CME Group Announces the Launch of New Petroleum Last Day Financial Futures Contracts

Friday, October 16th, 2009

 CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for three new petroleum "last day" financially settled futures contracts. Trading ...


CME Group Announces the Launch of New Options Contracts on Futures Strips for Natural Gas, Crude Oil, Electricity and Coal

Thursday, October 15th, 2009

CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for seven new options contracts on underlying futures strips for natural ...


Saudi Aramco and Total award EPC contracts for Jubail Export Refinery

Thursday, June 18th, 2009

 Saudi Aramco Total Refining and Petrochemical Company (SATORP) finalized the awarding plan for  Engineering, Procurement and Construction (EPC) contracts that constitute  the thirteen different process packages of their Jubail joint ...


Oil News from around the web, U.S. light crude for July delivery rose 84 cents to $70.85 a barrel. London Brent crude gained 55 cents to $70.17

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 ...


CME Group Announces the Launch of New Natural Gas Swing and Index Swap Futures Contracts

Thursday, April 16th, 2009

CHICAGO, April 15 /PRNewswire-FirstCall/ -- CME Group Inc., the world's largest and most diverse derivatives exchange, today announced 44 new natural gas swing and index swap futures contracts, scheduled to ...


Gazprom and Royal Dutch Shell announce the signing of LNG and natural gas contracts

Friday, April 10th, 2009

Alexey Miller, Chairman of OAO Gazprom's Management committee, and Jeroen Van der Veer, Chief Executive Officer of Royal Dutch Shell, met today at Gazprom Headquarters in Moscow. During the meeting ...


CME Group Announces the Launch of New Petroleum Swap Futures Contracts

Thursday, March 12th, 2009

CHICAGO, March 12 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced 14 new petroleum swap futures contracts, scheduled to begin trading on March 22 ...


CME Group Announces the Launch of New Petroleum Product Swap Futures Contracts

Thursday, February 26th, 2009

CHICAGO, Feb. 25 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced 13 new petroleum product swap futures contracts, scheduled to begin trading on March ...


Aker Solutions awarded drilling equipment contracts by Daewoo

Friday, September 12th, 2008

 Aker Solutions has been awarded two contracts by Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) in Korea for delivery of drilling equipment for two ultra deepwater drillships. The total ...


StatoilHydro exercise its options in Drilling service contracts

Friday, August 22nd, 2008

StatoilHydro has chosen to exercise its options in the contracts for integrated drilling services with Schlumberger, Baker Hughes Inteq and Halliburton for deliveries on the Norwegian continental shelf.   Anders Opedal The total ...


StatoilHydro: Seismic survey contracts awarded 

Tuesday, August 5th, 2008

StatoilHydro has recently awarded contracts for towed multi-streamer surveys for 2009, totalling NOK 1200 million. The contracts, covering surveys on the Norwegian Continental Shelf, the Faroes and Ireland, has been ...


NYMEX Sets Daily Volume Record for Total Natural Gas Futures Contracts

Monday, July 21st, 2008

Natural Gas Futures on CME Globex® NEW YORK, July 18  /PRNewswire-FirstCall/ -- The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), set daily volume records yesterday ...


Total renews contracts with Libyan National Oil Corporation

Friday, July 18th, 2008

Signature of an agreement with Libyan National Oil Corporation to renew NC115 and NC186 contracts         Total confirms that an agreement has been signed for Repsol operated blocks NC115 and NC186 with ...


Eni signs contracts for the sale of gas in Russia and becomes the first European player to enter the Russian downstream market

Tuesday, July 8th, 2008

Signed gas sale contracts with TGK-9. Under the terms of the contracts, as of 1 June 2008, 350 million cubic meters of gas will be sold by 2010. Eni will ...


NYMEX to Change Margins for Natural Gas Swing Swap Futures Contracts

Thursday, July 3rd, 2008

NEW YORK, N.Y., July 2, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for some of its natural gas swing swap futures contracts, beginning at the ...


Saipem awarded new onshore drilling contracts

Thursday, June 26th, 2008

worth approximately USD 1.1 billion San Donato Milanese (Milan), 26 June 2008 – Saipem has been awarded new onshore drilling contracts worth a total value of approximately USD 1.1 billion. The contracts ...


NYMEX to Change Margins for Natural Gas Basis Swap Futures Contracts

Wednesday, June 4th, 2008

NEW YORK, N.Y., June 3, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for some of its natural gas basis swap futures contracts, beginning at the ...


NYMEX to Change Margins for Crude Oil and Petroleum

Tuesday, May 20th, 2008

New York, N.Y., May 19, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for some of its crude oil and petroleum product swap futures contracts on ...


NYMEX to Change Margins for RBOB Gasoline Futures Contracts

Thursday, May 1st, 2008

NEW YORK, N.Y., April 30, 2008 -- The New York Mercantile Exchange, Inc. announced today that it will change margins for the RBOB gasoline, RBOB financial, RBOB calendar swap, and ...


Technip Subsea 7 Asia Pacific Joint Venture Awarded Two Subsea Pipelines Contracts

Wednesday, April 30th, 2008

PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) and Subsea 7 (OSE:SUB) announce that their joint venture company, Technip Subsea 7 Asia Pacific Pty Ltd (TS7), has been awarded two contracts for subsea ...


NYMEX to Change Margins for Natural Gas, Related Futures Contracts

Friday, April 18th, 2008

NEW YORK, NY, April 17, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for its natural gas; Henry Hub swap, swing swap and penultimate swap; natural ...


Seadrill secures US$4.1 billion of contracts in Brazil

Monday, April 14th, 2008

SDRL - Seadrill secures US$4.1 billion of contracts in Brazil  Seadrill today secured an unconditional Letter of Award for contracts with a total revenue potential of approximately US$4.1 billion over 18 ...


StatoilHydro Awards Halliburton and WellDynamics Norge A.S. Nearly $900 Million in Contracts for Services on Norwegian Continental Shelf

Friday, April 4th, 2008

HOUSTON & TANANGER, Norway--(BUSINESS WIRE)--StatoilHydro has awarded Halliburton (NYSE:HAL) and WellDynamics nearly $900 million in contracts to provide completion equipment and services, tubing conveyed perforating services and SmartWell® completion technology ...


Global Industries Awarded Two Middle East Contracts Totaling $35 Million

Thursday, March 13th, 2008

CARLYSS, LOUISIANA (March 11, 2008) – Global Industries, Ltd. (Nasdaq: GLBL) today announced that two of its subsidiaries have received contract awards worth a total of approximately $35 million. One ...


GTE Wins $6.3M in New Contracts, Boosting Total Order Book by 66% to $14M

Monday, March 3rd, 2008

LONDON--(BUSINESS WIRE)--Gas Turbine Efficiency plc, a leading provider of advanced systems to enhance the performance of aviation and industrial turbines, is pleased to announce that it has continued to experience ...


Hyperdynamics Corporation Contracts Geophysical Service Incorporated for Exploration Program

Tuesday, February 26th, 2008

CALGARY, Alberta--(BUSINESS WIRE)--Geophysical Service Incorporated (GSI), a Calgary-based marine seismic company announces a successfully negotiated multi-client contract with Hyperdynamics Corporation (AMEX:HDY) to conduct multi-year 2D and 3D seismic programs offshore ...


NYMEX to Launch Four New Brent Crude Oil Options Contracts on NYMEX ClearPort® and the NYMEX Trading Floor

Wednesday, February 13th, 2008

NEW YORK, Feb. 12 /PRNewswire-FirstCall/ -- The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced that it will launch four new Brent ...


NYMEX to Change Margins for Natural Gas Basis, Index Swap Futures Contracts

Tuesday, February 12th, 2008

NEW YORK, N.Y., February 11, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for some of its natural gas basis and index swap futures contracts, beginning at ...


NYMEX to Change Margins for Crude Oil and Petroleum Swap Futures Contracts on

Friday, February 8th, 2008

NYMEX ClearPort® New York, N.Y., February 7, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for some of its crude oil and petroleum products swap futures contracts on ...


AREVA Wins Nuclear Fuel Contracts Worth over 200 Million Euros

Tuesday, February 5th, 2008

Regulatory News: AREVA (Paris: CEI) has won major commercial nuclear fuel contracts with U.S. utility companies, Constellation Energy, Tennessee Valley Authority (TVA), PPL Corporation and AmerGen Energy Company. The four contracts ...