Petrotrin Has Discovered 48 Million Barrels of Crude Oil
Bloomberg reported that Petrotrin, Trinidad’s state-owned petroleum company, has discovered 48 million barrels of crude oil.
Archive for March, 2012
Trends in Prices of Gasoline and Natural Gas
NY Times analyzed the trends in prices of gasoline and natural gas.
Touchstone Exploration Files Consolidated Financial Statements for 2011
Touchstone Exploration Inc. (TSXV:TAB) announced filing of its consolidated financial statements for 2011.
Canacol Energy Completes Testing Tardigrado-1 Well
Canacol Energy Ltd. (TSX:CNE) reports that C&C Energia Ltd. has completed testing of the Tardigrado-1 well.
Candax Energy Reports 2011 Financial Results
Candax Energy Inc. (TSX:CAX) reported 2011 financial results.
Crude Oil Futures Rose and Oil Price Gained 4.2% in 2012 First Quarter
Reuters reported that crude oil futures rose and oil price gained 4.2% in 2012 first quarter.
Fidelity Acquires 9.42% of New World Oil and Gas
New World Oil and Gas Plc (LSE:NEW) reported that Fidelity Management Research Company has acquired 23,000,000 its ordinary shares, total holding of 9.42% of the issued share capital.
India 2012-2013 Crude Imports From Iran May Drop by 25%
Reuters reported that annual crude imports from Iran to India may drop almost by 25% in 2012-2013.
East West Petroleum Signs Production Sharing Contract
East West Petroleum Corp. (TSXV:EW) has entered into a Production Sharing Contract with the Directorate General of Hydrocarbons of India for Block AA-ONN-2010/2.
Riverdale Oil Announces 60% Increase in Total Revenues
Riverdale Oil and Gas Corporation (OTC Pink:RVDO) announced 60% increase in total revenues and a 70% increase in gross Profits for 2011.
