oil fields

Senator Applauds Baldwin Hills Oil Field Standards

Armen Hareyan — Thu, 26 Jun 2008 20:31:25 -0500

Senator Mark Ridley-Thomas Applauds Greater Baldwin Hills Alliance Oil Community Standards as “the Quintessence of Citizen Empowerment” for Development of Oil Field Community Standards.

Bakken Oil Formation Field Holds Massive Oil Reserves

Armen Hareyan — Wed, 02 Apr 2008 15:31:24 -0500

North Dakota's Bakken Formation Oil Field may hold ten times more oil than all U.S. oil fields together, according to censor.net.ua. If this is confirmed will Bakken Oil Formation make OPEC irrelevant?

Brazil discovers huge new oil reserves

Armen Hareyan — Fri, 09 Nov 2007 06:48:04 -0600

Brazil has discovered huge new petroleum reserves in its south that could turn the country into one of the biggest oil producers in the world, the government and its state-controlled oil company.

Experts Worry That World Oil Production May Soon Peak

Dinka — Thu, 18 Oct 2007 09:04:12 -0500

Energy experts from around the world have gathered in Houston for a three-day conference on the issue of peak oil, which involves predictions that world oil production will soon reach its peak and then go into decline. This could cause a global economic crisis since demand for energy is not expected to slow, but, in fact, is expanding rapidly.

Russia's Gazprom, LUKoil, Novatek bid for oil deposits in Libya

Dinka — Wed, 05 Sep 2007 11:53:01 -0500

Three Russian companies - Gazprom, Lukoil and Novatek - will participate in the fourth round of bidding for the right to operate oil fields in Libya, the National Oil Corporation (NOC) said Wednesday.

Nigeria: Addax Petroleum Announces Oil and Gas Discoveries Offshore

MichaelChima — Sat, 14 Jul 2007 04:16:17 -0500

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

BP Makes Fourteenth Oil Discovery in the Ultra-Deep Water Block 31 Angola

Anastvatz — Tue, 29 May 2007 07:43:12 -0500

On May 29th Sociedade Nacional de CombustÃƒÂveis de Angola (Sonangol) and BP Exploration (Angola) Limited announced that the 'Cordelia' oil discovery in ultra-deepwater Block 31, offshore Angola.

Russia to Develop Oil and Gas Fileds in Syria

Anastvatz — Mon, 14 May 2007 06:26:10 -0500

Russia and Syria are in talks on proposals for the development of oil and natural gas fields in Syria.

Petrochina Discovered Last Decade National Largest Oil Field

Anastvatz — Tue, 08 May 2007 07:00:12 -0500

China National Petroleum Corp. or PetroChina confirmed last week that oil and gas reserves at its newly discovered Jidong Nanpu oilfield in northeastern China's Bohai Bay stands at 1.02 billion tons.