LNG to be transported to Boston soon by Yemen
Thursday, February 4th, 2010It is expected that the first shipment of Yemen Liquefied Natural Gas (LNG) is to be transported to the USA soon, the weekly 26 September said Thursday. The shipment will ...
It is expected that the first shipment of Yemen Liquefied Natural Gas (LNG) is to be transported to the USA soon, the weekly 26 September said Thursday. The shipment will ...
Schlumberger Announces Fourth-Quarter and Full-Year 2009 Results
Monday, January 25th, 2010Schlumberger Limited (NYSE:SLB) today reported full-year 2009 revenue of $22.70 billion versus $27.16 billion in 2008. Income from continuing operations attributable to Schlumberger, excluding charges, was $3.36 billion, representing diluted earnings-per-share ...
China National Offshore Oil Corporation (CNOOC)’s effort to buyoff 23 prime blocks currently owned and operated by Shell, Chevron, Exxon Mobil and Total
Tuesday, November 3rd, 2009China National Offshore Oil Corporation (CNOOC), is said to be discussing with the Federal Government to acquire some oil blocks, which are presently belong to the multinational oil and gas companies. ...
Sinopec International Acquires 100% of Addax Petroleum Corporation Shares
Tuesday, October 6th, 2009Sinopec International Petroleum Exploration and Production Corporation is pleased to announce that effective October 2, 2009, its indirect wholly-owned subsidiary, Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), acquired ...
John Watson Named Chairman and CEO of Chevron Corporation
Wednesday, September 30th, 2009Dave O’Reilly to Retire After 41 Years of Distinguished Company Service; George Kirkland Named Vice Chairman, Retaining Oversight of Global Upstream Operations SAN RAMON, Calif.--(BUSINESS WIRE)--Sep. 30, 2009-- The board of directors ...
Oil News from around the web,US crude for August delivery fell $1.58 to $65.15 a barrel by 0018 GMT. London Brent crude fell 74 cents to $64.87
Monday, July 6th, 2009France's Total and China National Petroleum Corporation plan to bid for two large oil blocks being auctioned in Venezuela, instead of one in which they had already shown interest. The sources ...
Addax Petroleum Announces C$52.80 Per Share Cash Offer By Sinopec International Petroleum Exploration And Production Corporation
Wednesday, June 24th, 2009Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announced today that it has entered into a definitive agreement (the “Support Agreement”) with Sinopec International Petroleum ...
Increase of the Offer to Acquire UTS Energy Corporation to C$ 1.75 cash per Share
Monday, April 13th, 2009Total announces today that Total E&P Canada Ltd. (the “Offeror”), a wholly-owned subsidiary of TOTAL S.A., has increased the consideration under its offer (the “Offer”) to acquire all of ...
Oil News from around the web, OPEC says $50 a barrel, acceptable, New Discovery in Gabon
Friday, April 3rd, 2009Organisation of Petroleum Exporting Countries (OPEC) yesterday stated that the current prices of crude oil, which is around $50 a barrel, can be acceptable given the current economic environment. ...
Gulftex Operating, Inc. Has Completed Negotiations with Devon Energy Corporation for Additional Barnett Acreage
Wednesday, February 25th, 2009Gulftex Operating, Inc., announces that it has completed negotiations with Devon Energy Corporation. (NYSE:DVN) Oklahoma City, Oklahoma for additional acreage in the most prolific portion of the core area in ...
Exxon Mobil Corporation Announces 2008 Reserves Replacement
Monday, February 16th, 2009IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that additions to its proved reserves in 2008 totaled 1.5 billion oil-equivalent barrels, replacing 103 percent of production. Excluding the impact of ...
StatoilHydro and Chesapeake Energy Corporation forms strategic alliance
Wednesday, November 12th, 2008StatoilHydro, the second largest natural gas supplier to Europe and Chesapeake Energy Corporation, the largest US natural gas producer, today announced the signature of a strategic agreement to jointly explore ...
Exxon Mobil Corporation Announces Estimated Third Quarter 2008 Results
Thursday, October 30th, 2008Exxon Mobil Corporation (NYSE:XOM): Third Quarter Nine Months 2008 2007 % 2008 2007 % Net Income $ Millions 14,830 9,410 58 37,400 28,950 29 $ Per Common Share Assuming Dilution 2.86 1.70 68 7.11 ...
Cirrus Energy Corporation Provides Netherlands Operational Update
Wednesday, September 17th, 2008Cirrus Energy Corporation ("Cirrus") (TSXV: CYR) is pleased to provide the following operational update regarding our activities in The Netherlands. The first exploration well in a six well drilling programme ...
Total renews contracts with Libyan National Oil Corporation
Friday, July 18th, 2008Signature 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 ...
Upstream Petroleum Corporation Increases Oil Production
Thursday, July 10th, 2008American Capital Partners Ltd Announces that Upstream Petroleum Corporation Increases Oil Production WEST PALM BEACH, Fla.--(BUSINESS WIRE)--American Capital Partners Limited, Inc. (Pink Sheets:APRJ) announces that Upstream Petroleum Corporation, an oil and ...
Petro-Canada and Libyan National Oil Corporation Sign New EPSA Contracts
Friday, June 27th, 2008LONDON, ENGLAND--(Marketwire - June 19, 2008) - Petro-Canada announced today that it has signed six new exploration and production sharing agreements (EPSAs) with the Libyan National Oil Corporation (NOC). The ...
Ampal-American Israel Corporation Commenced an Offer in Israel to Purchase Shares of Gadot Chemical Tankers And Terminals Ltd.
Thursday, May 15th, 2008TEL AVIV, Israel--(BUSINESS WIRE)--Ampal-American Israel Corporation - (NASDAQ:AMPL) today announced that Merhav Ampal Energy Ltd., a wholly owned subsidiary of Ampal, has commenced in Israel an offer to purchase shares ...
CNPC and Nippon Oil Corporation in talks on refinery joint venture
Thursday, May 8th, 2008On May 7, China National Petroleum Corporation and Japan's Nippon Oil Corporation signed a letter of intent in Tokyo in considering to create a refinery joint venture, which is capable ...
Ampal-American Israel Corporation Reports First Quarter 2008 Financial Results
Wednesday, May 7th, 2008Revenues Increased to $128.7 Million EMG Pipeline Began Commercial Operation TEL AVIV, Israel--(BUSINESS WIRE)--Ampal-American Israel Corporation (Nasdaq:AMPL), a holding company with experience in acquiring interests in various businesses with emphasis in recent ...
United Energy Corporation Expands Product Sales In Nigeria
Thursday, April 24th, 2008SECAUCUS, N.J., April 22 /PRNewswire-FirstCall/ -- United Energy Corporation (OTC Bulletin Board: UNRG) (the "Company") announced today its second round of sales of two containers of KX-91 tank remediation product ...
Ampal-American Israel Corporation Reports 2007 Fourth Quarter and Year End Financial Results
Tuesday, March 18th, 2008Year-end 2007 Revenues Increased 159% to $37.8M; EMG Pipeline Technical Commissioning Underway with Gas Flowing; Gadot Chemical Tankers and Terminals Contributed Significantly to Q4 Revenue and Net Income TEL AVIV, ...
Occidental Announces Joint Investment Agreement With Abu Dhabi
Monday, March 10th, 2008LOS ANGELES, March 10, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of an agreement with Abu Dhabi's International Petroleum Investment Company (IPIC) for joint participation ...
PetroFalcon Announces Baripetrol Operations Update
Wednesday, March 5th, 2008March 5, 2008, Caracas, Venezuela – PetroFalcon Corporation (“PetroFalcon”) (TSX:PFC), a publicly-traded natural resource company with oil and gas operations in Venezuela, released an update for its 5%-owned joint venture, Baripetrol, ...
Hyperdynamics Corporation Contracts Geophysical Service Incorporated for Exploration Program
Tuesday, February 26th, 2008CALGARY, 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 ...
First Reserve Corporation to Acquire CHC Helicopter Corporation For Canadian $3.7 Billion in Largest-Ever Oilfield Services Buyout
Monday, February 25th, 2008Partnership to Help Strengthen CHC’s Growth Mission as Largest Helicopter Services Company Greenwich, Conn.; Houston; London and Vancouver -- February 22, 2008 -- CHC Helicopter Corporation (“CHC”) (TSX: FLY.A and FLY.B ...
Exxon Mobil Corporation Announces 2007 Reserves Replacement
Friday, February 15th, 2008IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that it replaced more than 100 percent of its production in 2007. Additions to the Corporation’s worldwide proved oil and gas reserves totaled ...
Research and Markets: Nigerian National Petroleum Corporation Strategic Analysis Profile Available Now
Wednesday, January 30th, 2008DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c81156) has announced the addition of “Nigerian National Petroleum Corporation Strategic Analysis Profile” to their offering. This profile is an essential source for data, analysis and ...
