OMV has first exploration success as operator on the UK Atlantic Margin

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 ...


Oil News from around the web, University of Ghana introduces Masters Degree in Petroleum; Opec is expected to keep production quotas at existing levels

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 ...


Oil News from around the web, Nigeria’s fortunes;Azerbaijan and Turkey;Stanlow facility;Australian oil and gas block

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 ...


Oil News from around the web, Crude oil for August 2009 delivery fell 50 cents to $59.39 a barrel ;London Brent fell 40 cents to $60.12; Nigeria militants claim attack on Lagos oil depot

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, ...


Wintershall makes oil and gas discovery in first operated well in Norway

Wednesday, July 8th, 2009

Kassel / Stavanger. Wintershall Holding AG is pleased to announce a discovery at the Grosbeak prospect in production licence 378 in the Norwegian North Sea. The well proved both oil and ...


Occidental Petroleum and Mubadala Sign Development and Production Sharing Agreement for the Bahrain Field Development

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 ...


Gazprom delegation visits Libya

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 ...


New gas strike in Algeria by RWE Dea

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. ...


RWE Dea records second-highest earnings in its corporate history

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 ...


Occidental Replaces 210 Percent of 2008 Production

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 ...


OMV announces first gas from Latif field in Pakistan

Monday, March 9th, 2009

Investments further strengthen OMV’s position in the Middle East core region E&P success contributes to Pakistan’s natural gas supply Today OMV, the leading energy group in the European growth belt, has announced ...


TransGlobe Energy Corporation Provides Operational Update and Guidance for 2009

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 ...


Dana Gas investing over US$ 500 million in 2008

Tuesday, May 20th, 2008

Major projects and operations underway in Northern Iraq, Egypt, UAE Company looks to expand with new business in GCC and North Africa Dana Gas PJSC, the Middle East’s first and ...


OMV acquires exploration license in offshore Tunisia

Friday, April 25th, 2008

80% OMV interest in the Sidi Mansour block in the Gulf of Gabes OMV with a total of five production and two exploration licenses in Tunisia Strengthened position in E&P core region ...