Japan is joining Asia’s battle for coal resources. Who will benefit from the rush for new supply?
Articles Tagged "colombia"
Can import-hungry India pass China as the world's largest coal consumer?
Will new road and rail in these coal regions mean big changes for producers and investors?
Bloomberg reported that Canacol Energy Ltd. shares went up 1.7% in Bogota after gaining 3.4%, reaching its highest level since November 2, after it announced an oil discovery in central Colombia.
Colombia awarded new oil and natural gas blocks today as the fastest-growing major oil producer in Latin America looks to commence offshore exploration and join the global shale boom.
Bloomberg reported that Royal Dutch Shell plc (LSE:RDSA) and Repsol SA (OTC Pink:REPYY) both made winning bids at Colombia's latest auction of oil and gas exploration blocks.
Canacol Energy Ltd. (TSX:CNE) provided an update on its 2012 exploration programs in Colombia, commenting that its plans include targeting conventional light and heavy oil — along with non-conventional light oil — by drilling nine exploration wells.
U3O8 Corp. (TSX:UWE,TSXV:UWE,OTCQX:UWEFF) announced assay results from 12 bore holes confirm that mineralization extends over a minimum of 6.3 kilometres ("km") of a 10.5km prospective trend in the Berlin uranium project.
Canacol Energy Ltd. (TSX:CNE) announced that for the fiscal year ended June 30, 2012, total proven reserves plus deemed volumes at its Colombian and Ecuadorian assets increased to 10.5 million barrels, 98 percent more than the previous year.
Ecopetrol SA (NYSE:EC,TSX:ECP) announced that drilling at its Aullador-I exploratory well, located in Santander province, Colombia, indicates that crude oil is present at the site.