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Breaking News Thu, 7 Aug 2008
Royal Offshore Closes on $350MM Equity for GOM Exploration
Rig Zone
| Royal Offshore has closed on a $350 million equity commitment from Avista Capital Partners, EnCap Investments and the Royal Group for the exploration and development of oil and natural gas resources in the Gulf of Mexico. Royal Offshore, led by Sco...
GOP drills for votes by pressing for offshore oil exploration
San Fransisco Chronicle
| (07-27) 04:00 PDT Washington -- | Four dollar-a-gallon gas has done something that few Republicans thought possible just a few months ago: given them hope. | United behind a renewed push for offshore oil drilling, Republican members of Congress and...
Nexen Stays Strong with Offshore Exploration and Operations
Rig Zone
| Nexen, Inc. has issued an operational update on its North Sea, Gulf of Mexico, West Africa and Middle East operations. | North Sea Update | During the quarter, we drilled exploration wells in the North Sea at Blackbird and Pink. Blackbird is locate...
Dynamic Offshore Resources acquires Northstar Exploration
Energy Current
7/17/2008 | HOUSTON: Dynamic Offshore Resources has acquired 100 percent of the stock of Northstar Exploration Inc. and its operating subsidiary Northstar GOM for US$235 million. Northstar GOM will be changed to Dynamic Offshore Resources NS. No Nort...
President, noting high gas prices, wants to open exploration in offshore areas.
Austin American Statesman
| WASHINGTON — President Bush on Monday lifted an executive ban on offshore oil drilling and challenged Congress to follow suit, aiming to turn the enormous public frustration about gasoline prices into political leverage. | Democratic lawmaker...
Bush lifts executive ban on offshore drilling, urges Congress to back more exploration for oil
Star Tribune
| WASHINGTON - President Bush on Monday lifted an executive ban on offshore oil drilling and challenged Congress to follow suit, aiming to turn the enormous public frustration about gasoline prices into political leverage. Democratic lawmakers reject...
 Windmill - Wind mill - Wind energy - Alternative energy source - (sv1)
WN/Smita
Suzlon explores bid for bid for China's Honiton Energy Holdings
The Times of India
|                 BANGALORE/NEW DELHI: Suzlon Energy is partnering Bahrain-headquartered PE giant Arcapita to explore a bid for Chinese...
Murli DeoraMurli Deora
PIB
India seeks more exploration blocks in Nigeria
The Times of India
|    |   |   |   JEDDAH: India has sought support from Nigeria to help Indian companies find more exploration blocks in the African nation's hydrocarbon se...
Corals
WN
Exploring the deep sea
The Charlotte Observer
By GARETH MCGRATH | Star-News of Wilmington | WILMINGTON, N.C. -- | They are some of the world's oldest, richest and least understood underwater habitats, full of coral mounds spro...
Business

(photo: WN / Guillaume Poulet-Mathis)
Interest rates stay at 5%
Ananova
| Homeowners struggling amid the credit crunch were given no relief after policymakers voted to hold interest rates at 5% for the fourth month in a row. | The decision by the Bank of England's Monetary Policy Committee (MPC) is likely to have been one of the toughest in recent times, with members having to balance deeper economic gloom with expecta...
Maritime
VistaJet Learjet 60. VistaJet's aircraft all wear this paint scheme
(photo: Public Domain / Arpingstone)
VistaJet to provide executive jet service
The Star
| PETALING JAYA: The Malaysian businessman can hire an executive jet, with Switzerland-based VistaJet setting up a hub at the Subang SkyPark Terminal at the Sultan Abdul Aziz Shah Airport. | Hiring a charter executive jet also eliminates the need for huge investments to buy an aircraft and paying the fees for keeping the plane in a hangar. It also ...
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