Monday, April 23, 2012



Egypt's EGPC confirms it has scrapped Israel gas contract
The Egyptian General Petroleum Corp has confirmed that it canceled a gas supply agreement with Israel because the East Mediterranean Gas Supply Company, the Egyptian-Israeli consortium which operates the pipeline, was in breach of its commitments, Egyptian television reported Monday | Platts

Borders & Southern Finds Hydrocarbons South of Falkland Islands
Falkland Islands explorer Borders & Southern announced Monday that it has made a "significant gas condensate discovery" with its 61/17-1 well on the Darwin East prospect in the South Falkland Basin | Rigzone

EU pushes back oil sands decision
BRUSSELS, April 23 (UPI) -- The European Union has delayed a decision on whether to classify oil sands as a "dirty" form of crude oil, bringing praise from Canadian officials | UPI

Oil Price Holds Above $104
Crude oil prices climbed to more than $104 per barrel Friday in New York as the dollar turned lower and equity futures looked strong | HispanicBusiness

Bashir uses ‘guns and bullets’ in S. Sudan ‘talks’
Sudan’s President Omar Bashir said his country used “guns and bullets” to retake an oilfield seized recently by oil-rich neighbour South Sudan | UpstreamOnline

Panama's Energy Firms Plan 720 Megawatts of Hydroelectric Power
Panama plans to increase installed capacity of hydroelectric power generation by 720 megawatts (MW) with 30 new hydropower plants | MarketWatch

Ghana to rake in one billion dollars from gas annually
Ghana is estimated to rake in one billion dollars of revenue a year from the gas industry, an amount that can make the country repay the three billion-dollar Chinese loan facility from the Chinese Development Bank | Reporting

American conglomerate to inject $50bn in Nigeria’s oil, infrastructure
23 April 2012, Sweetcrude, ABUJA -Amatex Technologies Corporation, an American-based conglomerate has offered to boost foreign direct investment, FDI, with N50billion investment in the nation’s oil and gas sector as well as infrastructure development | Sweetcrude

Petronas inks $2.2bn Keppel gas supply deal
Malaysian state-run company Petronas has entered a gas sales agreement with Singapore’s Keppel Corporation worth an estimated $2.2 billion | UpstreamOnline

Report: Iran unplugs oil terminal from Internet
TEHRAN, Iran (AP) -- Iran has disconnected its oil ministry and its main crude export terminal from the Internet to avoid being attacked by computer malware, a semiofficial news agency reported on Monday | Associated Press

No comments:

Post a Comment