ExxonMobil, Ashoka’s Changemakers and International Center for Research on Women Launch Women’s Economic Development Challenge

Wednesday, January 27th, 2010

Women | Tools | Technology Challenge focuses on using technology and innovation to economically advance women in developing countries New study, Bridging the Gender Divide in Technology, provides research foundation ...


Kasamene-2 appraisal well – a success for early development plans

Friday, January 22nd, 2010

Tullow Oil plc (Tullow) announces that the Kasamene-2 appraisal well, which is located in the Butiaba region of Uganda Block 2, has encountered 39 metres of net oil pay and ...


Chevron Announces Natural Gas Find in Australia Discovery in highly prospective Gorgon area supports company’s long-term plans for natural gas development

Monday, October 19th, 2009

Chevron Corporation (NYSE:CVX) today announced an additional natural gas discovery in the Greater Gorgon area’s Carnarvon Basin, Australia’s premier offshore hydrocarbon zone. The Achilles-1 exploration well, located approximately 100 miles (160 ...


Nigeria’s crude oil output is hovering between 1.6 and 1.7 million barrels

Tuesday, October 13th, 2009

US crude for November delivery rose $0.45 to $72.22 by 4am EDT. London Brent crude added $0.50 to $70.50. -------------------- Nigeria's crude oil output is hovering between 1.6 and 1.7 ...


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 ...


Oil News from around the web, Crude oil for October delivery was at $71.16 a barrel; Taqa announce two new oil finds ;CNPC is in talks to buy 75% of Spanish oil giant Repsol

Wednesday, September 9th, 2009

Crude oil for October delivery was at $71.16 a barrel, up $0.06 in electronic trading on the New York Mercantile Exchange at 2.55pm in Singapore. Yesterday, the contract rose $3.08, ...


Occidental Petroleum and Mubadala Sign Development and Production Sharing Agreement for the Bahrain Field Development

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 ...


Schlumberger Announces First-Quarter 2009 Results

Friday, April 24th, 2009

Schlumberger Limited (NYSE:SLB) today reported first-quarter revenue of $6.00 billion versus $6.87 billion in the fourth quarter of 2008, and $6.29 billion in the first quarter of 2008. Income from continuing ...


Eni Award 2009: The winners

Thursday, March 19th, 2009

Awards have been presented in four categories this year: New Frontiers in Hydrocarbons, Renewable and Non-Conventional Energy, Protection of the Environment and Research Debut. Rome , 18 March 2009 - Eni ...


Sustainable Development, Environment, Energy and Society Chair Funded by Total To Be Inaugurated on March 5, 2009

Thursday, March 5th, 2009

 Collège de France is creating a chair of sustainable development, energy and societal issues. Endowed for five years, the chair will be held annually by an eminent, internationally recognized figure who ...


Total Signs Exploration, Development and Production Sharing Agreement with SOCAR for the Absheron block in Azerbaijan

Friday, February 27th, 2009

 Total announces today that it has signed an agreement with Azerbaijan’s state-owned SOCAR. The exploration, development and production sharing agreement (EDPSA) covers a license on the Absheron offshore block. This ...


CNPC inks oilfield development contract with Iraq

Tuesday, November 18th, 2008

On November 10, CNPC President Jiang Jiemin and Dr. Hussain Al-Shahristani, Iraqi Minister of Oil, signed a 23-year service agreement on the development of the Al-Ahdab Oilfield in Baghdad. Another ...


Foster Wheeler Awarded FEED by BP Exploration for In Salah Gas Fields Development in Algeria

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 ...


Agbami oil field, Nigeria

Thursday, July 24th, 2008

Agbami oil field is Nigeria's largest deepwater development and lies in OPL Blocks 216 and 217, approximately 220 miles south-east of Lagos and 70 miles offshore of Nigeria, in the ...


DANA PETROLEUM PLC, BABBAGE GAS FIELD DEVELOPMENT APPROVED

Wednesday, April 30th, 2008

Dana Petroleum is pleased to announce that it has approved the development of the Babbage gas field (Dana 40%) in the UK Southern North Sea. Dana’s co-venturers, Eon Ruhrgas (47% ...


Eni starts development of the Longhorn gas field located in the Gulf of Mexico deepwater

Monday, April 28th, 2008

Initial production is expected to begin in March 2009 with a gross peak production rate of 200 million cubic feet per day (approx. 35,000 barrels of oil equivalent per day) San ...


Paolo Scaroni and Alexei Miller meeting

Wednesday, April 2nd, 2008

Miller and Scaroni talked about the implementation of the strategic partnership agreement established in November 2006 and the further development of their cooperation in the oil&gas industry. San Donato Milanese (Milan), ...


Chevron Announces Plans for Wheatstone LNG development in Australia

Monday, March 10th, 2008

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) today announced that its Australian subsidiary, Chevron Australia Pty Ltd, plans to develop a new Australian liquefied natural gas (LNG) project, based on its ...


Chevron Completes Successful Big Foot Appraisal WellEvaluation of Production Development Under Way

Friday, February 1st, 2008

SAN RAMON, Calif., Jan 31, 2008 (BUSINESS WIRE) -- Chevron Corporation (NYSE:CVX) announced today the successful completion of an appraisal well at its Big Foot prospect in the deepwater Gulf ...