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Shell Submits Application to Drill in Beaufort Sea

Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has submitted an Application for a Permit to Drill one exploration well in the Beaufort Sea in 2011.

6 Oct 2010

TAG Oil Makes New Oil Discovery in New Zealand

TAG Oil Ltd. (TSX-V: TAO) reports a new oil discovery in New Zealand's Taranaki Basin with the Sidewinder-1 exploration well, located within TAG's 100%-controlled, 7,910 acre, Broadside exploration permit PEP 38748.

3 Oct 2010

Cuba Looks for Oil off Florida Coast

Cuba is now looking to drill for oil just a few miles off the coast of Florida, USA.

1 Oct 2010

Abraxas Petroleum Provides Operational Update

Abraxas Petroleum Corporation (NASDAQ:AXAS) today provided an operational update. Abraxas is a San Antonio based crude oil and natural gas exploration and production company with operations across the Rocky Mountain, Mid-Continent, Permian Basin and Gulf Coast regions of the United States and in the province of Alberta, Canada.

1 Oct 2010

Shell Has No Plans to Buy Woodside Petroleum

Ann Pickard the new chairwoman of Shell Australia said that Shell had no plans to buy Woodside Petroleum. Shell already owns a 34 % stake in the company and has failed with a takeover bid for the Perth based oil and gas company in 2001.

8 Sep 2010

Mali Looks to Attract More Mining Investment with New Mining Code

The Mali government is hoping to attract new investments in the mining industry with its new mining code.

2 Sep 2010

Study Shows Mining of Oil Sands is Polluting Canada

A new study published in the journal, Proceedigs of the National Academy of Sciences, confirms fears that Native Canadians have held for some time relating to the mining of oil sands in Alberta.

31 Aug 2010

Rethink Alberta Discourages Alberta Tourism over Tar Sands

The anti tar (oil) sand group Rethink Alberta is now campaigning to discourage tourists from visiting the province.

19 Aug 2010

Woodside Petroleum Delays Decision on Pluto LNG Project

Woodside Petroleum (ASX:WPL), the Australian petroleum exploration and production company, has delayed its decision on the proposed expansion of the Pluto LNG project despite announcing a half yearly profit of nearly $1 billion.

From Woodside Petroleum Ltd. 19 Aug 2010