Daily Archives: May 13, 2012

Noble Energy denies plans to sell Cyprus’s Block 12

May 13, 2012
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Noble Energy may quit the Cypriot oil and gas exploration market, after it unexpectedly decided not to bid for new offshore licenses on Friday.

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Noy Infrastructures fund invests in 5 Arava Power solar farms

May 13, 2012
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The new solar energy projects have already obtained approval for their electricity rates from the Public Utilities Authority.

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Delek applies for Cypriot licenses with oil majors

May 13, 2012
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Delek units Avner and Delek Drilling have teamed with Italy’s Enel Trade, France’s Edison International, and Australia’s Woodside Energy

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Argentina Counting Cost of Nationalizing YPF

May 13, 2012
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One of the most feared words in every oilman’s lexicon is “nationalization.” On 16 April Argentinean President Cristina Fernandez de Kirchner did exactly that with the energy firm Yacimientos Petroliferos Fiscales (YPF), introducing legislation for the partial renationalization of the firm, under which the state would purchase a 51 percent share, with the national government controlling…

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Washington Not Equipped to Deal with Yemen

May 13, 2012
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As the US launches airstrikes on al-Qaeda targets in Yemen after a thwarted suicide bombing attempt on a US-bound flight, we are about see exactly how ill-equipped Washington is to deal with the complexities that are shaping the conflicts in Yemen. Unlike the attempted bombing of a US-bound aircraft on Christmas Day 2009, when a…

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America’s Horizontal Drilling Technology will Transform the World

May 13, 2012
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The success of unconventional oil and gas production from shale formation is reshaping the US energy industry and may yet prove to be a major factor pulling US GDP growth up off the floor. Comparing the relative performance of the conventional and unconventional oil and gas sectors of the industry is a study in contrasts.…

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