1.
Teen solves centuries-old math problem
MOSCOW, Dec. 8 (UPI) -- Anglo-Russian venture TNK-BP announced plans to increase oil production from fields in Venezuela to 120,000 barrels per day by 2012.
Petromonagas, a joint venture between TNK-BP and Venezuelan state-oil company Petroleos de Venezuela, said by the first quarter of next year, production could increase 10,000 bpd to 120,000 bpd.
TNK-BP said it aims to dig 54 new wells and dispatch seven drilling rigs during its current program in Venezuela.
Jerome Auzenne, technical director for TNK-BP Venezuela Holding, said the success of the upcoming drilling period would determine "project economics" for the operation.
"Our synergy with the partners and establishment of good business relations will permit Petromonagas and TNK-BP Venezuela to continue growing and developing efficiently," he added.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
WASHINGTON, May 25 (UPI) --
A natural gas pipeline from Iran could be considered if Tehran meets the expectations of the international community, a U.S. official suggested.
|
NEWPORT NEWS, Va., May 25 (UPI) --
The U.S. Navy's 10th Virginia-class submarine has reached "pressure hull complete" status in its construction by Huntington Ingalls Industries.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
The photos are familiar, but the captions are not, as economic tension skips across the continent of Europe.
|
| Stories | Photos | People | Comments |
View Caption
