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COMEX and NYMEX World Oil Prices 2010
In augustus 2010, world oil prices fell once more, hitting near six-week lows after failing to sustain early gains won on the back of a weaker dollar. New York’s main contract, light sweet crude for delivery in October, dropped 68 cents to stand at $US73.14 a barrel. Brent North Sea crude for October shed 67 [...]
Tuesday, August 24th, 2010Petroleum Geo Services Explain Offshore Eastern Mediterranean
Petroleum Geo-Services explain why they think a new hydrocarbon province could open up offshore Cyprus and Lebanon in the next few years. With industry interest reawakened by recent deepwater, sub-salt gas finds offshore Israel, the eastern Mediterranean and Levantine Basin today loom large on the frontier exploration agenda. Offshore Cyprus and Lebanon are huge unexplored [...]
Thursday, March 4th, 2010