Friday, February 26th, 2010
Russian Gazprom company is to hold talks in the coming few days with Yemeni officials on investing in oil and gas areas in the country. Russian Gazprom company project officer ...
Tuesday, January 26th, 2010
Long Term Trends Reassert Themselves as Combined Value Gains 35%
WASHINGTON, DC--(January 26, 2010) – The combined value of the 50 largest publicly traded energy companies increased 35% in 2009 ...
Thursday, January 7th, 2010
Uganda's oil discoveries in three blocks are expected to generate 100,000 barrels of oil per day for the next 25 years, the country's Energy Ministry said.
The Energy Ministry's principal geophysicist ...
Monday, November 2nd, 2009
CGGVeritas has announced the successful completion of the acquisition phase of a first continuous land 3D SeisMovie™ project conducted for Shell Canada in the Peace River region, Alberta, Canada. The ...
Thursday, September 24th, 2009
Angola state-owned company Sonangol will buy Marathon Oil's 20% stake in Angola's Block 32, valued at $1.3bn, Sonangol has announced.
The agreement comes after the sale was blocked to two Chinese ...
Friday, September 18th, 2009
CGGVeritas announced today that Ardiseis, its regional joint venture with TAQA in Oman and the wider Middle East region, achieved a double milestone with its Oman land acquisition crew who ...
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 ...
Wednesday, September 9th, 2009
Model on the following schedule:
New York
Date:September 14, 2009 (Monday)
Time:2:30 PM - 4:00 PM (New York)
Address: Grand Hyatt New York - 109 East 42nd Street
Room: Manhattan Ballroom
Paris
Date: September 17, 2009 ...
Thursday, September 3rd, 2009
Petróleo Brasileiro S.A. – Petrobras informs that the President of Brazil submitted to Congress the new proposed legislation for the oil and gas industry. The proposals are based on studies ...
Monday, July 6th, 2009
Despite all the international difficulties for investments in new areas for oil exploration, the oil giant PETROBRAS, YPF and GALP formed a consortium to present E&P bids for two of ...
Friday, June 26th, 2009
The Federal Republic of Nigeria and the Russian Federation yesterday signed six agreements bothering on nuclear energy, transfer of prisoners, investment promotion, cooperation on legal matters, Memora-ndum of Understanding in ...
Wednesday, June 24th, 2009
Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) announced today that it has entered into a definitive agreement (the “Support Agreement”) with Sinopec International Petroleum ...
Tuesday, June 16th, 2009
GE Oil & Gas through affiliate Nuovo Pignone S.p.A has signed a global frame agreement with PETRONAS, Malaysia’s state-owned oil company, for the supply of a range of gas turbines ...
Friday, May 29th, 2009
Orders for technology and services worth more than $80 million
Abu Dhabi, UAE; May 28, 2009– GE Oil & Gas, a world leader in oil and gas advanced technology equipment 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 ...
Wednesday, April 15th, 2009
BG Group today announced a new discovery in the pre-salt Santos Basin, offshore Brazil.
The well, 4-BRSA-709 (4-SPS-60), known as Iguaçu, has proven the presence of another accumulation of light oil, ...
Monday, March 9th, 2009
PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company, announces:
.Fourth Quarter Results and the Fiscal Year 2008 - Financial Market Report ...
Friday, February 27th, 2009
Total announces today that it has signed an agreement with Azerbaijan’s state-owned SOCAR. The exploration, development and production sharing agreement (EDPSA) covers a license on the Absheron offshore block. This ...
Wednesday, February 4th, 2009
Calgary, Alberta, February 4th, 2009 –
20 per cent increase in Proved plus Probable oil reserves to 536.7 MMbbl
23 per cent increase in unrisked prospective oil resources to 2,772 MMbbl
17 per ...
Wednesday, January 7th, 2009
NEW YORK, Jan 07, 2009 (BUSINESS WIRE) -- Hess Corporation (NYSE: HES) announced today that Greg Hill has been named President, Worldwide Exploration and Production. Hill will also be an ...
Friday, December 19th, 2008
BP today announced that it has successfully started production from the third and fourth wells at the Thunder Horse field with production now in excess of 200,000 barrels of oil ...
Monday, December 15th, 2008
Oil and Natural Gas Corporation Ltd. (ONGC) and Indian Oil Corporation Ltd. (IOC) have signed a Memorandum of Understanding (MoU) at New Delhi on 10th December 2008 for mutual cooperation ...
Tuesday, November 4th, 2008
Project commencement and new discoveries creating solid platform for further growth
Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has today announced that its aggressive growth ...
Thursday, October 30th, 2008
Lundin Petroleum AB (Lundin Petroleum) announces that well Muny Deng-1, drilled on the Muny Deng prospect, has reached a total depth of 2,450 metres and will be plugged and abandoned ...
Thursday, October 30th, 2008
Exxon Mobil Corporation (NYSE:XOM):
Third Quarter Nine Months
2008 2007 % 2008 2007 %
Net Income
$ Millions 14,830 9,410 58 37,400 28,950 29
$ Per Common Share
Assuming Dilution 2.86 1.70 68 7.11 ...
Thursday, October 30th, 2008
/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
CALGARY, Oct. 30 /CNW/ - Heritage Oil Limited (LSE: HOIL), an ...
Wednesday, July 30th, 2008
President Bush and His Administration Are Working to Advance Energy on All Fronts and Call on Congress to Take Action
EUCLID, Ohio--(BUSINESS WIRE)--
Today, President Bush toured the Lincoln Electric Company in ...
Friday, July 18th, 2008
Eni informs that last night a sudden drop of pressure has occurred at the Nigerian pipelines linking Tebidaba flowstation to Brass terminal and Ogbambiri flowstation to Tebidaba flowstation. Production has ...
Monday, July 7th, 2008
BHP Billiton announced today that first oil and natural gas production has commenced from the Neptune development in the deepwater Gulf of Mexico. The single-column tension leg platform (TLP) is ...
Thursday, June 26th, 2008
Schaeffer and Fitz Brought on to Lead Practice
HOUSTON--(BUSINESS WIRE)--Quorum Business Solutions, Inc. (“Quorum”), a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, ...
Monday, June 9th, 2008
PA Resources has completed the drilling of the production well Didon-7 on the Didon oil field offshore Tunisia. The initial pilot hole encountered the top reservoir five meters higher than ...
Thursday, May 29th, 2008
This new important award confirms Eni's commitment as a leading explorer of Indonesia's frontier basins.
San Donato Milanese (Milan), 27 May 2008 - Following an International Licensing Round, Indonesia has awarded ...
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 ...
Wednesday, April 30th, 2008
DALLAS--(BUSINESS WIRE)--Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) today announced an agreement with Contango Operators, Inc. to process gas from Contango’s Mary Rose gas field discoveries that successfully tested deep-shelf ...
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 ...