BPZ Energy Exploring Peru's Oil Fields Attracts World-Class Partner

Russia’s decision to give China a share of prized Arctic exploration licenses as part of a “breakthrough” deal signals how the world’s largest oil and gas producer and the biggest energy consumer are redrawing the global energy map.

India's Oil and Natural Gas Corp. on Friday signed a deal with US-based energy giant ConocoPhillips to jointly explore and develop shale gas reserves and deep-water oil fields.Under the agreement, the two firms will explore shale resources in India, North America and other regions, Oil and Natural Gas Corp. (ONGC) chairman Sudhir Vasudeva said.The deal with ConocoPhillips, the world's fifth largest energy firm, would also include exploring deepwater blocks in India's eastern offshore region.

BPZ Resources (BPZ) Q4 2012 Earnings Call March 08, 2013 11:00 am ET Executives A. Pierre Dubois - Head of Investor Relations and Corporate Communications Manuel Pablo Zúñiga-Pflücker - Chief Executive Officer, President and Director Richard S. Menniti - Chief Financial Officer and Principal Accounting Officer Richard J. Spies - Chief Operating Officer Analysts

By Caiman Valores:With the recent offshore pre-salt oil discoveries in Brazil and the ongoing Colombian oil boom, oil exploration and production in South America is firmly on investors' radars. This has seen a number of micro and small-cap exploration and production companies commence operations in the region and the boom spread to neighboring Ecuador and Peru.

The rush to export liquefied natural gas from North American shores will help drive asset deals, mergers and acquisitions in 2013, part of a wave of global consolidation led by cash-flush national oil companies that could see several Canadian companies taken out. Watch for “bigger and bolder” moves by state-run behemoths this year, “as the share of oil and gas consumption by Asian countries continues to rise and pressure on Asian NOCs to ‘go global’ increases,” said Neil Beveridge, a senior analyst at Sanford C. Bernstein in Hong Kong.

Encana Corp.’s $1.18-billion joint venture with state-owned PetroChina Co. signals the first of many foreign deals as companies seek to navigate new Canadian rules that favour minority stakes over takeovers. Athabasca Oil Corp., Talisman Energy Inc. and Canadian Natural Resources Ltd. may attract overseas investors eager to gain access to oil and natural gas resources, as the companies seek funds for drilling and development costs.

By Devon Shire: With approval last week of the foreign takeovers of Nexen (NXY) and Progress Energy (PRQNF.PK), many investors were worried that the Canadian Government would be clamping down on future foreign investment in the sector.That worry appears to have been misplaced.

Michael Kudrna submits: Dejour Energy (DEJ), known as Dejour Enterprises prior to March 2011, engages in acquiring, exploring, and developing energy projects with a focus on oil and gas exploration in Canada and the United States.