Wednesday, March 10th, 2010
Al Arbeed: “We are committed to promote and develop the energy sector of the region and support events such as MEPEX”
Dana Gas, the Middle East's first and largest regional ...
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
Oil services company Schlumberger has reported a net income of $795m for the fourth quarter of 2009, down from $1.15bn during the same period in 2008.
Fourth-quarter revenue stood at $5.74bn, ...
Friday, January 22nd, 2010
Oil prices today rose above $78 a barrel following strong Chinese growth data that counterbalanced the World Bank's bleak outlook for the global economy.
For the new March delivery front-month contract, ...
Tuesday, November 3rd, 2009
Successful exploration well “Tornado” discovers hydrocarbons
OMV’s first operated exploration well in deepwater West of Shetlands
Continuing commitment to the UK oil & gas sector
OMV, the strongest energy group in the European ...
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 ...
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 ...
Wednesday, June 10th, 2009
)))Abu Dhabi official crude selling price down 52.06%
The official selling price of Abu Dhabi's crude oil grades averaged US$59.49 a barrel in May, down 52.06 per cent from an average ...
Friday, May 1st, 2009
Chevron Europe, Eurasia and Middle East, an affiliate of Chevron Corporation, today announced that it has successfully bid for the exploration rights in nine blocks awarded in the 20th Norwegian ...
Thursday, April 30th, 2009
))))) The Organisation of Petroleum Exporting Countries (OPEC) has warned that the current crude oil price, which hovers around $50 per barrel is too low for continued investment.
The 12 member ...
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
IRVING, Texas--(BUSINESS WIRE)--Mr. S. M. (Steve) Cassiani, president, ExxonMobil Upstream Research Company, has elected to retire on May 31, 2009, after more than 40 years of service.
It is anticipated that ...
Sunday, April 19th, 2009
TGS-NOPEC Geophysical Company (TGS) has commenced acquisition on a new 3,500-kilometer multi-client 2D seismic survey in offshore Benin.
The Benin 2D program is an extension of the 10,000 kilometers of TGS ...
Thursday, April 2nd, 2009
RWE Dea made yet another gas find in the Ahnet Basin in the Algerian Sahara. For RWE Dea, it has already been the third successful strike in Algeria in 2009. ...
Wednesday, March 18th, 2009
LOS ANGELES, Feb. 13, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that at year-end 2008, the company's preliminary worldwide proved reserves, on a consolidated basis, totaled 2.98 ...
Wednesday, March 11th, 2009
Deepwater exploration campaign expected to commence in the fourth quarter of 2009
Calgary, Alberta, March 11th, 2009 – Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX:AXC and LSE:AXC), today announces ...
Wednesday, January 21st, 2009
CALGARY, ALBERTA--(Marketwire - Jan. 20, 2009) - TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL) (NASDAQ:TGA) is pleased to provide an update on its operations and production guidance for 2009.
OPERATIONS ...
Wednesday, January 14th, 2009
OPEC Oil Export Revenues
Based on projections from the EIA January 2009 Short Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $387 billion ...
Friday, November 21st, 2008
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for crude oil treatment at Rabigh gas turbine power plant in ...
Thursday, October 23rd, 2008
LUKOIL ranked 8th among European,Middle East and African companies and 11th among global companies in the American energy agency Platts 2008 ‘Top 250 Energy Companies’ List.
All companies were ranked by ...
Friday, October 17th, 2008
YOKOHAMA, Japan--(BUSINESS WIRE)--Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004) announced the award of an EPC Competition Contract for participation in an EPC design competition of the LNG Plant and associated facilities for an ExxonMobil-operated ...
Friday, August 1st, 2008
CAESAREA, Israel--(BUSINESS WIRE)--Zion Oil & Gas, Inc. (Amex: ZN) of Dallas, Texas and Caesarea, Israel announced today that Aladdin Middle East ("AME") and Zion have amended their June 18 protocol ...
Thursday, July 31st, 2008
Regulatory News:
Middle Eastern countries have double digit rates of GDP growth, leading to growth in the industrial gas market exceeding +20% per year. Industrial markets in the zone, such as ...
Thursday, July 10th, 2008
EOC Limited: EOC’s 9M FY08 Net Profit Swells 267% amid Robust Offshore Construction and Pipe Laying Activity
Topline balloons 6 fold as Group’s new heavy lift accommodation pipelay vessel, Lewek Champion, ...
Monday, July 7th, 2008
ADNOC announces retrospective crude prices for June 2008
According to Emirates News Agency, WAM, The Abu Dhabi National Oil Company (ADNOC) yesterday announced the retrospective prices for June 2008 for Abu ...
Wednesday, May 21st, 2008
HOUSTON, May 21, 2008 (PRIME NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today announced that the Transocean jackup GSF Rig 127 set a world record for the longest extended-reach well ever drilled ...
Friday, April 25th, 2008
Contract Covers Several Projects Over Seven Years
FLORENCE, ITALY - April 24, 2008 :- For more efficient extraction of gas from depleted wells in four of its gas fields, Petroleum Development ...
Wednesday, April 16th, 2008
NEW YORK--(BUSINESS WIRE)--Coda Octopus Group, Inc. (OTCBB: CDOC), designer, developer and manufacturer of the unique, patented 3D real time sonar, the Coda Echoscope™, and other underwater technologies, today announced an ...
Thursday, March 13th, 2008
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for the unique Alfa Laval Packinox plate ...
Thursday, March 13th, 2008
CARLYSS, LOUISIANA (March 11, 2008) – Global Industries, Ltd. (Nasdaq: GLBL) today announced that two of its subsidiaries have received contract awards worth a total of approximately $35 million. One ...
Friday, February 29th, 2008
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for crude oil treatment at a ...
