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Pemex lauds four new discoveries

on June 10, 2015

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June 11:

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East China Sea Territorial Dispute: Japan Resurfaces Protests Over China Gas Facility

• Your Window On The Future (Click Here) July 07: A Japan Coast Guard boat (front) and vessel sail as Uotsuri island, one of the disputed islands, called Senkaku in Japan and Diaoyu in China, is pictured in the background, in the East China Sea on Aug. 18, 2013. Reuters/Ruairidh Villar Japan’s Cabinet has expressed disapproval over China’s new ambitious gas project located in the East China Sea. Japan’s Chief Cabinet Secretary Yoshihide Suga said on Monday that China’s construction of a gas field development facility encroaches on disputed territory. “We have repeatedly protested against China’s unilateral gas development and have urged China to stop it,” Suga said according to the Japan Times . China first broke ground on the Huangyun I facility back in June 2013, becoming one of several projects that totaled $5 billion and caused a fury when it was placed near Japan’s proposed exclusive economic zone and an area of the East China Sea where claims between China

Alaska's loose definition of 'new' oil is bad public fiscal policy

June 06: Pictured: BP's Parker Rig 272, which is drilling into the Lisburne Reservoir at drill site L3 in Prudhoe Bay on Friday, May 22, 2015. Spanish oil corporation Repsol in partnership with Armstrong Oil of Denver has announced a “significant” discovery of “good quality” crude oil on Alaska's North Slope. Testing from 16 vertical and directionally drilled wells projects a structure covering 25,000 acres. It would appear as though SB 21, rebranded as the "More Alaska Production Act," is working like the Alaska Legislature’s oil caucus said it would. During the 2014 initiative to repeal SB 21, the oil caucus argued that significantly reducing Alaska oil taxes from the windfall-based ACES system would change the corporate bottom line resulting in more exploration and production. Unless you worry about hydrocarbon emission-caused global climate change, or the health and subsistence impact on the nearby villages, in this case Nuiqsut, what’s not to like

Oil prices increase slightly following positive U.S. payroll numbers.

By Arathy Somasekhar A container vessel navigates through Nakhodka Bay, near the oil terminal in the port city of Nakhodka, Russia on August 12, 2022. The photo is credited to Tatiana Meel of REUTERS HOUSTON, March 10 (Reuters) - Oil prices ticked up slightly on Friday following better-than-anticipated employment data from the United States, although both benchmarks were still expected to fall more than 4% for the week amid concerns over interest rate hikes. Brent climbed by 74 cents, or 0.9%, to $82.33 per barrel at 11:27 a.m. ET (16:27 GMT), while U.S. West Texas Intermediate (WTI) crude rose by 57 cents, or 0.8%, to $76.32. Expectations of further rate increases in the world's largest economy and in Europe have muddied the global growth outlook, causing both crude benchmarks to plummet approximately 4.5% this week, their largest decline since early February. Oil prices are experiencing volatility due to concerns over potential interest rate hikes by the Federal Reserve

Young Man Completes House, Installs Solar Panels on Roof for 24/7 Light

by Muyela Roberto Japhet Ruto Saturday, April 08, 2023 A young Nigerian man has got many people congratulating him on the success of building his house The man shared a video that captured the moment three solar panels were installed on his roof for self-generating electricity Many TikTokers who reacted to his video wished him well, as some prayed to achieve the same success A young Nigerian man, (@kanisuru7), shared a video of the house he completed. The moment he started the building project was captured on camera. The TikTok clip showed the moment the building was at the lintel level and woodwork for the roof was about to be done. After the roofing was done, he installed solar panels on it for constant electricity. A part of the building's exterior was tiled. It was also well-painted to bring out its beauty. The interior was also beautiful. The man congratulated himself and also wished himself a happy birthday. A part of the video showed him celebrating w

Completing Keystone Pipeline would ensure safest transport of oil

June 21: A national debate is raging concerning the proposed building of the Keystone XL Pipeline. It would carry crude oil from Canadian tar sands to the Texas shore of the Gulf of Mexico. The southern section of the pipeline, connecting Cushing, Oklahoma, and the Gulf, is complete and carrying oil. The planned northern leg of the pipeline would begin in Canada and connect to the southern leg. That would double the volume of oil exported from Canada. The total length of the pipeline would be about 1,660 miles. Pressured by a diverse assortment of environmental groups, President Barack Obama’s administration has placed construction of the northern section on hold, pending further decisions. The initial case against building the pipeline was the danger of an oil leak polluting the Ogallala aquifer. The body of water underlies the Great Plains and supplies drinking water for several states. It also contributes greatly to our abundance of food by irrigating a third of our farmland

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Pemex lauds four new discoveries

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