Innovative Technologies in Offshore Drilling
An overview of three technologies that have the potential to push the boundaries of offshore drilling in the near future.
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Tag Archive | "shell"
Giant Exxon Discovery Could Change Deepwater Gulf of Mexico Outlook
Monday, June 13, 2011
Oil companies are hoping this latest major find will provide further justification for speeding up the permit issuing process for deepwater drilling in the Gulf of Mexico.
China and Shell to Explore Canadian Oil Sands
Thursday, November 11, 2010
As China demonstrates its political clout at the G20 summit in Seoul, the country continues to make headlines in economic and energy news as the China National Petroleum Company (CNPC) has made an agreement with Shell to develop oil sands. CNPC, the parent of PetroChina, reported that its president, Jiang Jiemin and Royal Dutch Shell Plc (NYSE:RDS.B)CEO Peter Voser signed a memorandum of agreement in Beijing on "integrated co-operation" of oil and gas projects in Canada and coal bed methane development in China.
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China & Crude: Battling New Frontiers
Thursday, November 5, 2009
Flagging of its interest in the black gold this week, China National Oil Corporation secured its place in Iraq. Together with BP, it signed the first big oil deal. Why the sudden interest in oil?
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Nigeria’s crude oil exports faced fresh threat
Monday, April 13, 2009
Nigeria’s crude oil exports faced a fresh threat yesterday as a fire incident on the Shell-operated Bomu manifold has jeopardised the supply of over 170,000 barrels per day of crude oil to the Bonny Oil Terminal. For full story, click here
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430 million barrels of crude-oil lost in NNPC, Shell JV deal
Sunday, March 8, 2009
Owing to inefficiencies, funding constraints and shut-in of oil wells due to crisis in the Niger Delta, approximately 430 million barrels of crude oil have been lost by Nigeria in the NNPC, Shell Joint Venture deal. Shell’s African Executive Vice President, Ms. Ann Pickard, said: The inefficiencies in the sector that are blocking Nigeria from [...]
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Shell’s vulnerability to falling oil prices
Wednesday, February 11, 2009
Shell’s vulnerability to falling oil prices due to the high-cost nature of Canadian-tar-sands oil extraction was amply demonstrated late last year when the company deferred investment into the next stage of its vast Athabasca Oil Sands Project (AOSP) in Alberta. For full story, click here
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Oil Price Drops on Job Losses
Monday, February 9, 2009
The United States government statement that U.S. employers had slashed over a half million jobs in January, the highest yet in 35 years, lead to crude oil prices dropping just below $41 a barrel, way below the high of $147 a barrel last summer. There is a link between layoffs and the demand on oil, say analysts, as those laid off see no need for the daily commute, and buy less of petroleum products like toys and raincoats.
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Pemex likely to Award 1st Oil Exploration Contract by next year
Friday, November 14, 2008
Petroleos Mexicanos is likely to award the company’s first external oil production and exploration contract by the end of 2009, as it targets producers such as Exxon Mobil Corp, Shell Plc and Chevron Corp. For full story, click here
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BHP, Shell wants stake in Philippine oil project
Thursday, November 13, 2008
BHP Billiton and the Philippine unit of Royal Dutch Shell both eyes stake in in an oil and gas exploration project, which the government is selling. For full story, click here For Shell’s website, click here
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- Adira Energy Ltd. – Developing Energy Resources in Israel
- Primary Petroleum – Alberta Basin Bakken
- Simba Energy Inc. – Pursuing Oil and Gas Opportunities in West Africa
- Zone Resources Inc. – Developing the Girard Iron Property
Asides
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Monday, July 4, 2011