Oil News from around the web, Nigeria’s fortunes

Sunday, August 9th, 2009

Nigeria’s dwindling oil fortunes have been attributed to disruption in production and shut-in by the Niger Delta crisis, and quota limits of the Organisation of Petroleum Exporting Countries (OPEC). However, ...


ExxonMobil Commences Drilling Libya’s First Deepwater Well

Thursday, July 16th, 2009

ExxonMobil Exploration Company announced today that its affiliate, ExxonMobil Libya Limited, has started drilling the first deepwater exploration well in Libya. The A1-20/3 well is being drilled in Contract Area ...


Petrobras concludes the acquisition of Esso Chile Petrolera

Friday, May 1st, 2009

 PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company informs that its wholly owned subsidiaries Petrobras Participaciones, S.L. (PPSL) and Petrobras ...