Wednesday, January 5, 2011

TOP NEWS PICK : JANUARY 5, 2011



Petrobras Confirms Studying ENI Stake in Portugal's Galp 

Barclays: Oil will hit $100 per barrel this year 

Russia: China pipeline is good politics but not necessarily good business 


Lebanon asks U.N. to guard gas from Israeli drilling 



API-funded study quantifies benefits of access, harm of taxes 


Talisman sells off Llanos stakes 



First vessel to offload oil from Jubilee Fields arrives 



A strong rand has protected fuel prices but for how long? 



Entek finds gas pay 



Gorgon delays hit AJ Lucas 



Turkey saw increased smuggling in 2010 



Clough-Helix prime COOEC deal 



PetroChina keeps Daqing output steady 



Oil falls as dollar strengthens 



China's CNOOC plans up to $151 bln investment in 2011-15 



How to Play Oil's Switch to Gas 


Ghana’s Crude Oil Debuts in World market this week 


BHP restarts WA fields 



Oil, gas industry seeks shift in U.S. policies 



Hindustan finds more gas in Assam well 



Oil falls to near $88 despite US crude stocks drop 



Oil price is risk to economic recovery, says IEA 



Chevron in talks with Indian firms to sell African assets 


EnCore Oil reports Varadero oil discovery in UK Central North Sea 

Ecopetrol and Petrobras Add an Additional Partner for Exploration of the Tayrona Block 


EDF EN begins commercial operation of Canadian solar power facility 


Japan plans ‘Slicon Valley of fuel cells’ 

Petrofac Names Inglis CEO of Energy Developments Business 

Eni Deserts Barents Sea Duster 


Shell to face hearings on Nigeria work 



Crude May Fall to $80 After `Bearish Reversal Warnings,' Petromatrix Says 



PA Resources awarded German offshore licence 



SDRL - Seadrill acquires two semi-submersible ultra-deepwater rigs 


EnerMech wins first Turkmenistan contract 



Bangkok: Govt to subsidise diesel 



Dana Gas exceeds 2010 production targets in Egypt 



Lundin Petroleum completes exploration well in Norway 







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