KYIV, Ukraine, May 13, 2012/Coal Geology/ – Two of the world’s largest oil companies, Royal Dutch Shell plc and Chevron Corp, obtained the right to develop Ukrainian shale gas fields Yuzivske and Oleske, respectively, informed Prime Minister of Ukraine Mykola Azarov in his interview with Euronews. The fields are expected to provide Ukraine with up [...]
Archive of posts filed under the Oil and Gas category.
Significant Change in Market Needed to Save Alaska Natural Gas Line: U.S. Official at Platts Energy Podium
WASHINGTON, Jan. 10, 2012 /Coal Geology-PRNewswire/ – The U.S. natural gas market is going to have to change dramatically for pipeline developers to salvage their plan to ship gas from Alaska to the Lower-48 states, a key federal official said today at the Platts Energy Podium. “It is going to take a big turnaround in the market, no doubt about it,” Larry [...]
Noble Energy Announces Significant Natural Gas Discovery Offshore Republic of Cyprus
HOUSTON, Dec. 28, 2011 /Coal Geology-PRNewswire/ — Noble Energy, Inc. (NYSE: NBL) announced today a natural gas discovery at the Cyprus Block 12 prospect, offshore the Republic of Cyprus. The Cyprus A-1 well encountered approximately 310 feet of net natural gas pay in multiple high-quality Miocene sand intervals. The discovery well was drilled to a depth of 19,225 [...]
Hyperdynamics Resumes Drilling Offshore Guinea
HOUSTON, Dec. 28, 2011 /Coal Geology-PRNewswire/ – Hyperdynamics Corporation (NYSE: HDY) today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic ofGuinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynamics plans to continue to provide [...]
Platts Report: China’s Oil Demand Rises by 2.6% in November
Daily Rate Reaches Second-Highest Level Recorded in 2011 SINGAPORE, Dec. 26, 2011 /Coal Geology-PRNewswire/ – China’s apparent* oil demand in November rose 2.6% year on year to 39.08 million metric tons (mt) or 9.54 million barrels per day (b/d) – the second-highest daily rate recorded this year, according to a just-released Platts analysis of statistics released by [...]
