Oil News - from the grapevine!
Thursday, July 24th, 2008
As CNN Money recently reported, North Dakota--for the first time in 10 years--is suddenly back on the Baker Hughes list of major oil states. The widely respected industry watchdog, which ...
Thursday, July 24th, 2008
>> Highest petrol prices in Europe
In Norway, many motorists are up in arms over why they have to pay the highest petrol (gasoline) prices in Europe when the country is ...
Tuesday, July 22nd, 2008
Eni: Nigerian pipeline Tebidaba-Brass has been restored, works for restarting production have began
With reference to sabotage occurred between 16 and 17 July at Tebidaba flowstation – Brass terminal pipeline, Eni ...
Friday, July 18th, 2008
> Ghana to receive 30 million cubic metres of gas for power generation
Accra, July 17, GNA - Ghana will soon receive 30 million cubic metres of gas from Nigeria for ...
Tuesday, July 15th, 2008
President Bush lifted an executive ban on producing oil from the Outer Continental Shelf (OCS). This means that the only thing standing between the American people and these vast oil ...
Monday, July 14th, 2008
As the world looks for an alternative to Oil, Biofuels are increasingly being sourced as a viable option. It is considered a source of 'renewable energy' The attraction so far ...
Saturday, July 12th, 2008
> High energy prices have allowed exploration companies, including firms in Canada, to expand their efforts.Supply and demand constraints, along with continuing geopolitical tensions and staggering increases in demand from ...
Saturday, July 12th, 2008
The Management of Oil and Gas Development Corporation Limited (OGDC), an international oil managing company operating in Ghana, has applied for an operational licence to design, fabricate and construct a ...
Friday, July 11th, 2008
Rubis has signed an agreement with Shell in view of acquiring the aviation fueling logistics located on the French Antilles and Guyana airports. This move ideally complements Rubis’ fuel distribution ...
Friday, July 11th, 2008
Chevron makes discovery at Iago field
PERTH, Australia -- Chevron Corp. has made a significant gas discovery at Iago field off western Australia, which could help expand its nearby Wheatstone LNG ...
Thursday, July 10th, 2008
The Government of the Emirate of Sharjah and BP Sharjah Limited have concluded a farm-out agreement for 20 years with RAK Petroleum PCL to create a new, 34 sq km, ...
Monday, July 7th, 2008
Algiers, July 6 (Xinhua) The oil prices are likely to increase further, largely due to a weak dollar and geopolitics, Chakib Khelil, president of the Organisation of Petroleum Exporting Countries ...
Monday, July 7th, 2008
ADNOC announces retrospective crude prices for June 2008
According to Emirates News Agency, WAM, The Abu Dhabi National Oil Company (ADNOC) yesterday announced the retrospective prices for June 2008 for Abu ...
Monday, July 7th, 2008
Shell may pull out of Zimbabwe, July 7, 2008 - 8:36AM , Oil giant Royal Dutch Shell may pull out of operations in Zimbabwe, the Observer newspaper has reported.
The report ...
Friday, July 4th, 2008
Western energy firms invited to bid on Iraqi oil development
The Iraqi government invited 35 energy firms to bid on long-term service contracts to help increase Iraqi oil production in six ...
Friday, July 4th, 2008
By CARMEN GENTILE
Nigeria needs the international community to intervene in the conflict-ravaged and oil-rich Niger Delta in order for full capacity petroleum production to resume, a prominent Nigerian leader said ...
Friday, July 4th, 2008
Engen Petroleum Ltd. has acquired Shell Petroleum Company’s downstream petroleum business in Gabon. The deal has Engen taking over Shell’s 60% stake in Pizo Shell, a refined petroleum products marketing ...
Friday, July 4th, 2008
Oil price surged past the $145 per barrel for the first time yesterday as the weak dollar and Middle East tension continued to have a drastic effect on the global ...
Wednesday, July 2nd, 2008
More Russian headaches for BP, as the Kremlin looks set to force nearly 150 of its top brass out of the country...
BP boss Tony Hayward has suffered another big setback ...
Thursday, June 26th, 2008
A second oil company declares force majeure in less than a week, US giant Chevron said that due to the attack on its pipeline on June 19 that shut in ...
Tuesday, June 24th, 2008
Record oil prices are due to speculative investors, the sub prime crisis and geopolitics and not the result of a supply shortage according to OPEC President, Chakib Khelil.He was quoted ...
Monday, June 23rd, 2008
According to reports by Thisday newspaper, The Nigerian National Petroleum Corporation (NNPC), Mobil Producing Nigeria (MPN) Limited and a consortium of Nigerian banks at the weekend in far away London ...
Monday, June 23rd, 2008
According to reports by Thisday newspaper, there are mounting concerns in the country over attacks by Niger Delta militants on oil flow lines and installations particularly on Nigeria’s deep offshore ...
Monday, June 23rd, 2008
jeddah - Secretary-General Ban Ki-moon has welcomed the decision by Saudi Arabia’s King Abdullah to convene a meeting of the world’s major oil producers to discuss ways of dealing with ...
Monday, June 23rd, 2008
Jeddah - An energy meeting, focusing on rocketing oil prices, concluded Sunday in Saudi Arabia's Red Sea city of Jeddah, with a statement calling for "improved" transparency and regulation in ...
