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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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WRI: global oil consumption hits all-time high

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between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. of total oil consumption in 2010. of total oil consumption in 2010. After falling 1.5% in 2010 to reach an all-time high of 87.4

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Noble Energy announces new exploration discoveries offshore Israel and in the deepwater Gulf of Mexico

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Tamar SW, which was drilled to a total depth of 17,420 feet (5,310 meters) in 5,405 feet (1,647 meters) of water, is the company’s eighth consecutive discovery in the Levant Basin. The well encountered high-quality reservoir sands, with per well productivity anticipated to be approximately 250 million cubic feet of natural gas per day.

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BP Egypt announces significant gas discovery in deepwater Nile Delta

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The well was drilled using the sixth-generation semi-submersible rig Maersk Discoverer in water depth of 649 meters (2,129 feet) and reaching a total depth of around 7,000 meters (22,966 feet). The wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m (125 feet) net of Oligocene sands in Salamat.

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Report Finds Water Stress Rapidly Becoming Key Strategic Risk to Commerce; Impending Water/Energy Collision

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Water consumption or withdrawals per unit of energy produced, by energy type, in the United States. With increasing frequency ,” write the Pacific Institute researchers, “ we value energy production over water production. ”. by Jack Rosebro. Source: DHI Group. Click to enlarge. Climate change.

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Ford to offer new 5-cylinder 3.2L diesel in Transit van in North America next year

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Additionally, the engine features cast-aluminum, low-friction coated pistons with piston-cooling jets, which squirt oil on the underside of the pistons to keep the piston crowns cool under extreme operating conditions. liter is manufactured in Ford’s Struandale Engine Plant in Port Elizabeth, South Africa. The Power Stroke 3.2-liter

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So Close to Sicily, So Far From the Crowds

Baua Electric

Celebrities like Madonna, Sting and Julia Roberts visited, drawn to the striking, Africa-meets-Italy ambience, along with Giorgio Armani, a part-time resident since 1980. The absence of white-sand beaches is worn like a badge of honor. We got up close to Arco dell’Elefante , a lava arch that resembles an elephant drinking water.

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