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Total E&P to Renew Oil Exploration Deal

22 hours ago ago from A picture speaks a thousand words

Total would ask state oil and gas company Pertamina for a partnership.

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Palantir Strengthens Teams In Houston, Calgary, Singapore

13 hours ago ago from PetroComputing

Palantir Solutions, provider of oil and gas economics and planning software, announced several personnel appointments: Steven King will join the company’s Houston office to help introduce Palantir’s consultancy and software to North American independents – predominantly those with shale gas interests; Nickolai Pazin also joined the Houston office to focus on US regime fiscal modeling as well as applying his decision analysis experience to ...

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Oil, gas companies to hike new project spending: survey

20 hours ago ago from Macor Shipping

Global spending on oil and gas exploration and production will rise 11 percent to $439 billion in 2010, reversing a drop in pending in 2009 as energy prices climb, according to a survey conducted by analysts at Barclays Capital. The increase shown by the survey of 387 oil and gas producers follows the drop in spending of 15 percent in 2009 from the previous year, when oil prices reached a record high.The projected spending increases for North ...

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ALBERTA BUSINESSES SINGING AULD LANG SYNE TO 2009

13 hours ago ago from S.E. Calgary News

December 21, 2009 by SECN Troy Media By Todd Hirsch On New Year’s Eve, we tend to look back with fondness and emotion at the year that was.  But sometimes saying goodbye isn’t so bad! A lot of Alberta companies are bidding good riddance to 2009, the year that will go down in history as one of the sharpest economic contractions this province has seen.  But instead of anger or bitterness about the downturn, businesses throughout the ...

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OBAMA TILTS AT CHINESE WINDMILLS WITH GULF ARAB OIL

15 hours ago ago from The Race for Iran

About The Race for Iran Featured Posts IRAN AND OBAMA’S AFGHANISTAN ADVENTURE In a Politico op-ed, Hillary Mann Leverett offers a trenchant analysis of the policy framework for Afghanistan articulated by President Obama at West Point last week. Hope for Russian Support on Iran Sanctions Misses Russian and Chinese Red Lines Our bottom line judgment is that the Obama Administration will not get the Security Council to endorse anything close to ...

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Forest Oil closes sale of Permian Basin assets

8 hours ago ago from U.S. News

Forest Oil closes sale of Permian Basin assets DENVER (AP) -- Forest Oil Corp. said Monday it has completed the sale of oil and gas properties in the Permian Basin to SandRidge Energy Inc. for $800 million. The company also revised its 2009 oil and gas net sales volumes because the sale was completed earlier than anticipated. Denver-based Forest Oil is selling off noncore assets to focus on developing North American tight-gas and shale ...

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