Energy

First reported 2 hours ago - Updated 13 mins ago - 6 reports

Total Discovers Oil Offshore Ivory Coast

France's Total reported Thursday that its Saphir-1XB exploration well on Block CI-514, offshore Ivory Coast, has encountered hydrocarbons.Lying in 7,550 feet of water, Saphir-1XB is the first well drilled in the block. Drilled to a depth of 15,270 feet ... [Published Rigzone - 4 mins ago]
First reported 3 hours ago - Updated 13 mins ago - 13 reports

Shell in second Malaysian gas find

The Rosmari-1 well, located 84 miles (135 kilometres) and drilled to a total depth of 6,965 feet (2,123 metres), encountered more than 1,476 feet of gas column.More exploration drilling is planned, with the discovery a good sign of the gas potential in ... [Published Interactive Investor - 13 mins ago]
First reported 19 hours ago - Updated 16 mins ago - 4 reports

Azerbaijan exports 821,500,000 cubic meters of natural gas

:18GMT | 14:18 Local TimeIn the first quarter of 2014 Azerbaijan exported 2,398,400,000 cubic meters of natural gas and 597,853,400 cubic meters of gas condensate, according to control metering devices.In the reporting period, 821,595,700 cubic meters ... [Published News.Az - 16 mins ago]
Entities: Azerbaijan, Natural Gas
First reported 21 hours ago - Updated 17 mins ago - 7 reports

NEB Approves LNG Export License for Triton LNG

/CNW/ - The National Energy Board (NEB or Board) approved an application for a 25 year natural gas export licence from Triton LNG Limited Partnership to export liquefied natural gas ... ... [Published Big News Network - 17 mins ago]
First reported 20 hours ago - Updated 21 mins ago - 3 reports

Hydrocarbons to still dominate energy mix by 2040

Alternative energy sources; a Solarparabolic troughOil, gas and coal will still make up majority of the energy sources by 2040. The president and general manager of ExxonMobil Qatar, Bart Cahir said this at Carnegie Mellon University in Qatar as part ... [Published Arabian Oil And Gas - 21 mins ago]
First reported Apr 16 2014 - Updated 33 mins ago - 7 reports

Leviathan partners to supply natural gas to Cyprus

The Leviathan reservoir partners have submitted a bid to supply gas through a pipeline from the Israeli Eastern Mediterranean basin to Cyprus, they announced in a Tel Aviv Stock Exchange report on April 16, Jerusalem Post has said.Responding to a tender ... [Published Oil & Gas Eurasia - 33 mins ago]
First reported 23 hours ago - Updated 40 mins ago - 10 reports

Saipem to convert two FPSOs for Kaombo ultra-deepwater field development offshore Angola

Total has contracted Saipem to provide two FPSOs for the Kaombo project in block 32 offshore Angola. ... [Published Penn Energy - 11 hours ago]
Entities: Saipem SpA, Angola
First reported Apr 16 2014 - Updated 9 hours ago - 11 reports

NYMEX-U.S. oil firms towards $104 on Ukraine, though crude stocks up

TOKYO, April 17 (Reuters) - U.S. crude futures edged higher to trade just below $104 a barrel in early trade on Thursday, as rising geopolitical tensions over Russia's involvement in the crisis in Ukraine overshadowed a rise in U.S. oil inventories.F ... [Published CNBC - 9 hours ago]
First reported Apr 16 2014 - Updated 10 hours ago - 13 reports

Four Years after the BP Oil Spill

PANAMA CITY BEACH -- Despite Sunday being the 4 year anniversary, individuals and businesses are still seeking damages against BP, saying they were hurt financially by the spill.BP has just announced that after surveying nearly 4 and a half thousand miles ... [Published WJHG - 10 hours ago]
Entities: BP plc, Oil Spill, Chemical
First reported Apr 16 2014 - Updated 11 hours ago - 19 reports

BHP boosts iron ore output, lifts guidance

SYDNEY: Global mining giant BHP Billiton raised its fiscal year iron ore production outlook for a second time this year yesterday after seeing a better-than-expected jump in output for January-March.The world’s biggest mining company increased guidance ... [Published Qatar Peninsula - 11 hours ago]
First reported Apr 16 2014 - Updated 13 hours ago - 14 reports

US Oil Sands Inc. Announces Appointment of a New Director and Provides Details of its Upcoming AGM

Mark H. Brown P.Eng. to its Board of Directors, effective immediately.? Mr. Brown has over 30 years of experience in the energy and resource industries, 25 of which have been focused on the ... ... [Published Big News Network - 13 hours ago]
First reported Apr 15 2014 - Updated 23 hours ago - 14 reports

Germany’s RWE starts gas supplies to Ukraine via Poland

Germany’s RWE has started reverse gas supplies to Ukraine through Poland, the company’s release said, ITAR-TASS reported on April 15.Reverse supplies that started on April 15 are made through the territory of Poland. They will be made on the basis of ... [Published Oil & Gas Eurasia - 23 hours ago]
Entities: RWE AG, Poland, Ukraine, Germany

Quotes

"Drilled in an abrupt margin play, this first well is the first discovery in the San Pedro Basin, a frontier exploration area in Ivory Coast. Having confirmed the presence of a petroleum system containing light oil, we will next evaluate this very promising find and focus on its extension to the north and east."
"The new 2D seismic program is being designed to de-risk the Newgrange prospect at both prospective levels and should provide the critical data in order to advance this material prospect towards drilling."
"Negotiations about the gas price and a possible increase in gas exports is still underway" he said
"Rosmari-1 is a testament to our ability to successfully drill and build understanding of new geology within our existing exploration heartlands, adding value to our existing assets in Malaysia. We are expanding and rejuvenating heartlands across our exploration portfolio, including in Brunei, Australia and the Gulf of Mexico" Andy Brown, director at Shell Upstream International said in a statement

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German power rally vulnerable as fundamentals l... [Published Montel - 3 mins ago]
Total Discovers Oil Offshore Ivory Coast [Published Rigzone - 4 mins ago]
Gardline CGG Wins Asia Pacific Seismic Surve... [Published Rigzone - 4 mins ago]
Providence Offered Upgrade to its Newgrange ... [Published Rigzone - 4 mins ago]
Kuwaiti crude price up 75 cents to USD 104.11 pb [Published Kuwait News Agency - 4 mins ago]
India oil imports from Iran rise 43% in Q1 2014 [Published Iran Labour News Agency - 7 mins ago]
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NTR pockets $60m for Osage [Published Renewable Energy News Europe - 12 mins ago]
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Shell in second Malaysian gas find [Published Interactive Investor - 13 mins ago]
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