
Picture: Control room for Shell’s new 100,000bpd deepwater platform

*State-of-the-art deepwater platform is ready in Texas port [Read more...]
The triple-digit barrel of oil

(ECONOMIST) Are high oil prices here to stay? [Read more...]
Myanmar finally takes a seat at its own oil & gas feast

(REUTERS) In a few months, impoverished Myanmar plans to start pumping roughly $45 million worth of oil and gas a day from the Bay of Bengal to China by pipeline. The vital fuel for China’s growing economy will bypass the Malacca Straits and U.S. ally Singapore. [Read more...]
Chevron CEO John Watson interview with the Wall Street Journal

(WALL STREET JOURNAL) Seib & Wessel: Full John Watson Interview [Read more...]
Petrobras’s Biggest Oil Discovery Brings Cost Concerns

(BLOOMBERG) Investors in Petroleo Brasileiro SA (PBR), the world’s most indebted oil company, aren’t celebrating Brazil’s biggest-ever crude discovery. [Read more...]
Falklands’ government praised for five year plan to develop oil and gas industry

(MERCO PRESS) The Specialist Oil & Gas Advisor for the Falkland Islands Government (FIG), Anne Drinkwater has stated that the Falkland Islands are an attractive location for the oil and gas industry and has praised FIG five year plan which sets the desired economic and social context for development generally. [Read more...]
Indonesia energy regulator trims 2014 oil target

(REUTERS) Indonesia’s energy regulator says the country’s oil production target next year is too optimistic, and wants it scaled back between roughly 4 percent and 8 percent, domestic media reported on Thursday. [Read more...]
Emerging East Africa Energy Profile: Pace Of Exploration Activity Increasing

(EURASIA REVIEW) Although oil and natural gas exploration has been going on for decades in various East African countries, there has been limited success until recently. In the past there were doubts about the amount of recoverable resources in the region, along with regional and civil conflicts that presented challenges and risks to foreign companies. [Read more...]
Using solar power to pump oil

(SFGATE) In a remote stretch of the Omani desert, row after row of long, curved mirrors collect the sun’s energy. [Read more...]

