Aminex spuds well at Shoats Creek in Louisiana
Aminex PLC has announced that the Olympia Minerals-1 well (OM-1) at Shoats Creek was spudded on 17 February 2010 using the Crown Drilling Rig No. 2.
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Aminex PLC has announced that the Olympia Minerals-1 well (OM-1) at Shoats Creek was spudded on 17 February 2010 using the Crown Drilling Rig No. 2.
Iran is seeking foreign investors and markets in a new drive to develop its natural gas reserves and establish itself as a major energy supplier.
Europe’s hydrocarbon industry now sits in a precarious position as to the future of its energy supply. Currently Europe is dependant on Middle Eastern and Russian supplies. However, Europe is predicted to become more heavily dependent on external supplies over the next decade.
Whilst the risk of a pirate attack on an LNG vessel transiting through the Gulf of Aden may have increased in the last few months, there are many measures that can be taken to guard against such attacks.
ExxonMobil has announced that additions to its proved reserves in 2009 totalled 2 billion bbls of oil equivalent, replacing 133% of production.
The Obama administration has announced a massive loan guarantee to help build two new reactors.
Novatek, the Russian gas producer plans to send LNG shipments to Asia from its fields on the Yamal peninsula in the Arctic via the Arctic Ocean.
Rio Tinto and Vale have announced their annual results for 2009. Rio Tinto experienced mixed results with revenues from Australia dropping, while US revenues increase. Vale’s coal business remains relatively small, but will continue to develop as production ramps up in Australia and Colombia and starts in Moatize.
A summary of two environmental issues within the oil industry.
There’s no doubt to me that the LNG sector today is moving into the mainstream of global energy supply - a clean and cost effective energy source that can compete on price and supply with other energy sources.
Eindhoven University of Technology, The Netherlands, is allocating €1 million to a High Potential Research Program aimed at achieving a deeper understanding of nuclear fusion.
Shale gas producers may soon be limited by federal regulation over their use of fracture drilling techniques to open up shale gas reserves.