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A New Era? The Rush for Iraq’s Oil
14 hours ago ago from Uprooted Palestinians
Silver Lining Posted by realistic bird under Caricature , Politics | Tags: Politics , cartoon , Caricature , Iraq , oil , oil companies , crude reserves | by Umayyah Jiha-Al Rayah newspaper-Qatar By PATRICK COCKBURN, counter punch Iraq is set to become one of the world largest exporters of oil after international companies accepted low fees to develop the country’s vast crude reserves. Representatives of 44 oil companies ...
Related contentEnergy Security
17 hours ago ago from Slope Of Hope with Tim Knight
China’s completion of an historic natural gas pipeline with this week tightens the Asian behemoth’s grip on energy resources needed to fuel a burgeoning economy, a desire also forcing it on a quest for oil and gas wealth in other corners of the globe. China is not alone in this scramble for energy security. Hungry for oil and gas, world powers like Russiaand the United States are also relying on different strategies to grab resource ...
Related contentOil is the national security consideration that’s driving the conflicts in the Middle East
10 hours ago ago from Marketing Tools
Stock-PR Reporting FREE Daily Stock Alerts From Stock-PR.com ________________________________________ Oil is the national security consideration that’s driving the conflicts in the Middle East. Until the US refrains from its consideration of Oil as a security issue, America will be involved in global conflicts indefinitely, ergo the political mandate, America and the “War against terror” the 1000 ...
Related contentDrumbeat: December 15, 2009
16 hours ago ago from The Oil Drum - Discussions about Energy and Our Future
SMT Reports Geoscientists See Coming Increases in Oil Prices Approximately 50 percent of respondents predicted global peak oil supply to occur either between ten and twenty years from now, or beyond twenty years. The other 50 percent indicated that it had already occurred, or would occur within the next ten years. Chakrabarti commented that this data would serve as a principal "hot topic" for industry debates and forums in 2010. "The issue ...
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Cobalt International Energy IPO prices below range
3 hours ago ago from U.S. News
Cobalt International Energy IPO prices below range DENVER (AP) -- Cobalt International Energy Inc. hoped investors would contribute more than $1 billion to its search for oil miles beneath the ocean even though it has no proven reserves and it expects no revenue for at least another two years. But the Houston-based company fell short of its goal Tuesday evening, raising $850.5 million in its initial public offering as it priced 63 million ...
Related contentIn a wired world, news good and bad touched all
8 hours ago ago from U.S. News
In a wired world, news good and bad touched all From climate change, swine flu and economic meltdowns to terrorism and nuclear menace, the shocks, threats and surprises that befell humanity in 2009 were, more than ever, an experience globally shared. When sweeping anti-government protests became the biggest challenge to confront Iran's 30-year-old Islamic revolution, the regime tried to suppress the news but couldn't stop a video of a dying ...
Related contentOil States Int'l lands $460M lodging contract
8 hours ago ago from U.S. News
Oil States Int'l lands $460M lodging contract HOUSTON (AP) -- Oil field services company Oil States International Inc. said Tuesday that its subsidiary has received a contract worth $460 million from Imperial Oil Ltd. to provide lodging for workers during its development of the Kearl oil sands project. Under the three-year contract, PTI Group Inc. will expand its Wapasu Creek Lodge near Fort McMurray, Alberta. The expansion will provide ...
Related contentTNK-BP's Future Chief Plans to Increase Output
10 hours ago ago from Wall Street Journal
BY GREGORY L. WHITE MOSCOW TNK-BP Ltd. plans to keep expanding oil output even as the rest of the industry stagnates, thanks to a fat portfolio of new fields, said Maxim Barsky, who will run the venture. In his first interview with Western media since he was selected as chief executive, Mr. Barsky said TNK-BP has moved on since a bitter conflict between BP PLC and its Russian partners wracked the company last year. A planned public ...
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