-----------------------------------------------------------------------------------------------
http://www.nohotair.co.uk/ READ THIS SITE!
Dec 22, 2009
Total have made few noises about shale, and have even made diversionary noises about European gas security as little as in October. We revealed in October 9 that far from being behind the pack, they produce the first shale gas outside of North America from Patagonia.
Argentina in general is very, very hot in shale, but so far away that most people can go about their business in secret until something big happens.
Argentina in general is very, very hot in shale, but so far away that most people can go about their business in secret until something big happens.
But Total are also looking at the US
Total is also considering investment to extract natural gas trapped in shale rock in the U.S. and elsewhere, de Margerie told Bloomberg at a conference in Beijing yesterday.
“We’re looking at it,” de Margerie said. “There are strong chances that the U.S. is a good place” for shale developments. The Paris-based company has made shale-gas deposits a priority to fill a development gap, de Margerie has said. Total is looking to counter falling output as OPEC limits oil production to support prices.
But we'll try and find out about this one: Total in China. Shale or not, this one could be big:
Total SA, Europe’s third-largest oil producer, is planning to expand cooperation with China National Petroleum Corp. by pursuing a multibillion-dollar project to extract natural gas in the northern Chinese Ordos Basin
Total is also considering investment to extract natural gas trapped in shale rock in the U.S. and elsewhere, de Margerie told Bloomberg at a conference in Beijing yesterday.
“We’re looking at it,” de Margerie said. “There are strong chances that the U.S. is a good place” for shale developments. The Paris-based company has made shale-gas deposits a priority to fill a development gap, de Margerie has said. Total is looking to counter falling output as OPEC limits oil production to support prices.
But we'll try and find out about this one: Total in China. Shale or not, this one could be big:
Total SA, Europe’s third-largest oil producer, is planning to expand cooperation with China National Petroleum Corp. by pursuing a multibillion-dollar project to extract natural gas in the northern Chinese Ordos Basin
---------------------------------------------------------------------------------------------
Shell’s South Africa movehighlights gas potential
December 21, 2009 9:45am
by Sheila McNulty
Even as ExxonMobil was applauded this past week for finally plunking some real money down in the US natural gas scene,
December 21, 2009 9:45am
by Sheila McNulty
Even as ExxonMobil was applauded this past week for finally plunking some real money down in the US natural gas scene,
Royal Dutch Shell, which has long been in on the US gas play, made another move - this time into South Africa.
The South African Petroleum Authorities awarded Shell a Technical Cooperation Permit for a one-year study to determine the hydrocarbon potential in parts of the Karoo Basin in central South Africa. Shell will have the exclusive right to apply for exploration permits following completion of the study.
The South African Petroleum Authorities awarded Shell a Technical Cooperation Permit for a one-year study to determine the hydrocarbon potential in parts of the Karoo Basin in central South Africa. Shell will have the exclusive right to apply for exploration permits following completion of the study.
This is being billed by Shell as a potential natural gas deal.
----------------------------------------------------------------------------------------------
http://www.rightsidenews.com/200912167797/energy-and-environment/exxon-mobil-makes-30-billion-bet.html
EXXON MOBILE
Makes $30 Billion Bet
Wednesday, 16 December 2009
Exxon Mobil Corp plans to buy XTO Energy Inc for about $30 billion in stock, in a move that thrusts the U.S. energy giant to the forefront of North America's fast-growing natural gas industry. With the buy, Exxon, the largest publicly traded energy company, will become the top U.S. natural gas producer as it bets on natural gas expanding its share in the world's largest energy market
. "This deal provides Exxon with some domestic momentum it didn't have," John Olson, a fund manager at Houston Energy Partners, said. "They are getting a huge acreage spread, with lots of shale gas plays." The bid, announced on Monday, spurred expectation of a wave of consolidation in the energy industry as cash-rich companies such as Exxon move to snap up smaller players with attractive assets. "There will be more of these deals, and it will make the industry more resilient to volatility in natural gas prices," said Fadel Gheit, an analyst at Oppenheimer & Co.- Yahoo
Dominant Social Theme: Thank goodness for natural gas.
Free-Market Analysis: It is our opinion that Peak Oil is a promotion of the powers-that-be, a positioning of energy resources so that the most power and wealth can be extracted from the least amount of product. Consider that in America especially - where we believe the promotion is most aggressive - much oil comes from overseas and a good deal of the rest comes from offshore. Meanwhile something like 60 percent of available land for prospecting is locked up by the federal government.
This is no coincidence in our humble opinion. If you want to
----------------------------------------------------------------------------------------------
http://world.brunei.fm/2009/12/17/lack-of-technology-causes-flaring-of-gas-at-nigerian-oil-wells-says-minister/
LACK OF TECHNOLOGY CAUSES
FLARING OF GAS AT NIGERIAN
OIL WELLS, SAYS MINISTER
Dec 17 (NNN-NAN) — Nigeria’s Petroleum Resources Minister, Dr Rilwanu Lukman, says a lack of appropriate technology to capture gas is partly responsible for the continued flaring of associated gas at the country’s oil wells by oil companies in the country.
Speaking at an investment forum organized by the Nigerian delegation here for the United Nations Climate Change Conference here, Lukman also said there was a need for Nigeria to import the appropriate green technology for adaptation for the new climate change deal.
“Gas flaring has remained a major problem in Nigeria. We are the number one gas ‘flarer’ in the world. Every barrel of crude oil produced comes with the associated gas. We have huge volumes of gas being flared because of the absence of appropriate technology,” he said.
He said the Federal Government was vigorously pursuing a zero gas flare directive
-----------------------------------------------------------------------------------------------
http://www.rigzone.com/news/article.asp?a_id=83962&hmpn=1
Executives Say Good Times Ahead for Natural Gas
December 10, 2009
The North American natural gas business has its best days ahead, according to a survey of the industry taken by consulting and accounting giant Deloitte, but many expect more layoffs in the coming year and more cost-cutting. Despite low natural gas prices, 84 percent of the oil and gas executive surveyed are bullish on gas because of the surge in production from plentiful shale and coal bed methane
Seventy-six percent expect revenue growth at national oil companies and international oil companies, 67 percent expect growth at independent exploration and production companies, and 61 percent expect growth at supply and service companies. Only 35 percent, however, expect revenues to grow at refining companies.
http://www.rigzone.com/news/article.asp?a_id=83790
Deloitte: U.S. Entering an Age
of Plenty for Natural Gas
Wednesday, December 09, 2009
The United States is entering an age of plenty for natural gas, according to a survey of oil and gas professionals conducted by the Deloitte Center for Energy Solutions.
"The survey numbers are striking," said Gary Adams, vice chairman and leader of Deloitte's oil and gas practice. "The overwhelming majority of survey respondents, 84 percent, say the best days for the natural gas industry are still ahead of us, despite today's low prices."
Current industry thinking would attribute this enthusiasm about natural gas to a surge in production from unconventional formations, such as shale and coal bed methane, and to the expectation that climate change legislation will increase the demand for gas-powered electricity generation.
------------------------------------------------------------------------------------------------
http://online.wsj.com/article/BT-CO-20090914-715257.html
SEPTEMBER 14, 2009
Brazil Petrobras Makes 4th Oil Discovery In Key Santos Basin Block
RIO DE JANEIRO (Dow Jones)--Brazilian state-run energy giant Petrobras (PBR) made its fourth oil and natural gas discovery in the same Santos Basin offshore block that yielded last week's Guara megafield.
-------------------------------------------------------------------------------------------
http://www.eia.doe.gov/oil_gas/natural_gas/info_glance/natural_gas.html
---------------------------------------------------------------------------------------------
http://www.bloomberg.com/apps/news?pid=20601207&sid=a_qbhftcQVyg
Shell to Start Series of Job Cuts to Reduce Costs, FT Reports 
Alfa Laval: oil at great depths
Massive Alfa Laval plate heat exchangers, diesel purifiers and desalination equipment are helping Petrobras, Brazil’s national oil company, recover oil from ocean depths only Jules Verne could imagine.
http://www.rightsidenews.com/200912167797/energy-and-environment/exxon-mobil-makes-30-billion-bet.html
EXXON MOBILE
Makes $30 Billion Bet
Wednesday, 16 December 2009
Exxon Mobil Corp plans to buy XTO Energy Inc for about $30 billion in stock, in a move that thrusts the U.S. energy giant to the forefront of North America's fast-growing natural gas industry. With the buy, Exxon, the largest publicly traded energy company, will become the top U.S. natural gas producer as it bets on natural gas expanding its share in the world's largest energy market
. "This deal provides Exxon with some domestic momentum it didn't have," John Olson, a fund manager at Houston Energy Partners, said. "They are getting a huge acreage spread, with lots of shale gas plays." The bid, announced on Monday, spurred expectation of a wave of consolidation in the energy industry as cash-rich companies such as Exxon move to snap up smaller players with attractive assets. "There will be more of these deals, and it will make the industry more resilient to volatility in natural gas prices," said Fadel Gheit, an analyst at Oppenheimer & Co.- Yahoo
Dominant Social Theme: Thank goodness for natural gas.
Free-Market Analysis: It is our opinion that Peak Oil is a promotion of the powers-that-be, a positioning of energy resources so that the most power and wealth can be extracted from the least amount of product. Consider that in America especially - where we believe the promotion is most aggressive - much oil comes from overseas and a good deal of the rest comes from offshore. Meanwhile something like 60 percent of available land for prospecting is locked up by the federal government.
This is no coincidence in our humble opinion. If you want to
----------------------------------------------------------------------------------------------
http://world.brunei.fm/2009/12/17/lack-of-technology-causes-flaring-of-gas-at-nigerian-oil-wells-says-minister/
LACK OF TECHNOLOGY CAUSES
FLARING OF GAS AT NIGERIAN
OIL WELLS, SAYS MINISTER
Dec 17 (NNN-NAN) — Nigeria’s Petroleum Resources Minister, Dr Rilwanu Lukman, says a lack of appropriate technology to capture gas is partly responsible for the continued flaring of associated gas at the country’s oil wells by oil companies in the country.
Speaking at an investment forum organized by the Nigerian delegation here for the United Nations Climate Change Conference here, Lukman also said there was a need for Nigeria to import the appropriate green technology for adaptation for the new climate change deal.
“Gas flaring has remained a major problem in Nigeria. We are the number one gas ‘flarer’ in the world. Every barrel of crude oil produced comes with the associated gas. We have huge volumes of gas being flared because of the absence of appropriate technology,” he said.
He said the Federal Government was vigorously pursuing a zero gas flare directive
-----------------------------------------------------------------------------------------------
http://www.rigzone.com/news/article.asp?a_id=83962&hmpn=1
Executives Say Good Times Ahead for Natural Gas
December 10, 2009
The North American natural gas business has its best days ahead, according to a survey of the industry taken by consulting and accounting giant Deloitte, but many expect more layoffs in the coming year and more cost-cutting. Despite low natural gas prices, 84 percent of the oil and gas executive surveyed are bullish on gas because of the surge in production from plentiful shale and coal bed methane
Seventy-six percent expect revenue growth at national oil companies and international oil companies, 67 percent expect growth at independent exploration and production companies, and 61 percent expect growth at supply and service companies. Only 35 percent, however, expect revenues to grow at refining companies.
http://www.rigzone.com/news/article.asp?a_id=83790
Deloitte: U.S. Entering an Age
of Plenty for Natural Gas
Wednesday, December 09, 2009
The United States is entering an age of plenty for natural gas, according to a survey of oil and gas professionals conducted by the Deloitte Center for Energy Solutions.
"The survey numbers are striking," said Gary Adams, vice chairman and leader of Deloitte's oil and gas practice. "The overwhelming majority of survey respondents, 84 percent, say the best days for the natural gas industry are still ahead of us, despite today's low prices."
Current industry thinking would attribute this enthusiasm about natural gas to a surge in production from unconventional formations, such as shale and coal bed methane, and to the expectation that climate change legislation will increase the demand for gas-powered electricity generation.
------------------------------------------------------------------------------------------------
http://online.wsj.com/article/BT-CO-20090914-715257.html
SEPTEMBER 14, 2009
Brazil Petrobras Makes 4th Oil Discovery In Key Santos Basin Block
RIO DE JANEIRO (Dow Jones)--Brazilian state-run energy giant Petrobras (PBR) made its fourth oil and natural gas discovery in the same Santos Basin offshore block that yielded last week's Guara megafield.
-------------------------------------------------------------------------------------------
http://www.eia.doe.gov/oil_gas/natural_gas/info_glance/natural_gas.html
---------------------------------------------------------------------------------------------
http://www.bloomberg.com/apps/news?pid=20601207&sid=a_qbhftcQVyg
Shell to Start Series of Job Cuts to Reduce Costs, FT Reports Sept. 5 -09 (Bloomberg) --
Royal Dutch Shell Plc plans to start a series of announcements on job cuts as part of its cost- cutting program, the Financial Times reported, without saying where it got the information.
Personnel will be informed about detailed plans for their business units over the next two weeks, the newspaper said. Shell expects to complete the reductions by the end of the year, the FT reported.
Kirsten Smart, a spokeswoman at Shell, declined to comment on the report.
Shell Chief Executive Peter Voser earlier this year said that the company cost cutting program, Transition 2009, will be completed before 2010
Personnel will be informed about detailed plans for their business units over the next two weeks, the newspaper said. Shell expects to complete the reductions by the end of the year, the FT reported.
Kirsten Smart, a spokeswoman at Shell, declined to comment on the report.
Shell Chief Executive Peter Voser earlier this year said that the company cost cutting program, Transition 2009, will be completed before 2010
--------------------------------------------------------------------------------------------
Alfa Laval: oil at great depthsMassive Alfa Laval plate heat exchangers, diesel purifiers and desalination equipment are helping Petrobras, Brazil’s national oil company, recover oil from ocean depths only Jules Verne could imagine.
Brazil has proven oil reserves estimated at 12.6 billion barrels, according to the latest BP Statistical Review of World Energy, which puts the country between Algeria and China in terms of oil reserves. A majority of these reserves are situated below a 1,400-kilometre swath of ocean between Florian?polis, south of Sao Paulo, and Vitoria in the north.
----------------------------------------------------------------------------------------------
http://en.wikipedia.org/wiki/Giant_oil_and_gas_fields
Giant oil and gas fields
The world's 932 giant oil and gas fields are considered those with 500 million barrels of ultimately recoverable oil or gas equivalent.[1] Geoscientists believe these giants account for 40 percent of the world's petroleum reserves. They are clustered in 27 regions of the world, with the largest clusters in the Persian Gulf and Western Siberian Basin.
The past three decades reflect declines in discoveries of giant fields.[2] The present decade (2000-2010), however, reflects an upturn in discoveries and appears on track to be the third best for discovery of giant oil and gas fields in the 150 year history of modern oil and gas exploration.[3]
According to analysis led by Paul Mann of the University of Texas' Jackson School of Geosciences, almost all of the 932 giant oil and gas fields cluster within 27 regions, or about 30 percent of Earth's land surface.
http://en.wikipedia.org/wiki/File:Oil%26gas_giantsNov07.jpg--Map of the world's giant oil and gas fields, by Mann, Horn, and Cross.
----------------------------------------------------------------------------------------------
http://www.stockhouse.com/News/USReleasesDetail.aspx?n=7439889
Rio de Janeiro,
'Giant' oil discovery in Gulf of Mexico
BP -- makes "giant" oil find in Gulf of Mexico
September 2, 2009,
LONDON (Reuters) - Oil major BP Plc said it has made an oil discovery in the Gulf of Mexico, which analysts believe could contain over 1 billion barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry.
BP, the biggest oil producer in the U.S. and biggest leaseholder in the Gulf of Mexico, has a 62 percent working interest in the block, while Brazilian state-controlled Petrobras
owns 20 percent and U.S. oil major ConocoPhillips owns 18 percent. ------------------------------------------------------------------------------------------
Militants claim Russia dam disaster
MOSCOW (AFP) – An Islamist group Friday claimed it carried out deadly attacks on the same day this week against Russia's biggest hydroelectric power station and a police station in the Caucasus that left dozens dead.
Russian investigators strongly denied the claim by Riyadus Salikhiin, a militant group with roots in Chechnya, that it had hit the power station as part of a new campaign of "economic war" in Russia.
Putin orders probe of creaking infrastructure
MOSCOW (Reuters) – Prime Minister Vladimir Putin called for a sweeping probe of Russia's creaking Soviet-era infrastructure on Thursday after a disaster at its largest hydroelectric power station.
A water surge caused aging turbines to explode at a 31-year-old Siberian dam on Monday, starting a chain reaction that sent a cascade of water into a 100-meter (yard) turbine hall and the four floors below it, and dumped 45 tons of fuel oil into the Yenisei River below.
Russian PM Putin wants electricity prices regulated
CHERYOMUSHKI, Russia, Aug 21 (Reuters) - Russian Prime Minister Vladimir Putin on Friday ordered his government to prepare a draft decree on the temporary regulation of wholesale electricity prices after a disaster at a hydro dam this week.
----------------------------------------- --------------------------------------
http://putitinthought.com/mrs-putin
Iran announces
massive oil find
TEHRAN (UPI) -- Though declining to specify exactly where, the outgoing Iranian oil minister announced the discovery of a giant oil field as a new government takes shape.
Iranian Oil Minister Gholamhossein Nozari announced the discovery of the field, which the semiofficial Fars news agency reports has in-place reserves of more than "20,000 billion barrels."
"The relevant information on the exact location and volume of reserves of this oil field will be declared in coming days," Nozari added.
-------------------------------------------------------------------------------------------
http://online.wsj.com/article/SB125106951994952269.html
AUGUST 24, 2009
Budget Pain Spreads to
Energy-Rich States
Falling Natural-Gas Prices Erode Revenue
and Spark Spending Cuts
Energy-rich states, flooded with cash last year when oil and natural-gas prices soared to record highs, are now being drained as gas prices plunged to a seven-year low Friday.
In Texas, revenue from gas-production taxes has fallen 43% from last year, costing the state more than $1 billion in lost revenue.
In New Mexico, lawmakers are scrambling to close a $433 million budget gap even as they worry the gap could widen if gas prices stay low.
In Oklahoma, the state government is furloughing employees and cutting school budgets.
Natural gas "is the primary driver of our state's economy," Oklahoma Treasurer Scott Meacham said. "There's not a lot you can do as a government other than manage the downturn."
-------------------------------------------------------------------------------------------
http://www.businessweek.com/globalbiz/content/aug2009/gb20090824_409991.htm
August 24, 2009
Israel Moves Toward Energy Independence
The huge natural gas reserves off the country's
Mediterranean coast are 16% bigger
than estimated just one month ago
The discovery has raised hopes of further gas finds in a region that to date has been largely unexplored. Delek Drilling and its partners, Houston's Noble Energy (NBL), Avner Oil Exploration, Isramco (ISRL), and Dor Gas hold 16 additional expanses that cover 9,000 square kilometers, more than 20 times the size of the Tamar tract, which initial estimates value at $15 billion. In the near future, extensive seismic tests will be conducted to decide on additional drillings during 2010.
------------------------------------------------------------------------------------------
http://www.guardian.co.uk/environment/2009/jul/21/energy-renewables-severn-barrage
Landscape changes over renewables
Buzz up! Digg it The Guardian,
Tuesday 21 July 2009
The energy white paper (Labour orders green energy revolution, July 16) makes it clear that to meet the challenge of climate change will require an unprecedented transformation in our acceptance of renewable energy and the infrastructure that goes with it. We have to move from kneejerk nimbyism to an informed consensus about the landscapes where renewable energy infrastructure is desirable and should be encouraged, and the landscapes that should remain sacrosanct. Natural England is already consulting with the wind energy industry to agree guidelines and help
-------------------------------------------------------------------------------------------
cleantechlawandbusiness.com/.../
The Cheapest Way to Power Your Car
If you had the right ride, hydropower could lop 2/3 off your gas bills.
http://en.wikipedia.org/wiki/Giant_oil_and_gas_fields
Giant oil and gas fieldsThe world's 932 giant oil and gas fields are considered those with 500 million barrels of ultimately recoverable oil or gas equivalent.[1] Geoscientists believe these giants account for 40 percent of the world's petroleum reserves. They are clustered in 27 regions of the world, with the largest clusters in the Persian Gulf and Western Siberian Basin.
The past three decades reflect declines in discoveries of giant fields.[2] The present decade (2000-2010), however, reflects an upturn in discoveries and appears on track to be the third best for discovery of giant oil and gas fields in the 150 year history of modern oil and gas exploration.[3]
According to analysis led by Paul Mann of the University of Texas' Jackson School of Geosciences, almost all of the 932 giant oil and gas fields cluster within 27 regions, or about 30 percent of Earth's land surface.
http://en.wikipedia.org/wiki/File:Oil%26gas_giantsNov07.jpg--Map of the world's giant oil and gas fields, by Mann, Horn, and Cross.
----------------------------------------------------------------------------------------------
http://www.stockhouse.com/News/USReleasesDetail.aspx?n=7439889
Rio de Janeiro, Sep 3, 2009
Massive oil finds off Brazil's southeastern coast will catapult the country into eighth place worldwide in terms of crude reserves, the head of state-owned Energy Research Corporation, or EPE, said Thursday.
"By our expectations, and using the most conservative estimates possible, we can say that Brazil will occupy eighth place worldwide in proven oil reserves, although it could rank even higher," EPE chief Mauricio Tomalsquim told foreign correspondents.
Brazil currently has 14 billion barrels of proven reserves, but that total could rise to 80 billion just with the "pre-salt" areas already under concession
Massive oil finds off Brazil's southeastern coast will catapult the country into eighth place worldwide in terms of crude reserves, the head of state-owned Energy Research Corporation, or EPE, said Thursday.
"By our expectations, and using the most conservative estimates possible, we can say that Brazil will occupy eighth place worldwide in proven oil reserves, although it could rank even higher," EPE chief Mauricio Tomalsquim told foreign correspondents.
Brazil currently has 14 billion barrels of proven reserves, but that total could rise to 80 billion just with the "pre-salt" areas already under concession
"Brazil in five years will be exporting close to a million barrels of oil a day, just with what will be extracted from the concessions already granted. There's no doubt it will be one of the major world exporters," the EPE president said. ------------------------------------------------------------------------------------------
http://money.aol.ca/article/nexen-says-it-has-new-oil-gas-discovery-in-golden-eagle-area-of-north-sea/701300/
Nexen says it has
new oil-gas discovery
in Golden Eagle area of North Sea
Source: The Canadian Press
09/03/09
CALGARY - Nexen Inc. (TSX:NXY), which has for months hinted at a large discovery in the U.K. North Sea, confirmed Thursday its find in the Golden Eagle area is indeed "substantial."
The Calgary-based oil and gas company estimates Golden Eagle contains the equivalent of between 150 million and 275 million barrels of oil, classified as recoverable contingent resource
----------------------------------------------------------------------------------------------
http://finance.yahoo.com/news/BP-drills-deepestever-oil-apf-91404814.html?x=0
September 2, 2009
BP --drills deepest-ever oil well in Gulf of Mexico--
taps vast pool of crude
NEW YORK (AP) -- Nearly seven miles (11 kilometers) below the Gulf of Mexico, oil company BP has tapped into a vast pool of crude after digging the deepest oil well in the world.
The Tiber Prospect is expected to rank among the largest petroleum discoveries in the United States, potentially producing half as much crude in a day as Alaska's famous North Slope oil field.
The company's chief of exploration on Wednesday estimated that the Tiber deposit holds between 4 billion and 6 billion barrels of oil equivalent, which includes natural gas.
---The Tiber well is about 250 miles (400 kilometers) southeast of Houston in U.S. waters. At 35,055 feet (10,685 meters), it is as deep as Mount Everest is tall, not including more than 4,000 feet (1,200 meters) of water above it.
---BP needs to invest years of work and millions of dollars before it draws the first drop of oil from Tiber. Such long waits are not uncommon. Three years after announcing a discovery at a site in the Gulf called Kaskida, BP has yet to begin producing oil there
------------------------------------------------------------------------------------------------
http://money.aol.ca/article/nexen-says-it-has-new-oil-gas-discovery-in-golden-eagle-area-of-north-sea/701300/
Nexen says it hasnew oil-gas discovery
in Golden Eagle area of North Sea
Source: The Canadian Press
09/03/09
CALGARY - Nexen Inc. (TSX:NXY), which has for months hinted at a large discovery in the U.K. North Sea, confirmed Thursday its find in the Golden Eagle area is indeed "substantial."
The Calgary-based oil and gas company estimates Golden Eagle contains the equivalent of between 150 million and 275 million barrels of oil, classified as recoverable contingent resource
----------------------------------------------------------------------------------------------
http://finance.yahoo.com/news/BP-drills-deepestever-oil-apf-91404814.html?x=0
September 2, 2009BP --drills deepest-ever oil well in Gulf of Mexico--
taps vast pool of crude
NEW YORK (AP) -- Nearly seven miles (11 kilometers) below the Gulf of Mexico, oil company BP has tapped into a vast pool of crude after digging the deepest oil well in the world.
The Tiber Prospect is expected to rank among the largest petroleum discoveries in the United States, potentially producing half as much crude in a day as Alaska's famous North Slope oil field.
The company's chief of exploration on Wednesday estimated that the Tiber deposit holds between 4 billion and 6 billion barrels of oil equivalent, which includes natural gas.
---The Tiber well is about 250 miles (400 kilometers) southeast of Houston in U.S. waters. At 35,055 feet (10,685 meters), it is as deep as Mount Everest is tall, not including more than 4,000 feet (1,200 meters) of water above it.
---BP needs to invest years of work and millions of dollars before it draws the first drop of oil from Tiber. Such long waits are not uncommon. Three years after announcing a discovery at a site in the Gulf called Kaskida, BP has yet to begin producing oil there
------------------------------------------------------------------------------------------------
'Giant' oil discovery in Gulf of MexicoBP -- makes "giant" oil find in Gulf of Mexico
September 2, 2009,
LONDON (Reuters) - Oil major BP Plc said it has made an oil discovery in the Gulf of Mexico, which analysts believe could contain over 1 billion barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry.
BP, the biggest oil producer in the U.S. and biggest leaseholder in the Gulf of Mexico, has a 62 percent working interest in the block, while Brazilian state-controlled Petrobras
owns 20 percent and U.S. oil major ConocoPhillips owns 18 percent. ------------------------------------------------------------------------------------------
Militants claim Russia dam disaster
MOSCOW (AFP) – An Islamist group Friday claimed it carried out deadly attacks on the same day this week against Russia's biggest hydroelectric power station and a police station in the Caucasus that left dozens dead.
Russian investigators strongly denied the claim by Riyadus Salikhiin, a militant group with roots in Chechnya, that it had hit the power station as part of a new campaign of "economic war" in Russia.
Putin orders probe of creaking infrastructure
MOSCOW (Reuters) – Prime Minister Vladimir Putin called for a sweeping probe of Russia's creaking Soviet-era infrastructure on Thursday after a disaster at its largest hydroelectric power station.
A water surge caused aging turbines to explode at a 31-year-old Siberian dam on Monday, starting a chain reaction that sent a cascade of water into a 100-meter (yard) turbine hall and the four floors below it, and dumped 45 tons of fuel oil into the Yenisei River below.
Russian PM Putin wants electricity prices regulated
CHERYOMUSHKI, Russia, Aug 21 (Reuters) - Russian Prime Minister Vladimir Putin on Friday ordered his government to prepare a draft decree on the temporary regulation of wholesale electricity prices after a disaster at a hydro dam this week.
----------------------------------------- --------------------------------------
http://putitinthought.com/mrs-putin
Iran announces
massive oil find
TEHRAN (UPI) -- Though declining to specify exactly where, the outgoing Iranian oil minister announced the discovery of a giant oil field as a new government takes shape.
Iranian Oil Minister Gholamhossein Nozari announced the discovery of the field, which the semiofficial Fars news agency reports has in-place reserves of more than "20,000 billion barrels."
"The relevant information on the exact location and volume of reserves of this oil field will be declared in coming days," Nozari added.
-------------------------------------------------------------------------------------------
http://online.wsj.com/article/SB125106951994952269.html
AUGUST 24, 2009Budget Pain Spreads to
Energy-Rich States
Falling Natural-Gas Prices Erode Revenue
and Spark Spending Cuts
Energy-rich states, flooded with cash last year when oil and natural-gas prices soared to record highs, are now being drained as gas prices plunged to a seven-year low Friday.
In Texas, revenue from gas-production taxes has fallen 43% from last year, costing the state more than $1 billion in lost revenue.
In New Mexico, lawmakers are scrambling to close a $433 million budget gap even as they worry the gap could widen if gas prices stay low.
In Oklahoma, the state government is furloughing employees and cutting school budgets.
Natural gas "is the primary driver of our state's economy," Oklahoma Treasurer Scott Meacham said. "There's not a lot you can do as a government other than manage the downturn."
-------------------------------------------------------------------------------------------
http://www.businessweek.com/globalbiz/content/aug2009/gb20090824_409991.htm
August 24, 2009
Israel Moves Toward Energy Independence
The huge natural gas reserves off the country's
Mediterranean coast are 16% bigger
than estimated just one month ago
The discovery has raised hopes of further gas finds in a region that to date has been largely unexplored. Delek Drilling and its partners, Houston's Noble Energy (NBL), Avner Oil Exploration, Isramco (ISRL), and Dor Gas hold 16 additional expanses that cover 9,000 square kilometers, more than 20 times the size of the Tamar tract, which initial estimates value at $15 billion. In the near future, extensive seismic tests will be conducted to decide on additional drillings during 2010.
------------------------------------------------------------------------------------------
http://www.guardian.co.uk/environment/2009/jul/21/energy-renewables-severn-barrage
Landscape changes over renewables
Buzz up! Digg it The Guardian,
Tuesday 21 July 2009
The energy white paper (Labour orders green energy revolution, July 16) makes it clear that to meet the challenge of climate change will require an unprecedented transformation in our acceptance of renewable energy and the infrastructure that goes with it. We have to move from kneejerk nimbyism to an informed consensus about the landscapes where renewable energy infrastructure is desirable and should be encouraged, and the landscapes that should remain sacrosanct. Natural England is already consulting with the wind energy industry to agree guidelines and help
-------------------------------------------------------------------------------------------
cleantechlawandbusiness.com/.../
The Cheapest Way to Power Your Car
If you had the right ride, hydropower could lop 2/3 off your gas bills.
CLEAN & GREEN market sites
http://www.sustainablebusiness.com/
http://www.goodenergygeneration.co.uk/default.aspx
Mapping the Green Economy: California http://www.sustainablebusiness.com/index.cfm/go/news.display/id/18337
http://www.edf.org/page.cfm?tagID=37047&redirect=cagreen
Enviornmental group http://www.edf.org/home.cfm
Wired -EV / Hybrids
http://www.wired.com/autopia/category/evs-and-hybrids/
We decided to hold the number of Clean Energy Ideas and Information entries to 100 and then we will file and upgrade the quality and relevance of each item #ed site, the more new idea information we get the more we will upgrade
REMINDER,
GOAL
to generate and store Clean Electricity and Water energies for our
personal all electric residential dwelling and transportation needs.
We are attempting to build a Clean energy generation information rich site.
This site believes that through our working together to help each other gather up, catalog, and review
new, good, easy to understand, proven, affordable, available, simple in design and maintaince
in persuit of gathering Clean Electricity and Water for each other for our individual dwellings ( 1
FYI -----
We are considering if we should move our site written commentaries that reflect personal opinions to other persons, leaders, positions, projects, and issues, to a companion stand alone site and simply refer the readers to those letters and comments on that site where they will be cataloged.
http://www.sustainablebusiness.com/
http://www.goodenergygeneration.co.uk/default.aspx
Mapping the Green Economy: California http://www.sustainablebusiness.com/index.cfm/go/news.display/id/18337
http://www.edf.org/page.cfm?tagID=37047&redirect=cagreen
Enviornmental group http://www.edf.org/home.cfm
Wired -EV / Hybrids
http://www.wired.com/autopia/category/evs-and-hybrids/
We decided to hold the number of Clean Energy Ideas and Information entries to 100 and then we will file and upgrade the quality and relevance of each item #ed site, the more new idea information we get the more we will upgrade
REMINDER,
GOAL
to generate and store Clean Electricity and Water energies for our
personal all electric residential dwelling and transportation needs.
We are attempting to build a Clean energy generation information rich site.
This site believes that through our working together to help each other gather up, catalog, and review
new, good, easy to understand, proven, affordable, available, simple in design and maintaince
in persuit of gathering Clean Electricity and Water for each other for our individual dwellings ( 1
FYI -----
We are considering if we should move our site written commentaries that reflect personal opinions to other persons, leaders, positions, projects, and issues, to a companion stand alone site and simply refer the readers to those letters and comments on that site where they will be cataloged.
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