Friday, November 13th, 2009
Korea National Oil Corp. (KNOC)approached the Nigerian government about an out-of-court settlement in a dispute over the cancellation of its oil-exploration rights in the country, the government said.
The offer was made ...
Friday, September 25th, 2009
Pan-African bank Ecobank will arrange a syndicated $300 million facility to refinance the debts of Ghana's Tema Oil Refinery (TOR), an Ecobank official said on Monday. The facility will cover ...
Sunday, August 30th, 2009
ERHC Energy Inc. (OTCBB: ERHC), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, recently publicized ...
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 ...
Sunday, April 19th, 2009
))))India’s state-owned firm ONGC’s overseas arm, ONGC Videsh Ltd. (OVL), could find itself back in the running for Nigerian blocks OPL 321 and 323. The company had lost out in ...
Monday, April 13th, 2009
))))))) Oil prices rose above $53 a barrel Monday in Asia as investors looked to U.S. corporate earnings reports this week for signs of economic recovery that could sustain crude's ...
Tuesday, February 3rd, 2009
State-run Korea National Oil Corp (KNOC) said on Tuesday that it has started an oil exploration project in Iraq on its own, after failing to attract consortium members for the ...