Monday, January 25th, 2010
Jordan and Algeria on Sunday discussed the prospect of the North African country supplying the Kingdom with part of its needs of crude oil and derivatives. Minister of Energy and ...
Monday, January 18th, 2010
Brazil, China, India, Iran and Saudia Arabia are likely to see the highest growth in refining leading up to 2013, by which time they will make up 44% of the ...
Wednesday, October 7th, 2009
Total (37.75%), Sonatrach (51%) and Cepsa (11.25%) today announce that the Algerian National Oil and Gas Development Agency (ALNAFT) has approved the development plan for the Timimoun natural gas project, ...
Friday, July 31st, 2009
Oil major Royal Dutch Shell posted a 70% fall in second quarter net profit, as oil prices and refining margins tumbled, but gains in foreign exchange has helped the company ...
Friday, July 3rd, 2009
Kosmos Energy, a privately-held oil company with a stake in Ghana’s newly-discovered oil reserves, has been the subject of interest from China and India’s ONGC. Now Shell is rumoured to ...
Monday, June 15th, 2009
ConocoPhillips [NYSE: COP], JSC National Company KazMunayGas (KMG) and Mubadala Development Company PJSC (Mubadala) today announced that they have signed project agreements allowing the joint exploration and development of the ...
Friday, June 12th, 2009
The IEA raised its global estimate for daily oil demand by 120,000 barrels to 83.3 million barrels in its monthly. The increase was driven by the US and China. Consumption ...
Wednesday, June 10th, 2009
)))Abu Dhabi official crude selling price down 52.06%
The official selling price of Abu Dhabi's crude oil grades averaged US$59.49 a barrel in May, down 52.06 per cent from an average ...
Tuesday, May 19th, 2009
Total announces that, within the framework of the EGAS 2008 international bid round organized by the Egyptian authorities, it has been awarded a 90% participation in and the operatorship ...
Thursday, April 30th, 2009
))))) The Organisation of Petroleum Exporting Countries (OPEC) has warned that the current crude oil price, which hovers around $50 per barrel is too low for continued investment.
The 12 member ...
Monday, April 27th, 2009
LOS ANGELES, April 27, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have ...
Thursday, April 16th, 2009
Nigeria Oil and Gas Industry
The Nigerian National Petroleum Corporation (NNPC) manages the state-owned oil industry.
The NNPC holds 49% in the Nigeria Liquefied Natural Gas (NLNG) Company.
Foreign Company Involvement: British ...
Wednesday, April 15th, 2009
)))))Oil prices gain ground at $53
Oil prices rebounded on Tuesday, supported by rising stock markets, upbeat results from US bank Goldman Sachs and hopes for a pick-up in world energy ...
Thursday, April 2nd, 2009
RWE Dea made yet another gas find in the Ahnet Basin in the Algerian Sahara. For RWE Dea, it has already been the third successful strike in Algeria in 2009. ...
Thursday, March 26th, 2009
BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SGR) today announced its Energy & Chemicals Group has been selected to provide engineering services for Sonatrach’s planned 24 million standard cubic ...
Wednesday, March 11th, 2009
OPEC Oil Export Revenues
Based on projections from the EIA March 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $383 billion of net ...
Thursday, February 19th, 2009
The board of BP p.l.c. today announced that it has appointed Robert Dudley as a director with effect from April 6, 2009. As a managing director of the BP Group ...
Tuesday, January 27th, 2009
RWE Dea has made two new gas discoveries in Algeria’s Sahara desert, in the Reggane and Ahnet basins.
The first of the two finds, exploration well KLS-1, is part of a ...
Monday, December 15th, 2008
The high potential Kerzak license, with and extension of 16,000 squared Km in concession regime, is located in the Timimoun Basin, 400 km south east of the giant Hassi R'Mel ...
Friday, November 21st, 2008
US light sweet crude fell to $49.62, while London-traded Brent crude fell to $48.90 a barrel. The price of oil is around two-thirds cheaper than in July, when it hit ...
Tuesday, November 4th, 2008
Excellent exploration and appraisal results with success in eight countries so far in 2008
BG Group estimates its net share of reserves and resources in Brazil at over 3 billion boe(i)
BG ...
Thursday, October 30th, 2008
Total announces that its subsidiary Total E&P Nigeria Limited (TEPNG), operator of the NNPC/TEPNG joint venture with a 40% interest, has launched the OML 58 upgrade project. Nigerian National Petroleum ...
Tuesday, October 14th, 2008
HAMILTON, Bermuda--(BUSINESS WIRE)--Foster Wheeler Ltd. (Nasdaq: FWLT) announced today that its UK-headquartered subsidiary Foster Wheeler Energy Limited, part of its Global Engineering and Construction Group, has been awarded a front-end ...
Monday, August 11th, 2008
HOUSTON--(BUSINESS WIRE)--Boots & Coots International Well Control, Inc. (AMEX:WEL) announced it has signed a three year contract, with an option for two additional years, under an international call for tender ...
Friday, August 1st, 2008
Saipem has been awarded a new onshore contract in Algeria worth approximately € 2.8 billion.
The Algerian oil company Sonatrach has awarded Saipem/Snamprogetti, in a joint venture with Chiyoda, the lump ...
Tuesday, June 10th, 2008
For Power Project To Help Meet Algeria's Electricity Needs New Plant to Boost Country's Installed Capacity by 18 Percent
SCHENECTADY, N.Y. - June 10, 2008 : – A new planned power ...
Tuesday, April 29th, 2008
Transmission and Distribution: AREVA Awarded 32-Million Euro Contract in Algeria
Regulatory News:
AREVA (Paris:CEI):
AREVA’s Transmission and Distribution division has been awarded a 32-million euro contract with NAFTEC, a subsidiary of Sonatrach, for ...
Thursday, March 27th, 2008
Operator StatoilHydro and partner Sonatrach have completed the drilling and testing of exploration well number four in the Hassi Mouina license, in the Sahara desert in Algeria.
The partners have proven ...
