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News1 to 10 on 425    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   
 1 17 / 12 / 2010  Total
 
 Total and Suncor form a strategic alliance in Canada’s oil sands encompassing the Suncor-operated Fort Hills mining project, the Total-operated Joslyn mining project and the Suncor-operated Voyageur upgrader project. All three assets are located in the Athabasca region of the province of Alberta, Canada. Under the alliance, the companies will pool their combined interests in these projects, with the respective operator holding 51% and the other partner 49%.

Oil - North America
Canada - Production - Finance - Total
 
 2 30 / 11 / 2010  DOE-EIA
 
 Shale Gas Development Drives U.S. Natural Gas Proved Reserves to Highest Level Since 1971. U.S. natural gas proved reserves, estimated as "wet" gas which includes natural gas plant liquids, increased by 11 percent in 2009 to 284 trillion cubic feet (Tcf), the highest level since 1971. Proved reserves of U.S. oil (crude oil plus condensate) also increased in 2009, rising 9 percent to 22.3 billion barrels.

Natural gas - North America
United-States - Reserve - Statistics - DOE-EIA
 
 3 2 / 11 / 2010  BG Group
 
 Certified resources upgrade of 2.7 bboe to Tupi, Iracema and Guará fields, offshore Brazil. BG Group’s new aggregate best estimate of economically recoverable gross resources* for these fields amounts to 10.8 billion boe, representing a 34% increase to the 8.1 billion boe mid-point of the Group’s previous indicative resource range.

Oil - South America
Brazil - Reserve -  - BG Group
 
 4 20 / 8 / 2010  KNOC
 
 Cash Offer for Dana Petroleum.

Oil - Asia
South-Korea - Production - Finance - KNOC
 
 5 11 / 8 / 2010  Total
 
 Angola: Total Launches CLOV Development on Block 17. Drilling will start in 2012 and first oil is expected in 2014. The CLOV development will lead to the four fields - Cravo, Lirio, Orquidea and Violeta – coming on stream. The proved and probable reserves are estimated at approximately 500 million barrels of oil. The CLOV Floating Production, Storage and Offloading (FPSO) unit, which will have a processing capacity of 160,000 barrels of oil per day and a storage capacity of approximately 1.8 million barrels.

Oil - Africa
Angola - Development - Project - Total
 
 6 7 / 7 / 2010  Total
 
 Total signs an agreement to acquire UTS Corporation with its 20% interest in the Canadian Fort Hills project in view of reorganizing its oil sands portfolio. The cost of the acquisition for Total amounts to approximately CAD 1.15 billion (ie CAD 2.35 per share). The Fort Hills project is operated by Canada’s Suncor Energy Inc. with a 60% interest, the remaining 20% held by Teck Resources Ltd.

Oil - North America
Canada - Production - Finance - Total
 
 7 1 / 7 / 2010  Cairn Energy
 
 Exploration Disko West Offshore Greenland. Cairn is pleased to announce that it has commenced drilling operations on the Alpha prospect (Alpha-1) in the Sigguk Block, approximately 175 kilometres offshore Disko Island, west Greenland.

Oil - Western Europe
Greenland - Exploration - Commissioning - Cairn Energy
 
 8 28 / 5 / 2010  Shell
 
 Royal Dutch Shell plc acquires new positions in US tight gas. Shell has agreed to acquire subsidiaries which own substantially all of the business of East Resources, Inc (“East Resources”) for a cash consideration of $4.7 billion. East Resources has some 60 mmscfe/d (10,000 barrels oil equivalent per day) of production, predominantly in natural gas, with substantial medium-term growth potential.

Natural gas - North America
United-States - Reserve - Finance - Shell
 
 9 15 / 4 / 2010  Apache
 
 Apache Gains Strategic Position in Deepwater Gulf With Mariner Merger. At Apache's closing stock price of $108.06 on April 14, 2010, the transaction values Mariner's shares at $26.22 per share or approximately $2.7 billion. Apache also will assume $1.2 billion in debt. In February, Mariner produced 63,000 barrels of oil equivalent (boe) per day from the Gulf Shelf and deepwater, the Permian Basin and unconventional onshore plays.

Oil - North America
United-States - Production - Finance - Apache
 
 10 8 / 4 / 2010  BG Group
 
 BG Group (25%) and partners, Petrobras (65% and operator) and GALP (10%), have successfully completed drilling a Tupi field appraisal well (3-RJS-666) in the BM-S-11 licence area, Santos Basin pre-salt, offshore Brazil. Results of this and other wells previously drilled confirm Tupi's estimated recoverable resource to be 5 to 8 billion barrels of light oil and natural gas.

Oil - South America
Brazil - Exploration - Commissioning - BG Group
 
News1 to 10 on 425    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   


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