
Gulfsands Petroleum plc provides operational update
Gulfsands Petroleum plc provides an update on the company's drilling and production operations in Syria.
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Gulfsands Petroleum plc provides an update on the company's drilling and production operations in Syria.

Deloitte, the business advisory firm, has produced its first ranking of UK upstream independent oil companies.

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.

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.

Wood Group has been awarded a three year operations and maintenance support services contract by Chevron North Sea Ltd (Chevron) for its Alba, Captain and Erskine fields.

Petrolifera Petroleum Ltd has made significant progress in the remediation programme at the La Pinta 1X well on its Sierra Nevada License in the Lower Magdalena Basin, onshore Colombia.

Recent news from the European downstream industry in Italy, Poland, Romania and Britain.

Peabody Energy has shipped the first coal to the new Newcastle Coal Infrastructure Group export terminal in Newcastle, Australia. The NCIG terminal is an important part of the miners plans to nearly double coal exports from Australia by 2014.

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.

The Obama administration has announced a massive loan guarantee to help build two new reactors.

ExxonMobil has announced that additions to its proved reserves in 2009 totalled 2 billion bbls of oil equivalent, replacing 133% of production.