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CGES Highlights
Five oil and gas discoveries in 2013
Further oil discoveries offshore Ghana, in the Deepwater Tano / Cape Three Points licence block, have been announced by Hess Corporation. The Pecan-1 exploration well (announced in December 2012) was the fifth discovery well and encountered 245 net feet of oil pay in two separate Turonian intervals. The ... more
Do upstream costs justify high oil prices?
Could upstream costs have escalated that much as to cause oil prices to rise by 4.5 times between 2001 and 2011? After all, Brent crude averaged $19.2/bbl ... more
US demand for oil in a downward spiral
Demand for gasoline, which makes up about 50% of the output of US refineries, is falling due to greater vehicle efficiency and the growing numbers of alternatively ... more
CGES In The News
8 May
2013
Chilly North Sea Comes Back to Life
France's Total says it will start extracting natural gas from ...
Full Article
8 May
2013
Gazprom snubs EU-Ukraine gas talks
The roundtable included ministers from several EU member states, ...
Full Article
30 Apr
2013
Crude prices drop sharply on demand concerns in early April
The fall in West Texas Intermediate (WTI) was less steep — ...
Full Article
25 Apr
2013
EBRD Supports Montenegro's Power Grid Upgrade, Link to Italy
The EBRD’s board of directors approved the syndicated loan ...
Full Article
27 Mar
2013
Gas ship diverts to Milford Haven with six hours' UK supply
But an energy expert said the country's lights would not go ...
Full Article
25 Mar
2013
Two Iraqs, one big mess
Welcome to Kurdistan, a semi-autonomous part of the troubled country ...
Full Article
