Venezuela will demand that oil companies pay an high premium of between $500 million and $1 billion to participate in the development of the Carabobo oil block in the OPEC nation’s giant Orinoco heavy crude belt. For full story, click here
Continue reading "Venezuala has set minimum $500 mln premium for Carabobo"
Thursday, June 25, 2009
Alberta Premier Ed Stelmach will declare natural gas drilling incentives Thursday as the industry struggles with depressed prices and increased shale gas development south of the border. For full story, click here
Continue reading "New Natural Gas drilling incentives in the cards for Alberta"
Wednesday, June 3, 2009
Abdulaziz Al-Judaimi, vice president new business development for Saudi Aramco has reinforced the state-energy giant’s commitment to investing strongly in Saudi Arabia’s domestic petrochemical’s industry at the World National Oil Companies Congress in Abu Dhabi. Al-Judaimi stated: Saudi Aramco remains committed to an investment programme covering all of its operational areas. We will expand our [...]
Continue reading "Aramco has committed itself to downstream"
Thursday, April 23, 2009
U.K. Chancellor of the Exchequer Alistair Darling declared that he will introduce tax incentives to encourage the development of smaller oil and gas fields in the North Sea with the aim of squeezing an extra 2 billion barrels equivalent out of the rapidly declining region. For full story, click here
Continue reading "U.K Govt. aimed to boost Oil and Gas Devt. with Tax Cuts"
HeavyOilInvestingNews.com maintains a focus on Heavy Oil exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Heavy Oil Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on heavy oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Friday, July 3, 2009