Gazprom’s third quarter net income rise

Monday, February 1st, 2010

Gazprom saw its third quarter net income rise by 33% year-on-year due to a weaker ruble and an increase in domestic gas prices, the company said. Net income rose to R174.6bn ...


Schlumberger Profits Slide

Monday, January 25th, 2010

Oil services company Schlumberger has reported a net income of $795m for the fourth quarter of 2009, down from $1.15bn during the same period in 2008. Fourth-quarter revenue stood at $5.74bn, ...


Oil News from around the web, University of Ghana introduces Masters Degree in Petroleum; Opec is expected to keep production quotas at existing levels

Monday, September 7th, 2009

Opec is expected to keep production quotas at existing levels at its meeting in Vienna on Wednesday, Iranian Opec representatives have indicated. Apart from Saudi Arabia, Iraq, Qatar, Libya, Iran and ...


Oil News from around the web, Nigeria’s fortunes;Azerbaijan and Turkey;Stanlow facility;Australian oil and gas block

Tuesday, August 18th, 2009

The price of oil fell to its lowest in more than two weeks because of decreased demand and growing stockpiles in the US to ensure sufficient supplies during the North ...


LUNDIN PETROLEUM RELEASES AUDITED RESERVE REPORT FOR THE LUNO FIELD, OFFSHORE NORWAY

Tuesday, July 21st, 2009

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its independent reserves auditor Gaffney, Cline and Associates (GCA) has assigned 95 million barrels of oil equivalent (MMboe) of gross ...


Oil News from around the web, Crude oil for August 2009 delivery fell 50 cents to $59.39 a barrel ;London Brent fell 40 cents to $60.12; Nigeria militants claim attack on Lagos oil depot

Monday, July 13th, 2009

TNK-BP closed the necessary transactions to take near-complete control over the shares in the Lisichansk refinery, a top producing refinery in Ukraine. The refinery, located near the eastern border in Ukraine, ...


Wintershall makes oil and gas discovery in first operated well in Norway

Wednesday, July 8th, 2009

Kassel / Stavanger. Wintershall Holding AG is pleased to announce a discovery at the Grosbeak prospect in production licence 378 in the Norwegian North Sea. The well proved both oil and ...


Oil discovery in the Kigogole-3 exploration well in Uganda

Tuesday, June 16th, 2009

Tullow Oil plc (Tullow) announces that the Kigogole-3 exploration well, which is located in the Butiaba region of Uganda Block 2, has encountered over 20 metres of net oil pay ...


Oil News from around the web, GNPC announces discovery of more oil, Energy supply crunch without prompt investment

Wednesday, March 25th, 2009

The price of OPEC basket of twelve crudes stood at 50.44 dollars a barrel on Tuesday, compared with $50.18 the previous day, according to OPEC Secretariat calculations -GNPC announces discovery of ...


Alexey Miller, Dimitar Gogov and Galina Tosheva discuss South Stream project and security enhancement of gas supplies to Europe

Tuesday, February 10th, 2009

The Gazprom Headquarters hosted today a working meeting of Alexey Miller, Chairman of the Company’s Management Committee, Dimitar Gogov, Executive Director of Bulgargaz and Galina Tosheva, Member of the Board ...


Eni website ranks first in Europe in the 2008 H&H Webranking

Wednesday, December 3rd, 2008

The European ranking has been compiled by Swedish company Hallvarsson & Halvarsson on the basis of a survey circulated to 360 European analysts, journalists and investors on corporate websites of ...


Oil News FYI @ 21st Nov. 08

Friday, November 21st, 2008

US light sweet crude fell to $49.62, while London-traded Brent crude fell to $48.90 a barrel. The price of oil is around two-thirds cheaper than in July, when it hit ...


LUNDIN PETROLEUM COMPLETES WELL IN PAYS DU SAULNOIS IN FRANCE

Thursday, October 30th, 2008

Lundin Petroleum AB ("Lundin Petroleum") announces that the exploration well Vaxy-1 in Pays du Saulnois in the eastern part of France has been successfully completed. Studies are ongoing to define ...


LUNDIN PETROLEUM COMPLETES EXPLORATION WELL MUNY DENG-1, BLOCK 5B, SUDAN

Thursday, October 30th, 2008

Lundin Petroleum AB (Lundin Petroleum) announces that well Muny Deng-1, drilled on the Muny Deng prospect, has reached a total depth of 2,450 metres and will be plugged and abandoned ...


Arkema Launches an Industrial Production Project in Europe of A Low-GWP Fluorinated Gas for Automotive Air-Conditioning

Wednesday, July 9th, 2008

Regulatory News: Arkema (Paris:AKE) will invest in European production of a new low-GWP1 fluorinated gas- R1234yf. Beginning in 2011, this new low GWP gas will gradually replace the HFC134a gas currently ...


Air Liquide: Eastern Europe: Acceleration of Development to Support Key Growing Markets

Wednesday, March 5th, 2008

PARIS--(BUSINESS WIRE)--Regulatory News: Eastern Europe is a fast developing region with strong double digit growth rates. Many markets, such as Metals, automotive and shipyard are expanding quickly and require substantial quantities ...