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 ...


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, ...


Gazprom and Srbijagas sign Basic Cooperation Agreement in the framework of South Stream project implementation

Monday, May 18th, 2009

Alexey Miller, Chairman of the Gazprom Management Committee, and Dusan Bajativic, Director General of Srbijagas, signed a Basic Cooperation Agreement on implementation of the South Stream project on the ...


Hungarian Gas Discovery by JKX Oil & Gas plc

Tuesday, August 12th, 2008

JKX Oil & Gas plc (“JKX”) announces a gas discovery in the Hajdúnánás -1 exploration well in Hungary’s Pannonian Basin. The well was drilled to a total depth of 1,166m and ...


ExxonMobil to Assess Hydrocarbon Potential on Falcon Oil and Gas Lease in Mako Trough, Hungary

Monday, April 14th, 2008

IRVING, Texas--(BUSINESS WIRE2)--Exxon Mobil Corporation (NYSE:XOM) announced today that its affiliate Esso Exploration International Limited signed a production and development agreement with Falcon Oil and Gas Ltd. and its subsidiary, ...


New Exploration License Awarded in Hungary

Tuesday, March 18th, 2008

Matra Petroleum plc (AIM:MTA), the oil and gas E&P company focused on Central Europe and Russia is pleased to announce the award of the Mezocsokonya Exploration License in Hungary. The ...