Topic: Oil and Gas Exploration and Drilling
Korea Gas signs major deal in Canada: report
AFP Global Edition
South Korea's state-run Korea Gas has won a 1.1-billion-dollar deal to jointly develop natural gas fields in Canada with Canadian gas firm Encana, a news report said Sunday. Korea Gas has acquired a combined 50-percent stake in three Encana oil fields in northeast British Columbia under the deal ...
Retail and generation boosts profits for Australia's Origin
AFP Asian Edition
Australia's Origin Energy Thursday booked a 28 percent increase in half-year underlying profit to 355 million dollars (317 million US) on retail earnings and expanded electricity generation capacity. Despite overall profit plunging 94 percent to 371 million dollars on-year, Origin said the previous record result of 6.66 billion ...
Sector Wrap: Shares of oil, gas companies climb
AP News
Shares of oil and gas exploration companies higher after Goldman Sachs reportShares of oil and gas exploration companies EXCO Resources, Bucyrus International Inc. and EOG Resources moved higher Wednesday after Goldman Sachs' added EXCO and Bucyrus to a list of recommended stocks and upgraded EOG Resources. Goldman analyst Jerry Revich ...
Indonesia warns oil output falls on environment rule
Reuters Environmental Online Report
JAKARTA (Reuters) - Indonesia's oil production, which has slumped in recent years, could be hit by new environment laws in Southeast Asia's biggest economy, a senior official in the energy ministry said on Wednesday. Indonesia has said it would produce 965,000 barrels per day (bpd) of crude oil ...
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