Energy pipeline sector controversies, including the Keystone XL Pipeline and Enbridge-Enterprise Products projects that will move heavy crude from Canadian tar sands to the U.S. Gulf Coast, are in the news and on the minds of many in the energy industry, environmental groups and the public at large.
Extractive industries in the oil and gas sector represent a growing market opportunity for companies with new water treatment technologies such as ThermoEnergy, CEO Cary Bullock said in reaction to a recent article in Environmental Finance magazine.
Reportlinker.com has added a new market research report titled “Oil and Gas Pipelines Industry Outlook in South and Central America, 2012 – Details of Operating and Planned Crude Oil, Petroleum Products and Natural Gas Pipelines to 2015” to its catalogue.
At the 17th Asia Oil Week 2012 in Singapore, keynote speakers from across the globe and senior executives from government, autonomous and national oil companies will meet to discuss and negotiate deals related to Asia's emerging potential on important issues like government policies, upstream ventures, commercialization, acreage prospects, and risks and investments.
Prices of European power and natural gas declined in May, reports Platts, a leading global energy, petrochemicals and metals information provider.
With new bid rounds in Sri Lanka and Indonesia, open acreage in many countries, shale gas exploration in China and Australia and new possibilities for Oil Search's LNG project in Papua New Guinea, Asia's upstream oil and gas market is opening new frontiers, offering new business opportunities for the growing number of independents in Asia and expanding state oil companies.
Africa Hydrocarbons Inc. is pleased to announce that in connection with its previously announced public offering (the Offering) of common shares (Common Shares) of the Company, AHI and Canaccord Genuity Corp. (the Agent) have agreed to amend the terms of the Offering from up to 55,600,000 Common Shares, at a price of $0.18 per Common Share, to a minimum of 44,500,000 units (Units) of the Company and up to 55,600,000 Units, at a price of $0.18 per Unit, for aggregate gross proceeds of a minimum of $8,010,000 and up to $10,008,000.
Genome Alberta and the Public Policy Forum have released a joint policy paper titled Enhancing Energy Production and Environmental Outcomes through Genomics: The case for innovation, which outlines how the hydrocarbon energy sector in Canada can improve production and be more environmentally friendly through genomic research.
TAG Oil Ltd., is pleased to announce that the Company has entered into an agreement with Rawson Taranaki Limited and Zeanco (NZ) Ltd. to acquire three New Zealand exploration permits; Petroleum Exploration Permit 52589, Petroleum Exploration Permit 52676 and Petroleum Exploration Permit 53674.
Canadian crude oil production will more than double to 6.2 million barrels per day by 2030 from three million barrels per day in 2011, according to CAPP's 2012 Crude Oil Forecast, Markets and Pipelines Outlook.
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