With Talks Of Natural Gas Going To Japan – Profits From U.K. Coal Plants Increase

During the previous year and a half the markets have seen increased profits from the utilization of coal as a bid to generate electricity soared to elevated level. The reason for this hike is that natural gas might be diverted amid Japan’s nuclear crisis. Revenue from the use of coal for the generation of power in the U.K. rose 7% to 14.60 pounds in the last six months in London. This is...
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TAG Looking For Potential Oil and Gas Areas

The oil and gas producing company, TAG Oil Ltd, has now started its drilling campaign in the shallow formations at the Cheal oil and gas field. TAG Oil Ltd is a Canadian listed company with its base in New Zealand. During the exploration of Petroleum Mining Permit 38156 on the shore of Taranaki Basin, in New Zealand, the Cheal discoveries were found. Presently, gas and oil production is...
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Roaring Shale oil investments across the United States

The United States gas and oil market is expanding at a rapid rate.  Fast growing technologies like hydraulic fracturing and horizontal drilling have increased the rate of natural gas production more than threefold. Technologies like these are extensively used for questing and drilling oil wells.  In this process, wells are drilled below 10,000 feet and water is pumped-in several times at...
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BG Group all set to invest in deepwater oil fields of Brazil

BG Group is investing $10 Bn USD in Brazilian deepwater oil fields in the coming few years as the group looks forward to develop the country’s deepwater oil fields, increasing this organization’s role as a leading source of energy investment in the region. The oil company is looking forward to produce around of 400,000 barrels of oil per day in the coming decade. This is going to make them...
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Getting along with an Oil Drilling Job

The world is filled with plenty of job opportunities, and for the person who is ready to take a little bit of risk, they surely can make a fortune in a very fair manner. It is true that oil rigs have been among the most fertile places for people to make a fortune, not only for oil drilling companies but also for those who are employed by them. Oil drilling companies are among the best employers...
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