Topic: Oil and Gas Exploration and Drilling
Total Gabon's profit plunges 63% in 2009
AFP Global Edition
Total Gabon, which is majority-owned by French oil giant Total, said Monday its profit plunged 63 percent in 2009 to 141 million dollars (103.5 million euros). The country's leading producer of crude said the drop was mostly due to the fall in world oil prices from 2008. However ...
Shell, PetroChina bid $3 billion for Australia's Arrow
Reuters US Online Report Business News
PERTH (Reuters) - Royal Dutch Shell <RDSa.L> and PetroChina <0857.HK> jointly bid more than $3 billion for Australia's Arrow Energy <AOE.AX>, marking a Chinese firm's first foray in the country's burgeoning coal-seam gas sector and sending Arrow's shares ...
South Korean gas company to develop in Canada
AP News
South Korean gas company to help develop EnCana-owned gas fields in British ColumbiaSouth Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays. Korea Gas Corp. has signed a three-year deal with Calgary-based gas giant EnCana Corp. for ...
Petrohawk Energy sells properties for $175 million
AP News
Petrohawk Energy to sell gas field and other properties for $175 millionOil and natural gas company Petrohawk Energy Corp. said Monday that it reached an agreement to sell an Oklahoma natural gas field and other properties for $175 million. The company did not disclose buyers for the West Edmond Hunton ...
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