Thursday, February 25th, 2010
Petrobras announces the discovery of two new oil accumulations in reservoirs located in the Campos Basin, after the drilling of the exploratory well 6-BR-63A-RJS, located in Barracuda concession area, some ...
Saturday, February 6th, 2010
The Federal Government has ordered an immediate suspension of all actions regarding fresh allocations of oil blocks or marginal fields until President Umaru Yar’Adua returns to the country. It was ...
Thursday, February 4th, 2010
Malaysian manufacturers, who rely on natural gas to meet their needs, should look for other sources as the country is facing a shortage of the gas for industrial use, Director-general ...
Monday, February 1st, 2010
U.S. companies have pioneered a method known as hydraulic fracturing to extract natural gas from shale rocks and coal seams. The technology uses water, sand and chemicals to break up ...
Friday, January 29th, 2010
On February 22, 2010, the Energy Information Administration (EIA) will change the web addresses for key information releases in the Weekly Natural Gas Storage Report (WNGSR) and the Weekly Petroleum ...
Monday, January 25th, 2010
With large North Slope resources, Alaska has the opportunity to be a major supplier of natural gas to North America, Rich Kruger, president of ExxonMobil Production Company, said today in ...
Tuesday, January 19th, 2010
The Indian Government has granted state-owned Oil and Natural Gas Corporation (ONGC) Videsh the approval to invest $359 million during the first exploration phase in two Nigerian deep water blocks, ...
Thursday, January 7th, 2010
Agreement builds on series of recent agreements for natural gas delivery to customers in Asia
SAN RAMON, Calif., Jan 07, 2010 (BUSINESS WIRE) -- Chevron Corporation (NYSE:CVX) today announced that its ...
Tuesday, January 5th, 2010
Egypt expects 520 exploratory and development wells for oil and 36 for natural gas to be drilled in 2010, Minister of Petroleum Sameh Fahmy said. The oil wells will cost ...
Tuesday, December 8th, 2009
Accra, Dec. 7, GNA - The first phase of oil drilling in the Jubilee
Fields is expected to yield about 278 million barrels of oil, an official of
the Ghana National Petroleum ...
Tuesday, November 24th, 2009
The Shell Petroleum Development Company (SPDC), operators of a joint venture with the Nigerian National Petroleum Corporation (NNPC), has set a record gas production with a total of 512 million ...
Wednesday, November 18th, 2009
Petrobras announces it formalized with the BG Group, today, the incorporation of a joint venture to develop the FEED (Front End Engineering and Design) aiming to build an onboard natural ...
Monday, November 2nd, 2009
Down 51 Percent from $7.89 Billion in Third Quarter 2008
Upstream earnings of $3.64 billion decline 41 percent on lower prices for crude oil and natural gas
Net oil-equivalent production increases ...
Wednesday, October 21st, 2009
China National Offshore Oil Corporation (CNOOC) has received its first cargo of liquefied natural gas from Qatar, according to Chinese newspaper reports.
The first shipment, of 216,000 cubic metres, has arrived ...
Thursday, October 15th, 2009
CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for seven new options contracts on underlying futures strips for natural ...
Tuesday, October 13th, 2009
Qatar Airways makes historic journey from London Gatwick to Doha
New Gas to Liquids fuel offers diversity of supply and better local air quality at busy airports
A Qatar Airways aircraft this ...
Tuesday, October 6th, 2009
Substantial increase in oil and gas production/ Yuzhno Russkoye reaches plateau production/ Further expansion of North Sea operations
Buenos Aires. The German crude oil and natural gas producer Wintershall is continuing ...
Monday, October 5th, 2009
BUENOS AIRES, Argentina--(BUSINESS WIRE)--ExxonMobil will demonstrate its leadership across the natural gas value chain at Exhibit Booth H-50 at the WorldGas 2009 Conference from October 5-9, 2009 in Buenos Aires, ...
Wednesday, September 30th, 2009
Dave O’Reilly to Retire After 41 Years of Distinguished Company Service;
George Kirkland Named Vice Chairman, Retaining Oversight of Global Upstream Operations
SAN RAMON, Calif.--(BUSINESS WIRE)--Sep. 30, 2009-- The board of directors ...
Wednesday, September 16th, 2009
Contract brings total to 13x GE Oil & Gas ICL units sold since introduction in 2007
Florence, Italy – September 15, 2009– GE Oil & Gas has today announced that it ...
Tuesday, September 15th, 2009
Australian subsidiaries of Chevron Corporation (NYSE:CVX) and Korea Gas Corporation (KOGAS) have signed a Heads of Agreement (HOA) in Perth last night for the delivery of 1.5 million tonnes per ...
Monday, September 14th, 2009
Emerges as One of the World’s Largest Natural Gas Developments
Project Will Be a Global Leader in Applying Underground Carbon Dioxide Injection Technology
Chevron Corporation (NYSE:CVX) today announced that its subsidiary, Chevron ...
Saturday, September 12th, 2009
CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for eight new petroleum products and nine natural gas liquids futures ...
Thursday, September 10th, 2009
National Petroleum Corp. issued a written letter to Calgary-based Verenex Energy Inc. terminating a February acquisition agreement.
Verenex had agreed to the takeover bid by CNPC, which involves Libyan leases. CNPC ...
Tuesday, July 14th, 2009
Pemex (Petroleos Mexicanos) will invite contractors to take part in bidding for the Coridon natural gas project Burgos region in northern Mexico.
The company said that it could take four months ...
Thursday, July 2nd, 2009
CME Group, the world's largest and most diverse derivatives exchange, today announced the launch of clearing services for six new physically delivered natural gas liquids futures contracts. Clearing services will ...
Wednesday, July 1st, 2009
BG Group today announced an alliance with EXCO Resources, Inc. (NYSE:XCO), a US oil and natural gas exploration and production company.
Key points
Upstream
BG Group acquires a 50% interest in 120 000 ...
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 ...
Tuesday, June 23rd, 2009
Facilities in place to steadily increase supplies to U.S. markets
Drilling technology, best practices produce more gas more efficiently
HOUSTON--(BUSINESS WIRE)--ExxonMobil Production Company announced today the completion of new field processing capacity ...
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 ...
Monday, June 1st, 2009
Chevron Corporation (NYSE:CVX) today announced that its subsidiary, Chevron Africa Holdings Ltd., has completed the sale of Chevron Kenya Ltd. to Total Outré Mer. Chevron announced the initial sales agreement ...
Wednesday, May 20th, 2009
CALGARY, ALBERTA--(Marketwire - May 20, 2009) - Talisman (Colombia) Oil & Gas Ltd., a wholly owned subsidiary of Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) ("Talisman"), has announced a significant gas condensate ...
Monday, May 18th, 2009
Alexey Miller, Chairman of the Gazprom Management Committee, and Dusan Bajativic, Director General of Srbijagas, signed a Basic Cooperation Agreement on implementation of the South Stream project on the ...
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 ...
Thursday, April 30th, 2009
I am pleased to report that 2008 was another year of very strong progress for Heritage both operationally and in terms of positioning the Company for steady near- and long-term ...