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.
CNOOC Limited announced today that the Company received a report from ConocoPhillips China Inc. ("COPC"), the Operator of Penglai 19-3 oilfield, stating that a small amount of oil leaked to the sea when the safety device of a hose coupling automatically parted due to the abnormality during the oil transfer under fluid discharge and depressurization operation late night on June 3, 2012.
The Technology Center set up by Clariant Oil Services, a global leader in the provision of customized specialty chemicals and related services for the oil and gas industry worldwide, will reinforce the company's activities aimed at generating the research and development of solutions to help the sector overcome the countless challenges of new exploratory frontiers in deep waters.
Brazilian Gold Corporation is pleased to report the results of the first NI43-101 compliant mineral resource estimate on the Jau target (Surubim group) in the Tapajos region of northern Brazil. Brazilian Gold discovered gold mineralization at the Jau target in the first quarter of 2011.
With temperatures rising, millions of Americans will hit the highway for road trips and family fun. As the summer driving season kicks into high gear, Americans are embracing higher blends of ethanol in gasoline as a proven cost-effective solution to save dollars at the pump.
Alpha Natural Resources (NYSE: ANR), a leading U.S. coal producer, today introduced Ginny, the first canine specifically trained to perform search and rescue in both underground and surface structures typically found at mining operations, as part of the company's signature safety process, Running Right.
America now has a major new source of energy that could rival the contribution made to the economy by natural gas, coal, and nuclear power, according to a report released today by the American Council for an Energy-Efficient Economy (ACEEE), which concludes that up to about a quarter (22 percent) of current U.S. energy consumption could be replaced by what experts are calling "intelligent efficiency."
Two companies next to Oraco Resources, Inc.'s 50 square kilometer concessions in Nimini Hills, have reported significant findings which demonstrate a tremendous potential in Nimini Hills.
Kaminak Gold has recently declared the outcome for 24 diamond core drill holes and 39 reverse circulation drill holes from the Yukon Territory’s Coffee Gold Project.
By G.P. Thomas
5 Jun 2012
Atico Mining declared that the Colombia-based 8,361 ha El Roble property is now being drilled, following recent initiation.
By Kalwinder Kaur
5 Jun 2012
Padang Resources, formerly known as Palace Resources, has declared that the resistivity survey at the Paser Project, which is located in East Kalimantan, has been completed. Several coal samples were obtained by the field team for quality analysis, based on the outcome of the geological mapping performed on the Paser Project.
By Kalwinder Kaur
5 Jun 2012
The plan for development and operation (PDO) of the Bøyla field has been submitted by the Bøyla partners and Lundin Petroleum AB. The latter submitted the plan through its sister company, Lundin Norway AS. The Bøyla field is situated in block 24/9 in the Norwegian sector of the North Sea about 28 km south of the Alvheim Field.
By Joel Scanlon
5 Jun 2012
Aurcana has announced that a high-grade strong zone has been cut by surface drilling carried out between mining blocks located in the "5200 area".
Xtierra, a Toronto-based exploration and development company, reported that it has obtained a regulatory approval for a 2,000 m of infill drill program at the main Bilbao deposit.
By G.P. Thomas
5 Jun 2012
Metso, an international provider of technology and services in the process industries, has declared that it has inked an agreement with Codelco, a major mining firm in Chile, to supply the biggest cone crushers for use in a process improvement project of the main open pit copper mine located in the Chuquicamata division. An automatic control system to be used in crushers is also included in the contract. The value of the contract surpasses EUR 9 million.