Norway's Statoil said Monday it has discovered a large oil reserve in the Barents Sea, its second major oil find in the Arctic region in less than a year.
The state-controlled oil company said a well drilled in the Havis prospect in the Barents Sea proved both oil and gas at an estimated volume of between 200 million and 300 million barrels of recoverable oil equivalents.
Last April, Statoil said it had discovered between 150 million-250 million recoverable barrels of oil equivalents in the nearby Skrugard prospect.
The company has received a huge boost to its reserves in the past year. In August, it announced the biggest find in the Norwegian continental shelf in 30 years with a massive discovery of 500 million to 1.2 billion barrels of oil in the North Sea. The more oil discovered away from despots and 3rd world religious crackpots the better! Continued on Page 47
#1
We are sitting on more oil reserves than the 3rd world despots. Unfortunately, the Dems are more interested in $5.gasoline so the gas taxes can fund their socialist crap than they are in energy independence.
We have more oil in ANWR than Saudi Arabia and more shale oil in Colorado, Wyoming, North and South Dakota than Saudi Arabia and Iran combined AND the oil that whatshisname will not let us drill for in the Gulf of Mexico is more than Libya, UAE, and Qatar combined. We have more oil than anyone. Its funny how these socialist democracies that the Dems love all are exploring for and drilling for oil like crazy and we build windmills that the enviros won't let us use and we build factories in Finland for cars that no one can afford.
Posted by: Bill Clinton ||
01/11/2012 10:32 Comments ||
Top||
#2
Good thing they don't have Obama running their country. They'll be allowed to drill.
h/t Gates of Vienna
German exports from January to November 2011 totaled 976 billion euros ($1,25 trillion), according to the Wiesbaden-based Federal Statistics Office. That's a 12-percent increase over corresponding figures from 2010.
Continued on Page 47
#3
tipper yes that's what I have seen also. China cutting back will put the brakes on fast. France is in bad shape also. The last two years of kick the can will be followed by more of the same. They predict that 2012 will be the end of the Euro. All you hear is our banks are in good shape.
Don't worry be happy.
[Daily Nation (Kenya)] The Dutch government Tuesday banned the use of khat, a leaf native to East Africa chewed for its stimulant properties mainly by the Netherlands' sizeable Somali community.
"The drug khat is banned," the Dutch Immigration, Health and Justice departments said in a joint statement.
Khat is grown in the Horn of Africa and has for centuries been chewed by users in Ethiopia, Kenya, Somalia and Yemen.
"The problem lies especially within the Somali community, which is much larger than the Kenyan or Yemeni communities within our country," immigration department front man Frank Wassenaar told AFP, adding there were about 27,000 Somalis living in the Netherlands.
"If taken in moderation there are no major problems, but an investigation showed it to be problematic among some 10 percent of khat users," leading to health and social issues, added the statement.
An independent report commissioned by the Dutch government has cited noise, littering and groups of men who "roam the streets perceived as threatening", as some of the effects.
The orderly Dutch don't properly appreciate groups of men dribbling greenly as they roam? How odd.
With high unemployment and low education levels, the Dutch Somali community was "late" in terms of integration, the report said.
Imported legally via Amsterdam's Schiphol airport four times a week, khat is distributed throughout the Netherlands but also in Germany, Sweden, Denmark and Norway, it added.
Around 843 tonnes of khat, worth a minimum 14 million euros (U$18 million) passed through Schiphol in 2010, up from 714 tonnes in 2009 and 693 tonnes in 2008.
Britannia and the Netherlands currently allow the import, trade and consumption of khat, according to a European Monitoring Centre for Drugs and Drug Addiction letter of July last year entitled "Drugs in focus."
Fifteen of the European Union's ...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing... 27 states and Norway list khat as an illegal narcotic, while in the other EU countries, the plant was not subjected to any controls, the EMCDDA letter said.
KIEV: The husband of Ukraines jailed opposition leader Yulia Tymoshenko said on Tuesday enormous pressure and persecution by President Viktor Yanukovichs government forced him to flee to the Czech Republic.
Oleksander Tymoshenko, 51, who was granted political asylum in the Czech Republic on Jan. 6, said in a statement that by fleeing abroad he had deprived Yanukovich of additional leverage over the opposition.
The regime in Ukraine has not shied away from using dirty methods. They were not able to break Yulia Tymoshenko either through intimidation, the courts, imprisonment or torture. So they resorted to even uglier means. They began to persecute me and other members of her family, he said.
Yulia Tymoshenko, a charismatic politician, helped lead the 2004 Orange Revolution street protests which thwarted a first bid for the presidency by Yanukovich. She went on to serve two terms as prime minister.
But, after Yanukovich made a comeback and beat her in an election for the presidency in Feb. 2010, criminal proceedings were brought against her and other members of the opposition culminating in her prosecution last year.
She was jailed for seven years in October on a charge of exceeding her powers by forcing through a 2009 gas deal with Russia as prime minister which the Yanukovich government says saddled Ukraine with an exorbitant price for gas. The 51-year-old is now in prison in Kharkiv some 500 km (300 miles) away from the capital Kiev.
Her trial was condemned by the United States and the European Union as politically motivated and the affair has seriously strained Yanukovichs ties with the West.
Oleksander Tymoshenko, who kept a low profile during his wifes roller-coaster political career, is part owner of a business registered in the Czech Republic. I do not want to provide Yanukovich with any additional leverage against the opposition and for me political asylum is the only way to achieve this goal, he said in his statement.
Continued on Page 47
Posted by: Steve White ||
01/11/2012 00:00 ||
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Link ||
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A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
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Rantburg was assembled from recycled algorithms in the United States of America. No
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Norway's Statoil said Monday it has discovered a large oil reserve in the Barents Sea, its second major oil find in the Arctic region in less than a year.
