Daily Archives: July 1, 2012

Nexus halts trading ahead of Crux announcement

July 1, 2012
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Australia’s Nexus Energy said it expects to make an announcement shortly on the Crux offshore gas and condensate discovery off north-west Australia.

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Raisama picks up Cadlao stake

July 1, 2012
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Australia’s Raisama Energy has increased its interest the Cadlao oil development in the North-West Palawan basin, off the Philippines.

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Have Sanctions Against Iran Worked?

July 1, 2012
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In a word: “no”.The US State Department has been very adamant that the economic pressure they have been putting on Iran will force Iran to come to the negotiation table and abandon or modify their nuclear ambitions. Having said that, it looks like Teheran is not serious about negotiating until after the US elections in…

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Gazprom to set up Israeli unit – report

July 1, 2012
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“Oil and Gas Eurasia” reports that Gazprom’s Israeli subsidiary will focus on drilling as well as gas transmission from the country’s offshore fields.

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Tshuva again seeks to delist Delek Energy

July 1, 2012
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Delek Group today published a new offer to purchase for Delek Energy.

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Isramco confirms signs of gas at Shimshon well

July 1, 2012
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Production tests will begin shortly and will take 35 days.

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