Thursday, February 4th, 2010
Italian oil company Eni SpA has cancelled a development phase of a field in Iran, according to an announcement by Italy's Prime Minister, as Rome moves to block new oil ...
Thursday, February 4th, 2010
A delegation of oil and gas ministers from Bahrain arrived in Tehran for a fifth round of negotiations on importing gas from Iran, the semiofficial Fars News Agency reports.
Talks in ...
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 ...
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 ...
Tuesday, June 16th, 2009
The Chinese National Petroleum Corp. announced plans to begin drilling operations at the Azadegan oil field in Iran, one of the largest in the world.
CNPC said it signed a $2 ...
Friday, June 12th, 2009
The IEA raised its global estimate for daily oil demand by 120,000 barrels to 83.3 million barrels in its monthly. The increase was driven by the US and China. Consumption ...
Tuesday, June 9th, 2009
)))The Petroleo Brasileiro consortium, in which Petrobas holds a 65% operating stake, has confirmed the potential for 5-8 billion barrels of recoverable light oil and natural gas in the pre-salt ...
Saturday, June 6th, 2009
Reliance Industries Ltd., the largest private-sector oil conglomerate in India, stopped petroleum exports to Iran under pressure from U.S.-backed sanctions.
U.S. lawmakers in April introduced a bill imposing harsh penalties on ...
Tuesday, June 2nd, 2009
Crude oil for July 2009 delivery dropped as much as $0.78, or 1.1%, to $67.80 a barrel on the New York Mercantile Exchange. It was traded at $68.42 a barrel ...
Monday, June 1st, 2009
)))New York's main futures contract, light sweet crude for July delivery, struck 68.29 dollars. Brent North Sea crude for delivery in July bounced as high as 67.69 dollars a barrel
)))) ...
Thursday, May 14th, 2009
)))))))))US crude fell $0.54 to $57.48 a barrel at 06.19 GMT, and London Brent fell $0.33 to $57.01
))))))))))OPEC members should move to enforce current quotas, the Algerian oil minister said.
The ...
Thursday, April 23rd, 2009
))))) Oil prices lingered below $49 a barrel Thursday in Asia as rising U.S. crude inventories and a stark demand forecast by the IMF doused investor optimism for a near-term ...
Wednesday, April 22nd, 2009
Dana Gas PJSC, the Middle East's first and largest private sector regional natural gas company, outlined the key business achievements made by the company in 2008 at the Annual General ...
Thursday, March 26th, 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
-Oil prices dipped Wednesday ...
Wednesday, March 11th, 2009
OPEC Oil Export Revenues
Based on projections from the EIA March 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $383 billion of net ...
Friday, January 9th, 2009
Edison strengthens its upstream operations: the objective is to achieve annual production equal to 15% of the Group’s total needs
Milan, January 9th 2008 – During a ceremony attended by Iran’s ...
Monday, January 5th, 2009
Saboteurs blow up Agip oil pipeline in Delta State
Saboteurs blew up an oil pipeline operated by Italy's Agip in Nigeria's southern Niger Delta late on Friday, the military said on ...
Friday, December 5th, 2008
Crude oil prices slumped close to 40 dollars a barrel in trading on Today. The US expects a steep drop in energy demand. Oil has fallen 70 percent since reaching ...
Wednesday, December 3rd, 2008
Nigeria's draft 2009 budget includes $5 billion in funding for joint venture projects with foreign oil companies, President Umaru Yar'Adua told parliament on Tuesday. Funding shortfalls at state-run oil company ...
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 ...
Tuesday, September 2nd, 2008
Edison strengthens its upstream operations: the objective is to achieve annual production equal to 15% of the Group’s total needs
Milan, January 9th 2008 – During a ceremony attended by Iran’s ...
Tuesday, August 12th, 2008
Manager of National Iranian Oil Company for exploration affairs announced the discovery of 4 new oil and gas fields bearing about 3.7bn barrels of in-place oil and 1.5bn cm of ...
Monday, July 14th, 2008
Led by Alexey Miller, the Management Committee Chairman, a Gazprom delegation paid a working visit to the Islamic Republic of Iran.
Within the visit the delegation met with Gholamhossein Nozari, Iranian ...
Monday, February 11th, 2008
WARSAW. FEBRUARY 11. INTERFAX CENTRAL EUROPE - Polish gas monopolist PGNiG has signed a letter of intent with Offshore Oil Company on co-operation concerning development of previously discovered Iranian gas ...
