Tuesday, February 23rd, 2010
Sirius Petroleum has agreed a deal that brings it back into line with AIM rules by signing an acquisition and joint operating agreement with Del Sigma Petroleum Ltd over the ...
Tuesday, February 9th, 2010
The government of Ghana has blocked the estimated $4bn sale of a stake in its Jubilee oil field, foiling months of talks between potential buyer Exxon Mobil Corp and the ...
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 ...
Wednesday, November 11th, 2009
Nigeria is in talks with the international oil companies (IOCs) with a view to making some "adjustments" to the proposed oil reform law before the parliament, a senior official said ...
Friday, October 23rd, 2009
LOS ANGELES, Oct. 22, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $927 million ($1.14 per diluted share) for the third quarter of 2009, compared with ...
Thursday, October 15th, 2009
Oil surged yesterday above $75 a barrel, the highest this year, boosted by a weak dollar and optimism that a global economic rebound would lead to higher energy demand. But ...
Monday, October 12th, 2009
Occidental Petroleum Corporation (NYSE:OXY) announced today that it signed an agreement to purchase Phibro LLC ("Phibro") from Citigroup Inc., for approximately net asset value.
Primarily a trader in oil and gas, ...
Thursday, October 8th, 2009
Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.33 per share on common stock payable on January 15, 2010, to ...
Tuesday, October 6th, 2009
Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, October 22, 2009, following the release of its third quarter 2009 financial results. The conference call, which will begin ...
Thursday, October 1st, 2009
Crude oil for November 2009 delivery declined as much as $0.72, or 1%, to $69.89 a barrel in electronic trading on the New York Mercantile Exchange on 30 September, Bloomberg ...
Wednesday, September 16th, 2009
NYMEX crude for October delivery was down $0.03 at $70.95 a barrel by 07.10 GMT (3.10am EDT), after settling up $2.07 on Tuesday, while ICE Brent was down $0.17 at ...
Thursday, July 23rd, 2009
Occidental Petroleum Corporation (NYSE:OXY) announced today that it has made a significant discovery of oil and gas reserves in Kern County, California.
Occidental believes there are between 150 million and 250 ...
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 ...
Wednesday, July 8th, 2009
(GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, July 23, 2009, following the release of its second quarter 2009 financial results. The conference call, ...
Monday, July 6th, 2009
France's Total and China National Petroleum Corporation plan to bid for two large oil blocks being auctioned in Venezuela, instead of one in which they had already shown interest.
The sources ...
Tuesday, June 9th, 2009
Schlumberger today announced its contribution of two scholarships to the American Association of Petroleum Geologists’ (AAPG) Outstanding Student Chapter Awards.
Southern Methodist University in Dallas, Texas, was the award recipient among ...
Friday, June 5th, 2009
Nigeria
))))))Special Adviser to the President on Petroluem Matters, Professor Emmanuel Egbogah, yesterday told Irish investors that the Federal Government had embarked on unbundling of the Nigerian National Petroleum Corporation ...
Thursday, May 28th, 2009
Now the biggest downstream event in Africa, the 2009 edition of OTL AFRICA features an elaborate industry exhibition catering to industry`s product-showcasing needs. Against the backdrop of last year`s price ...
Thursday, April 30th, 2009
LOS ANGELES, April 30, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has increased the company's quarterly dividend from $.32 per share to ...
Friday, April 3rd, 2009
Organisation of Petroleum Exporting Countries (OPEC) yesterday stated that the current prices of crude oil, which is around $50 a barrel, can be acceptable given the current economic environment. ...
Thursday, March 26th, 2009
The price of OPEC basket of twelve crudes stood at 50.44 dollars a barrel on Tuesday, compared with $50.18 the previous day, according to OPEC Secretariat calculations
-Oil prices dipped Wednesday ...
Saturday, March 21st, 2009
Fourteen young Ghanaian graduate engineers have begun studies in various disciplines in oil and gas exploration and production under Tullow Oil Ghana’s sponsorship as part of the company’s bid to ...
Wednesday, March 18th, 2009
Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX:AXC and LSE:AXC) today announced flow test results for the TT-10 well, the seventh Cretaceous appraisal and development well drilled on the ...
Tuesday, March 3rd, 2009
PRNewswire-FirstCall via COMTEX/ -- BJ Services Company (NYSE: BJS; CBOE; PCX) announced today that J. W. Stewart, Chairman of the Board, President and Chief Executive Officer will appear at the ...
Thursday, February 26th, 2009
DALLAS & CAESAREA, Israel--(BUSINESS WIRE)--Zion Oil & Gas, Inc. (NYSE Alternext US: ZN) announced today that, on February 24, 2009, Zion submitted an application to Israel's Oil Commissioner requesting the ...
Tuesday, February 10th, 2009
RWE Dea AG, Hamburg, and El Paso Exploration and Production Company, Houston (USA), have entered into an agreement to exchange interests in adjoining exploration acreage holdings in Egypt.
Each company has ...
Monday, January 12th, 2009
Kuwait National Petroleum Company (KNPC) today announces the launch of a historic three year Corporate Social Responsibility (CSR) Program designed to build on KNPC’s existing strengths in environmental, social and ...
Thursday, October 30th, 2008
Lundin Petroleum AB ("Lundin Petroleum") announces that the exploration well Vaxy-1 in Pays du Saulnois in the eastern part of France has been successfully completed. Studies are ongoing to define ...
Thursday, October 30th, 2008
BJ Services Reports Fourth Fiscal Quarter Earnings of $0.57 per Diluted Share
BJ Services Company (NYSE: BJS; CBOE; PCX) today reported net income of $168.1 million, or $0.57 per diluted share, ...
Friday, October 17th, 2008
CHICAGO, Oct. 17 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that it will launch 17 new petroleum product swaps futures contracts, including 12 ...
Monday, September 29th, 2008
HOUSTON--(BUSINESS WIRE)--BHP Billiton Petroleum (NYSE:BHP) (NYSE:BBL) announced today that it has acquired exploration rights to an onshore block of approximately 7,750,000 acres in the Llanos Basin, Colombia. The Company signed ...
Monday, September 1st, 2008
The Nigerian National Petroleum Corporation (NNPC) and ExxonMobil have signed an agreement to establish a natural gas-to-liquid petroleum plant in Nigeria.
"It will fast-track the execution of the project from the ...
Tuesday, August 26th, 2008
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Anadarko Petroleum Corporation's (NYSE:APC) long-term Issuer Default Rating (IDR) and other associated debt ratings following its announcement of a $5 billion stock repurchase program.
Anadarko ...
Tuesday, August 26th, 2008
PLEASANTON, Calif.--(BUSINESS WIRE)--Sub-One Technology, the market leader in advanced coatings for internal surfaces, announced today the release of anti-corrosion coatings made from nanometer-sized carbon-based materials found in petroleum and developed ...
Wednesday, August 6th, 2008
New York, N.Y., August 5, 2008 -- The New York Mercantile Exchange, Inc. today announced margin changes for some of its crude oil and petroleum related futures contracts on NYMEX ...
