gas fields

(Newser) - What scientists are calling a "game changer" for society has been discovered deep in Tanzania's Rift Valley: a massive helium gas field with enough of the precious commodity to fill more than 1.2 million MRI scanners, Phys.org reports. Besides the sheer amount of gas, the discovery...

(Newser) - French energy giant Total, the last major Western energy group that planned to invest in development of Iran's huge natural gas fields, is dropping out of the project, the Financial Times reports. The turnabout is a victory for the Bush administration's efforts to isolate Iran over its nuclear program; it's...

(Newser) - Petrobras, Brazil’s state-owned oil company, today announced that important information had gone missing, and one Brazilian site says the data concerns two large, important new gas and oil finds, the Associated Press reports. The new fields are so large, Terra reports, that they could earn Brazil a seat with...

(Newser) - The deal BP made with Libya this week for rights to huge gas fields demonstrates the new attraction North Africa has for investors. Once controlled by what Business Week calls "pariahs and basket cases," the area now looks stable (compared to the Middle East, that is) and is...