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Sunlight And Bunker Oil a Fatal Combination for Pacific Herring
The 2007 Cosco Busan disaster, which spilled 54,000 gallons of oil into the San Francisco Bay, had an unexpectedly lethal impact on embryonic fish, devastating a commercially and ecologically important species for nearly two years, reports a new study...
Mexico’s Pemex to Drill for Oil in Deep Waters of Gulf of Mexico
Mexico’s state owned Petroleos Mexicanos, also known as Pemex, intends to explore deep waters exploration in the Gulf of Mexico
Canadian Oil Sands – A Good Investment? Not in Europe, Apparently
Any American watching cable TV over the past few months can hardly fail to have noticed the seemingly ubiquitous advertisements extolling the virtues of extracting oil from Canadian oil sands, which the commentators assure their audience has a carbon...
Rig in Position At Israel’s Offshore Mediterranean Natural Gas Field
Israel intends to explore Mediterranean offshore natural gas fields that it claims are within its territorial waters, and Sedco now has its Express rig in position at Israel’s offshore Mediterranean Leviathan 3 natural gas field to begin drilling.
China And Russia Haggle Over Energy Deal Prices
China, the world’s second largest economy, has made no secret of its interest in securing Russian energy exports, while Moscow has done little to hide its interest in supplying it.
China’s Sinochem Interested in Investing in Alberta
Looking beyond Alberta’s rich deposits of oil sands, China’s state-owned Sinochem Group energy giant is looking to invest in the province’s rich oil and natural gas sector.
Crude Oil Analysis for the Week of September 12, 2011
November Crude Oil finished the week slightly better after ping-ponging between a pair of Gann angles at $87.39 and $86.61. Volatility was also high, helping to form an outside move for the week.
Iran’s Oil, LPG Exports to China Soar 49 Percent in Last 6 Months
China’s Customs Organization has announced, “This country’s level of oil imports from Iran during the first half of 2011 reached 134.7 million tons, a growth of 49 percent in comparison to the same time period last year.”
