The Moscow Times reports that TNK-BP intends to invest $1.3 billion in upgrading refineries in Russia and Ukraine over the next five years.  Transneft has announced that second-quarter net income advanced 71% from the same period last year.  Total has reportedly received approval from a Russian regulator to purchase a 49% stake in the operator of a gas condensate field in northwest Russia.  China Petrochemical Corporation may help Rosneft fund a Russian refinery in the Far East.  Rosneft is apparently looking for licenses to more than 30 oil and gas deposits in the Arctic offshore area.  Kaisun Energy Group has announced it will buy out a Russian oilfield company, Nobel Holdings Investments, invested in by China Investment Corp.  Kaisun's share prices rose to a record high following the announcement.  Developing oil in Iraq will ...

OriginOil, Inc. (OOIL.OB) Leads the Way in Algae to Oil Technology

OriginOil Incorporated is developing a breakthrough technology that will transform algae into a true competitor to petroleum. Algae is one of the most promising future sources of renewable oil. Much of the world’s oil and gas deposits came from ancient algae deposits.

On April 20, 2009, OriginOil announced an innovative single-step process to extract oil from algae. In addition to integrating this process into its own production system, the company plans to rapidly commercialize the patent-pending process for use by others in the rapidly-growing algae industry.

Initial testing indicates that the new algae oil extraction process is simpler and more efficient than current systems, without requiring chemicals or significant capital expenditure for heavy machinery. Unlike some competing systems, the company’s process will not disrupt the environment or the food supply chain.

The company released a time-lapse video which begins with a batch

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Bald Eagle Energy, Inc., (BEEI.OB) is in good company as it seeks out oil and gas deposits in the Arctic regions of Alaska. Some of the biggest oil and gas companies in the world are exploring or producing, both on shore and off shore, in and around Alaska.

• ExxonMobil (NYSE:XOM) has been in Alaska for a long time, having invested over $20 billion since 1954, and it’s still there, producing approximately 140,000 barrels of oil per day.

• Royal Dutch Shell (NYSE:RDS-B) is investing billions into offshore exploration in the Beaufort Sea and Chukchi Sea, off Alaska’s north and northwest coasts.

• British Petroleum (NYSE:BP) operates the largest oil field in North America, the Prudhoe Bay Field in far northern Alaska, along with other oil fields and pipelines on Alaska’s North Slope.

• Chevron Corp. (NYSE:CVX) has a number of exploration and production operations on Alaska’s North

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One of the most interesting things that nature does is place the most remarkable items where they seem least likely to be found. Medications in the deepest jungle of the Amazon, or large waterfalls deep underground don’t seem like they should be found in those locations, but they are. Looking for new areas of investment can often follow the same unexpected formula. If an investor looks for a solid investment in a place where they might not ordinarily look, investors may find a way to profit.

American Energy Group Ltd., a Connecticut-based developmental oil and gas exploration company, works to develop and exploit oil and gas deposits primarily in Pakistan. The company currently has ongoing construction and development plans at two sites within the country.

Although one might not consider Pakistan as a primary supplier of oil and gas, it does hold solid potential for domestic oil and gas production and consumption.

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One of the most interesting things that nature does is place the most remarkable items where they seem least likely to be found. Medications in the deepest jungle of the Amazon, or large waterfalls deep underground don’t seem like they should be found in those locations, but they are. Looking for new areas of investment can often follow the same unexpected formula. If an investor looks for a solid investment in a place where they might not ordinarily look, investors may find a way to profit.

American Energy Group Ltd., a Connecticut-based developmental oil and gas exploration company, works to develop and exploit oil and gas deposits primarily in Pakistan. The company currently has ongoing construction and development plans at two sites within the country.

Although one might not consider Pakistan as a primary supplier of oil and gas, it does hold solid potential for domestic oil and gas production and consumption.

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In the natural resources exploration and development game, all the testing and exploration in the world is of little use unless the end-product can be extracted at a profitable cost/price ratio. For the most part, achieving this ratio requires excellent planning and execution to maximize yield and minimize cost. From an investment perspective, a management team with a valid, long-term plan and the capacity to make it work is required. An investor who can find such a team, and company, with development prospects is an investor who will most likely profit.

Petrosearch Energy Corp., an oil and gas exploration and development company, works to exploit oil and gas deposits primarily in Texas. The company holds exploration and near-term development properties in North Dakota and Mississippi.

From all appearances, the company is following a well-calculated and forward-thinking strategy of exploration and development. February 2006 found the company entering the Barnett Shale region

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Over the last year or so, smaller oil and gas exploration and development companies have been popping up across the North American landscape. Each is working to profit from what many hope is a vast untapped pool of undiscovered or left behind oil and gas. At some point, however, the timing of getting this oil and gas out of the ground, and profiting by it, is not optimum. Market events take over and make exploration and development more difficult. An investor that can find a company with optimally scheduled oil and gas development programs, which mesh with market variations, is an investor that is ready to profit when events align.

Force Energy Corp., a development stage oil and gas exploration and development company, works to discover and exploit oil and gas deposits primarily in southwestern Wyoming. The company is currently in a transition phase from exploration to development at its primary

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The “next quarter” crowd of investors is quickly finding out the true implications of their shortsightedness. Instead of enjoying long term investment payoff in a solid and consistent manner, they are now experiencing the hangover of wanting it all now. Slow and careful planning with consistent execution has always been the most predictable way to build a business and profit by it. For those investors who have followed this philosophy, today’s events will likely be less painful and more profitable… tomorrow.

Jayhawk Energy Inc., an oil and gas exploration and development company, works to exploit oil and gas deposits primarily in Kansas and North Dakota. The company follows a low-risk development and drilling strategy through its large tracts of majority-owned (up to 95% in some instances) exploration and drilling properties.

The associations that come with being named Jayhawker are no coincidence when considering Jayhawk Energy. A no-nonsense approach to doing business

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The lure of a big pay day is usually what gets a new company off the ground. The reality of getting a new company off the ground, however, is that long hours and false starts will be needed to make that pay day happen. In the end, a pay day will likely happen. How long it will take and how much profit will result is the question.

Bonanza Oil & Gas Inc., an oil and gas exploration and development company, works to discover and exploit oil and gas deposits primarily in Texas. The company currently holds 22.5% ownership in eight pre-discovery wells.

The company is a small operation looking for its first consistently producing wells. Operating as it finds opportunity and financing, it generates revenue on a fairly limited basis. This, however, is not to suggest that the company won’t find a large reserve of oil or gas in the near future.

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As a stampede of oil and gas exploration and development companies race toward the prize of higher oil and gas prices, the legwork needed to efficiently capitalize is often lost to the lure of a quick strike. Exploration and development of past and future oil and gas prospects takes time, research and money. The temptation of a quick score is huge, but finding an oil and gas company that has done their homework is the key to long-term profit in a fast-paced and changing natural resources market.

SunCal Energy Inc., an oil and gas exploration and development company, works to discover, rework and extract oil and gas deposits in California, Wyoming, Texas, Oklahoma and Louisiana. The company is primarily involved with operations located adjacent to existing or closed development sites once owned and operated by ExxonMobil Chevron and Conoco Phillips, et al.

The company has been having solid results at its

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