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Using new seismic imaging technique, BP finds significant additional resources in the Gulf of Mexico

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BP announced a major breakthrough in seismic imaging that has identified more than 200 million barrels of additional resources at BP’s Atlantis field in the deepwater Gulf of Mexico.

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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. This is part of a cross-border field that includes the Manatee Field in Trinidad and Tobago.

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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

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Longer term embedded options include the Wildling (US), Trion (Mexico), Calypso (Trinidad and Tobago) and Browse (Australia) projects. The company is developing resources that will include nickel, copper, chrome and platinum. 2P reserves of more than 2 billion boe comprising 59% gas, and 41% liquids. Earlier post.). per share in cash.

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GECF: more than a quarter of 2050 natural gas supply untapped

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF).

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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Fulton and GFEI Executive Secretary Sheila Watson also briefed the High Commissioner for the Republic of Trinidad and Tobago His Excellency Garvin Nicholas in detail on the paper. Trinidad and Tobago is interested in starting discussions on fuel economy with the GFEI. Lewis Fulton (2012) Fuel economy policies could. spare Commonwealth.

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

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The Honorable Christian Paradis, Minister of Natural Resources, initiated the working group with leaders from countries with heavy oil potential in the Americas during the Ministerial meeting of the Energy and Climate Partnership of the Americas (ECPA) in Washington, DC on 16 April.

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Swiss company outlines methanol-to-gasoline option for Alaska North Slope gas to state legislature

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van Wijk, a former Methanex executive, formed Saturn Methanol which subsequently built Titan Methanol, a 2,500 tonne per day methanol production facility in Trinidad, and began Atlas Methanol, also in Trinidad. Methanol-to-gasoline process flow diagram. Source: EMRE. Click to enlarge. NRC comparison of F-T and MTG. Source: EMRE.

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