Indian oil firms are looking at acquiring stakes in gas fields in Turkmenistan, Central Asia's top gas exporter, in a bid to meet the growing energy demand of Asia's third-largest economy. Crude oil and natural gas output at Petrobras rose in April thanks to record output from domestic oil fields, the Brazilian state-run energy giant said Tuesday. Paradigm Oil and Gas, Inc.'s 100% owned subsidiary, Paradigm Technology Solutions Inc., is pleased to announce today that it is has signed an intellectual property, Technology Transfer Agreement with Innovative Manufacturing Technology LLC, providing an entry point into the multi-billion dollar oil recovery technology and service industry. bp oil spill local economy
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