ADNOC announces oil production cut for March
Tuesday, January 26th, 2010The Abu Dhabi National Oil Company (ADNOC) has announced oil production cut for March, 2010. The move is in line with OPEC decision to cut production. ADNOC said the rate ...
The Abu Dhabi National Oil Company (ADNOC) has announced oil production cut for March, 2010. The move is in line with OPEC decision to cut production. ADNOC said the rate ...
Light oil discovery in the Santos Basin
Tuesday, November 17th, 2009Petrobras, announces it has completed the drilling of exploratory extension well 3-MA-32A, located in shallow waters in a new producing area that extends to the north of the Marimbá field ...
Schlumberger Announces Fourth-Quarter and Full Year 2009 Results Conference Call
Monday, November 2nd, 2009Schlumberger Limited (NYSE:SLB) announced that it will hold a conference call on January 22, 2010 to discuss the results for the fourth quarter and full year ended December 31, 2009. The ...
Occidental Petroleum Announces Acquisition of Phibro
Monday, October 12th, 2009Occidental Petroleum Corporation (NYSE:OXY) announced today that it signed an agreement to purchase Phibro LLC ("Phibro") from Citigroup Inc., for approximately net asset value. Primarily a trader in oil and gas, ...
Schlumberger Announces Release of Breakthrough Enterprise Planning Software
Monday, October 5th, 2009Merak Enterprise Planning Delivers Dynamic Business Planning NEW ORLEANS, October 5, 2009 – Schlumberger today announced the release of Merak* Enterprise Planning (MEP) software, a next-generation technology that enables dynamic oil ...
CME Group Announces the Launch of New Petroleum Products Contracts
Wednesday, September 9th, 2009CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for 12 new petroleum products futures and options. Trading will be ...
Addax Petroleum Announces Sinopec’s Receipt of Approvals from the People’s Republic of China
Tuesday, August 18th, 2009Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) today announced that it has received confirmation from Sinopec International Petroleum Exploration and Production Corporation (“SIPC”) that ...
Addax Petroleum Announces Receipt of Letter from Kurdistan Regional Government of Iraq
Wednesday, July 22nd, 2009Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC), today announced that it has received a letter (the “KRG Letter”) from the Minister of Natural Resources ...
Norwegian Sea: Production Start-up of Tyrihans Oil and Gas Field
Wednesday, July 8th, 2009Total announces that the Tyrihans oil and gas field in the Norwegian Sea started production. This field, in which Total owns a 23.18% interest, is the largest field to be ...
Chevron Announces First Oil Production From Frade Field in Brazil
Tuesday, June 23rd, 2009Project is the Company's First Major Upstream Development in Brazil SAN RAMON, Calif., Jun 23, 2009 (BUSINESS WIRE) -- Chevron Corporation (NYSE:CVX) announced today that its subsidiary Chevron Brasil Upstream Frade ...
Anadarko Announces Public Offering of 30 Million Shares of Common Stock
Wednesday, May 13th, 2009HOUSTON--(BUSINESS WIRE)--May. 11, 2009-- Anadarko Petroleum Corporation (NYSE:APC) today announced a registered underwritten public offering of 30 million shares of its common stock. Anadarko will grant the underwriters a 30-day ...
Schlumberger Announces Key Management Changes
Friday, May 1st, 2009Schlumberger (NYSE:SLB) today announced a series of key management changes targeted at technology integration and enhanced service delivery. With these changes, the Schlumberger Product Group technology portfolio will be further streamlined ...
Heritage Announces the Sale of Its Oman Holdings for US$28 Million
Wednesday, April 8th, 2009CALGARY, ALBERTA--(Marketwire - April 8, 2009) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Heritage Oil Limited ("Heritage" or the ...
Addax Petroleum Announces Another Year of Successful Production and Reserves Growth in 2008
Wednesday, February 4th, 2009Calgary, Alberta, February 4th, 2009 – 20 per cent increase in Proved plus Probable oil reserves to 536.7 MMbbl 23 per cent increase in unrisked prospective oil resources to 2,772 MMbbl 17 per ...
Exxon Mobil Corporation Announces Estimated Record 2008 Results of $44,060 million, up 8% from 2007
Sunday, February 1st, 2009EXXONMOBIL'S CHAIRMAN REX W. TILLERSON COMMENTED: "ExxonMobil’s full year 2008 earnings excluding special items were a record $44,060 million, up 8% from 2007. Earnings per share excluding special items were up ...
BJ Services Announces Declaration of Dividend and Presents at Credit Suisse 2009 Energy Summit
Sunday, February 1st, 2009HOUSTON, Jan. 29 /PRNewswire-FirstCall/ -- BJ Services Company (NYSE: BJS;PCX; CBOE) announced today that its Board of Directors has approved a quarterly cash dividend in the amount of $.05 per ...
Chevron Announces First Oil Production From Indonesia’s North Duri
Wednesday, November 26th, 2008FieldLatest achievement extends life of field that has produced more than 2 billion barrels SAN RAMON, Calif., Nov. 25, 2008 - Chevron Corporation (NYSE: CVX) today announced that its wholly owned ...
Addax Petroleum Announces Record Third Quarter 2008 Results and 2009 Capital Budget
Thursday, November 13th, 200861 per cent increase in Funds Flow From Operations to $539 million 103 per cent increase in Net Income to $248 million 2 per cent increase in Production to 131.3 Mbbl/d $1.6 billion ...
BG Group announces Board retirement
Monday, September 22nd, 2008BG Group has today announced that Sir John Coles, a non-executive director, will be standing down from the Board with effect from 30 September 2008. BG Group Chairman, Sir Robert Wilson ...
Eni announces agreement to acquire First Calgary Petroleums Ltd
Monday, September 8th, 2008First Calgary is a Calgary (Canada) based oil and gas company actively engaged in exploration and development in Algeria and is listed on the Toronto and London AIM Stock Exchanges San ...
Heritage Oil announces record test results of 14,364 bopd for the Kingfisher-2 well in Uganda
Monday, September 8th, 2008CALGARY, Sept. 3 /CNW/ - Heritage Oil Limited (LSE: HOIL), an independent upstream exploration and production company, announces successful tests of all three reservoir intervals in the Kingfisher-2 well in ...
Chevron Announces First Gas from Australian North West Shelf Train 5 Facility
Monday, September 1st, 2008SAN RAMON, Calif., & PERTH, Australia--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) subsidiary Chevron Australia Pty Ltd today announced first gas from the North West Shelf Venture’s Train 5 onshore liquefied natural gas ...
Chevron Announces Opening of Vocational Training Center in Tsunami-Affected Indonesian Province
Friday, August 29th, 2008BANDA ACEH, Indonesia & SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX), the government of Indonesia, the local government of Aceh province, the National Education Department, the Rehabilitation and Reconstruction Agency for ...
Chevron Announces Agreements to Develop the Hebron Heavy Oil Project Offshore Newfoundland and Labrador, Canada
Wednesday, August 20th, 2008SAN RAMON, Calif., August 20, 2008 - Chevron Corporation (NYSE: CVX) today announced that its wholly owned subsidiary, Chevron Canada Limited, and its co-venturers have finalized legal agreements with the ...
Chiyoda Announces the Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2009
Thursday, August 7th, 2008YOKOHAMA, Japan--(BUSINESS WIRE)--Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004), Japan’s leading engineering and construction firm, today reported consolidated financial results for the first three months of the current fiscal year ending March 31, 2009. New ...
Murphy Oil Announces Adjustment of $7.8 Million to Second Quarter Results Due to Subsequent Exploration Expense
Thursday, August 7th, 2008EL DORADO, Ark.--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE:MUR) announced the adjustment of second quarter results by $7.8 million after tax due to the expensing of a well drilled on the Buntal ...
Addax Petroleum Announces Record Second Quarter 2008 Results
Thursday, August 7th, 200883 per cent increase in Funds Flow From Operations to $524 million 190 per cent increase in Net Income to $293 million 8 per cent increase in Production to 132.9 Mbbl/d Addax Petroleum ...
Eni Announces Results for the Second Quarter and the First Half of 2008
Thursday, July 31st, 2008INTERIM DIVIDEND PROPOSAL OF €0.65 PER SHARE OR $2.04 PER ADR(1) Adjusted net profit: up 4.4% to €2.32 billion for the second quarter and up 9.6% to €5.37 billion for the ...
JED Oil Inc. Announces AMEX Listing Notice
Wednesday, July 23rd, 2008(all amounts expressed in U.S. Dollars) DIDSBURY, Alberta--(BUSINESS WIRE)--JED Oil Inc. (AMEX: JDO) (“JED” or the “Company”) today announced that it has received a second notice from the American Stock Exchange ...
Brunei : Total announces a significant offshore discovery of gas and condensates
Tuesday, May 27th, 2008Total announces today a significant discovery of gas and condensates on Block B, offshore Brunei, in a water depth of 62 metres, approximately 50 kilometres from the coast. Total, with a ...
Total announces First Gas Flows from Jura less than one year and a half after discovery
Tuesday, May 20th, 2008UK North Sea, Total announces that it has achieved first gas from its Jura field on time and on budget. Jura is situated in the Alwyn area, 100% owned and ...
Gulf Ethanol Announces Executive Search
Monday, May 12th, 2008HOUSTON--(BUSINESS WIRE)--Gulf Ethanol Corporation, (OTC: GFET) announced today its executive search for a new CEO, CFO and Director of Engineering and Design. Mr. JT Cloud is retiring and the Board ...
ADNOC announces crude retrospective prices for April 2008
Wednesday, May 7th, 2008The Abu Dhabi National Oil Company (ADNOC) on Sunday announced the retrospective prices for April 2008 for Abu Dhabi's four main grades of crude oil. The price for the onshore ...
Chevron Announces 12.1 Percent Increase in Quarterly Dividend
Thursday, May 1st, 2008SAN RAMON, Calif., Apr 30, 2008 (BUSINESS WIRE) -- The Board of Directors of Chevron Corporation (NYSE:CVX) today declared a quarterly dividend of $0.65 cents per share, payable June 10, ...
GE Energy Announces New State of the Art Technology Center in Saudi Arabia
Monday, April 28th, 2008DAMMAM, SAUDI ARABIA - April 28, 2008 : – GE Energy, a global supplier of power generation and energy delivery technologies, has announced the groundbreaking of its Power Technology Center, ...
