The federal government’s controversial decision to allow oil and gas drilling off Virginia’s coast is reported to be delayed.
The press release is quoted as saying:
The federal government’s current five-year drilling plan, which was drawn up under the Bush administration, calls for leasing almost 3 million acres in a triangular area located about 50 miles off [...]
Read the full article: "US Govt’s plan to drill off Virginia..."
Tuesday, January 26, 2010
Vietnam’s current level of recoverable reserves of crude oil and gas are enough for another three decades of production.
Read the full article: "Vietnam oil reserves update"
Thursday, January 14, 2010
According to Wall Street News Alert’s “stocks to watch” are: Fidelis Energy Inc. (PINKSHEETS: FDEI), Exxon Mobil Corporation (NYSE: XOM), Apple Inc. (NASDAQ: AAPL) and Chesapeake Energy Corporation (NYSE: CHK).
Read the full article: "Breaking Market Alert"
Monday, January 11, 2010
Crude oil imports averaged more than 5 million barrels per day for a month for the first time in December, up by more than a fifth from November at 21.26 million tons, while the total for 2009 rose 13.9 percent to 203.4 million tons.
Read the full article: "China’s commodity imports soar in December"
Wednesday, January 6, 2010
Enbridge Energy Partners, L.P. (NYSE: EEP) reported that the Phase 6 expansion of its North Dakota crude oil system is complete and was placed into service Jan. 1.
Read the full article: "Enbridge Energy Partners update"
Tuesday, January 5, 2010
OnTuesday, it was reported that Japan’s Cosmo Oil Co Ltd (5007.T) plans to cut its crude oil processing volumes for January-March by 4.6 percent from the same period a year earlier.
Read the full article: "Cosmo Oil to cut volumes for Jan-Mar"
Monday, January 4, 2010
Russia has halted oil supplies to Belarussian refineries after failing to agree terms for 2010.
The news release is quoted as saying:
Deliveries to Belarus refineries were halted after talks broke down on New Year’s Eve, two traders from major Russian oil firms told Reuters. Transit flows to other parts of Europe have not so far been [...]
Read the full article: "Russia halts oil flows to Belarus refineries"
OilandGasInvestingNews.com maintains a focus on oil and gas exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
For upcoming oil and gas investing trade shows, see the following links: Oil Sands Technology Show,
The Oil and Gas Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Wednesday, January 27, 2010