The Senate rejects another two additions coal-to-liquid proposal bill by huge margin amid the growing concern of increasing global warning.
The bill, which proposed to liquefy the coal to meet with the scarcity of petroleum, got sarcasm from the..
Archive - June 2007
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British oil and gas company Tullow Oil has discovered 600 million barrels of oil off the Ghanaian coast, illustrating the growing importance of Africa in efforts to quench the world's thirst for energy.
Oil driller has earlier expected about 250..
Increasing budget for the future’s energy source ‘biofuels’ has spurred the din among the oil producer and looking for the measure to combat with the forthcoming problems. Oil producers have pulled out their plan to increase...
Iranian oil minister asserts that OPEC won't release more oil into the market ahead of its next policy meeting in September as markets have sufficient crude oil reserve, whereas Saudi Arabia decides to keep its shipment volumes steady.
Iranian...
The Russian oil giant Gazprom, discloses that company is near to increase its presence in Britain.
Gazprom didn’t reveal its partner’s name, but it is highly expecting that oil giant is in talk with British oil giant Centrica from long.
The whole world is battling with the mounting oil prices. Refineries profits are digging, automakers has experienced biggest slump. Rising oil prices has become biggest reason for slanting inflation, which has tattered many economies. National banks..
This Monday Dominion Resources Inc, the noted Gas and electric company said that it will sell all its U.S. onshore oil and gas exploration and production operations at $6.5 billion in two transactions.
Dominion’s operations in Michigan,...
In oil exploration and drilling, Vietnam is the latest partner of Cuba in the Gulf of Mexico. Recently, Chief of the communist party of Asian nation has visited and it was one of the various agreements that were signed.
On Friday, Defence...
Rising oil prices are continue to bother consumers as it is climbing up to new record daily. Galloping oil prices do not seems to recede. Oil prices have raised again a dollar a barrel higher mark amid concerns about supplies in the US.
In the...
Russian regulators have held the much debated and criticized decision on BP license row for the Kovykta gas field in East Siberia.
Licensing agency, Rosnedra, is looking into case whether TNK-BP's operations should be stopped but seeks two weeks..
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