Duvernay Petroleum is to use the revolutionary Toe-to-Heel Air Injection (THAI™) system developed at the University of Bath at its site at Peace River in Alberta, Canada.

There has been a sudden rise in Tasmanian petrol prices. The RACT says it has received many calls and emails from members complaining about price rises of up to 18 cents a litre for unleaded fuel in the space of 24 hours in Hobart.

The chairman of the Australian Competition and Consumer Commission (ACCC) says a Queensland Government probe into petrol prices will not clash with a national inquiry.

As oil becomes scarce, the world needs new transportation fuels. As new fuel options develop we need means of assessing which are most effective at replacing petroleum. So far many scientists have used a measure called ‘net energy’.

A new petrol price war could soon occur in Hobart. United Petroleum is marketing two new fuel products, unleaded and premium unleaded petrol with ten percent ethanol added at its six sites in Hobart.

Exploration Drilling in OML137 Yields Two Discoveries in the Niger Delta.

CALGARY, Canada, June 4 /PRNewswire/ --

- Not for Release, Publication or Distribution in or Into The United States, Australia or Japan

- Step-Out Appraisal Well TT-06 Flows at an Aggregate Rate of 18,900 Barrels per day

Vangold Resources Enters Into Exclusive Petroleum Exploration Production Sharing Agreement in Armenia.

With taxes making up more than half of the selling price of petrol in India and one-third of diesel, a parliamentary panel has asked the government to reduce rates of duties and taxes on the two fuel.

The Mississippi River delta region is of huge economic importance to the nation. As a "working coast," much of the South's major industries - particularly seafood and petroleum - are largely dependent on the health of the delta and its surrounding areas. After the 2005 hurricane season, however, experts are voicing growing concerns over how the Mississippi Deltaic Plain, or MDP, is being treated.

A leading Mexican politician says the State Petroleum Company Pemex is in crisis and urgently needs to undergo radical change and modernization. James Blears in Mexico City reports for VOA.