Oil Reserves
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Dhaka, May 20 (bdnews24.com)—State-run oil-gas exploration company BAPEX has found fresh reserves of oil at Kailashtila and Haripur oil fields in Sylhet. Petrobangla Chairman Hossain Mansur made the announcement at a press briefing at his office at ...
May 20, 2012 at 12:42 | Source: Bangladesh News 24 hours
The country, a member of the Organization of the Petroleum Exporting Countries (OPEC), has the world's fourth largest oil reserves and can offer some of the last potentially rich unexplored territories after its energy sector was left under ...
May 28, 2012 at 16:50 | Source: Reuters UK
TEHRAN - Increasing the recovery coefficient of existing oil reserves by one percent annually will raise Iran's worth of reserves by $100 billion by March 2016, Oil Minister Rostam Qasemi said.The total volume of existing crude oil reserves is estimated at ...
May 26, 2012 at 13:11 | Source: Zawya.com
Indonesia’s oil output has fallen steadily from 1.5 million barrels per day (bpd) in 1999 to 1.25 million bpd in 2002 and is now as low as 881,000 bpd, with the country being a net oil importer since 2004. This sorry development has been ...
May 25, 2012 at 16:46 | Source: Jakarta Post
At this weekend’s meeting of the leaders of the G8 countries (the US, the UK,Germany, Japan, Canada, Italy, France, and Russia) at Camp David, President Obama is expected to raise the issue of selling crude oil from strategic reserves in a ...
May 18, 2012 at 17:59 | Source: 24/7 Wall St.
DHAKA, Bangladesh -- Bangladesh has discovered oil in two old gas fields in the country's northeastern region with an extractable reserve worth $5.5 billion, the chairman of state-owned Petrobangla said Monday. Hussain Monsur said the two finds ...
May 21, 2012 at 09:49 | Source: NASDAQ
BOGOTA – Colombia's proven oil reserves climbed 10% last year compared with 2010, but the government says more is needed and is urging companies to spend more on exploration. According to data released late Thursday from the government's oil ...
May 18, 2012 at 12:30 | Source: FOXBusiness
Kazakhstan holds 3 pct of world's recoverable oil reserves PARIS May 29 (Reuters) - The massive Kashagan field in Kazakhstan must start producing before the end of the year, Total's Chief Executive Officer Christophe de Margerie said on Tuesday.
May 29, 2012 at 10:22 | Source: Reuters UK
Overestimating oil and gas reserves has the potential to cause significant damage to companies’ financial security. Recent cases from the UKCS and beyond have shown that this is a very real scenario, with far-reaching consequences, particularly if ...
May 29, 2012 at 07:59 | Source: Oilvoice.com
Bangladesh has discovered oil in two old gas fields in the country's northeastern region with an extractable reserve worth $5.5 billion, the chairman of state-owned Petrobangla said Monday. Hussain Monsur told AFP the two finds at Kailashtila ...
May 21, 2012 at 15:25 | Source: india.nydailynews.com