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Poland is estimated to be a storehouse of more than 146,000 billion cubic feet of shale gas along with 1,800 million barrels of shale oil, per the U.S. Energy Administration.
An oil pump works at sunset March 7, 2013, in the desert oil fields of Sakhir, Bahrain.
This deal assures more investment capital and reaffirms the continuity of Chevron's production plans in Argentina.
Even the most stalwart of proponents of corporate benevolence are occasionally forced to concede that no major multinational corporation is above a certain level of malfeasance, especially when it comes to the petroleum industry.
That was the day when, in the heat of the election campaign, NDP leader Adrian Dix announced in Kamloops that he doesn't support the expansion of the Trans Mountain oil pipeline to its Burnaby terminal, because Vancouver shouldn't become a "major oil port."
Port Director Mark McAndrews tells The Sun Herald the money will be used to upgrade an under-utilized wharf so that it will be able to handle liquid bulk cargo for a new shipper.
Marginal fields' operators are yet to make significant impact on Nigeria's crude oil production, as they accounted for 2.26 per cent of Nigeria's total crude production in December 2013, dropping by 12.53 per cent from November's crude production.
Arson investigators appear to be narrowing their search today for the suspect responsible for setting a massive blaze last week that destroyed most of the San Pedro Elks Lodge.
Oil pumps work in the desert oil fields of Sakhir, Bahrain, Nov. 29, 2012. THE CANADIAN PRESS/AP, Hasan Jamali The price of oil edged higher Monday and stayed above US$104 per barrel as investors watched the simmering tensions in Ukraine.
When investors think of "secular growth," the pictures that comes to mind often include tech companies, big biotechs, and new, regional chain restaurants ready to go national.
Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is Chevron Corporation .
If you had to pick one as an investment, though, which would be the better choice for both income and growth? Searching for growth It's no secret that both Exxon and Chevron struggled to grow during 2013, and this has worried investors.
The number of Americans who believe U.S. oil should be kept on U.S. soil to lower gasoline prices rose in the last four months, a new Reuters/Ipsos poll said in late March.
Unusually severe winters can be both a blessing and a curse for the energy industry.
Some things aren't meant to last, like Total's shale gas exploration license in Poland.