Subscribe free to our newsletters via your
. Medical and Hospital News .




OIL AND GAS
Angola's potential 'enormous,' U.S. Secretary of State Kerry says
by Daniel J. Graeber
Luanda, Angola (UPI) May 5, 2013


Auction for Egyptian energy blocks set for July
Cairo (UPI) May 5, 2013 - The state-owned natural gas company in Egypt announced it extended a deadline for bids to explore eight license areas to July.

State-owned Egyptian Natural Gas Holding Corp. announced Sunday nearly two dozen licenses would be put on the auction block in July, rather than in May when originally planned.

The company offered no reason for the extension.

Energy companies have been reluctant to invest in Egypt since the 2011 revolution. Though staying on as the operator, U.S. energy explorer Apache Corp. last year sold a 33 percent share in its oil and gas business in Egypt to Sinopec, known formally as China National Petroleum Corp.

Last week, British company BG Group said it had questions about the durability of its Egyptian operations because the Egyptian government was taking on more natural gas than expected.

Egyptian militants last year targeted vital gas infrastructure in the Sinai Peninsula and the country's military has since ramped up its patrols offshore to protect key transit routes in the Suez Canal.

Some of the biggest energy companies in the world are in Angola to the benefit of the nation's economy, U.S. Secretary of State John Kerry said.

Kerry arrived Sunday in Angola during his tour of African nations, and met there with representatives from Chevron, Exxon Mobil and ConocoPhillips to hear their energy strategies in the country.

Chevron, a new player in the Angolan energy sector, has already created more than 3,000 jobs in the country, the secretary said.

"We're standing in a place of enormous economic activity with great promise for future economic growth and development," he said in a statement.

Last month, French energy company Total said it would invest $16 billion in development the Kaombo oil project off the Angolan coast.

The field, which has an estimated 650 million barrels of reserves, should produce 230,000 barrels of oil per day for Angola once operations begin.

Angola is a member of the Organization of Petroleum Exporting Countries. It has 9 billion barrels of proven crude oil reserves and produces on average 1.7 million bpd.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ENERGY TECH
UEA research shows bacteria can combat dangerous gas leaks
Norwich, UK (SPX) Apr 30, 2014
Bacteria could mop up naturally-occurring and man-made leaks of natural gases before they are released into the atmosphere and cause global warming - according to new research from the University of East Anglia. Findings published in the journal Nature shows how a single bacterial strain (Methylocella silvestris) found in soil and other environments around the world can grow on both the me ... read more


ENERGY TECH
'Canners' live off detritus of New York

US finds missing British yacht in Atlantic, but no crew

Malaysia to discuss with Inmarsat on release of "raw data"

China says Vietnam riot killed four people

ENERGY TECH
China's domestic navigation system guides Pakistan

Russian space agency set to resume Glonass talks with US

Payload preparations in full swing for Ariane 5 launch of Galileo navsat

New tide gauge uses GPS signals to measure sea level change

ENERGY TECH
Virtual dam on after-hours emails tackles burnout

Preschool teacher depression linked to behavioral problems in children

US military opens door to gender treatment for Manning

Longevity gene may boost brain power

ENERGY TECH
Ant colonies highly efficient at amassing and parsing new information

Burchell's zebras undertake 300-mile migration, longest in Africa

Researchers test whether Red Queen hypothesis makes species resilient

Termite genome lays roadmap for 'greener' control measures

ENERGY TECH
Sierra Leone confirms first case of Ebola as epidemic spreads

Disease warning in deluged, mourning Balkans

Health officials warn of epidemic as Balkans mourn dead

China winds could carry childhood disease to Japan: study

ENERGY TECH
Tiananmen protest leader haunted by ghosts, 25 years on

China's Xi chooses repression over reform: Amnesty

China blogger 'fired' after John Kerry meeting

China sentences mining tycoon to death

ENERGY TECH
Chinese worker kidnapped in Malaysia's Borneo island

Vietnam says 7 killed in shooting on China border

Kidnappers demand $11 mln for Chinese tourist

Malaysia kidnappers telephone Chinese victim's family

ENERGY TECH
European firms spooked by slowing China growth: survey

China manufacturing index hits five-month high: HSBC

India's Modi vows to fulfil 1.2 bn dreams after landslide win

China bad loans jump as growth slows




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.