Indian Petroleum Minister Arrives in Kharotum January 24

Monday, January 25th, 2010

Indian Petroleum Minister Murli Deora on Sunday arrived here for a two-day official visit to sudan , his first leg of his whirlwind four-nation tour of the African continent to ...


Brazil, China, India, Iran and Saudia Arabia are likely to see the highest growth in refining

Monday, January 18th, 2010

Brazil, China, India, Iran and Saudia Arabia are likely to see the highest growth in refining leading up to 2013, by which time they will make up 44% of the ...


London Brent up 55¢ to $68.59

Tuesday, October 6th, 2009

 US crude for November rose 55¢ to $70.96 a barrel by 07.46 GMT, after gaining 46¢ to settle at $70.41 on Monday. London Brent was up 55¢ to $68.59, reports ...


Fleming Gulf’s “MENA Natural Gas Distribution Summit”, Cairo – Egypt, 8-10 December’09

Monday, September 28th, 2009

Up until a few years ago, Natural Gas was considered the poor cousin of oil production in the MENA region. Though it is the ideal fuel for electricity generation, natural ...


First Hydrocarbon Nigeria Limited

Thursday, July 9th, 2009

Afren plc (“Afren” or the “Company”) announces that First Hydrocarbon Nigeria Company Limited (“FHN”) has been established to be a majority Nigerian owned oil and gas company in the indigenous ...


Gazprom and Nigerian National Petroleum Corporation sign Agreement on setting up joint venture

Friday, June 26th, 2009

On June 24, 2009, as part of the official visit by Dmitry Medvedev, President of the Russian Federation to the Federal Republic of Nigeria, Gazprom and the Nigerian National Petroleum ...


Eni and Egypt’s Ministry of Petroleum announce new co-operation initiatives in the hydrocarbon sector

Wednesday, May 13th, 2009

This is another example of Eni implementing its cooperation model in countries where it operates, integrating traditional business with activities capable of satisfying the energy needs of producing countries and ...


Oil News from around the web, London Brent crude fell 74 cents to $49.25 a barrel ; Nexen said its quarterly profit fell 79%

Wednesday, April 29th, 2009

)))))Oil prices extended losses and fell towards $49 a barrel on Wednesday, as fears that the swine flu outbreak could dent fuel demand were further exacerbated by fresh worries about ...


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 ...


KBR Awarded FEED Contract for Ammonium Nitrate Plant

Thursday, March 26th, 2009

at Petrochemical Complex by Egypt Hydrocarbon Corporation (EHC) HOUSTON--(BUSINESS WIRE)--KBR (NYSE: KBR) today announced that it has been awarded a contract by Egypt Hydrocarbon Corporation (EHC) to complete a Front End ...


Kosmos Energy’s Tweneboa-1 Well Makes Significant Discovery Offshore Republic of Ghana

Monday, March 9th, 2009

Company Marks Fourth Consecutive Find on Ghanaian Acreage DALLAS--(BUSINESS WIRE)--Kosmos Energy announces today that the Tweneboa-1 well has discovered a light hydrocarbon accumulation in the Tano Basin offshore the Republic of ...


Dana Gas moves ahead with plans for 1,000 sq km offshore concession in Sharjah

Monday, February 2nd, 2009

Equipment and materials ordered, contracts to be awarded Dana Gas, the Middle East's first and largest regional private-sector natural gas company, is moving ahead with plans for the exploration and development ...


Gazprom obtains rights for hydrocarbon exploration and production in Algerian El Assel area

Wednesday, January 21st, 2009

Gazprom Netherlands B.V. and the Algerian State Oil and Gas Corporation (ASOGC) Sonatrach have signed an Agreement for the transfer of rights for hydrocarbon exploration and production in the onshore ...


Nigeria, India express desire for enhancing oil sector cooperation

Thursday, January 15th, 2009

India and Nigeria have expressed keen desire to take forward the existing cooperation between the two countries in the hydro-carbon sector. At a bilateral meeting held in New Delhi on ...


Emerald Energy Plc, Colombia – Operations Update

Tuesday, July 15th, 2008

Emerald Energy Plc (“Emerald” or the “Company”) would like to provide the following update on operations in Colombia.   Ombu Farmout The Company has entered into a farmout agreement with Canacol Energy Inc. ...


Eni makes a new oil discovery in the UK North Sea

Wednesday, May 21st, 2008

Exploration well, which confirmed the presence of a hydrocarbon accumulation, reached a total depth of 2787 metres below sea level San Donato Milanese (Milan), 21 May 2008 - Eni has made ...


Total Becomes a Global Leader in Computing Power

Thursday, May 15th, 2008

 Total announces today that it has acquired a high-performance computer that makes it a global leader in scientific computing power. This investment aims at efficiently enhancing the ability to process ...


LUKOIL ACQUIRES NEW HYDROCARBON ASSETS IN UZBEKISTAN

Sunday, March 9th, 2008

LUKOIL Overseas (OAO LUKOIL’s 100% subsidiary) has completed a transaction with ZAO MGNK-SoyuzNefteGaz to acquire 100% of SNG Holdings Ltd. group, one of which is SoyuzNefteGaz Vostok Limited, a signatory ...