Press Releases


Repsol makes two new discoveries in Spain’s Mediterranean waters

Friday, July 3rd, 2009

The new wells, called Montanazo D-5 and Lubina-1, are 45 kilometres from the coast of Tarragona Repsol, with a 75% stake, is the operator of the Montanazo well, and the sole ...


Start up of the pre-salt oil refining

Friday, July 3rd, 2009

PETROBRAS, informs that, on June 30, it started up at Capuava Refinary (Recap) the refining of the first oil from Tupi field, located at the pre-salt area of Santos Basin. The ...


Songa Venus Fleet Update

Friday, July 3rd, 2009

Songa Venus has achieved operating efficiency of 97% in June. The rig is operating for Shell Australia offshore North West Australia.   Songa Mercur has achieved operating efficiency of 99% in June. ...


RWE Dea opens office in Azerbaijan

Friday, July 3rd, 2009

RWE Dea expands commitment in Caspian region Activities to be intensified in Azerbaijan “Azerbaijan will play an important role in future in securing Europe’s energy supply”, explained Dr. Manfred Dworatzek, Senior Vice ...


CME Group Announces the Launch of Clearing Services for Physical Natural Gas Liquids

Thursday, July 2nd, 2009

CME Group, the world's largest and most diverse derivatives exchange, today announced the launch of clearing services for six new physically delivered natural gas liquids futures contracts. Clearing services will ...


PETROBRAS , reopening of Global Notes due 2019

Thursday, July 2nd, 2009

PETROBRAS announces that its wholly owned subsidiary PETROBRAS INTERNATIONAL FINANCE COMPANY (“PifCo”), announced today the reopening of its 7.875% Global Notes due March 15, 2019, which will add US$ 1.25 ...


Chevron Announces First Oil from Mafumeira Norte Field in AngolaDevelopment is Latest Achievement in Major Producing Area

Thursday, July 2nd, 2009

Chevron Corporation (NYSE:CVX) announced today that its subsidiary Cabinda Gulf Oil Company Limited (CABGOC) and its partners commenced crude oil production ahead of schedule from the Mafumeira Norte project located ...


BJ Services Announces Third Quarter Earnings Release Date

Thursday, July 2nd, 2009

HOUSTON, July 2 /PRNewswire-FirstCall/ -- BJ Services Company (NYSE: BJS; CBOE; PCX) announced today that it is scheduled to report third quarter fiscal 2009 earnings on Tuesday, July 21, 2009, ...


BG Group alliance with EXCO Resources, Inc. to develop US shale gas

Wednesday, July 1st, 2009

BG Group today announced an alliance with EXCO Resources, Inc. (NYSE:XCO), a US oil and natural gas exploration and production company. Key points Upstream BG Group acquires a 50% interest in 120 000 ...


Eni completes the euro 4.5 billion sale of Italgas and Stogit

Wednesday, July 1st, 2009

Snam Rete Gas paid €1,587 million for the sale of Stogit and €2,922 million for the sale of Italgas. The total of both these amounts has already been paid in ...


Songa Offshore ASA, Registration of new shares

Wednesday, July 1st, 2009

Reference is made to the press releases of 12 June and 24 June 2009 regarding Songa Offshore SE's (the "Company") exchange offer to the bondholders in the "3.25% Songa Offshore ...


Kjelstad appointed EVP in Aker Solutions

Wednesday, July 1st, 2009

 Karl Erik Kjelstad has been appointed executive vice president and member of the executive management team in Aker Solutions. Kjelstad will lead the development of the strategic initiative related to ...


Hess Schedules Earnings Release Conference Call

Tuesday, June 30th, 2009

NEW YORK--(BUSINESS WIRE)--Jun. 30, 2009-- Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, July 29, at 10 a.m. Eastern Daylight Time to discuss ...


Chevron Second Quarter 2009 Earnings Conference Call

Tuesday, June 30th, 2009

SAN RAMON, Calif.--(BUSINESS WIRE)--Jun. 30, 2009-- Chevron Corporation (NYSE:CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, July 31, 2009 at 11:00 ...


Fitch maintains Petrobras Investment Grade ratings

Tuesday, June 30th, 2009

PETROBRAS announces that Fitch Ratings (“Fitch”) has maintained the debt rating of Petrobras and of its wholly owned subsidiary PifCo (Petrobras International Finance Co.) at the following levels: BBB in ...


Fitch maintains Petrobras Investment Grade ratings

Tuesday, June 30th, 2009

PETROBRAS announces that Fitch Ratings (“Fitch”) has maintained the debt rating of Petrobras and of its wholly owned subsidiary PifCo (Petrobras International Finance Co.) at the following levels: BBB in ...


Aker Wirth: A new name and identity

Tuesday, June 30th, 2009

Earlier this year, Wirth became a fully controlled subsidiary of Aker Solutions, a Norwegian owned company. Today, Wirth Maschinen- und Bohrgeräte-Fabrik GmbH changes its name to Aker Wirth GmbH, reflecting ...


Aker Solutions, Aibel, Samsung consortium not pre-qualified for Goliat EPC tender

Monday, June 29th, 2009

Eni Norge AS has declined the proposed Aker Solutions, Aibel, Samsung Heavy Industries consortium to participate in the tendering process for the Goliat FPSO. Aker Solutions is of the opinion ...


Chevron PNZ Steamflood Project Achieves First Steam InjectionSignificant Potential Seen for Carbonate Reservoirs in the Middle East

Monday, June 29th, 2009

SAN RAMON, Calif.--(BUSINESS WIRE)--Jun. 29, 2009-- Chevron Corporation (NYSE:CVX) today announced that its subsidiary, Saudi Arabian Chevron (SAC), has achieved first steam injection at its Large Scale Pilot (LSP) steamflood ...


Annual General Shareholders Meeting of Gazprom commences in Moscow

Saturday, June 27th, 2009

Moscow today has hosted the opening of the annual General Shareholders Meeting of Gazprom. Shareholders from Russia and a number of foreign countries are taking part in the Shareholders Meeting ...


Shell and Sovcomflot sign shipping co-operation agreements

Saturday, June 27th, 2009

Including Arctic shipping for future Russian LNG projects Novo-Ogarevo, today, Open Joint Stock Company ‘Sovcomflot’ and Shell International Trading & Shipping Company Limited (Shell) signed a General Cooperation Agreement. The official ...


ExxonMobil Supports Rwanda Malaria Outreach Program

Friday, June 26th, 2009

Bicycles donated to community health workers Improved transportation will broaden community outreach and impact Program in partnership with Malaria No More and Project Rwanda RUKARA, Rwanda--(BUSINESS WIRE)--ExxonMobil, in partnership with Malaria No More ...


ExxonMobil Awards $300,000 to SECME to Bolster Future Math, Science Workforce

Friday, June 26th, 2009

Grant promotes education and careers in science, technology, engineering and math ExxonMobil total support for SECME now more than $2.5 million IRVING, Texas--(BUSINESS WIRE)--ExxonMobil has awarded a $300,000 grant to ...


Oando Delivers 52% Increase in Profit After Tax

Friday, June 26th, 2009

To pay a total of N6 Dividend Oando PLC, Nigeria's leading indigenous integrated energy provider, today announced its audited reports for the financial year ended 31st December 2008 with a ...


LUNDIN PETROLEUM COMPLETES TUONG VI-1X EXPLORATION WELL, OFFSHORE VIETNAM

Friday, June 26th, 2009

Lundin Petroleum AB (Lundin Petroleum) announces that the exploration well 06/94-TV-1X (Toung Vi-1X) offshore Vietnam has reached a target depth of 2,700 meters. The primary target of the well was the ...


GE Oil & Gas Wins $70m StatoilHydro Contract, Heralding First Global Deployment of Subsea Controls System powered by the VetcoGray SemStar5

Friday, June 26th, 2009

GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, has been awarded a contract worth over $70 million by StatoilHydro to upgrade ...


GE Oil & Gas Wins $11m Contract with OGX of Brazil to Supply Advanced Subsea Wellhead Technology

Friday, June 26th, 2009

Second Contract Secured by GE under a Frame Agreement Signed in December 2008 GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, today ...


SARPOM and Jayhawk Pipeline Recognized for Pioneering Use of GE Oil & Gas’ New MagneScan™ MFL Pipeline Inspection Technology

Friday, June 26th, 2009

MagneScan™ Completes First 250 Miles of Pipeline Inspection on Both Sides of the Atlantic GE Oil & Gas’ PII Pipeline Solutions business has presented recognition awards to two of its valued ...


Addax Petroleum Announces The Regulatory Filing Of The C$52.80 Per Share Cash Offer By Sinopec International Petroleum Exploration And Production Corporation

Friday, June 26th, 2009

Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announced today that the definitive agreement (the “Acquisition Agreement”) with Sinopec International Petroleum Exploration and Production Corporation ...


Gazprom and Nigerian National Petroleum Corporation sign Agreement on setting up joint venture

Friday, June 26th, 2009

On June 24, 2009, as part of the official visit by Dmitry Medvedev, President of the Russian Federation to the Federal Republic of Nigeria, Gazprom and the Nigerian National Petroleum ...


Memorandum of Understanding with Vale for Exploration in the State of Espírito Santo

Thursday, June 25th, 2009

PETROBRAS, informs that it has signed today a Memorandum of Understanding with Vale S.A. which establishes the framework for a partnership to explore and produce oil and natural gas in ...


Chevron Receives Global Business Coalition’s Leadership Award for Business ExcellenceSAN

Thursday, June 25th, 2009

 (BUSINESS WIRE) -- Chevron Corporation (NYSE:CVX) will be recognized this evening by the Global Business Coalition on HIV/AIDS, Tuberculosis and Malaria (GBC) for its longstanding commitment to fight the spread ...


Payment of Interest on own Capital

Thursday, June 25th, 2009

PETROBRAS, informs that, the Board of Directors, meeting today, approved an anticipated payment of interest on own capital to its shareholders, in accordance with Brazilian legislation (Article 9 of Law ...


Aker H-6e drilling rigs featured on Discovery Channel

Thursday, June 25th, 2009

A major feat of engineering will be successfully concluded when, by the end of this month, Aker Solutions hands over the second of two Aker H-6e drilling rigs to Aker ...


Sercel Announces a Major Award for its Unite Cable-free Acquisition System in Mexico

Thursday, June 25th, 2009

CGGVeritas (ISIN: 0000120164 – NYSE: CGV) announced today that its subsidiary Sercel has been awarded a contract by Compania Mexicana de Exploraciones S.A de C.V. (Comesa) for the purchase of ...