Depictions of the oil industry often involve images of geysering derricks, boisterous Texans and ultra-wealthy Arab sheikhs. Though these stereotypes have some element of truth in them, they conceal more than they illuminate about hydrocarbons in the 21st century. Conventional oil will remain the cornerstone of our energy economy into the forseeable future, but high [...]
If you are like many people, the last time you read about commodities in the news was when Bre-X Minerals collapsed in 1997, after news broke that the company had falsified results and the gold they had reported was nowhere to be found. Thousands of investors all over the world lost billions of dollars and [...]
Overview Deloro Resources Ltd is a young, emerging junior oil and gas company with a unique corporate vision. The company has chosen to acquire projects that are considered depleted yet still have substantial oil left in the ground that was not recoverable using conventional methods. Deloro will then apply an Enhanced Oil Recovery system and [...]
By Duncan Sutherland – Exclusive to Heavy Oil Investing News The heavy oil sector has seen renewed interest lately as prices for July delivery of light sweet crude hit $134.22 on the New York Mercantile Exchange. A potential oil workers’ strike in Nigeria and combative rhetoric from Iran have contributed to the climbing price. With [...]
Monday, June 30, 2008