Daily Archives: July 5, 2012

Bright signs at Paloma-3

July 5, 2012
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Australia’s Neon Energy has flowed gas during testing of the first of a number of potential gas bearing reservoirs in the Paloma-3 well in California’s onshore San Joaquin basin.

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WorleyParsons chief to step down

July 5, 2012
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Australian service provider WorleyParsons has announced its chief executive officer, John Grill, will step down from the role later this year.

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U.S. Arrogance Triples Fuel Prices for Troops in Afghanistan

July 5, 2012
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Most days, writing about energy issues is less interesting than watching paint dry, as a mind-numbing procession of barrels per day, investment infrastructure costs and bilateral memos of understanding make one wish that their current topics was Britney Spears.But every now and again, a news item illuminates the landscape like a star shell fired over…

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Business as Usual for Big Oil Despite Falkland Tensions

July 5, 2012
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While tensions between Britain and Argentina have been rising as a natural response to the 30th anniversary of the Falkland War, oil is the primary driver of a renewed Falkland dispute that will determine the fate of tens of billions of dollars in black gold.At the same time, while Argentine President Cristina Kirchner and British…

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Cities that are Paving the Way for an EV Revolution

July 5, 2012
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Sixteen cities around the world have set a cumulative target to sell almost six million electric and plug in hybrid electric vehicles by 2020. If they reach this goal, EVs would account for about 6% of total vehicle sales and about 20 million cars on the road.A new report called the EV City Casebook highlights…

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Oil up on Norway supply woes

July 5, 2012
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Brent crude oil futures rose on Thursday, ending at a five-week high on worries about tighter supplies following a lockout of striking oil workers in Norway and hopes that some policy-easing steps by some central banks would improve oil demand.

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