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Australia's oil investment is up this year
Published: May 9, 2008 at 11:51 AM
SYDNEY, May 9 (UPI) -- Investment in Australia's oil firms increased at the beginning of 2008. -
Canadian oil firm increases exploration
Published: May 9, 2008 at 11:49 AM
CALGARY, Alberta, May 9 (UPI) -- Duvernay Oil Corp. of Calgary, Alberta, has added $50 million to its 2008 capital plan. -
South American Energy Council inaugurated
Published: May 9, 2008 at 11:47 AM
CARACAS, Venezuela, May 9 (UPI) -- The first South American Energy Council was inaugurated in Venezuela.
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OPEC Chief: U.S. economy to blame for high oil prices
Published: May 8, 2008 at 6:09 PM
By BEN LANDO
UPI Energy Editor
WASHINGTON, May 8 (UPI) -- Angry oil consumers taking aim at OPEC are looking at a "scapegoat" instead of a needed mirror, the head of the bloc of oil producers said during a visit to Washington Thursday. -
UPI Energy Watch
Published: May 8, 2008 at 4:44 PM
Southern Sudan's oil revenues reach $3.2B in the last 3 years; Gazprom board orders creation of winter gas reserves; Russian oil exports to non-C.I.S. down -
Analysis: Define 'renewable'
Published: May 8, 2008 at 1:33 PM
By ROSALIE WESTENSKOW
UPI Correspondent
THE DALLES, Ore., May 8 (UPI) -- Crucial options were left out of last year's energy bill, advocacy groups say, and policymakers are looking to remedy the exclusion. -
Nigeria oil rebels eye U.S. presidential race
Published: May 8, 2008 at 12:38 PM
By CARMEN GENTILE
UPI Energy Correspondent
Nigerian militants are calling for former U.S. President Carter to mediate talks between rebels and the government to end hostilities in the oil-rich Niger Delta and are weighing a reported cease-fire appeal by Democratic presidential hopeful Barack Obama. -
UPI Energy Watch
Published: May 7, 2008 at 3:27 PM
Kazakhstan increases output; Surgutneftegaz net proceeds grow by 19 percent in 2007; China, Japan work to resolve East China Sea Resources issue -
Experts ask if China has an energy policy
Published: May 7, 2008 at 11:36 AM
By SIOBHAN DEVINE
UPI Correspondent
WASHINGTON, May 7 (UPI) -- Experts say China's government has less control over energy decisions than the nation's mammoth energy companies.
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Cambodia releases oil industry regulations
Published: March 27, 2008 at 12:42 PM
PHNOM PENH, Cambodia, March 27 (UPI) -- Cambodia has released its sustainable oil and gas plan.
The country, which plans to have its developing oil and gas industry up and running by 2010, now has a detailed plan including a regulatory framework and human resources department, Xinhua reported.
Officials are sure that through sustainable economic development of their oil and gas sector, they can reduce poverty.
The government is focused on long-term benefits instead of short-term gains, said Sok An, deputy prime minister of Cambodia and chairman of the Cambodian National Petroleum Authority.
Arne Walther, the former secretary-general of the International Energy Forum, explained how Norway had become the model for prudent use of resource wealth when huge offshore resources were discovered there in the 1970s.
She urged Cambodia to adhere to transparent rules and regulations, as they were a vital part of the process for Norway. She also said the country set up a National Oil Account for revenues from its natural resources.
Oil, Gas, Plan, Sustainable, Development, Government, Regulations, Cambodian National Petroleum Authority, Sustainable Economic Development, Human Resources Department, National Oil Account, Economic Development, Regulatory Framework, Natural Resources, Sustainable Oil
The country, which plans to have its developing oil and gas industry up and running by 2010, now has a detailed plan including a regulatory framework and human resources department, Xinhua reported.
Officials are sure that through sustainable economic development of their oil and gas sector, they can reduce poverty.
The government is focused on long-term benefits instead of short-term gains, said Sok An, deputy prime minister of Cambodia and chairman of the Cambodian National Petroleum Authority.
Arne Walther, the former secretary-general of the International Energy Forum, explained how Norway had become the model for prudent use of resource wealth when huge offshore resources were discovered there in the 1970s.
She urged Cambodia to adhere to transparent rules and regulations, as they were a vital part of the process for Norway. She also said the country set up a National Oil Account for revenues from its natural resources.
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This material may not be reproduced, redistributed, or manipulated in any form.
Story Keywords:This material may not be reproduced, redistributed, or manipulated in any form.
Oil, Gas, Plan, Sustainable, Development, Government, Regulations, Cambodian National Petroleum Authority, Sustainable Economic Development, Human Resources Department, National Oil Account, Economic Development, Regulatory Framework, Natural Resources, Sustainable Oil
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