Arctic Oil Exploration Gains Momentum
The challenging Beaufort Sea has been gaining attention from oil and gas producers and explorers looking to make a mega-play discover that makes billion-dollar drilling programs worthwhile.
Articles Tagged "oil exploration"
Kenya and Japan to Survey for Oil
Reuters reported that the National Oil Corporation of Kenya and Japan Oil, Gas and Metals National Corporation have signed an agreement to evaluate Kenya's onshore petroleum reserves.
Kulczyk Oil Ventures Inc.: Ukraine- Olgovskoye-14 Well Encounters Gas
Kulczyk Oil Ventures Inc. (WAR:KOV) reports its well has encountered eight potential gas bearing reservoirs at total depth.
Zone Resources Significantly Increases Land Position in the Labrador Trough, Quebec
Zone Resources Inc. (CVE:ZNR) reports that it has significantly added a total of 22,900 hectares to its Labrador Trough Land package.
Crude Ends Down
Reuters reports that on Friday, U.S. crude oil futures plunged after Libya declared a ceasefire.
Oil Climbs as Libya Unrest Escalates
Bloomberg reports that crude oil surged the most in three weeks.
BP Says Contract With Libya State Oil Firm Still Valid
Reports that on Thursday, BP Plc's (NYSE:BP) contract with Libya's National Oil Corporation is still valid.
PGNiG Applies for Poland Shale Oil Licenses
Reuters reports that Poland's gas monopoly PGNiG (WAR:PGN) intends to apply for five licenses to explore potential unconventional shale oil resources in Poland.
Nuclear, Oil, Gas or Coal? Pick Your Energy Poison
USA Today analyzes the recent nuclear power plant disaster in Japan.
Crude Ends Down Almost 4 Percent on Japan Crisis
Reuters reports that on Tuesday, U.S. crude oil futures plunged approximately 4 percent.
