Oil & Energy

Cameroon’s Kribi plant set to start from Q1 2013 – Reuters

YAOUNDE Jan 11 (Reuters) – Construction of Cameroon’s 216 MW Kribi gas-fired power plant … is at the core of the government’s “Vision 2035″ plan to turn the oil-producing country into an emerging economy.

British PM clashes with Scotland on independence – Calgary Herald

Cameron said he opposed Scottish independence and that the … A break-up would involve thorny economic issues such as North Sea oil and gas. Scotland has long complained that tax revenues from the industry — £8.8 billion ($14.4 billion …

Energy technolution in oil and gas services – Marketwatch

Cameron (NYSE:CAM) and Halliburton (NYSE … Flotek operates in three key segments: Chemicals, Drilling, and Artificial Lift providing extensive oil and gas field services. In the third quarter of 2011, Flotek saw increased revenues of $25.4 …

Enbridge investigates reports of gas leak off Louisiana coast in Gulf of Mexico – Winnipeg Free Press

CALGARY – Enbridge Inc. (TSX:ENB) said Tuesday it was investigating reports of a small natural gas leak in the Gulf of Mexico. The reported leak was in the West Cameron Block 275, about 105 kilometres off the coast of Louisiana, … Continue reading

Factbox: Nigeria becomes latest to remove fuel subsidy – msnbc.com

… was criticized for raising the price of locally produced fuel and consumers have threatened to buy their petrol in Cameroon. OIL: Oil exports account for over 90 percent of Nigeria’s foreign exchange revenues. – But its dependence on imports … Continue reading

Britain to grant Scotland binding independence vote – Globe and Mail

Prime Minister David Cameron’s government said it would sweep away legal … has long championed independence to allow the country greater control over lucrative oil and natural gas reserves in the North Sea. His separatist Scottish National Party …

Enbridge investigates gas leak report off Louisiana coast – CBC

Enbridge Inc. said Tuesday it was investigating reports of a small natural gas leak in the Gulf of Mexico … B.C. The reported leak was in the West Cameron Block 275, about 105 kilometres off the coast of Louisiana, it … Continue reading

Enbridge examines Gulf of Mexico leak – Upstream Online

The company said it spotted a three-foot diameter patch of bubbles on the surface of the water near the Stingray natural gas pipeline after completing a helicopter flyover. Enbridge, which is best known as an operator of the main export … Continue reading

7 Energy Stocks UBS Is Bullish About – Seekingalpha.com

The company returned 24% in 2011. Cameron International Corp. (CAM) provides flow equipment products, systems and services to oil, gas, and process industries. The company has been given a buy-rating by UBS. Cameron International is expected to …

Salmond urged to bring Scottish vote forward – Financial Times

David Cameron has challenged the Scottish National Party to call … which said there had been a boom in investment in North Sea oil and gas in 2011, with more deals last year than any year since 2005.