Energy & Oil

• Friday, December 29th 2006 - 20:00 UTC

  Petrobras declares 19 new areas as “commercially viable”

  Brazil's government owned oil corporation Petrobras declared as Commercially Viable 19 new areas (16 offshore and 3 onshore) in the Espírito Santo, Campos, and Santos Basins. A few of them have become new oil and/or natural gas fields, while others have been incorporated into existing neighboring fields.

• Thursday, December 28th 2006 - 20:00 UTC

  Shell declares field off shore Santos, commercially viable

  

  Royal Dutch Shell PLC announced Thursday it declared the Brazilian offshore BS-4 field in the Santos basin off the Rio do Janeiro coast, commercially viable.

• Wednesday, December 27th 2006 - 20:00 UTC

  Asian communications collapse following Taiwan earthquakes

  Telephone lines and Internet service collapsed across much of Asia on Wednesday after two powerful earthquakes off the southern tip of Taiwan damaged undersea cables used by several countries to route calls and online traffic.

• Sunday, December 24th 2006 - 20:00 UTC

  Copper mining companies invest in “reliable” energy

  Four of the largest mining companies operating in Chile have joined forces in pursuit of reliable and affordable gas supplies.