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Exxon, China sign $41 billion Australian gas deal Reuters reports that Australia and China have struck their biggest trade deal, as the world's two most valuable listed oil companies, Exxon Mobil Corp and PetroChina, reached a $41 billion liquefied natural gas agreement. Topix.netCairn India, ONGC To Invest $4 Billion In Rajasthan Fields, India Cairn India Limited (Cairn India) and Oil & Natural Gas Corporation Limited (ONGC) will together invest $4 billion (INR200 billion) to increase production capacity of Barmer oil fields in Rajasthan by 25,000 barrels of oil per day (bopd) to 0.2 million bopd, Economic Times reported. Previously, the production targets were revised from 0.15 million bopd to 0.18 million bopd. Both the companies will share the investment in the ratio of 70:30 in line with their stakes in the oil fields. Energy-business-review.comPacmag Metals Discovers Uranium Mineralization At Church Deposit, North Dakota, US PacMag Metals Limited (PacMag Metals) has reported that a single column leach metallurgical test has returned positive results for the potential recovery of uranium and molybdenum from the company's Church uranium germanium, molybdenum deposit in North Dakota, US. The Church deposit was the first area drill tested within the Sentinel Project, and represents only a small portion of the total prospective project area. Energy-business-review.comJKX Oil & Gas Kicks Off Gas Production From Hajdúnánás-1 Field In Hungary JKX Oil & Gas plc (JKX Oil & Gas) announced the commencement of commercial gas production from the Hajdúnánás field in north east Hungary. The field has come on-stream at an initial rate of 3.5 MMcfd from the Hajdúnánás-1 well, following its initial discovery in August 2008. The Hajdúnánás-2 well is scheduled to come on-stream within one month and, together, production is expected to increase to around 8.5 MMcfd. Energy-business-review.comChina seals biggest trade deal with Aussie CHINA and Australia struck their biggest trade deal ever yesterday as the world's two most valuable listed oil companies, Exxon Mobil and PetroChina, agreed a US$41 billion liquefied natural gas deal. Topix.netPetrovietnam To Construct $1 Billion Gas Pipeline In Vietnam Vietnam Oil and Gas Group (Petrovietnam) will invest about $1 billion to lay a 398-kilometer gas pipeline in the country's south, VNBusinessNews reported. The new pipeline will deliver between 16 and 18 million cubic meters of gas a day from a field off the southwest coast to power plants in the southern province of Can Tho. Vietsovpetro JVC, a Vietnam-Russia oil and gas joint venture, will begin construction of the new gas link in 2009. Energy-business-review.comOil prices jump on surprise draw down of U.S. supply The Energy Information Administration said crude in storage fell by 8.4 million barrels last week. Gasoline held in storage fell as well, but the draw down in crude was the big surprise. Houston ChronicleRussia tackles Siberia oil slick Pollution from a blast at Russia's largest hydro-electric power station kills fish and spreads down a major Siberian river. BBCSuccessful Completion Of First Riser-drilling Operations In Earthquake Zone The deep-sea drilling vessel CHIKYU, for the first time in the history of scientific ocean drilling, conducted riser-drilling operations to drill successfully down to a depth of 1,603.7 meters beneath the seafloor (at water depth of 2,054 meters). The CHIKYU is drilling deep into the upper portion of the great Nankai Trough earthquake zone to gain insights into geological formations and stress-strain characteristics. Science dailyNew method for gene expression experiments akin to watercolor painting in water [NEWS] ANN ARBOR, Mich.—Like oil and water, two water-based liquids can mingle without mixing in a new University of Michigan technology developed for biological experiments. <a href=”http://umich.edu/news/Releases/2009/Aug09/UMICH.jpg” title=”University of Michigan research demonstrate their technique for sketching experiments on a canvas of live cells by writing “UMICH” with a flu… LifeSciencesWorld.com1 2 |
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