Provides the latest RSS feeds for Oil and Gas News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Central Asia Times.com http://www.centralasiatimes.com/index.php/cat/bef2bf598e76a3e6/ en-us Fri, 24 May 2013 16:56:58 -0400 Fri, 24 May 2013 16:56:58 -0400 30 Brazil's first auction of contracts to develop offshore oil and gas reserves in the pre-salt region will be held in October, or earlier than previously scheduled, the government said Thursday. The government's National Council for Energy Policy authorized the change. Rights to develop blocks in the Libra field, which is estimated to hold between 8-12 billion barrels of recoverable oil, will be ... http://www.centralasiatimes.com/index.php/sid/214731630/scat/bef2bf598e76a3e6 Fri, 24 May 2013 02:10:01 -0400 http://www.centralasiatimes.com/index.php/sid/214731630/scat/bef2bf598e76a3e6 May 24, 2013 /CNW/ - Over the next 18 months, solar energy and demand response will have a growing and noticeable impact on the Ontario power grid, working to reduce summer peaks and help meet the province's overall energy needs, said the Independent Electricity System Operator (IESO) in its latest 18-Month Outlook. By the end of 2014, almost 1,900 megawatts (MW) of solar generation and ... http://www.centralasiatimes.com/index.php/sid/214745182/scat/bef2bf598e76a3e6 Fri, 24 May 2013 15:17:35 -0400 http://www.centralasiatimes.com/index.php/sid/214745182/scat/bef2bf598e76a3e6 May 24, 2013 /CNW/ - First Mountain Exploration Ltd. (FMX on TSX.V) (the "Company") announces that it has obtained TSX Venture Exchange Inc. (the "Exchange") approval to reprice and extend the expiry date of 3,093,500 share purchase warrants ("Warrants") of the Company which were issued ... http://www.centralasiatimes.com/index.php/sid/214743876/scat/bef2bf598e76a3e6 Fri, 24 May 2013 14:06:02 -0400 http://www.centralasiatimes.com/index.php/sid/214743876/scat/bef2bf598e76a3e6 Russia will provide 1.7 billion euros to finance the construction of Serbia's stretch of the South Stream gas pipeline that will carry Russian natural gas through the Black Sea to Bulgaria and then on to Greece, Italy and Austria, President Vladimir Putin said on ... http://www.centralasiatimes.com/index.php/sid/214742344/scat/bef2bf598e76a3e6 Fri, 24 May 2013 12:52:18 -0400 http://www.centralasiatimes.com/index.php/sid/214742344/scat/bef2bf598e76a3e6 Fifteen touch-screen smartphones to consider below Rs 15,000 Within the huge list, we take a look at fifteen touch-screen smartphones that have been ... http://www.centralasiatimes.com/index.php/sid/214742345/scat/bef2bf598e76a3e6 Fri, 24 May 2013 12:37:47 -0400 http://www.centralasiatimes.com/index.php/sid/214742345/scat/bef2bf598e76a3e6 Saboteurs blew up part of Yemen's main Marib-Ras Isa oil pipeline Friday, halting the flow of crude, the country's defense ministry said. Subversive elements blew up the pipeline in Serwah district in central Maarib province east of the capital, the ministry said in a statement posted on its website. The pipeline carries about 120,000 barrels of oil a day from the Marib fields to Ras ... http://www.centralasiatimes.com/index.php/sid/214740266/scat/bef2bf598e76a3e6 Fri, 24 May 2013 11:52:08 -0400 http://www.centralasiatimes.com/index.php/sid/214740266/scat/bef2bf598e76a3e6 May 24, 2013 /CNW/ - High Arctic Energy Services Inc. (TSX: HWO) ("High Arctic" or the "Corporation") is pleased to announce that it has made the necessary filings, and received the necessary approvals to conduct a normal course issuer bid ("NCIB") through the facilities of ... http://www.centralasiatimes.com/index.php/sid/214738388/scat/bef2bf598e76a3e6 Fri, 24 May 2013 09:48:38 -0400 http://www.centralasiatimes.com/index.php/sid/214738388/scat/bef2bf598e76a3e6 SANAA (Reuters) - Attackers blew up Yemen's main oil export pipeline on Friday, halting the flow of crude, the government and industry sources said. "Subversive elements" in Serwah in central Maarib province had blown up the pipeline, which leads to the Red Sea, at dawn on Friday, the Defence Ministry said in a statement. The Arabian Peninsula state, which relies on crude exports ... http://www.centralasiatimes.com/index.php/sid/214737565/scat/bef2bf598e76a3e6 Fri, 24 May 2013 08:55:45 -0400 http://www.centralasiatimes.com/index.php/sid/214737565/scat/bef2bf598e76a3e6 May 24, 2013 /CNW/ - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce that Cuisinier 11 ("Cuisinier 11"), the fourth well in the 2013 Cuisinier appraisal drilling campaign on the Barta sub-block portion of Authority to Prospect ("ATP") 752P in the Cooper-Eromanga Basin, in ... http://www.centralasiatimes.com/index.php/sid/214736755/scat/bef2bf598e76a3e6 Fri, 24 May 2013 07:58:44 -0400 http://www.centralasiatimes.com/index.php/sid/214736755/scat/bef2bf598e76a3e6 May 24, 2013 /CNW/ - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSX-V: MXX) announces financial results for the first quarter 2013. HIGHLIGHTS OF MATRRIX FIRST QUARTER 2013 (COMPARED WITH FIRST QUARTER ... http://www.centralasiatimes.com/index.php/sid/214736091/scat/bef2bf598e76a3e6 Fri, 24 May 2013 07:05:58 -0400 http://www.centralasiatimes.com/index.php/sid/214736091/scat/bef2bf598e76a3e6 May 24, 2013 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.09 per share will be payable ... http://www.centralasiatimes.com/index.php/sid/214735317/scat/bef2bf598e76a3e6 Fri, 24 May 2013 06:13:24 -0400 http://www.centralasiatimes.com/index.php/sid/214735317/scat/bef2bf598e76a3e6 May 24, 2013 /CNW/ - InterOil Corporation (NYSE:IOC) (POMSoX:IOC) and its joint venture partner, Pacific LNG Group, have entered into exclusive negotiations with ... http://www.centralasiatimes.com/index.php/sid/214733346/scat/bef2bf598e76a3e6 Fri, 24 May 2013 04:58:37 -0400 http://www.centralasiatimes.com/index.php/sid/214733346/scat/bef2bf598e76a3e6 Britain came within six hours of running out of natural gas in March, according to a senior energy official, highlighting the risk of supply shortages amid declining domestic production and a growing reliance on imports. "We really only had six hours' worth of gas left in storage as a buffer," said Rob Hastings, director of energy and infrastructure at the Crown Estate, the ... http://www.centralasiatimes.com/index.php/sid/214732168/scat/bef2bf598e76a3e6 Fri, 24 May 2013 03:20:53 -0400 http://www.centralasiatimes.com/index.php/sid/214732168/scat/bef2bf598e76a3e6 Dmitry Medvedev to revoke an intergovernmental agreement to transport oil through the Baku-Novorossiysk pipeline was purely a business decision. "Any deterioration in relations between the two countries is out of the question," Lavrov said. The decision to end the Baku-Novorossiysk transport agreement came as Russia is preparing to vacate its Soviet-era Gabala radar station in ... http://www.centralasiatimes.com/index.php/sid/214730715/scat/bef2bf598e76a3e6 Fri, 24 May 2013 00:19:22 -0400 http://www.centralasiatimes.com/index.php/sid/214730715/scat/bef2bf598e76a3e6 API oil at an average rate of more than 800 barrels of oil per day ("bopd") from the Mirador Formation. The Curiara-1 exploration well produced on test under natural flow conditions light oil ... http://www.centralasiatimes.com/index.php/sid/214729622/scat/bef2bf598e76a3e6 Thu, 23 May 2013 22:51:52 -0400 http://www.centralasiatimes.com/index.php/sid/214729622/scat/bef2bf598e76a3e6 U.S. crude futures dropped to around $94 a barrel on Friday after disappointing China data and on lingering concerns the U.S. Federal Reserve would curb its stimulus program. ... http://www.centralasiatimes.com/index.php/sid/214729079/scat/bef2bf598e76a3e6 Thu, 23 May 2013 22:00:31 -0400 http://www.centralasiatimes.com/index.php/sid/214729079/scat/bef2bf598e76a3e6 Jane.Munday@fticonsulting.com Aurora Oil & Gas LimitedABN 90 008 787 988 HEAD OFFICE Level 20, 77 St. Georges Terrace, Perth, WA 6000, Australia GPO Box 2530 Perth, WA 6001, Australia t +61 8 9440 2626,f +61 8 9440 ... http://www.centralasiatimes.com/index.php/sid/214728263/scat/bef2bf598e76a3e6 Thu, 23 May 2013 20:57:06 -0400 http://www.centralasiatimes.com/index.php/sid/214728263/scat/bef2bf598e76a3e6 The Green Party will bid in a tender for oil and gas exploration to try to protect New Zealand waters from a Gulf of Mexico-like oil spill disaster. Bidding for Block Offer 2013, the non-financial tendering process for oil and gas exploration permits for a 189,000 square kilometres offshore area, with depths of up to 2000 metres, begins today. Onshore blocks in Taranaki, the North Island's east ... http://www.centralasiatimes.com/index.php/sid/214736754/scat/bef2bf598e76a3e6 Thu, 23 May 2013 20:06:24 -0400 http://www.centralasiatimes.com/index.php/sid/214736754/scat/bef2bf598e76a3e6 Stones field development. Stones is an ultra deepwater project located in the Walker Ridge area of the Gulf of Mexico, approximately 200 miles (322 kilometers) off the Louisiana coast in approximately 9,600 feet (2,926 meters) of water. FMC Technologies' scope of supply includes eight subsea trees, a subsea manifold, topside and subsea controls and associated equipment. "Deepwater ... http://www.centralasiatimes.com/index.php/sid/214727048/scat/bef2bf598e76a3e6 Thu, 23 May 2013 19:59:54 -0400 http://www.centralasiatimes.com/index.php/sid/214727048/scat/bef2bf598e76a3e6 May 23, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) is pleased to announce that at its annual meeting of shareholders ... http://www.centralasiatimes.com/index.php/sid/214727169/scat/bef2bf598e76a3e6 Thu, 23 May 2013 19:45:11 -0400 http://www.centralasiatimes.com/index.php/sid/214727169/scat/bef2bf598e76a3e6 May 23, 2013 /PRNewswire/ -- Midwest Energy Emissions Corporation (MEEC) today announced that the Company's Board of Directors has been increased from three to five directors and the Board has ... http://www.centralasiatimes.com/index.php/sid/214725896/scat/bef2bf598e76a3e6 Thu, 23 May 2013 18:47:26 -0400 http://www.centralasiatimes.com/index.php/sid/214725896/scat/bef2bf598e76a3e6 CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The hurricane forecast is for 7 to 11 hurricanes this season, which could be bullish for the energy markets. Nat gas was up on the day because storage levels rose less than ... http://www.centralasiatimes.com/index.php/sid/214722919/scat/bef2bf598e76a3e6 Thu, 23 May 2013 16:10:21 -0400 http://www.centralasiatimes.com/index.php/sid/214722919/scat/bef2bf598e76a3e6 Fish body oil supplements modestly increase amounts of a hormone associated with lower risk of type 2 diabetes and heart disease, U.S. researchers say. "While prior animal studies found fish oil increased circulating adiponectin, similar effects in humans was not established," lead author Jason Wu of the Harvard School of Public Health said in a statement. "By reviewing evidence ... http://www.centralasiatimes.com/index.php/sid/214723026/scat/bef2bf598e76a3e6 Thu, 23 May 2013 15:42:18 -0400 http://www.centralasiatimes.com/index.php/sid/214723026/scat/bef2bf598e76a3e6 Thu May 23, 2013 3:16pm EDT May 23 (Reuters) - BP PLC : * Is sued by commodity trading firm over alleged price fixing in brent crude oil prices and futures contracts -- court filing * Lawsuit filed by Chicago-based prime international trading ltd also names Royal Dutch Shell Plc Statoil ASA as defendants * Lawsuit accuses defendants of reporting inaccurate, misleading and false information ... http://www.centralasiatimes.com/index.php/sid/214722757/scat/bef2bf598e76a3e6 Thu, 23 May 2013 15:16:59 -0400 http://www.centralasiatimes.com/index.php/sid/214722757/scat/bef2bf598e76a3e6 Syncrude Canada Ltd.'s oil sands processing facility stands in Fort McMurray, Alberta, pictured Tuesday, June 29, 2010. Canada's oil sands, a mixture of sand, clay, water and a heavy oil called bitumen, contain the world's second largest proven concentration of crude oil reserves at about 170 billion barrels. In a report released Oct. 4, 2012, Syncrude was proven not responsible ... http://www.centralasiatimes.com/index.php/sid/214717974/scat/bef2bf598e76a3e6 Thu, 23 May 2013 12:32:43 -0400 http://www.centralasiatimes.com/index.php/sid/214717974/scat/bef2bf598e76a3e6 May 23, 2013 /CNW/ - Foraco International SA (the "Company" or "Foraco"), a leading global provider of mineral drilling services, held its general shareholders' meeting yesterday ... http://www.centralasiatimes.com/index.php/sid/214716529/scat/bef2bf598e76a3e6 Thu, 23 May 2013 11:00:05 -0400 http://www.centralasiatimes.com/index.php/sid/214716529/scat/bef2bf598e76a3e6 RIO DE JANEIRO - Brazil will hold its first auction of pre-salt oil exploration acreage under the country's new production-sharing regime in October, one month earlier than expected. Brazil's National Energy Policy Council, or CNPE, announced the decision in Thursday's Federal Register. The first area up for bidding will be the Libra prospect, which local regulators estimate could ... http://www.centralasiatimes.com/index.php/sid/214715052/scat/bef2bf598e76a3e6 Thu, 23 May 2013 10:02:33 -0400 http://www.centralasiatimes.com/index.php/sid/214715052/scat/bef2bf598e76a3e6 Thu May 23, 2013 10:00am EDT * Government has become a supporter of shale gas * Romania among least dependant on Russian gas By Ioana Patran BUCHAREST, May 23 (Reuters) - Romania will soon launch tenders to expand shale gas exploration after Chevron took the lead this month as the government seeks to reduce dependence on costly imports, the energy minister said on Thursday. "The mineral ... http://www.centralasiatimes.com/index.php/sid/214716531/scat/bef2bf598e76a3e6 Thu, 23 May 2013 10:00:25 -0400 http://www.centralasiatimes.com/index.php/sid/214716531/scat/bef2bf598e76a3e6