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	<title>Stock Blog Hub &#187; PTR</title>
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		<title>(XOM) Chinese Oil Companies: How to Play the Inevitable Shift</title>
		<link>http://www.stockbloghub.com/2012/05/20/xom-chinese-oil-companies-how-to-play-the-inevitable-shift/100604</link>
		<comments>http://www.stockbloghub.com/2012/05/20/xom-chinese-oil-companies-how-to-play-the-inevitable-shift/100604#comments</comments>
		<pubDate>Sun, 20 May 2012 20:26:18 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=100604</guid>
		<description><![CDATA[It’s crazy to think that in just the last three years, China has become the world’s second largest economy, the world’s largest energy consumer, and the world’s second largest oil consumer. A recent PriceWaterhouseCoopers report even estimates, “China could be the largest economy in the world as early as 2020…” Whether it happens by then, I honestly don’t know. But neither does anyone else. In fact, long-term estimates like these are almost never right. There’s one thing you can count on, though. No matter when (or even if) China takes the number one spot in the global economy, it’s going to require a great deal of energy either way. And it’s more important than ever investors take a close look at what’s going on. Because, when it comes to energy, ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PTR) PetroChina Buys into Canadian Asset</title>
		<link>http://www.stockbloghub.com/2012/02/13/ptr-petrochina-buys-into-canadian-asset/91524</link>
		<comments>http://www.stockbloghub.com/2012/02/13/ptr-petrochina-buys-into-canadian-asset/91524#comments</comments>
		<pubDate>Tue, 14 Feb 2012 04:52:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[Encana Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91524</guid>
		<description><![CDATA[Chinese energy giant PetroChina Co. Ltd. (PTR) inked an asset acquisition deal with Royal Dutch Shell plc (RDSA). Per the agreement, PetroChina purchased 20% stake in a Canadian shale gas project – Groundbirch – from Shell. However, neither of the companies disclosed the financial terms of the deal. Located in northeastern British Columbia, Shell owns 100% interest in the Groundbirch project that holds a production capacity of 1 billion cubic feet equivalents (bcfe) per day and has an estimated producing life of 40 years. Even after the deal, Shell will continue to act as the operator of the venture. While PetroChina will evaluate the export potential of the fuel in the form of liquefied natural gas to Asia, Groundbirch will continue to meet customer demands in North America. This acquisition ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/13/ptr-petrochina-buys-into-canadian-asset/91524/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Oil and Gas Stock Outlook &#8211; February 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/02/08/sun-oil-and-gas-stock-outlook-february-2012-industry-outlook/91446</link>
		<comments>http://www.stockbloghub.com/2012/02/08/sun-oil-and-gas-stock-outlook-february-2012-industry-outlook/91446#comments</comments>
		<pubDate>Wed, 08 Feb 2012 18:05:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[Centurytel Inc.]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[CTL]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[Questar Corporation]]></category>
		<category><![CDATA[Sasol Limited]]></category>
		<category><![CDATA[SSL]]></category>
		<category><![CDATA[STR]]></category>
		<category><![CDATA[SU]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Suncor Energy Inc]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Talisman Energy Inc]]></category>
		<category><![CDATA[TLM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91446</guid>
		<description><![CDATA[OUTLOOK Crude Oil Signs of progress in resolving Europe&#8217;s long-running sovereign debt crisis and a tightening global supply picture in view of the geopolitical fallout over Iran&#8217;s alleged nuclear ambitions have been keeping oil prices at elevated levels. Partly offsetting this favorable view has been high U.S. crude stocks and worries about China’s growth outlook. As such, crude oil’s near-term fundamentals remain mixed, to say the least. The long-term outlook for oil, however, remains favorable given the commodity’s constrained supply picture. In particular, while the Western economies exhibit sluggish growth prospects, global oil consumption is expected to get a boost from continued strength in the major emerging powers like India, China and Brazil that continue to grow at a healthy rate. According to the Energy Information Administration (EIA), which provides ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/08/sun-oil-and-gas-stock-outlook-february-2012-industry-outlook/91446/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LNG) An Alternative Way to Capture Emerging Market Growth</title>
		<link>http://www.stockbloghub.com/2011/12/06/lng-an-alternative-way-to-capture-emerging-market-growth/88122</link>
		<comments>http://www.stockbloghub.com/2011/12/06/lng-an-alternative-way-to-capture-emerging-market-growth/88122#comments</comments>
		<pubDate>Tue, 06 Dec 2011 19:35:29 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SHI]]></category>
		<category><![CDATA[Sinopec Shanghai Petrochemical Company Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88122</guid>
		<description><![CDATA[by David Fessler, Investment U Senior Analyst Tuesday, December 6, 2011: Issue #1658 Many countries outside the United States operate state-controlled companies. Most are giant behemoths, employing millions of people between them. These companies – among the world’s largest corporations – are primarily in the banking and energy sectors. Some, like the giant oil and gas company, Saudi Aramco, aren’t open to investors at all. But many are. Some fund managers shun these companies. With the governments that control them wielding various degrees of power over their daily operations, shareholder interests aren’t always viewed as a top priority. But some managers view them as proxies for the growth of the emerging market countries in which they operate. Many are huge “cash cows,” throwing off billions in profits each year. Some ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/06/lng-an-alternative-way-to-capture-emerging-market-growth/88122/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SHI) China Buying its Way to Shale Technology</title>
		<link>http://www.stockbloghub.com/2011/10/17/shi-china-buying-its-way-to-shale-technology/85130</link>
		<comments>http://www.stockbloghub.com/2011/10/17/shi-china-buying-its-way-to-shale-technology/85130#comments</comments>
		<pubDate>Mon, 17 Oct 2011 16:53:59 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Synthetics]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[EEP]]></category>
		<category><![CDATA[Enbridge Energy Partners LP]]></category>
		<category><![CDATA[Encana Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SHI]]></category>
		<category><![CDATA[Sinopec Shanghai Petrochemical Company Limited]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[Talisman Energy Inc]]></category>
		<category><![CDATA[TLM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85130</guid>
		<description><![CDATA[by Justin Dove, Investment U Research Friday, October 14, 2011 Sinopec’s (NYSE: SHI) move to purchase Calgary-based Daylight Energy (OTC: DAYYF.PK) and its 300,000 acres of oil and gas-rich land for $2.2 billion certainly wasn’t the first Canadian acquisition by a Chinese oil and gas company – and it won’t be the last. According to Bloomberg, Beijing-based Sinopec and CNOOC Ltd. (NYSE: CEO) are “among Chinese companies that have bought almost $30 billion of Canadian assets in the past five years.” This is not only to meet rising energy demands in the world’s fastest-growing major economy, but also to gain access to shale drilling methods. “China has coal bed methane and shale gas resources domestically, so there has been some anticipation in the market that they would want to get ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/17/shi-china-buying-its-way-to-shale-technology/85130/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PTR) PetroChina in Talks With Vietnam National Petroleum Corporation</title>
		<link>http://www.stockbloghub.com/2011/07/12/ptr-petrochina-in-talks-with-vietnam-national-petroleum-corporation/78844</link>
		<comments>http://www.stockbloghub.com/2011/07/12/ptr-petrochina-in-talks-with-vietnam-national-petroleum-corporation/78844#comments</comments>
		<pubDate>Tue, 12 Jul 2011 16:58:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SHI]]></category>
		<category><![CDATA[Sinopec Shanghai Petrochemical Company Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78844</guid>
		<description><![CDATA[State-controlled Chinese energy giant PetroChina (PTR) is in talks with Vietnam National Petroleum Corporation, or Petrolimex, for a $212 million project that will strengthen business ties between the two companies. Under the venture, the companies plan to build a pipeline having an initial annual capacity of 10 million tons of petrol, diesel and other products. The pipeline will connect PetroChina’s Qinzhou refinery in Guangxi province with Petrolimex&#8217; K130 terminal in Vietnam&#8217;s Quang Ninh province. With the construction of this network, PetroChina expects to steadily supply Chinese refined products and oil to the Vietnam market at economical prices. The pipeline is expected to come online by 2014. Petrolimex management stated that, as a part of this venture, it is bringing up a new storage unit, named K1, at the Hai Ha ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/12/ptr-petrochina-in-talks-with-vietnam-national-petroleum-corporation/78844/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PTR) PetroChina, INEOS Complete Joint Ventures</title>
		<link>http://www.stockbloghub.com/2011/07/06/ptr-petrochina-ineos-complete-joint-ventures/78474</link>
		<comments>http://www.stockbloghub.com/2011/07/06/ptr-petrochina-ineos-complete-joint-ventures/78474#comments</comments>
		<pubDate>Wed, 06 Jul 2011 19:28:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SHI]]></category>
		<category><![CDATA[Sinopec Shanghai Petrochemical Company Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78474</guid>
		<description><![CDATA[State-controlled Chinese energy giant PetroChina Co. Ltd. (PTR) has closed the formation of its previously announced two joint ventures with a privately held British chemicals firm, INEOS Group Holdings plc. PetroChina contributed $1.015 billion in cash for the shares in the joint ventures and executed the deal through its subsidiary PetroChina International (London) Company. Although the agreement to form the ventures was signed between the companies in January, the transaction was completed only recently following the approval by INEOS employees and lenders along with relevant government and regulatory bodies. The joint ventures — Ineos Refining Ltd. and Ineos Refining II Ltd — will be involved in trading and refining activities at the Grangemouth refinery in Scotland and the Lavera refinery in France. The joint venture business, with an annual turnover ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/06/ptr-petrochina-ineos-complete-joint-ventures/78474/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Expands in Biofuel World</title>
		<link>http://www.stockbloghub.com/2011/07/05/pbr-petroleo-brasileiro-s-a-expands-in-biofuel-world/78341</link>
		<comments>http://www.stockbloghub.com/2011/07/05/pbr-petroleo-brasileiro-s-a-expands-in-biofuel-world/78341#comments</comments>
		<pubDate>Wed, 06 Jul 2011 00:27:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78341</guid>
		<description><![CDATA[Brazilian state-run energy firm Petroleo Brasileiro S.A. or Petrobras (PBR) acquired a 50% stake in a local biodiesel company BSBIOS Industria e Comercio de Biodiesel Sul Brasil S.A. for 200 million Brazilian reals or $128.4 million. Petrobras executed the deal through its subsidiary Petrobras Biocombustível S.A. Located at Passo Fundo, the acquired company owns a biodiesel facility which is integrated with a vegetable oil extraction unit and has an annual production capacity of 42 million gallons of fuel. The unit is well connected by railroad terminals and a distribution base for smooth delivery and marketing of biodiesel. This acquisition strengthens Petrobras’ position in the domestic biofuels market and takes it a step closer to its target of doubling biofuels output by 2014. The company intends to spend $3.5 billion through ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/05/pbr-petroleo-brasileiro-s-a-expands-in-biofuel-world/78341/feed</wfw:commentRss>
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		<item>
		<title>(PTR) PetroChina Cut to Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/26/ptr-petrochina-cut-to-neutral/77469</link>
		<comments>http://www.stockbloghub.com/2011/06/26/ptr-petrochina-cut-to-neutral/77469#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:22:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77469</guid>
		<description><![CDATA[We have downgraded PetroChina Co. Ltd. (PTR) ADRs to Neutral from Outperform, particularly driven by the high-priced gas imports in the face of low domestic gas sale prices. As more high-priced gas import is being brought in, there is an urgent need for PetroChina to press the government to raise artificially low domestic gas sale prices to global levels. As of now, gas imports are coming at a loss, thereby pressurizing the company’s profitability. Sluggish growth prospects for oil production and heavy exposure to significantly mature producing areas also remain near-term headwinds, in our view. Regulated prices and policy uncertainty add to the downbeat sentiment. Additionally, PetroChina has projected an investment of RMB 350.6 billion in 2011, up 27% year-over-year. This is expected to substantially increase the company’s leverage and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/ptr-petrochina-cut-to-neutral/77469/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Evenly Poised</title>
		<link>http://www.stockbloghub.com/2011/06/24/pbr-petroleo-brasileiro-s-a-evenly-poised/77427</link>
		<comments>http://www.stockbloghub.com/2011/06/24/pbr-petroleo-brasileiro-s-a-evenly-poised/77427#comments</comments>
		<pubDate>Fri, 24 Jun 2011 20:38:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77427</guid>
		<description><![CDATA[We have maintained our Neutral recommendation on Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A. with a price target of $35. We believe that continued demand growth in Brazil (expected to outperform developed countries in the next few years), together with all the new investments and acquisitions, will fuel Petrobras’ medium-term earnings outlook. Additionally, we expect the company to benefit from its expertise in deep-water operations, its recent major discoveries (that could double its resource base) and the growing domestic refined products market. Petrobras&#8217; know-how and proficiency in deep-water oil and gas exploration and production is reflected in its exceptional track record for hydrocarbon production growth, as well as prospects for production and reserves growth in the future, especially following significant offshore finds in the last few ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/24/pbr-petroleo-brasileiro-s-a-evenly-poised/77427/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ECA) EnCana and PetroChina End Joint Venture</title>
		<link>http://www.stockbloghub.com/2011/06/22/eca-encana-and-petrochina-end-joint-venture/77171</link>
		<comments>http://www.stockbloghub.com/2011/06/22/eca-encana-and-petrochina-end-joint-venture/77171#comments</comments>
		<pubDate>Thu, 23 Jun 2011 01:07:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[Encana Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77171</guid>
		<description><![CDATA[Canada’s largest natural gas producer EnCana Corp. (ECA) has confirmed that it has pulled out of talks with Chinese energy giant PetroChina Co. Ltd. (PTR) regarding the sale of half of its prolific Cutbank Ridge shale natural gas assets in British Columbia and Alberta for approximately C$5.4 billion (U.S.$5.4 billion). In an announcement, the company revealed that it has ended discussions with PetroChina without reaching an agreement on key aspects of the deal. The potential transaction, which was signed in February after nine months of negotiations, was expected to close in the middle of this year. The deal – the largest energy investment China would have made in Canadian assets – was to see the state-controlled PetroChina acquire a 50% interest in EnCana&#8217;s Cutbank Ridge properties, representing current production of ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PBR) Petrobras Acquires Stake in Gabon</title>
		<link>http://www.stockbloghub.com/2011/06/20/pbr-petrobras-acquires-stake-in-gabon/76869</link>
		<comments>http://www.stockbloghub.com/2011/06/20/pbr-petrobras-acquires-stake-in-gabon/76869#comments</comments>
		<pubDate>Tue, 21 Jun 2011 04:15:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76869</guid>
		<description><![CDATA[Brazilian oil giant Petróleo Brasileiro S.A. or Petrobras (PBR) has acquired 50% stake in two exploration blocks offshore Gabon. The company did not disclose the financial details of the deal, which was executed through the wholly owned subsidiary Petrobras Participaciones S.L. The blocks, Ntsina Marin and Mbeli Marin, are located in the Costeira Basin covering an area of 6,683 square kilometers and at water depth of up to 2,400 meters, on the Western Coast of Africa. These were owned by Britain’s Ophir Energy that will retain the remaining 50% of the interest. In the initial phase, Petrobras will conduct evaluation work within the 2,000 square kilometers of 3D seismics. The deal is yet to receive the final approval from the Government of Gabon. Headquartered in Rio de Janeiro, Petrobras is ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(CVX) Chevron Wins Bulgarian Approval for Shale Gas Exploration</title>
		<link>http://www.stockbloghub.com/2011/06/17/cvx-chevron-wins-bulgarian-approval-for-shale-gas-exploration/76630</link>
		<comments>http://www.stockbloghub.com/2011/06/17/cvx-chevron-wins-bulgarian-approval-for-shale-gas-exploration/76630#comments</comments>
		<pubDate>Fri, 17 Jun 2011 14:46:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76630</guid>
		<description><![CDATA[Chevron Corp. (CVX) has secured a five-year permit from the Bulgarian government for the exploration of shale gas deposits in northeastern Bulgaria. The company will make a 30 million euro payment to the Bulgarian government to commence shale gas exploration in the field, which – as per initial estimates – is expected to have the potential reserves between 300 billion and 1 trillion cubic meters of shale gas. Last month, the U.S. oil giant won a tender offer to explore and consequently develop the 4,398-square-kilometer (1,698-square-mile) Novi pazar field. Chevron also has plans for a five-year project worth 50 million euros ($72 million) as well as an environment protection venture in which it will invest 4 million euros ($5.8 million). Bulgaria requires nearly 4 billion cubic meters of gas a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/17/cvx-chevron-wins-bulgarian-approval-for-shale-gas-exploration/76630/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PBR) Petrobras: Another Strong Quarter</title>
		<link>http://www.stockbloghub.com/2011/06/02/pbr-petrobras-another-strong-quarter/74122</link>
		<comments>http://www.stockbloghub.com/2011/06/02/pbr-petrobras-another-strong-quarter/74122#comments</comments>
		<pubDate>Thu, 02 Jun 2011 18:20:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74122</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced its first quarter earnings of R$10,985.0 million or R$0.84 per share, compared with R$7,726.0 million or R$0.88 per share in the year-earlier quarter. Per share profitability dropped after the company sold $70 billion of new stock in September last year. Earnings per ADR came in at $1.01 (exchange rate: U.S.$1.00 = R$1.66, 1 ADR = 2 shares), ahead of the Zacks Consensus Estimate of 93 cents. This was mainly on the back of improved crude prices amid strong domestic energy demand, aided by a strengthening currency, partially offset by government caps on fuel prices that eroded refining margins. Petrobras’ revenues of R$54,800.0 million (or approximately $33,012.0 million) were up 8.7% from the first quarter 2010 level and also ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(VLO) Oil &amp; Gas Industry Outlook &#8211; May 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/05/18/vlo-oil-gas-industry-outlook-may-2011-industry-outlook/74275</link>
		<comments>http://www.stockbloghub.com/2011/05/18/vlo-oil-gas-industry-outlook-may-2011-industry-outlook/74275#comments</comments>
		<pubDate>Wed, 18 May 2011 18:13:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Weatherford International Limited]]></category>
		<category><![CDATA[WFT]]></category>
		<category><![CDATA[Williams Companies Inc.]]></category>
		<category><![CDATA[WMB]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74275</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene –- both here in the U.S. as well as worldwide –- and the continued unrest in producing countries had been the main driver of the oil rally that saw the commodity zoom past the $110 per barrel level last month. However, apprehensions about soaring U.S. crude stocks – currently at their highest level in two years –- and worries that China’s tightening monetary policy in response to inflationary pressures may bring down its growth momentum, have been weighing on investor sentiment, weakening oil prices to less than $100 a barrel. But far too many factors weigh on oil prices – from OPEC decisions and geostrategic tensions to the value of the U.S. dollar and seasonal variables – to definitively size up each one ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(SNP) China Petroleum and Chemical Corporation First Quarter Aided by Higher Prices</title>
		<link>http://www.stockbloghub.com/2011/05/07/snp-china-petroleum-and-chemical-corporation-first-quarter-aided-by-higher-prices/73253</link>
		<comments>http://www.stockbloghub.com/2011/05/07/snp-china-petroleum-and-chemical-corporation-first-quarter-aided-by-higher-prices/73253#comments</comments>
		<pubDate>Sun, 08 May 2011 01:41:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73253</guid>
		<description><![CDATA[China Petroleum and Chemical Corporation (SNP), aka Sinopec, reported first quarter 2011 earnings per share of 0.236 yuan ($3.59 per ADS), up 26% year over year. Net income increased 25.2% from the prior-year level to 20.6 billion yuan (US$3.133 billion). The increase can be attributable to higher capacity, domestic economic growth, and most importantly increased prices for petroleum and related products. Operational Performance Sinopec’s crude oil production dropped almost 6% year over year to 10.98 million tones, while natural gas volumes surged 30% to 3.627 billion cubic meters. Temporary suspension of production for field maintenance resulted in the decline of crude oil volume. However, a sharp rise in crude oil and natural gas prices lifted the Exploration and Production (E&#38;P) segment’s operating profit 14.3% over the prior-year quarter to 13.143 ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PTR) PetroChina Company &#8211; ADR &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/04/20/ptr-petrochina-company-adr-bull-of-the-day/71951</link>
		<comments>http://www.stockbloghub.com/2011/04/20/ptr-petrochina-company-adr-bull-of-the-day/71951#comments</comments>
		<pubDate>Wed, 20 Apr 2011 13:31:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71951</guid>
		<description><![CDATA[We are upgrading PetroChina Co. (PTR) ADRs to Outperform from Neutral, reflecting its leverage to the fast-growing Chinese market and the turnaround in commodity prices. Being one of only two Chinese integrated oil companies, PetroChina is well-positioned to capitalize on these favorable trends. We also like the company&#8217;s recent agreement to buy half of EnCana&#8217;s prolific Cutbank Ridge shale natural gas assets. Attractive growth prospects in the downstream and natural gas sectors are other positives in the PetroChina story. The company&#8217;s long-term outlook is compelling, despite some near- to medium-term concerns that include heavy exposure to significantly mature-producing areas, high-priced gas imports and uncertainty regarding the impact of the newly rolled-out national resources tax. PETROCHINA ADR (PTR): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/20/ptr-petrochina-company-adr-bull-of-the-day/71951/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PTR) China’s Mining Companies Begin Moving Overseas</title>
		<link>http://www.stockbloghub.com/2011/04/12/ptr-china%e2%80%99s-mining-companies-begin-moving-overseas/71199</link>
		<comments>http://www.stockbloghub.com/2011/04/12/ptr-china%e2%80%99s-mining-companies-begin-moving-overseas/71199#comments</comments>
		<pubDate>Tue, 12 Apr 2011 21:06:23 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[ACH]]></category>
		<category><![CDATA[Aluminum Corporation Of China Limited]]></category>
		<category><![CDATA[BTU]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[Mitsui & Company Limited]]></category>
		<category><![CDATA[MITSY]]></category>
		<category><![CDATA[Peabody Energy Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71199</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Monday, April 11, 2011 Not long ago, I wrote about how Chinese oil companies like PetroChina (NYSE: PTR) and CNOOC Ltd. (NYSE: CEO) are shifting their focus beyond their own backyard and have begun to expand overseas. Over the past decade, Chinese oil companies have been snapping up energy-rich assets around the globe in order to fill China’s growing need for resources. Just last year alone, China-based firms spent more than $30 billion in overseas deals. In contrast, the world’s largest importer of commodities, like copper and iron ore, spent a paltry $4.5 billion on overseas mining deals. According to PricewaterhouseCoopers, this comprised only 6% of global mining transactions in 2010. The discrepancy lies in the fact that China became a net oil importer ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PTR) PetroChina Signs Chinese Refinery Deal with Aramco</title>
		<link>http://www.stockbloghub.com/2011/03/22/ptr-petrochina-signs-chinese-refinery-deal-with-aramco/69338</link>
		<comments>http://www.stockbloghub.com/2011/03/22/ptr-petrochina-signs-chinese-refinery-deal-with-aramco/69338#comments</comments>
		<pubDate>Tue, 22 Mar 2011 14:58:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SHI]]></category>
		<category><![CDATA[Sinopec Shanghai Petrochemical Company Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69338</guid>
		<description><![CDATA[PetroChina Co. Ltd. (PTR), a unit of China National Petroleum Corp., or CNPC signed a Memorandum of Understanding (MoU) with the Saudi oil giant Aramco Overseas Company. Both companies will jointly build a refinery with 10 million metric tons per annum grassroots full conversion capacity in southern China. Under the long-term contract, the state-controlled Aramco will supply the refinery with Arabian crude oil, while PetroChina will be involved in marketing and selling of the refined products. The refinery, to be based in Yunnan Province, will be designed to process almost 200,000 barrels of Arabian crude oil each day and produce high-quality refined products like ultra low-sulfur gasoline and diesel. The venture seeks to satisfy the growing demand for fuel in China, which is one of the biggest economies of the ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(COP) ConocoPhillips Announces Long-Term China Petrochemical Corporation Deal</title>
		<link>http://www.stockbloghub.com/2011/03/02/cop-conocophillips-announces-long-term-china-petrochemical-corporation-deal/67766</link>
		<comments>http://www.stockbloghub.com/2011/03/02/cop-conocophillips-announces-long-term-china-petrochemical-corporation-deal/67766#comments</comments>
		<pubDate>Thu, 03 Mar 2011 01:12:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67766</guid>
		<description><![CDATA[Global integrated oil giant ConocoPhillips (COP), along with Origin Energy Ltd. entered into a long-term deal with China Petrochemical Corporation (SNP), or Sinopec, for the sale of a 15% stake in an Australian gas project. The financial terms of the deal were not disclosed by the companies. Under the non-binding key commercial terms of the Heads of Agreement, ConocoPhillips-Origin will also deliver liquefied natural gas (LNG) of about 4.3 million tons per annum (MTPA) for two decades to Sinopec. The stake sale will cut ConocoPhillips and Origin&#8217;s holdings in the Queensland-based Australia Pacific LNG venture to 42.5% each. Following the alliance with the Chinese oil major––Sinopec––the project is expected to take off in mid-2011 and supply its first cargo in 2015. The entry of Sinopec into the project will not ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PTR) PetroChina Company Limited Announces Sale of Pipeline Stake</title>
		<link>http://www.stockbloghub.com/2010/12/28/ptr-petrochina-company-limited-announces-sale-of-pipeline-stake/63992</link>
		<comments>http://www.stockbloghub.com/2010/12/28/ptr-petrochina-company-limited-announces-sale-of-pipeline-stake/63992#comments</comments>
		<pubDate>Wed, 29 Dec 2010 04:46:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63992</guid>
		<description><![CDATA[PetroChina Company Limited (PTR) is planning to sell its stake in a gas pipeline operator to its subsidiary Kunlun Energy Co. for approximately $2.9 billion. The decision has been taken by PetroChina to make fuel distribution the main business of Kunlun Energy. PetroChina acquired a majority stake of Kunlunin August 2008 to turn it into a gas distributor. PetroChina’s initiatives toward natural gas is notable as its natural gas business is a potentially lucrative growth area that is expected to witness strong growth in the coming years as China transits from coal to natural gas. At present, two-thirds of China&#8217;s electricity is generated by coal-fired power plants, which emit greenhouse gases that cause pollution. We believe that continued demand growth in China(expected to outperform developed countries in the next few ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/28/ptr-petrochina-company-limited-announces-sale-of-pipeline-stake/63992/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PBR) Petrobras Brasileiro Scores Light Oil in Espirito Santo</title>
		<link>http://www.stockbloghub.com/2010/12/25/pbr-petrobras-brasileiro-scores-light-oil-in-espirito-santo/63514</link>
		<comments>http://www.stockbloghub.com/2010/12/25/pbr-petrobras-brasileiro-scores-light-oil-in-espirito-santo/63514#comments</comments>
		<pubDate>Sun, 26 Dec 2010 03:42:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63514</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced the discovery of light oil in the country’s Espírito Santo Basin. The new well – the deepest find in the region – is expected to have an important bearing regarding further exploration activity in the prolific basin. Drilled to a total depth of 6,988 feet (2,130 meters), the 1-BRSA-882-ESS well, informally known as Indra, is located about 87 miles (140 kilometers) off the city of Vitória in the Espírito Santo state. Petrobras has a 60% operating interest in block BM-ES-32 (where the discovery was made), with the other partner being Norway’s StatoilHydro ASA (STO). As per initial analysis, both oil and reservoir quality is good though additional studies will be required to evaluate volumes, extent and productivity of ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(CEO) China National Offshore Oil Corporation Captures Coal Seam Stake</title>
		<link>http://www.stockbloghub.com/2010/12/09/ceo-china-national-offshore-oil-corporation-captures-coal-seam-stake/61787</link>
		<comments>http://www.stockbloghub.com/2010/12/09/ceo-china-national-offshore-oil-corporation-captures-coal-seam-stake/61787#comments</comments>
		<pubDate>Fri, 10 Dec 2010 00:24:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=61787</guid>
		<description><![CDATA[While China is exploring various alternatives to secure the country’s future gas supply, CNOOC’s (China National Offshore Oil Corp.) latest decision to take a 50% stake in Australia’s Exoma Energy Ltd. should be treated as a welcome development. CNOOC will spend A$50 million ($49 million) to take Exoma’s five Galilee Basin blocks in Queensland state, which are believed to contain world class reserves of coal seam and shale gas. Coal seam gas is methane trapped, hundreds of meters below the earth&#8217;s surface in coal beds. The news came after its unit CNOOC Ltd. (CEO) committed to spend $2.16 billion over the next two years in Chesapeake Energy Corp.&#8216;s (CHK) shale oil and gas acreage in southern Texas. Other Chinese oil majors have also been involved in the acquisition of coal ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/09/ceo-china-national-offshore-oil-corporation-captures-coal-seam-stake/61787/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(CVX) China Petroleum and Chemical Scores Offshore in Indonesia</title>
		<link>http://www.stockbloghub.com/2010/12/06/cvx-china-petroleum-and-chemical-scores-offshore-in-indonesia/61377</link>
		<comments>http://www.stockbloghub.com/2010/12/06/cvx-china-petroleum-and-chemical-scores-offshore-in-indonesia/61377#comments</comments>
		<pubDate>Tue, 07 Dec 2010 01:16:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=61377</guid>
		<description><![CDATA[China Petroleum and Chemical Corporation (SNP or Sinopec), one of the largest petroleum and petrochemical companies in Asia, has signed a deal with Chevron (CVX) to join the $6 billion-plus Gendalo-Gehem deepwater natural gas project off Indonesia&#8217;s East Kalimantan province. Sinopec will assume an 18% interest in the project, comprising Rapak, Ganal and Makassar Straitdeep-sea blocks. The deal follows CNOOC Ltd.’s (CEO) recent acquisition of Argentine assets from BP plc (BP) for $7.06 billion. Though the financial terms of the deal have not been revealed, it helps Sinopec to perk up its position. The company has been lagging its domestic peers PetroChina (PTR) and CNOOC in buying overseas gas assets. Low exposure in LNG receiving terminals may be one of the main reasons for its situation as Sinopec is primarily ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/06/cvx-china-petroleum-and-chemical-scores-offshore-in-indonesia/61377/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PTR) New Kids on the Oil Block are China’s Oil Companies</title>
		<link>http://www.stockbloghub.com/2010/11/12/ptr-new-kids-on-the-oil-block-are-china%e2%80%99s-oil-companies/58793</link>
		<comments>http://www.stockbloghub.com/2010/11/12/ptr-new-kids-on-the-oil-block-are-china%e2%80%99s-oil-companies/58793#comments</comments>
		<pubDate>Fri, 12 Nov 2010 19:45:37 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[REP]]></category>
		<category><![CDATA[Repsol YPF SA]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58793</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Wednesday, November 10, 2010 China’s quest for energy has become a hot topic in recent years. Its search for energy resources has changed the global energy landscape… perhaps forever. This year in particular, its national oil companies have gone into overdrive in expanding. According to energy consultancy Wood Mackenzie, Chinese companies have spent $24.6 billion on overseas oil and gas acquisitions so far this year, with $11.4 billion into Brazil’s offshore oil fields alone. Altogether, they make up a fifth of the larger industry’s deal making in 2010. Yet less than two years ago, China’s national oil companies accounted for a mere 4% of mergers and acquisitions in the sector. Clearly, much has changed since then. Luke Parker, manager of Wood Mackenzie’s merger &#38; ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/12/ptr-new-kids-on-the-oil-block-are-china%e2%80%99s-oil-companies/58793/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SNP) Sinopec, CNOOC Step up for Brazilian Oil and Gas Companies Bid</title>
		<link>http://www.stockbloghub.com/2010/09/14/snp-sinopec-cnooc-step-up-for-brazilian-oil-and-gas-companies-bid/51377</link>
		<comments>http://www.stockbloghub.com/2010/09/14/snp-sinopec-cnooc-step-up-for-brazilian-oil-and-gas-companies-bid/51377#comments</comments>
		<pubDate>Tue, 14 Sep 2010 13:21:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51377</guid>
		<description><![CDATA[China’s initiative to acquire overseas properties seems likely to continue with the recent bidding process for stakes in assets owned by the Brazilian oil and gas companies OGX SA. Sinopec (SNP) and CNOOC Ltd. (CEO)  were likely to launch a joint bid for this $7 billion deal, as per news published in Reuters. After a series of hydrocarbon finds in recent months, OGX, a part of Brazil’s EBX industrial conglomerate, is now conducting exploration activity in 29 blocks in Brazil and is mostly focused on shallow water exploration. Apart from the above mentioned Chinese companies, other potential bidders include Chevron Corp. (CVX), Statoil ASA (STO) and ExxonMobil Corp. (XOM). The OGX deal is another potential step toward the country’s international expansion. China has become the biggest foreign direct investor in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/14/snp-sinopec-cnooc-step-up-for-brazilian-oil-and-gas-companies-bid/51377/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CEO) CNOOC 2010 First Half Earnings Report is Robust</title>
		<link>http://www.stockbloghub.com/2010/08/21/ceo-cnooc-2010-first-half-earnings-report-is-robust/48708</link>
		<comments>http://www.stockbloghub.com/2010/08/21/ceo-cnooc-2010-first-half-earnings-report-is-robust/48708#comments</comments>
		<pubDate>Sun, 22 Aug 2010 02:13:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BlackRock Global Opportunities Equity Trust]]></category>
		<category><![CDATA[BOE]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48708</guid>
		<description><![CDATA[CNOOC Ltd. (CEO) reported its first-half 2010 results. Net profit in the period increased 109.6% year over year to 25.99 billion yuan ($3.8 billion).Earnings per share were 58 yuan per ADR ($8.5). Total revenue in the period was 83.16 billion yuan ($12.2 billion), up 104.6% from the year-earlier level. Oil and gas sales were 67.64 billionyuan ($9.9 billion), up 108%. The robust results were driven by solid production growth and strong oil price realizations. The realized crude oil price in the first half was $76.59 per barrel, up 55.2% year over year. Based on these results and a sound financial position, the company&#8217;s board has decided to pay an interim dividend of $2.7 per ADR. CNOOC’s results have set the stage for its domestic peers such as ChinaPetroleum &#38; Chemical ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/21/ceo-cnooc-2010-first-half-earnings-report-is-robust/48708/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RIG) Oil &amp; Gas Industry Stock Review &#8211; July 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363</link>
		<comments>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363#comments</comments>
		<pubDate>Fri, 23 Jul 2010 15:15:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[CLB]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[FMC Technologies]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44363</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, had been the main driver of the oil rally that saw the commodity zoom past the $85 per barrel level in late April/early May 2010. However, in recent days, concerns about the European debt crisis and China’s growth outlook have renewed apprehensions about the global growth and energy demand. As a result, oil prices have slumped to around $76 per barrel. Additionally, high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, has further dragged down crude prices, in our view. But far too many factors weigh on oil prices &#8212; from OPEC decisions and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BA) Boeing Signs Biofuel Joint Venture with China</title>
		<link>http://www.stockbloghub.com/2010/05/27/ba-boeing-signs-biofuel-joint-venture-with-china/38694</link>
		<comments>http://www.stockbloghub.com/2010/05/27/ba-boeing-signs-biofuel-joint-venture-with-china/38694#comments</comments>
		<pubDate>Thu, 27 May 2010 21:03:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aerospace-Defense - Major Diversified]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[BA]]></category>
		<category><![CDATA[Boeing Company]]></category>
		<category><![CDATA[LMT]]></category>
		<category><![CDATA[Lockheed Martin Corporation]]></category>
		<category><![CDATA[NOC]]></category>
		<category><![CDATA[Northrop Grumman Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38694</guid>
		<description><![CDATA[As a representative of the U.S. government, Boeing Co. (BA) signed a joint venture agreement on Tuesday with Chinese research institutions and state companies including Air China Ltd. and PetroChina Ltd. (PTR) for developing bio-fuel to be used by Chinese airlines. Also, Boeing intends to inaugurate a flight using this alternative energy in 2010. In an effort to combat climate change and promote new industries, the U.S. and China announced this research collaboration. Though the Chinese companies have yet to finalize on the plant that is to be used as a fuel source, researchers are looking at algae and jatropha, a tree grown in south China that produces an oily nut. The goal of the research is to produce a fuel, likely a mix of bio-fuel and standard jet fuel, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/27/ba-boeing-signs-biofuel-joint-venture-with-china/38694/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CHK) Chesapeake Energy’s Future is So Bright</title>
		<link>http://www.stockbloghub.com/2010/05/24/chk-the-future%e2%80%99s-so-bright-chesapeake-energy%e2%80%99s-gotta-wear-shades%e2%80%a6/38106</link>
		<comments>http://www.stockbloghub.com/2010/05/24/chk-the-future%e2%80%99s-so-bright-chesapeake-energy%e2%80%99s-gotta-wear-shades%e2%80%a6/38106#comments</comments>
		<pubDate>Mon, 24 May 2010 21:01:23 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SHI]]></category>
		<category><![CDATA[Sinopec Shanghai Petrochemical Company Limited]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38106</guid>
		<description><![CDATA[Chesapeake Energy (NYSE: CHK) has a lot going for it. The second largest natural gas producer in the United States, it is a leader in natural gas production from shale rock. Recently, it’s made a number of deals with foreign investors, mostly European energy companies. But it did just come to terms with two of Asia’s most active investment funds. They intend to spend $1 billion for a stake in Chesapeake. Temasek, a Singapore sovereign investment fund, has apparently agreed to buy $600 million of convertible preferred stock. And Beijing-based Hopu Investment Management has signed on for another $100 million. In addition, Temasek has a 30-day option to acquire another $500 million worth of shares. Chances are that it will, along with other Asian businesses such as Seatown, Temasek’s sister ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/24/chk-the-future%e2%80%99s-so-bright-chesapeake-energy%e2%80%99s-gotta-wear-shades%e2%80%a6/38106/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PTR) PetroChina Continues Overseas Investment in Properties</title>
		<link>http://www.stockbloghub.com/2010/05/24/ptr-petrochina-continues-overseas-investment-in-properties/38124</link>
		<comments>http://www.stockbloghub.com/2010/05/24/ptr-petrochina-continues-overseas-investment-in-properties/38124#comments</comments>
		<pubDate>Mon, 24 May 2010 20:55:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38124</guid>
		<description><![CDATA[China’s initiative of acquisition of overseas properties seems likely to continue with the recent announcement of PetroChina Co. Ltd. (PTR) to invest $60 billion to increase its overseas oil and gas production to 4 million barrels per day. This is in line with the overseas investment decisions taken by its peers like CNOOC Ltd. (CEO) and Sinopec (SNP). Though PetroChina did not mention any time schedule for making this investment, it hinted that it will purchase most of its parent’s (China National Petroleum) overseas assets in the years to come. In addition, the company will build a refinery in Syria and plans to bring online an oilfield in Iran this year. China’s impressive economic growth has significantly increased its demand for oil, natural gas and chemicals. This growth momentum presents ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/24/ptr-petrochina-continues-overseas-investment-in-properties/38124/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDSA) Royal Dutch Shell to Sell Syrian Unit Stake</title>
		<link>http://www.stockbloghub.com/2010/05/23/rdsa-royal-dutch-shell-to-sell-syrian-unit-stake/37873</link>
		<comments>http://www.stockbloghub.com/2010/05/23/rdsa-royal-dutch-shell-to-sell-syrian-unit-stake/37873#comments</comments>
		<pubDate>Mon, 24 May 2010 04:23:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37873</guid>
		<description><![CDATA[Energy major Royal Dutch Shell Plc. (RDSA) has agreed to sell 35% interest in its Syrian oil and gas unit to China National Petroleum Corporation (also known as CNPC), a state-owned entity. As per the 20-year deal, estimated to be worth around $1.5 billion, CNPC will buy stake in Shell&#8217;s 100% owned unit, the Syria Shell Petroleum Development, or SSPD. The Syrian unit has interests in three production licenses (Deir-Ez-Zor, Fourth Annex, and Ash Sham) that are operated by Al Furat Petroleum Co., or AFPC, with Shell holding a 31.25% share. Last year, Shell received 23,000 barrels of oil equivalent per day as a share of production from the licenses. CNPC is already involved in the production licenses and in AFPC by way of its 50% ownership of Himalaya Energy ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/23/rdsa-royal-dutch-shell-to-sell-syrian-unit-stake/37873/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EIA) Oil &amp; Gas May 2010 Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/05/17/eia-oil-gas-may-2010-industry-outlook/37480</link>
		<comments>http://www.stockbloghub.com/2010/05/17/eia-oil-gas-may-2010-industry-outlook/37480#comments</comments>
		<pubDate>Tue, 18 May 2010 00:27:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[CLB]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[FMC Technologies]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[SU]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Suncor Energy Inc]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37480</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, has been the main driver of the oil rally that saw the commodity breaching the $85 per barrel level earlier this month. However, in recent days, concerns about the European debt crisis and China’s growth outlook have renewed apprehensions about the global growth and energy demand. As a result, oil prices have slumped to a 3-month low. Additionally, high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, has further dragged down crude prices, in our view. But way too many factors weigh on oil prices &#8212; from OPEC decisions and geostrategic tensions to the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/17/eia-oil-gas-may-2010-industry-outlook/37480/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PTR) PetroChina Analyst Cuts Rating to Neutral</title>
		<link>http://www.stockbloghub.com/2010/04/13/ptr-petrochina-analyst-cuts-rating-to-neutral/33594</link>
		<comments>http://www.stockbloghub.com/2010/04/13/ptr-petrochina-analyst-cuts-rating-to-neutral/33594#comments</comments>
		<pubDate>Tue, 13 Apr 2010 21:50:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33594</guid>
		<description><![CDATA[We are downgrading PetroChina Co. Ltd. (PTR) ADRs to Neutral from Outperform, particularly concerned by the high-priced gas imports in the face of low domestic gas sale prices. As more high-priced gas import is being brought in, there is an urgent need for PetroChina to press the government to raise artificially low domestic gas sale prices in line with global levels. As of now, gas imports are coming at a loss, thereby pressurizing the company’s profitability. Sluggish oil production growth prospects and heavy exposure to significantly mature producing areas also remain near-term headwinds, in our view. Unpredictable energy prices and an ambitious investment program add to the downbeat sentiment. However, the company’s leverage to the fast growing Chinese market, the turnaround in commodity prices, and attractive growth prospects in the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/13/ptr-petrochina-analyst-cuts-rating-to-neutral/33594/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDSA) Royal Dutch Shell in China Gas Deal</title>
		<link>http://www.stockbloghub.com/2010/03/27/rdsa-royal-dutch-shell-in-china-gas-deal/31689</link>
		<comments>http://www.stockbloghub.com/2010/03/27/rdsa-royal-dutch-shell-in-china-gas-deal/31689#comments</comments>
		<pubDate>Sat, 27 Mar 2010 21:04:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31689</guid>
		<description><![CDATA[Energy major Royal Dutch Shell Plc. (RDSA) has agreed to jointly develop a natural gas project in China with the country’s state-owned entity China National Petroleum Corporation, also known as CNPC. The financial terms of the transaction were not disclosed. As per the 30-year deal, which is subject to clearance from the Beijing government, Shell and CNPC will examine and appraise the potential to develop so-called ‘tight gas’ in a 4,000 square kilometer area in the Jinqiu block of central Sichuan Province. The gas deposits are expected to produce 2 - 3 billion cubic meters of gas annually, with Shell taking the majority share in exchange for all the exploration risks. An unconventional source of energy, tight gas is similar to shale deposits and is locked in rock formations that must ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/27/rdsa-royal-dutch-shell-in-china-gas-deal/31689/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CEO) CNOOC Limited Signs Agreement For Liquefied Natural Gas in Australia</title>
		<link>http://www.stockbloghub.com/2010/03/27/ceo-cnooc-limited-signs-agreement-for-liquefied-natural-gas-in-australia/31987</link>
		<comments>http://www.stockbloghub.com/2010/03/27/ceo-cnooc-limited-signs-agreement-for-liquefied-natural-gas-in-australia/31987#comments</comments>
		<pubDate>Sat, 27 Mar 2010 20:45:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31987</guid>
		<description><![CDATA[CNOOC Ltd. (CEO) has signed an agreement with BG Group of Australia for the purchase of liquefied natural gas (LNG) from Queensland Curtis LNG (&#8220;QCLNG&#8221;) facility on Curtis Island, Australia. As per the agreement, CNOOC will purchase 3.6 million tons of LNG annually for next 20-year period. CNOOC will also become a 10% equity investor in QCLNG liquefaction Train 1. In addition, CNOOC will buy 5% of BG’s interest in the coal-seam gas (also known as coal-seam methane) reserves and resources at the Surat Basin in Queensland. Book value of the assets in question is approximately $270 million. Production of coal-seam gas has been gaining traction for various environmental benefits. The gas is normally trapped in stores of methane hundreds of meters below the Earth&#8217;s surface. It doesn&#8217;t produce sulfur ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/27/ceo-cnooc-limited-signs-agreement-for-liquefied-natural-gas-in-australia/31987/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PTR) PetroChina Posts Lower Profit As Upstream Profit Plunges</title>
		<link>http://www.stockbloghub.com/2010/03/25/ptr-petrochina-posts-lower-profit-as-upstream-profit-plunges/31759</link>
		<comments>http://www.stockbloghub.com/2010/03/25/ptr-petrochina-posts-lower-profit-as-upstream-profit-plunges/31759#comments</comments>
		<pubDate>Fri, 26 Mar 2010 00:34:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31759</guid>
		<description><![CDATA[Chinese energy giant PetroChina Co. Ltd. (PTR) announced 2009 earnings of RMB 103.4 billion or RMB 0.56 per diluted share, compared to RMB 114.5 billion or RMB 0.63 per diluted share a year earlier. Earnings per ADR came in at $8.20 (Exchange rate: US$1.00=RMB 6.8315, 1 ADR = 100 shares), lower than the Zacks Consensus Estimate of $8.91. The negative comparisons can be primarily attributable to lower oil prices and weaker energy demand amid the global recession. PetroChina’s total revenue for the year totaled RMB 1,019.3 billion, a decrease of 5.0% from the year-earlier period. Upstream Profit Plunges The company’s upstream segment achieved steady growth in natural gas output during the twelve months ended Dec 31, 2009, while oil volumes fell slightly. Crude oil output was 843.5 million barrels, down ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/ptr-petrochina-posts-lower-profit-as-upstream-profit-plunges/31759/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDSA) Shell and PetroChina to Acquire Arrow Energy</title>
		<link>http://www.stockbloghub.com/2010/03/25/rdsa-shell-and-petrochina-to-acquire-arrow-energy/31439</link>
		<comments>http://www.stockbloghub.com/2010/03/25/rdsa-shell-and-petrochina-to-acquire-arrow-energy/31439#comments</comments>
		<pubDate>Thu, 25 Mar 2010 21:59:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31439</guid>
		<description><![CDATA[Australian natural gas producer Arrow Energy Ltd. announced that it has accepted a new, improved joint takeover bid from energy majors Royal Dutch Shell Plc. (RDSA) and PetroChina Co. Ltd. (PTR). The offer now requires approval from Arrow shareholders and the Australian regulators. The revised proposal, worth about A$3.44 billion ($3.14 billion), came from a company jointly owned by Royal Dutch Shell and PetroChina. As per the bid, Arrow shareholders would get A$4.70 per share in cash (up from A$4.45 offered before) plus one share in a new listed entity, Dart Energy Ltd., which would comprise Arrow&#8217;s Asian exploration assets (including interests in China, India, Vietnam and Indonesia), as well as some Australian assets. Brisbane-based Arrow Energy is focused on the development of coal seam gas (a form of natural ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/rdsa-shell-and-petrochina-to-acquire-arrow-energy/31439/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) Oil &amp; Gas Industry Stock Review &#8211; March 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/03/25/eia-oil-gas-industry-stock-review-march-2010-industry-outlook/31594</link>
		<comments>http://www.stockbloghub.com/2010/03/25/eia-oil-gas-industry-stock-review-march-2010-industry-outlook/31594#comments</comments>
		<pubDate>Thu, 25 Mar 2010 21:48:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[REP]]></category>
		<category><![CDATA[Repsol YPF SA]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31594</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level. But high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, will limit any sustained gains, in our view. Way too many factors weigh on oil prices &#8212; from OPEC decisions and geostrategic tensions to the value of the U.S. dollar and seasonal variables &#8212; to definitively size up each one of them for their respective impact on prices. For the week ending Mar. 5, the federal government’s Energy Information Administration (EIA) reported that crude ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/eia-oil-gas-industry-stock-review-march-2010-industry-outlook/31594/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LNG) International Oil: The Best Way To Play These Strange Bedfellows For Ultimate Profits</title>
		<link>http://www.stockbloghub.com/2010/03/25/lng-international-oil-the-best-way-to-play-these-strange-bedfellows-for-ultimate-profits/31471</link>
		<comments>http://www.stockbloghub.com/2010/03/25/lng-international-oil-the-best-way-to-play-these-strange-bedfellows-for-ultimate-profits/31471#comments</comments>
		<pubDate>Thu, 25 Mar 2010 20:05:53 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31471</guid>
		<description><![CDATA[If strange situations make for strange bedfellows, then these are strange times indeed. Major international oil companies and national Chinese oil companies have begun snuggling up with each other. The two groups have very little in common. But that hasn’t stopped CNOOC ADR (NYSE: CEO). An offshoot of China National Offshore Oil Corporation, CNOOC will pay $3.1 billion for a 50% stake in Argentina’s Bridas. The deal also gives the Chinese company rights to 40% of Pan American Energy, Argentina’s second biggest oil producer and largest oil exporter. That business, owned in part by Britain’s BP ADR (NYSE: BP), produced almost 230,000 barrels of oil per day in 2008. Royal Dutch Shell ADR (NYSE: RDSA) bucked tradition as well recently. Together with PetroChina ADR (NYSE: PTR), it made a joint, ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($VLO) Oil &amp; Gas Industry Stock Review &#8211; March 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/03/23/vlo-oil-gas-industry-stock-review-march-2010-industry-outlook/31459</link>
		<comments>http://www.stockbloghub.com/2010/03/23/vlo-oil-gas-industry-stock-review-march-2010-industry-outlook/31459#comments</comments>
		<pubDate>Tue, 23 Mar 2010 17:41:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[REP]]></category>
		<category><![CDATA[Repsol YPF SA]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31459</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level. But high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, will limit any sustained gains, in our view. Way too many factors weigh on oil prices &#8212; from OPEC decisions and geostrategic tensions to the value of the U.S. dollar and seasonal variables &#8212; to definitively size up each one of them for their respective impact on prices. For the week ending Mar. 5, the federal government’s Energy Information Administration (EIA) reported that crude ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/23/vlo-oil-gas-industry-stock-review-march-2010-industry-outlook/31459/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDSA) Royal Dutch Shell PLC &amp; PetroChina Target Arrow</title>
		<link>http://www.stockbloghub.com/2010/03/08/rdsa-royal-dutch-shell-plc-petrochina-target-arrow/30051</link>
		<comments>http://www.stockbloghub.com/2010/03/08/rdsa-royal-dutch-shell-plc-petrochina-target-arrow/30051#comments</comments>
		<pubDate>Mon, 08 Mar 2010 23:57:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30051</guid>
		<description><![CDATA[Australian natural gas producer Arrow Energy Ltd. announced that it has received a joint takeover bid from energy majors Royal Dutch Shell PLC (RDSA) and PetroChina Co. Ltd. (PTR). The non-binding, conditional proposal, worth about A$3.3 billion ($3 billion), came from a company jointly owned by Royal Dutch Shell and PetroChina. Per the bid, Arrow shareholders would get A$4.45 per share in cash (28% premium to Friday’s closing price) plus interest in a new entity, which would comprise Arrow&#8217;s international business. Following the offer, shares in Arrow Energy surged 47% on the Australian exchange. However, the company has advised its shareholders not to take any action at the moment adding that it had appointed financial and legal advisers to look at the proposal. Brisbane-based Arrow Energy is focused on supplying ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/08/rdsa-royal-dutch-shell-plc-petrochina-target-arrow/30051/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EIA) Oil &amp; Gas Stock Outlook &#8211; January 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/01/20/eia-oil-gas-stock-outlook-january-2010-industry-outlook/25463</link>
		<comments>http://www.stockbloghub.com/2010/01/20/eia-oil-gas-stock-outlook-january-2010-industry-outlook/25463#comments</comments>
		<pubDate>Wed, 20 Jan 2010 22:34:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[CAM]]></category>
		<category><![CDATA[Cameron International Corporation]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25463</guid>
		<description><![CDATA[Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity settling around the $80 per barrel level. But high levels of product inventories (particularly gasoline), along with still higher supplies, will limit any sustained crude gains, in our view. But way too many factors weigh on oil prices &#8212; from OPEC decisions and geostrategic tensions to the value of the U.S. dollar and seasonal variables &#8212; to definitively size up each one of them for their respective impact on prices. In its latest release, the Energy Information Administration (EIA) reported a higher-than-anticipated increase in crude stockpiles, which rose by 3.7 million barrels for the week ending Jan 8. This follows a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/20/eia-oil-gas-stock-outlook-january-2010-industry-outlook/25463/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SNP) Sinopec and BP plc Are In Talks For Shale Gas</title>
		<link>http://www.stockbloghub.com/2010/01/19/snp-sinopec-and-bp-are-in-talks-for-shale-gas/25292</link>
		<comments>http://www.stockbloghub.com/2010/01/19/snp-sinopec-and-bp-are-in-talks-for-shale-gas/25292#comments</comments>
		<pubDate>Tue, 19 Jan 2010 23:34:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[SNP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25292</guid>
		<description><![CDATA[Sinopec (SNP), the Chinese oil giant, is in talks over a possible collaboration with BP plc (BP) in shale gas development. This discussion follows the finalization of a deal between Royal Dutch Shell (RDSA) and PetroChina (PTR) during last November to jointly develop shale gas resources in southwest China. For this project, Sinopec has charted a total of 3,000 square kilometers Incorporatedluding 2,000 square kilometers in southwestern China and 1,000 square kilometers in eastern China. To tap these resources, China is seeking foreign expertise. For shale gas development, a huge amount of water along with chemicals is needed to be pumped into the ground at high pressure to break up the rock. Following the accomplishment of two deals with Chesapeake Energy (CHK) in 2008, BP has been gaining expertise in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/19/snp-sinopec-and-bp-are-in-talks-for-shale-gas/25292/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CVX) Chevron and Nippon Oil in Liquefied Natural Gas Deal</title>
		<link>http://www.stockbloghub.com/2010/01/10/cvx-chevron-and-nippon-oil-in-liquefied-natural-gas-deal/24590</link>
		<comments>http://www.stockbloghub.com/2010/01/10/cvx-chevron-and-nippon-oil-in-liquefied-natural-gas-deal/24590#comments</comments>
		<pubDate>Sun, 10 Jan 2010 23:38:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24590</guid>
		<description><![CDATA[Chevron Corp. (CVX), the second-biggest U.S. energy company, has entered into a deal to sell 300,000 tons of liquefied natural gas (LNG) per annum from its Gorgon venture in Australia. The company said its Australian subsidiary has signed a long-term agreement with Japanese refiner Nippon Oil Corp. As per the contract, Chevron would provide LNG to Nippon Oil for a period of 15 years. The value of the deal has been estimated at about $3 billion. Chevron Australia approximately holds a 47% operated interest in the A$43 billion ($37 billion) Gorgon development. The other partners are ExxonMobil Corp. (XOM) and Royal Dutch Shell PLC (RDSA). The Gorgon gas fields, off the coast of Western Australia, are estimated to contain 40 trillion cubic feet of gas deposits with an expected economic ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/10/cvx-chevron-and-nippon-oil-in-liquefied-natural-gas-deal/24590/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PTR) PetroChina Company Limited Upped to Outperform</title>
		<link>http://www.stockbloghub.com/2010/01/04/ptr-petrochina-company-limited-upped-to-outperform/24079</link>
		<comments>http://www.stockbloghub.com/2010/01/04/ptr-petrochina-company-limited-upped-to-outperform/24079#comments</comments>
		<pubDate>Mon, 04 Jan 2010 18:14:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24079</guid>
		<description><![CDATA[We are upgrading PetroChina Company Limited (PTR) ADRs to Outperform from Neutral, reflecting the company’s leverage to the fast growing Chinese market and the turnaround in commodity prices. Being one of the two Chinese integrated oil companies, PetroChina is well-positioned to capitalize on these favorable trends. We also like PetroChina’s recent foray in the oil sands business through its $1.8 billion acquisition of majority stakes in two Canadian projects. We see this transaction as part of the company’s long-term strategic plan to explore one of the world&#8217;s largest untapped oil regions and supplement its conventional reserves. Moreover, PetroChina’s easy access to credit and ability to handle sour heavy crude oil makes Canadian oil sands more financially viable. Attractive growth prospects in the downstream and natural gas sectors are other positives ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/04/ptr-petrochina-company-limited-upped-to-outperform/24079/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PTR) PetroChina &#8211; ADR- Bull of the Day</title>
		<link>http://www.stockbloghub.com/2009/12/31/ptr-petrochina-adr-bull-of-the-day/23992</link>
		<comments>http://www.stockbloghub.com/2009/12/31/ptr-petrochina-adr-bull-of-the-day/23992#comments</comments>
		<pubDate>Thu, 31 Dec 2009 18:37:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23992</guid>
		<description><![CDATA[We are upgrading PetroChina (PTR) ADRs to Outperform from Neutral, reflecting the company&#8217;s leverage to the fast-growing Chinese market and the turnaround in commodity prices. Being one of the two Chinese integrated oil companies, PetroChina is well-positioned to capitalize on these favorable trends. We also like the company&#8217;s recent foray in the oil sands business through its $1.8 billion acquisition of majority stakes in two Canadian projects. Attractive growth prospects in the downstream and natural gas sectors are other positives in the PetroChina story. Despite some near-to-medium term concerns that include rising costs, a downstream-centric asset portfolio and special levies on domestic crude oil sales, the company&#8217;s long-term outlook is compelling. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/31/ptr-petrochina-adr-bull-of-the-day/23992/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PTR) PetroChina Company&#8217;s Canadian Project Earns Government OK</title>
		<link>http://www.stockbloghub.com/2009/12/30/ptr-petrochina-companys-canadian-project-earns-government-ok/23921</link>
		<comments>http://www.stockbloghub.com/2009/12/30/ptr-petrochina-companys-canadian-project-earns-government-ok/23921#comments</comments>
		<pubDate>Wed, 30 Dec 2009 21:31:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23921</guid>
		<description><![CDATA[PetroChina Company Ltd. (PTR), the largest integrated oil company in China, gained approval from the Canadian government to acquire a majority stake in two oil sands projects in western Canada for C$1.9 billion ($1.8 billion). The decision is subject to commitments by PetroChina on spending and investment, as well as job creation. As per the terms of the agreement with Athabasca Oil Sands Corp. (a privately held Calgary-based group) announced in August, the Chinese energy giant will purchase a 60% working interest in the Canadian company’s proposed MacKay River and the Dover ventures in northern Alberta. The deal is currently the largest venture by China in Canadian oil sands. According to an independent third party evaluation, the oil sands that PetroChina plans to exploit are estimated to contain as many ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/30/ptr-petrochina-companys-canadian-project-earns-government-ok/23921/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CVX) Chevron Sells More Liquefied Natural Gas From Gorgon Venture</title>
		<link>http://www.stockbloghub.com/2009/12/27/cvx-chevron-sells-more-liquefied-natural-gas-from-gorgon-venture/23598</link>
		<comments>http://www.stockbloghub.com/2009/12/27/cvx-chevron-sells-more-liquefied-natural-gas-from-gorgon-venture/23598#comments</comments>
		<pubDate>Sun, 27 Dec 2009 22:34:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23598</guid>
		<description><![CDATA[Chevron Corp. (CVX) – the second-biggest U.S. energy company – entered into a deal to sell 1.44 million tons of liquefied natural gas (LNG) per annum from its Gorgon venture in Australia. The company said that its Australian subsidiary has signed a long-term agreement in this regard with Japanese firm Chubu Electric Power Co. As per the contract, Chevron would provide LNG to Chubu Electric for a period of 25 years. The agreement would also see Chubu Electric acquire 0.417% of Chevron’s equity share in the Gorgon project. Subsequent to the sale to Chubu, Chevron Australia will hold about 47% operated interest in the A$43 billion ($37 billion) development, with the other partners being ExxonMobil Corp. (XOM) and Royal Dutch Shell PLC (RDSA). The Gorgon gas fields, off the coast ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RDSA) Royal Dutch Shell Wins Iraq Oil Field Contract</title>
		<link>http://www.stockbloghub.com/2009/12/15/rdsa-royal-dutch-shell-wins-iraq-oil-field-contract/22913</link>
		<comments>http://www.stockbloghub.com/2009/12/15/rdsa-royal-dutch-shell-wins-iraq-oil-field-contract/22913#comments</comments>
		<pubDate>Wed, 16 Dec 2009 05:41:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22913</guid>
		<description><![CDATA[Royal Dutch Shell (RDSA) has won a contract to redevelop Iraq&#8217;s massive Majnoon oil field. Located in southern Iraq, the Majnoon field holds an estimated 12.8 billion barrels of oil. Shell will operate the Majnoon project and hold a 45% share. Petronas, Malaysia’s state oil company will hold 30% and Iraq will hold the rest. Shell has accepted a very low fee of $1.39 a barrel and promised to boost the Majnoon field’s production to 1.8 million barrels a day from the current production of 46,000 barrels per day. Shell owns one of the largest integrated oil and gas businesses in the world. The company has operations all over the world and is involved in various activities related to oil and natural gas, chemicals, power generation, renewable energy resources and ]]></description>
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		<slash:comments>0</slash:comments>
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