March 16-18
Offshore West Africa Conference & Exhibition March 16-18
Turkish International Oil & Gas Conference & Exhibition March 16-18
Oil & Gas Africa Exhibition & Conference March 16-18
Gas Asia March 21
GPA Annual Convention March 21-25
Howard Weil Energy Conference March 22-23
LNG 2010 March 22-24
CHC Safety & Quality Summit 2010 March 22-24
CIPPE 2010 China Petroleum & Petrochemical Technology & Equipment Exhibition March 22-24
Latin Oil Week & Latin Upstream 2010 More Events
Expect no changes at OPEC's Wednesday meeting (3/14/2010) The Organization of Petroleum Exporting Countries is not expected to make any fundamental changes in its official production level...
Timor Leste may halt Greater Sunrise development
(3/14/2010) President Jose Ramos-Horta of Timor Leste, said today his country is serious about its interests being part of the development plan...
1st of 2 Pearl GTL platform sail for Qatar
(3/14/2010) The first of two platform structures has left a J Ray McDermott fabrication yard in Dubai bound for the waters off Qatar...
ATP puts US Gulf Telemark Hub well onstream
(3/14/2010) ATP Oil & Gas' major deepwater US Gulf of Mexico development, the Telemark Hub, is on schedule for first production...
CNOOC pays $3.1 billion for 50% of Bridas
(3/14/2010) China National Offshore Oil Corporation has agreed to invest US$3.1 billion to form a joint venture of Bridas Corporation...
US drilling activity higher by 11 rigs
(3/12/2010) Baker Hughes has reported today the week's rig count shows US drilling activity is continuing to increase with 1,407 active rotary rigs...
GAIL, GSPC, & Bengal win Tamil Nadu concession
(3/12/2010) India's Tamil Nadu state has awarded a petroleum exploration license in the Cauvery Basin to Gas Authority of India Limited...
Fugro takes delivery of new seismic vessel
(3/12/2010) Fugro has taken delivery of a newbuild seismic acquisition vessel, which it commissioned in 2007, the M/V Fugro Searcher...
Alberta cuts oil & gas producers' royalty rates
(3/12/2010) Canada's Alberta Province intends to reduce royalty rates producers must pay on conventional oil and gas wells and shale gaswells...
OGX finds Aptian oil in shallow water Campos Basin
(3/12/2010) OGX Petroleo e Gas Participacoes has identified an oil-bearing interval in the Aptian section of its latest exploration well off Brazil...
IEA bumps up estimate of world oil demand (3/12/2010) The International Energy Agency has increased its prediction of demand for oil worldwide in its latest monthly outlook...
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From the Editor
Bay of Bengal sovereignty disputes ill afforded
Dev George Managing Editor
Once again the sabers are rattling in the Bay of Bengal. India, Bangladesh, and Burma (Myanmar), the three littoral neighboring nations, have renewed their aggressive claims to large swaths of the Bay as it becomes evident the shared region of the Indian Ocean extending landward to the mouths of the Ganges harbors huge potential hydrocarbon reserves in quantities that all three need to solve their burgeoning demands...continue reading
(3/12/2010) Crude futures slipped about 1% in today's trade at both the New York Mercantile Exchange (Nymex) and the InterContinental Exchange (ICE) in London in reaction to a report that said American consumers were less than enthusiastic about the economy, particularly about employment, during the first part of this month, but that negative was balanced a bit by an increase in retail sales over the month of February even with the rash of winter storms...Go to latest O&G prices/analysis
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