Crude oil storage facility in the Caribbean

Sunday, January 10th, 2010

China has taken over from Saudi Arabia the lease of a giant crude oil storage facility in the Caribbean that gives Beijing unprecedented access to fuel and oil markets in ...


Nigerian National Petroleum Corp. can’t pump crude to oil refineries

Tuesday, January 5th, 2010

igerian National Petroleum Corp. can’t pump crude to oil refineries at Warri and Kaduna because of damage to pipelines. “Many points of the pipeline are under serious attack,” NNPC spokesman Levi ...


Brent North Sea crude for December rose $1.35 to settle at $76.55 a barrel

Tuesday, November 3rd, 2009

World oil prices hovered above $78 a barrel in Asian trade  today after an overnight surge from two-week lows. Light sweet crude oil for December delivery was seen trading at ...


Crude oil for November 2009 delivery declined as much as $0.72, or 1%, to $69.89 a barrel

Thursday, October 1st, 2009

Crude oil for November 2009 delivery declined as much as $0.72, or 1%, to $69.89 a barrel in electronic trading on the New York Mercantile Exchange on 30 September, Bloomberg ...


Noble Energy put North Sea properties up for sale; NYMEX crude for October delivery down; Nigerian delegation meet with their Brazilian counterparts in Brasilia

Wednesday, September 16th, 2009

NYMEX crude for October delivery was down $0.03 at $70.95 a barrel by 07.10 GMT (3.10am EDT), after settling up $2.07 on Tuesday, while ICE Brent was down $0.17 at ...


TNK-BP to Invest More in Ukrainian Refining

Monday, July 13th, 2009

TNK-BP announced today that it has successfully closed a transaction that brings its effective shareholding in the Lisichansk Refinery close to 100%. The transaction was endorsed by TNK-BP Limited (BVI) ...


Oil News from around the web, Crude oil for August 2009 delivery fell 75 cents to $62.18 a barrel ; In London, Brent prices fell 68 cents to $62.55 a barrel on the ICE Futures exchange

Wednesday, July 8th, 2009

Emerging oil giant Ghana aims to maximise local ownership of its resources to avoid mistakes made by neighbouring nations where oil has become a "curse," its deputy energy minister said ...


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 ...


Chevron Reports Third Quarter Net Income of $7.9 Billion

Sunday, November 2nd, 2008

Up From $3.7 Billion in Third Quarter 2007Upstream earnings of $6.2 billion increase $2.8 billion on sharply higher prices for crude Downstream profits of $1.8 billion recover from depressed level a ...


ADNOC announces crude retrospective prices for April 2008

Wednesday, May 7th, 2008

The 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 ...


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 ...


Global Clean Energy Holdings Delivers First Test Shipment of Crude Jatropha Oil to Allegro Biodiesel

Tuesday, February 12th, 2008

LOS ANGELES--(BUSINESS WIRE)--Global Clean Energy Holdings, Inc. (OTC: MLSC) has delivered its first test shipment of Crude Jatropha Oil to Allegro Biodiesel Corporation’s biodiesel production facility in Pollock Louisiana for ...