compelling case for tax credits for wind energy manfacturers?

TOP NEWS PICK : AUGUST 14, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

CLICK ON THE LINKS FOR FULL STORIES

Oil Spill Detected near Exxon Operations in Nigeria 
EKET, Nigeria - An oil spill has been detected along the coast of southern Nigeria near operations for U.S. giant Exxon Mobil Corp., the company said Monday, but the cause and size of the leak remained unclear | Rigzone

Iran tensions push up oil price 
Fears of supply crunch and hopes of stimulus combine to send up price of barrel of crude | EINNews

OSX scores $900m FPSO job 
Petrobras has awarded a more than $900 million contract to OSX to convert two floating production units, with the option for a third | Upstream Online

Eon suffers weaker demand for

Weighing Pros and Cons of Increased Oil and Gas Production

Two years ago, the U.S imported two-thirds of its oil. Now, imports are less than half of U.S. oil needs. What are the pros and cons of this trend?

More energy, less CO2?


Demand for energy is growing incredibly fast. Meeting it while limiting CO2 emissions is a global challenge. But we can make choices now to help achieve this. One approach is to use more natural gas, the cleanest-burning fossil fuel, instead of coal. Another vital step is developing carbon capture and storage technology, which captures CO2 emissions emitted by power plants and industry and stores them safely underground. Out on the road, more efficient cars and low-carbon biofuels offer the most practical way to reduce vehicle emissions. Shell is working on all of these areas and using its expertise to help meet customer needs into the future. What part are you playing?

Sunday, August 12, 2012

Don't lose hope: 'The Mix' is on the way!

By Feso Bright

The are so many Energy, Oil & Gas and Extractive Industry Professionals who are not fulfilled today.What do I mean? You have probably taken time out from course of your career to attend a few Professional training programs, a Masters degree, an MBA related to the industries BUT you ask yourself- where is the return on my investment? How long will it take to get a payback? To what extent can I push the boundaries of 'hope', 'doggedness', 'self-belief', 'self-confidence', the expectation that your industry expertise and knowledge can and will count for something- today? John Maynard Keynes has said it: "...in the long run we are all dead"...so is there not the case for insisting on getting your return on investment today? Are you working as a retail banker or a litigation lawyer, an administrative clerk when you have energy, oil & gas, extractive industry certifications and qualifications? Do you feel you are unemployed but employed?

China slowdown to have limited impact on oil demand - IEA


What are the implications for the next few months: unpleasant economic surprises or geopolitical issues?

India's electricity shutdown: What happened...and why???


"A tenth of mankind" lost its electricity for a couple of days. Can we blame the level of demand, under-investment, skewed incentives, lackadaisical government, waste? 

Electricity the new petrol: Gillard


What are the fundamentals behind the Australia Electricity bill increases? Carbon taxes, Control of the Transmission companies, State Governments' treasuries?

Friday, August 10, 2012

Who is really afraid of Nigeria’s Petroleum Industry Bill

By Humphrey Onyeukwu

The Petroleum Industry Bill (PIB) is lauded to be the single most important legislation in Nigeria given our mono-economic set-up, however besotted with various mutations from the original intervention of the Oil and Gas Implementation Committee (OGIC) inaugurated by the Obasanjo administration in April 2000.

Several versions of the PIB materialized as an outcome and greatly skewed the many efforts in producing a bill that would fundamentally reform an industry lacking significant changes in administration and regulation. Discordant tunes emerged from the various stakeholders, each with self-confessed belief on how the reform agenda would have been carried out. The International Oil Companies, indigenous operators, international independents, regulators and even the minister alike, joined in a macabre dance of what a PIB should be and what it should not be.

Thursday, August 9, 2012

Nigerian Gas Revolution: Rebirth of Nigeria’s Industrialization.


By Ademola SOILE-BALOGUN
      
As a nation, we are continually striving to realize the fullness of the great potential in the vast human and natural resources, which Nigeria has been blessed with. One such major resources is our proven gas reserves base estimated at 187 trillion cubic feet and a further undiscovered potential of 600 trillion cubic feet”- President Goodluck E. Jonathan, Thursday , March 24, 2011.

With those words, the President of the Africa’s most populous and resourceful people signaled an unmistakable resolve to tap massively into a hitherto underexploited resource, Gas. Much of the nation’s “associated” gas reserves unarguably being “flared away” by the several multinational companies in the course of extracting and producing crude oil from the well-heads, with its attendant effects in the operating environments and surrounding communities.

Kenya: More Oil exploration


American firm Apache Corporation is set to begin its off shore oil exploration early next month, raising prospects of more oil discovery in Kenya. Apache which hired the off shore oil rig in April, will begin drilling at the Mbawa1 site 70 kilometers of the coast of Lamu.

Recent Oil discoveries are causing increased prospecting activity. Realistic prospects worth going gung-ho?

KPMG's Global Energy Institute


Useful?

US town focuses on alternative energy


The first commercial tidal energy project in North America is in its last test phase.

Turbines have been engineered a little way off the coast of Eastport Maine in such a way to ensure they always turn the same way, whether the tide is rolling in, or out.

The turbines power a generator, creating electricity. Cables carry it onshore and directly into the power grid.

Three years from now, they hope to power 1,200 homes. Is it time for communities to take to generating power on a smaller scale?

Kenya Power To Lower Costs


Fail to plan and you plan to fail, some say. Kenya is embarking on 42 power projects to keep its installed capacity ahead of local demand- while simultaneously cutting power costs. Way to go? How many developing nations are on a similar trajectory and how many are not: India vs Nigeria?

Recruitment Opportunities- GM Operations, Reservoir Manager, Piping Manager


 
*We seek to fill a role for our client operating as a marginal player in the Oil and Gas industry. Due to rapid expansions in their E&P operations, the following positions exist in their organization for urgent placement. 

Below is a summary for the 3 roles:

1. Job Title: GM, Operations
Experience: 20 - 30 years of relevant experience 

Education: B.sc / HND in Geophysics, Mechanical Engineering, Petrochemical or Mech. Eng.

REMUNERATION: Industry standards.


2. Job Title: Reservoir Manager

Experience: 18 - 25 years of relevant experience in reservoir engineering or management
Education: B.sc / HND in Geophysics, Mechanical Engineering, Petrochemical or Mech. Eng. A sound knowledge of Economics and Geology will be an edge
SKILLS: Proficiency in the use of OFM and PCM softwares
REMUNERATION: Industry standards.


3. Job Title: Project Manager, Piping

Wednesday, August 8, 2012

MITIGATING ENERGY POVERTY IN DEVELOPING COUNTRIES

By Daniel Adams

Many developing countries face many challenges in regards to increased energy access and affordability. Energy provides services to meet basic human needs in areas such as modern health care, education, the commercial and industrial sector.
There is a direct link between absence of adequate energy and many poverty indicators such as mortality, illiteracy and life expectancy. About 1.6 billion people living in developing countries lack access to adequate energy services. 80% of them live in the rural areas of Sub-Saharan Africa and South Asia. The use of cleaner energy forms e.g. renewables will help in mitigating energy poverty. Renewable energy has an important role to play in the global energy mix.

Falklands oil (bubbling up)


Given the geopolitical dynamics and risks (UK vs. Argentina) is this a viable investment destination for Petrodollars?

Nigerian Petroleum stocks- A rough year for petroleum marketers

Are fundamentals driving value on Nigerian Petroleum Stocks? What is the impact of the recent industry 'shake up' on downstream petroleum business? See below cut for continuation of videos

Chevron Briefs Media About Richmond Refinery Incident


Mark Ayers, Chevron Richmond's chief of emergency services, responded to media questions about the refinery incident.

COMMUTING BY AIR: Helicopter Safety


Safety Regulations, Flight Planning, Aircraft Maintenance and Technology are the most important considerations for the Oil & Gas Industry. But what are the day to day issues?


Tuesday, August 7, 2012

POWER PROJECT BANKABILITY IN GHANA: Roles and Requirements of Sponsors, Lenders and Government

By John Peter Amewu

WHAT ARE CRITICAL AREAS OF CONCERN?
Some of the key factors to success in financing a power project include; the availability of the resource, the establishment of power purchase agreement, the power plant technology, the credibility of the sponsor and the developer. This section deals with other areas of concern.

Reliability of the planned cash flow
Certainty of cash flow is both the availability of the expected revenue and the payment risk associated with the mode of payment. To reduce the level of payment risk, the contractual arrangement is structured to include off-taker agreement.  One of the critical concerns under the system is the reliability of the party for its performance under the payment obligation within the contract period. The off-taker agreement is often over a long term period ranging from 20 years and above. Evaluating the credit record of the off-taker is therefore key to the success of the agreement.[1]

Monday, August 6, 2012

Robot subs could help Shell make clearer images of undersea rock formations

Seismic surveys are the primary means by which geologists find possible places where oil or gas is hiding underground. They involve digitally processing recordings of seismic waves -- essentially sound waves -- to create images of rock layers. Small robots may soon execute these surveys for Shell in open water much quicker and cheaper than is done today.

Download the INSIDE ENERGY iPad app to explore a growing selection of interactive stories on innovation and the energy that powers our lives 

TOP NEWS PICK : AUGUST 06, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

CLICK ON THE LINKS FOR FULL STORIES

New ISO 26000 to stop oil spills in Niger-Delta 
THE Standard Organisation of Nigeria, SON, says the new ISO 26000 will stop oil spills in the Niger Delta region as it hinted of its plans to introduce guidelines for Corporate Social Responsibility, CSR | SweetCrude

Syria reaches oil deal with ally Russia 
Syria has reached an agreement with ally Russia to secure much-needed fuel as a delegation of ministers sent by President Bashar al-Assad asked Moscow to help alleviate the effects of sanctions on the war-torn country | OilandGasEurasia

Weapons maker Lockheed builds submarine for oil rigs 
(Reuters) - Lockheed Martin Corp is already the Pentagon's biggest supplier and the largest information technology provider for the U.S. federal government, but now it is turning its sights on a $1 billion niche market in the oil and gas industry | Reuters

Heritage Oil in $370m rights issue 
Heritage Oil has launched a $370m rights issue to help fund its move into Nigeria, as the London-listed explorer’s interim loss widened more than fivefold | Financial Times

Rosneft and ITERA Group close deal to create joint venture to produce and sell gas 
Rosneft and ITERA Group have closed a deal to create a joint venture on the basis of ITERA Oil and Gas Company to produce and sell gas in line with the terms of a strategic cooperation agreement signed on 28 February 2012. | Oil Voice

Nigeria, Jamaica to Resume Oil,

Morocco making renewable energy 'hay' while the sun shines


A pioneer renewable energy project -over 470mw- in Africa worth emulating. How are developing countries creating competitive advantage in renewable energy from their natural endowments? Worth considering...

Inside Story - Renewed ties for Sudan and South Sudan?


What is your take on this latest evolution of Sudan and South Sudan Geopolitics? Is there more to it than the $9 to $11 transit-pipeline solution?

100,000MW INDEED: India's energy deficit


India's Energy sector in focus. How does India reconcile its policy execution inconsistencies and the desire for much needed power?

Saturday, August 4, 2012

Sudan and South Sudan strike oil deal


South with Oil, North with Pipelines.....is this a game of "who blinks first?" or is there real economic rationale for moving forward?

400,000 BOPD: Oil theft on the rise in Nigeria


According to AlJazeera: "A sophisticated criminal network has stepped up its operations in Nigeria's Bayelsa State costing state and oil companies as much as a billion dollars per month. Royal Dutch, Shell Oil Company's Nigerian subsidiary, says that between 150,000 and 180,000 barrels of oil are stolen daily from its pipelines and wells. Government estimates are twice this amount. The trade in stolen oil involves international traders who provide oil at discounted prices to refineries in other parts of the world. And as Al Jazeera's Mohammed Adow exclusively reports from Bayelsa State, the impact of oil theft on the environment is devastating."

This video is evidence that some elements of the Niger Delta people are CONTRIBUTING SIGNIFICANTLY to the level of Oil Spills and environmental degradation. They turn round and point the accusing fingers at Shell (the usual suspect) and other IOC's operating in their communities. Worse still is the fact that 400,000 barrels of oil per day (according to the Nigerian Government estimates) are "STOLEN" from the nation. To put this in perspective, this is four times the daily output of neighbouring Ghana. How then is it possible to steal "SOVEREIGN AMOUNTS" of oil from Africa's most populous nation that possesses a Navy, an Army and Airforce? That is a question worth $14.4billion annually (value of oil stolen yearly).

Japan calls for energy saving


Energy Savings systems are the 'in-thing' in Japan while the country debates its post-fukushima energy policy.
Way to go?

Nigerian oil spill haunts locals four years on


Al Jazeera's Mohammed Adow reports from the town of Bodo on how in 2008, a spill caused by a fault in a Shell pipeline resulted in tens of thousands of barrels of oil polluting the Nigerian delta. 

While Shell has already admitted the environmental damage is their fault, four years on the oil still floats on Bodo's waters. Local human rights groups say it is killing and contaminating plants and wildlife in one of Africa's most bio-diverse regions.

How to move forward with the clean up? I personally think the Niger Delta has the potential to be Africa's Monaco. How does this region transcend the Oil curse and fulfil its topographical promise?

Friday, August 3, 2012

TOP NEWS PICK : AUGUST 03, 2012

Developments in International Oil & Gas | Energy | Extractive Industries

CLICK ON THE LINKS FOR FULL STORIES

Carbon Trust Backs UK Fuel Cell Pioneers with £1.95 Million 
The UK government-backed Carbon Trust is to invest a further £1.95 million in a bid to reduce the cost of fuel cell technology | FuelCellToday

Tanzania: Ophir Strikes Again Offshore Tanzania 
Ophir Energy plc announced that the Papa-1 well has made the first Cretaceous gas discovery outboard of the Rufiji Delta in Block 3, offshore Tanzania and is the sixth consecutive discovery by Ophir offshore Tanzania | Rigzone

Ghana: Oil and Gas Capacity Development Project- Expression of Interest
The Government of the Republic of Ghana has received financing from the World Bank toward the cost of the Oil and Gas Capacity Project (OGCBP) | ReportOilandGas

Nigeria, Trinidad & Tobago seek closer energy ties 
 03 August 2012, Sweetcrude, HOUSTON - THE need for development of closer ties in the area of energy was high on the agenda during bilateral discussions between Nigeria’s President Goodluck and Prime Minister of the Republic of Trinidad and Tobago, Kamla Persad-Bissessar, in Port au Prince | SweetCrude

 OPEC daily basket price close at

Peter Voser, CEO of Shell, comments on the Q2 2012 results


What is your take on  the Half-year Shell Results?

Thursday, August 2, 2012

US gas price on rise


Largest gas price rise since 2009 in the U.S. Will prices get kinder in August?

Wednesday, August 1, 2012