Hot News category
Hot news about energy include crude oil, gas and oil exploration also trading, market, data, chart, investment and prices of oil, natural gas, petroleum, energy from category hot news.
ERHC EnerCom Oil and Gas360 Discusse Exploration in Gulf Guinea
Sunday, November 7th, 2010Favoritearea.com – EnerCom, Inc. today announced Mr. Peter C. Ntephe, chief executive officer of ERHC Energy Inc was interviewed by EnerCom’s Oil & Gas 360® (www.oilandgas360.com). Mr. Ntephe discusses the company’s exploration strategy in West Africa and identifies its asset development in the Gulf of Guinea. The interview transcript is posted on www.oilandgas360.com/media.htm and is [...]
Tags:enercom, erhc, gulf of guinea, oil and gas 360, oil company, oil drilling
Oil Company Interest Return to Oil Rich in Gulf Mexico
Sunday, November 7th, 2010Moratorium on drilling for oil in the Gulf of Mexico has been lifted, companies interesting in returning to the oil-rich region aren’t rushing to do so. The reason, top industry representatives say, is the uncertainty of what demands will be placed on them by the federal government. Companies welcome tighter safety requirements but still are [...]
Tags:gulf of mexico, mexico oil, oil company drilling, oil moratorium, oil rich, well drilling
Majors Oil sells stakes in Southern Nigeria Oil Zone
Friday, October 29th, 2010Three oil majors have sold their stakes in Nigeria’s southern oil zone to a Nigerian operator, a deal that many in the industry attribute to concerns about mounting political instability in Africa’s most populous nation. The sale, for an undisclosed sum, reflected growing unease among the foreign oil companies which have dominated Nigerian production for [...]