Tuesday, February 9th, 2010
BJ Services Company (BJS-NYSE, CBOE, PCX) today reported that revenue in the first quarter of fiscal 2010, which ended December 31, 2009, was $931.5 million, representing a 6% increase from ...
Monday, January 25th, 2010
Schlumberger Limited (NYSE:SLB) today reported full-year 2009 revenue of $22.70 billion versus $27.16 billion in 2008.
Income from continuing operations attributable to Schlumberger, excluding charges, was $3.36 billion, representing diluted earnings-per-share ...
Friday, January 22nd, 2010
LIBYA wants to invest in an oil refinery in Uganda should the Government decide to build one.
The manager of Oil Libya, which is a subsidiary of the African Investment ...
Monday, January 18th, 2010
LIBYA wants to invest in an oil refinery in Uganda should the Government decide to build one.
The manager of Oil Libya, which is a subsidiary of the African Investment Portfolio ...
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 ...
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 ...
Thursday, July 16th, 2009
ExxonMobil Exploration Company announced today that its affiliate, ExxonMobil Libya Limited, has started drilling the first deepwater exploration well in Libya. The A1-20/3 well is being drilled in Contract Area ...
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, ...
Monday, June 15th, 2009
ConocoPhillips [NYSE: COP], JSC National Company KazMunayGas (KMG) and Mubadala Development Company PJSC (Mubadala) today announced that they have signed project agreements allowing the joint exploration and development of the ...
Friday, May 29th, 2009
Tower Resources has spudded its first wildcat well, Iti-1, in northern Uganda.
The well will be drilled to an estimated depth of 650 metres and should take two to three weeks ...
Monday, April 27th, 2009
LOS ANGELES, April 27, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have ...
Thursday, April 23rd, 2009
Successful exploration well in the offshore Sirte Basin
A natural flow rate of up to 1,264 bbl/d was achieved during the test
OMV strengthens its position in the North Africa core region
OMV ...
Thursday, April 16th, 2009
Nigeria Oil and Gas Industry
The Nigerian National Petroleum Corporation (NNPC) manages the state-owned oil industry.
The NNPC holds 49% in the Nigeria Liquefied Natural Gas (NLNG) Company.
Foreign Company Involvement: British ...
Wednesday, April 15th, 2009
)))))Oil prices gain ground at $53
Oil prices rebounded on Tuesday, supported by rising stock markets, upbeat results from US bank Goldman Sachs and hopes for a pick-up in world energy ...
Wednesday, April 15th, 2009
A Gazprom delegation, led by Alexey Miller, Chairman of the Company’s Management Committee paid today a working visit to Libya. As part of the visit Alexey Miller met with Shokri ...
Friday, April 3rd, 2009
Songa Venus has achieved operating efficiency of 89% in March. The rig is operating for Shell Australia offshore North West Australia.
Songa Mercur has achieved operating efficiency of 96% in ...
Saturday, March 28th, 2009
-Oil prices fell below $54 a barrel in Asia Friday, retreating from a new high for the year, on concerns about the sustainability of recent gains. Benchmark crude for May ...
Tuesday, March 24th, 2009
Growth strategy being consistently implemented
Good business performance in a difficult market environment
Increase in investments and size of workforce
“With an operating result of 494 million euros, RWE Dea recorded the second-highest ...
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 ...
Tuesday, February 10th, 2009
Total Signs Agreement with Libya’s NOC to Renew EPSAs for Blocks C17 and C137
Total today announces the signature of a MOU with Libya’s National Oil Corporation (NOC) converting the existing ...
Wednesday, January 21st, 2009
Libya to invest in Egypt's oil refinery
Libya revealed that it will invest in an oil refinery and a number of construction projects in Egypt.
“The working groups between Egypt and Libya ...
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 ...
Thursday, October 30th, 2008
HAMILTON, Bermuda--(BUSINESS WIRE)--Foster Wheeler Ltd. (Nasdaq: FWLT) announced today that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded a contract ...
Thursday, October 30th, 2008
Total announces that its subsidiary Total E&P Nigeria Limited (TEPNG), operator of the NNPC/TEPNG joint venture with a 40% interest, has launched the OML 58 upgrade project. Nigerian National Petroleum ...
Friday, October 17th, 2008
HOUSTON, October 17, 2008 - Schlumberger Limited (NYSE:SLB) today reported third-quarter revenue of $7.26 billion versus $6.75 billion in the second quarter of 2008, and $5.93 billion in the third ...
Tuesday, October 7th, 2008
RWE Dea’s exploration success has reached a total of six discoveries in Concession NC 193. The well G1-NC 193 encountered oil in the Upper Satal Formation at a depth of ...
Friday, September 12th, 2008
RWE Dea continues its exploration success with a sixth and seventh discovery in the Libyan Sirte Basin. Two exploration wells in the concession NC193 encountered oil bearing reservoirs.
The first exploration ...
Thursday, September 11th, 2008
On 10th September 2008, NOC announced that the German Company RWE Dea – North Africa, a party to an EPSA 3 agreement concluded with NOC where the share of NOC ...
Tuesday, September 2nd, 2008
London, United Kingdom (2 September 2008) - AMEC plc, the international engineering and project management company, has been awarded a five-year programme management consultancy (PMC) contract by Zakum Development Company ...
Wednesday, July 30th, 2008
On 28/07/2008, NOC announced that the Canadian Company, Verenex Energy, has made a new oil discovery in the well A1-47/04 in Ghadames Basin, which is approximately 250 km south west ...
Tuesday, July 15th, 2008
DUBAI, July 14, 2008: In a landmark achievement, the Star Consortium comprising of the Al Ghurair Investments’ subsidiary TransAsia Gas International and ETA Ascon Star Group’s Star Petro Energy, ...
Thursday, July 10th, 2008
Headed by Alexey Miller, Chairman of the Gazprom Management Committee a Gazprom’s delegation visited the Socialist People's Libyan Arab Jamahiriya.
Within the visit the delegation met with Shokri Mohamed Ghanem, Chairman ...
Monday, June 23rd, 2008
LOS ANGELES, June 23, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of the full 30-year agreements with the Libyan National Oil Company (NOC) to upgrade ...
Friday, May 9th, 2008
RWE Dea continues its exploration success with a fifth discovery in the Sirte Basin. Following three oil discoveries in Concession NC193 and one in Concession NC195 since late 2006, a ...
Friday, May 9th, 2008
CALGARY, May 8 /CNW/ - Verenex Energy Inc. ("Verenex" or the "Company") (TSX - VNX) is pleased to report its unaudited interim operating and financial
results for the three months ended ...
