Natural Gas: An Economic and Environmental Solution to Meeting Growing Energy Demand

Wednesday, March 10th, 2010

Development Contingent on Sensible Policy Decisions HOUSTON--(BUSINESS WIRE)--The development of natural gas resources from around the world will play an important role in the future global economy, Tom Walters, president ...


Yemeni-Pakistani cooperation in oil, gas sectors discussed

Friday, February 26th, 2010

Yemen and Pakistan discussed here on Wednesday aspects of bilateral cooperation in fields of oil, gas and minerals. Minister of Oil and Minerals Amir al-Aydarus and the Pakistani ambassador to ...


Chevron Awarded Rights to Develop New Venezuelan Energy Project

Thursday, February 11th, 2010

Chevron-Led Consortium to Acquire 40 Percent Interest in Orinoco Belt Heavy Oil Project Chevron Corporation (NYSE:CVX) today announced that a consortium led by its Venezuelan subsidiary has been selected to negotiate ...


Matthew J. Foehr Named Chevron Comptroller

Tuesday, February 2nd, 2010

Mark A. Humphrey to Retire after Distinguished Career with the Company Chevron Corporation (NYSE:CVX)today named Matthew J. Foehr as corporate vice president and comptroller, effective April 1. Foehr succeeds Mark A. ...


FG Opens Negotiation with IOCs

Tuesday, January 19th, 2010

Lukman: Why we put deregulation on hold It emerged yesterday that top executives of some International Oil Companies (IOCs) have commenced discussion with the Federal Government over the renewal of their ...


SA a member of renewable energy agency

Monday, January 18th, 2010

Pretoria - South Africa has signed up as a full member of the International Renewable Energy Agency (Irena) which focuses on global use of renewable energy. Energy Minister Dipuo Peters signed ...


3rd World Future Energy Summit

Monday, January 18th, 2010

H.E. the Deputy Prime Minister and Minister of Energy and Industry Abdullah bin Hamad Al Attiyah toured Monday the exhibition established on the sidelines of the 3rd World Future Energy ...


Effects of global warming on Russian Oil and Gas

Tuesday, November 24th, 2009

Russian oil and gas companies are spending several billions to repair the damages caused by permafrost thaw due to global warming, according to a Greenpeace study. The study found the companies ...


Lighthouse Financial and PFC Energy Announce Strategic Partnership

Monday, October 19th, 2009

Lighthouse Financial, a full-service broker dealer, and PFC Energy, a premier advisory firm specializing in the global oil and gas industry, announced today that they will enter a strategic partnership. ...


New Energy Web Portal launched today by the EIA

Thursday, October 8th, 2009

New Energy Web Portal Explains Topics in Plain Language Energy Explained , a new web portal launched today by the U.S. Energy Information Administration (EIA), celebrates Energy Awareness Month with ...


Trinidad and Tobago delegation in Ghana for oil exploration

Tuesday, September 29th, 2009

A delegation from Trinidad and Tobago, arrived in the country at the weekend, to explore the oil and gas industry. Ms Charles Mendes, (Ed. correct) Ambassador of Trinidad and Tobago to ...


Chinese seek $50b stake in Nigeria’s oil

Tuesday, September 29th, 2009

A Chinese state-owned oil company is in talks with Nigeria to buy large stakes in some of the world's richest oil blocks in a deal that would eclipse Beijing's previous ...


Emerald Energy Operations Update – Syria, Block 26

Sunday, September 13th, 2009

Emerald Energy Plc (“Emerald” or the “Company”) is pleased to provide the following update on operations in Block 26, Syria. Khurbet East Field Oil Production Cumulative gross oil production from the Khurbet ...


Roxtec UK Agrees Major Deal for Nigerian Oil and Gas Project

Tuesday, August 4th, 2009

Bury-based safety seal firm Roxtec has won a major contract to a supply equipment to a huge new oil and gas project in Nigeria. Roxtec is providing industrial strength seals for ...


Oil finds highlighting energy potential in Ghana and Uganda

Monday, July 20th, 2009

Nigeria Ambassador to Algeria, Amb. Jeremiah Hassan, yesterday said the Nigeria/Niger/ Algeria Trans-Sahara Gas Pipeline agreement would boost the country’s economy. Hassan told the News Agency of Nigeria (NAN) in an ...


Energy partnership extended – RWE Dea awarded licence in Turkmenistan

Thursday, July 16th, 2009

RWE Dea has been awarded a concession to explore and develop Licence Block 23 in the Caspian Sea in Turkmenistan. An agreement to this end was signed today by Dr. ...


Technip awarded two major lump sum turnkey contracts by the Saudi Aramco Total

Monday, July 13th, 2009

TECHNIP AWARDED TWO MAJOR CONTRACTS FOR THE NEW JUBAIL EXPORT REFINERY IN SAUDI ARABIA Technip has been awarded two major lump sum turnkey contracts by the Saudi Aramco Total Refining and ...


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, 2009

France'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 ...


Oil discovery near Njord

Friday, June 12th, 2009

Oil has been discovered by StatoilHydro in the Gygrid prospect about 20 kilometres north-east of Njord in the southern part of the Norwegian Sea. “It’s very positive that we’ve now found ...


CME Group Announces the Launch of Clearing Services for New Petroleum Swap Futures

Monday, May 11th, 2009

CHICAGO, May 8 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced the launch of clearing services for five new petroleum swap futures contracts, scheduled ...


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 ...


Oil News from around the web, Oil steadied at less than $46 a barrel on Tuesday, CNOOC has no plan to buy oil companies abroad

Tuesday, April 21st, 2009

))))) Price of crude oil fell more than six per cent, to around $47 a barrel yesterday, due to a rising value of the United States dollar and “growing caution ...


Acquisition of Petrobras Energía Perú

Wednesday, April 15th, 2009

PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces that it has approved the acquisition of 60% of the capital ...


Increase of the Offer to Acquire UTS Energy Corporation to C$ 1.75 cash per Share

Monday, April 13th, 2009

Total 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 ...


Commercial Viability Announcement in the BM-S-7 Block

Tuesday, April 7th, 2009

Rio de Janeiro, April 6, 2009 – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces that the Consortium of ...


First Russian LNG cargo starts its journey to Japan

Monday, March 30th, 2009

The first Russian LNG cargo for delivery to Japan has been successfully loaded from the Sakhalin II LNG plant into the Energy Frontier LNG carrier. The Energy Frontier left the ...


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 ...


ExxonMobil and National Community Action Foundation Partner to Train Workers in Energy Efficiency

Thursday, March 5th, 2009

    Effort Supports the Growth of Community Weatherization Programs WASHINGTON--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) and the National Community Action Foundation announced today a new partnership to enhance training programs for the ...


Aker Solutions awarded Kollsnes contract

Thursday, February 26th, 2009

Aker Solutions has been awarded an EPC contract to modify and develop the gas plant at Kollsnes on the west coast of Norway. This plant is processing natural gas from ...


Gulftex Operating, Inc. Has Completed Negotiations with Devon Energy Corporation for Additional Barnett Acreage

Wednesday, February 25th, 2009

Gulftex 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 ...


Chevron to Establish Sustainable Energy Efficiency Center in Qatar

Tuesday, February 17th, 2009

Chevron and Qatar Science & Technology Park Partner to Advance Renewable and Energy Efficiency Technologies SAN RAMON, Calif., Feb 17, 2009 (BUSINESS WIRE) -- Chevron Corporation (NYSE:CVX) announced today plans to ...


Clarifications on BMS-9 expected oil volumes

Friday, February 13th, 2009

PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, in reply to news about expected recoverable oil volumes in the BMS-9 ...


Chevron Energy Solutions Awarded U.S. DOE Contract for Energy Efficiency and Renewable Power Projects

Friday, December 19th, 2008

Master Contract for Energy Projects at U.S. Federal Agency Facilities Nationally and Internationally SAN RAMON, Calif.--(BUSINESS WIRE)--Dec. 19, 2008--Chevron Energy Solutions (CES), a unit of Chevron Corporation (NYSE: CVX), has been ...


Collège de France Creates a Sustainable Development, Environment, Energy and Society Chair in Cooperation with Total

Wednesday, December 10th, 2008

In cooperation with Total, 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, ...