International Oil & Gas Holdings Corp. Announces Reverse Stock Split

Tuesday, May 20th, 2008

DALLAS--(BUSINESS WIRE)--International Oil & Gas Holdings Corp. (Pink Sheets: IOGA) today announced that its Board of Directors had voted to effect a reverse split of the Company’s common stock at ...


Petrobras’ oil & gas production up 5.1% in Brazil

Sunday, May 18th, 2008

Petrobras’ average oil and natural gas production in Brazil reached 2,157,226 barrels of oil equivalent per day (boe) in April, 5.1% more than a year ago and 2% above the ...


Universal Closes Purchase of Namibian Oil & Gas Assets

Thursday, April 24th, 2008

VANCOUVER, BRITISH COLUMBIA- Universal Power Corp. (“Universal”) or (the “Company”) announced today, to add to its news releases dated February 26th and March 24th 2008, the Company has completed the ...


Mandatory offer by Eni UK Holding plc (”Eni Holding”) for 20% of Hindustan Oil Exploration Limited (”HOEC”)

Thursday, April 24th, 2008

Earlier this year, Eni Holding completed its acquisition of Burren Energy plc and thereby indirectly purchased a 27.17% interest in HOEC, an Indian oil & gas company listed on the ...


Aabar signs sale agreement for upstream oil & gas unit Pearl Energy

Tuesday, April 22nd, 2008

Following the earlier announcement of 14 January 2008, Aabar Energy PJSC ('Aabar') announces that it has signed a sales and purchase agreement with Mubadala Development Company PJSC ('Mubadala') for the ...


OCEANTEAM enters into Engineering Joint Venture

Thursday, April 3rd, 2008

Oceanteam ASA announced today that it has agreed with the Management of KCI Oil & Gas Engineers in the Netherlands a joint venture for the renewables market.   The management concluded at ...


Samson Oil & Gas Increases Transparency of ADR Trading Programme

Wednesday, April 2nd, 2008

DENVER & PERTH, Australia--(BUSINESS WIRE)--Samson Oil and Gas (AMEX:SSN)(ASX:SSN) wishes to advise its shareholders of the progress that has been made in the trading of its American Depositary Receipts (ADRs) ...


SAGA Oil ASA acquires new large oil & gas field in Russia

Monday, March 3rd, 2008

SAGA Oil has purchased the 637 square kilometer Kudryashovsky license in the Orenburg region in Russia. The license has preliminary extractable reserves of 60.8 million BOE, confirmed by the Russian ...


ACOR is Finalizing Approvals on ATP-582 to Begin Exploration on the Largest Oil & Gas Concession in Queensland

Wednesday, February 27th, 2008

ACOR Will Retain a 50% W.I. in the 1st well CISCO, Texas--(BUSINESS WIRE)--Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB:AUCAF) is pleased to announce that ACOR management traveled to Australia and ...


Emission-Reducing Technology Developed By GE Oil & Gas For Frame 5-2 Gas Turbines Wins Ecomagination Certification

Wednesday, February 6th, 2008

FLORENCE, ITALY - February 5, 2008 :- GE Oil & Gas today announced that its DLN-1 IBH emissions technology, which enables Frame 5-2 gas turbines running at partial load to ...


GE Oil & Gas Signs Frame Agreements with StatoilHydro Valued at More Than $300 Million

Wednesday, January 30th, 2008

Contracts Cover High-Pressure Compression Equipment and Services FLORENCE, Italy--(BUSINESS WIRE)--GE Oil & Gas has secured two frame agreements with a total value of more than $300 million to supply compression equipment ...