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Licensing problems stall oil, gas projects

10 hours ago ago from Indonesian Stock Market

The development of at least 16 oil and gas blocks owned by state oil and gas firm Pertamina has been delayed due to the company’s failure to obtain recommendation from the environmental office, a read more

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Drumbeat: February 9, 2010

4 hours ago ago from Commodities Options | Commodities Futures | Commodities Prices

UK gas rises as suspected field faults hit gas supply: sources A gas shortage caused by several suspected faults affecting UK North Sea gas fields lifted prompt gas prices toward 40 pence/therm, traders said. The Britannia gas field in the North Sea was said to have tripped after flows into Mobil's St Fergus terminal halved to 12 million cubic meters/day although that was not confirmed. The sharp decline started at around 09:00 GMT, ...

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17 companies contracted to look for oil in Belize

23 hours ago ago from Ambergris Daily

Most of Belize’s 8,867 square miles of territory and much of the waters offshore have been parceled out in petroleum contracts (concessions) to 17 different companies with a range of foreign shareholders from as close as the USA and as far off as Taiwan. Belize Natural Energy (BNE) has one of those 17 contracts, and it remains the only company producing and exporting oil from Belize, since it struck oil in mid-2005. BNE is owned ...

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What Is The Process For Drilling & Extracting Oil And Natural Gas

1 hour, 9 minutes ago ago from Passport2Riches: The Money Mentor

Oil and natural gas drilling are generally thought of as one process but can be two distinctive things. When a business is drilling for natural gas, they may hit on crude oil. Crude oil is refined to make gasoline, whereas natural gas is used for a variety of different purposes. Companies that are oil drilling are looking for one type of natural resource for fuel as well as other purposes. When investing in drilling, it is helpful for ...

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Eurasia Capital is initiating coverage of Tethys Petroleum with a BUY rating, 12-month target price C$2.00 per share. | Eurasia Capital

4 hours ago ago from Eurasia Capital | Accessing Frontier Markets in Eurasia

ECM Log in Register Home Company Services Research CAREERS news Contacts Home Eurasia Capital is initiating coverage of Tethys Petroleum with a BUY rating, 12-month target price C$2.00 per share. Date: 7 Feb 2010 Tethys Petroleum Limited (TPL), a Toronto listed company, offers unique exposure to large-scale oil and gas resources in ...

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