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| 09 Sep 10 |
Karoon takes first step in listing South American assets
Australia's Karoon Gas has filed a draft prospectus and reference form with the Brazilian securities regulator. This is the first step in the process to conduct an initial public offering of its common shares. |
| 08 Sep 10 |
Bolivia: Total and BG Group to develop Itau gas field
Total and BG Group will start production in 2011 at their Itau natural gas field in Bolivia, and most of its output will be exported to Argentina, state-run energy company YPFB said on Wednesday. |
| 08 Sep 10 |
Colombia: Ecopetrol finds gas in well in Northeast Province
Ecopetrol has found gas in the Oripaya 1 well, located close to the border with Venezuela. The well tested 6.6 million cubic feet of gas a day, the company said in a statement. |
| 08 Sep 10 |
Trinidad: BG and Centrica bid for Trinidad's energy blocks
BG Group and Centrica were among several companies offering bids for five shallow-water blocks that the Trinidad and Tobago government closed on Wednesday, the energy minister said. |
| 08 Sep 10 |
Brazil: Shell to sell stakes in offshore oil blocks
Shell has confirmed plans to sell its stake in four Brazilian offshore blocks, including a field in the vast deepwater subsalt region. The company said it would sell its stakes in the BS-4, BM-S-8, BM-S-45 and BM-ES-28 blocks. |
| 08 Sep 10 |
GoM: Marathon ramps up production on deepwater GoM Droshky development
Marathon Oil Corp has provided an update today on its Droshky development in the deepwater Gulf of Mexico, which began operations on time and under budget on July 15 2010. |
| 08 Sep 10 |
GoM: BP releases report on causes of Gulf of Mexico tragedy
No single factor caused the Macondo well tragedy. Rather, a sequence of failures involving a number of different parties led to the explosion and fire which killed 11 people and caused widespread pollution in the Gulf of Mexico earlier this year. |
| 08 Sep 10 |
US: Nighthawk Energy provides operational update of its Jolly Ranch and Revere projects
Nighthawk Energy, the US focused hydrocarbon development and production company, has provided an operational update in respect of the Jolly Ranch and Revere projects. Gross production reached record highs of 8,200 bbls in August. |
| 08 Sep 10 |
US: LINN Energy to acquire properties in the Wolfberry trend of the Permian Basin
LINN Energy has signed three definitive purchase agreements to acquire oil and natural gas properties located in the Wolfberry trend of the Permian Basin for a combined price of $352.2 million |
| 08 Sep 10 |
GoM: BP probe to spread blame for spill
BP's internal probe of the April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the well's operations, The Wall Street Journal reported on Tuesday. |
| 07 Sep 10 |
BP to publish Deepwater Horizon accident investigation report Wednesday
The Deepwater Horizon accident investigation report prepared by BP's internal investigation team on the causes of the Gulf of Mexico tragedy, is expected to be published Wednesday at 1200 BST / 0700 EDT. |
| 07 Sep 10 |
Peru says south may hold new natural gas reserves
Peru's petroleum agency said on Monday the south of the country could be home to another 30 trillion cubic feet (TCF) of natural gas, which would more than double the country's current proven gas reserves. |
| 07 Sep 10 |
US looking at cutting tax breaks for energy companies
The Obama administration is considering closing tax breaks for oil and gas companies to help pay for a $50 billion infrastructure revamp plan, an administration official said on Monday. |
| 06 Sep 10 |
Brazil extends sovereignty over oil drilling before UN border approval
Brazil expanded the offshore area where drilling for crude or prospecting for minerals requires government authorization as it seeks to increase control over natural resources. |
| 06 Sep 10 |
Falklands: Rockhopper begins testing of the Sea Lion 14/10-2 discovery well
Rockhopper Exploration has announced that the Ocean Guardian drilling rig is at the location of the Sea Lion 14/10-2 discovery well and that operations to carry out a flow test on the Sea Lion main and lower fans are underway. |
| 06 Sep 10 |
US: BP restarts sale of Alaska assets
BP has revived the sale of its Alaska assets after failing to offload them to U.S. oil and gas company Apache in July. |
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