Japanese firm to invest in Nigerian LNG project

Saturday, March 13th, 2010

A Japanese energy trading firm has taken up a strategic partnership role in Nigeria's Brass Liquefied Natural Gas (LNG) project, Nigeria's Acting President Goodluck Jonathan said on Thursday. The project ...


Chevron Awarded Rights to Develop New Venezuelan Energy Project

Thursday, February 11th, 2010

Chevron-Led Consortium to Acquire 40 Percent Interest in Orinoco Belt Heavy Oil Project Chevron Corporation (NYSE:CVX) today announced that a consortium led by its Venezuelan subsidiary has been selected to negotiate ...


LNG to be transported to Boston soon by Yemen

Thursday, February 4th, 2010

It is expected that the first shipment of Yemen Liquefied Natural Gas (LNG) is to be transported to the USA soon, the weekly 26 September said Thursday. The shipment will ...


Clarification about news: Papa Terra Project

Thursday, January 28th, 2010

Petrobras whishes to clarify the news published today by the press and to confirm the content of the media release distributed by Chevron Corporation regarding the Papa Terra project. The ...


Negotiations for Guará Pilot Project

Thursday, January 28th, 2010

Petrobras informs that it signed yesterday, together with the BG Group and Repsol, a Letter of Intent with the Consortium Schahin/Modec for the construction and leasing of a FPSO ...


Total to Develop the Timimoun Gas Project in Algeria

Wednesday, October 7th, 2009

Total (37.75%), Sonatrach (51%) and Cepsa (11.25%) today announce that the Algerian National Oil and Gas Development Agency (ALNAFT) has approved the development plan for the Timimoun natural gas project, ...


Gorgon Project MEG contract awarded to Aker Solutions

Thursday, October 1st, 2009

Aker Solutions' contract with Chevron Australia Pty Ltd has been extended to include the delivery of a monoethylene glycol (MEG) system to the Gorgon project located on the Australian North ...


Royal Dutch Shell takes Final Investment Decision on Gorgon LNG project, Australia

Monday, September 14th, 2009

The Board of Royal Dutch Shell plc (Shell) has taken the Final Investment Decision on the Gorgon liquefied natural gas (LNG) project, signalling the start of initial construction on one ...


Eni starts production at the Tombua-Landana project in the offshore of Angola

Wednesday, September 9th, 2009

The 46-well project comprises a 474 meter (1,554 feet) compliant piled tower, one of the world's tallest man-made structures, and one sub-sea center to access the Tombua and Landana fields. Eni ...


Chevron Moves Wheatstone Project in Australia Closer to Commercialization

Thursday, July 30th, 2009

Major Front-End Engineering and Design Contract Awarded for Two-Train Liquefied Natural Gas Facility SAN RAMON, Calif.--(BUSINESS WIRE)--Jul. 30, 2009-- Chevron Corporation (NYSE:CVX) today announced the award of a major front-end engineering ...


First Cargo From Indonesia’s Tangguh LNG Project

Monday, July 6th, 2009

BP, as operator on behalf of the Tangguh project partners, announced that the first cargo of liquefied natural gas (LNG) has today been lifted from the Tangguh LNG project in ...


Oil News from around the web, US crude climbed $1.57 to $61.67 a barrel ; Ghana signs two agreements with China; Mills calls for commitment to West African Gas Pipeline project

Wednesday, May 20th, 2009

)))))))))Benchmark crude for July delivery climbed $1.57 to $61.67 a barrel on the New York Mercantile Exchange. In London, Brent prices rose $1.06 to $59.98 a barrel on the ICE ...


Gazprom and Srbijagas sign Basic Cooperation Agreement in the framework of South Stream project implementation

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 ...


TGS Begins 2D Regional Multi-Client Project Offshore Benin

Sunday, April 19th, 2009

TGS-NOPEC Geophysical Company (TGS) has commenced acquisition on a new 3,500-kilometer multi-client 2D seismic survey in offshore Benin. The Benin 2D program is an extension of the 10,000 kilometers of TGS ...


GNPC GAS COMMERCIALISATION PROJECT

Thursday, April 16th, 2009

– REQUEST FOR PROPOSALS –  In June and September 2007, the Ghana National Petroleum Corporation (GNPC) announced discoveries of significant quantities of oil and gas in offshore deepwater Tano/Cape Three Points. ...


Oando Commences Work on 210,000 MT Lekki Terminal Project

Monday, April 13th, 2009

As part of its strategy to ensure optimal value extraction across its diversified investments along the energy value chain, Oando PLC, Nigeria's leading integrated energy solutions provider, has flagged off ...


Oando gets Akwa Ibom Right of Way for South East gas pipeline project

Tuesday, March 31st, 2009

On track for year end completion deadline As a boost to its plan of extending natural gas infrastructure beyond Lagos to other parts of Nigeria, Oando Gas and Power has secured ...


Oil Newsbite, 03/17, 42.96 dollars a barrel, Royal Dutch Shell is to scrap its share buyback programme

Tuesday, March 17th, 2009

Saudi Arabia, said it wanted 60 -75 dollars for a barrel of crude. Brent North Sea crude for delivery in April shed 1.97 dollars to 42.96 dollars a barrel in London ...


Schlumberger Announces First-Quarter 2009 Results Conference Call

Tuesday, March 3rd, 2009

Schlumberger Limited (NYSE:SLB) will hold a conference call on April 24, 2009 to discuss the results for the first quarter ending on March 31, 2009. The conference call is scheduled at ...


ONGC Board approves MHN Redevelopment project, Additional oil & gas of 20.34 MMT

Tuesday, February 3rd, 2009

Oil and Natural Gas Corporation Ltd. (ONGC) Board, in its 187th meeting on 28th January 2009, has approved the second phase of Mumbai High North (MHN) Redevelopment project, which will ...


NATCO Desalting Technology Selected for Large Brazilian Refinery Project

Monday, January 19th, 2009

HOUSTON--(BUSINESS WIRE)--Jan. 16, 2009--NATCO Group Inc. (NYSE:NTG) today announced that it will provide equipment and technology to the Brazilian-based oil company Petrobras for the large grassroots Refinaria do Nordeste (RNEST) ...


Afren plc updates on operational activities

Wednesday, December 17th, 2008

Nigeria- Okoro Setu Project Production operations on the Okoro Setu Project are continuing to run efficiently. The wells are producing in line with expectations and fine tuning of the production process ...


Nigeria: Launch of OML 58 Upgrade Project

Thursday, October 30th, 2008

 Total announces that its subsidiary Total E&P Nigeria Limited (TEPNG), operator of the NNPC/TEPNG joint venture with a 40% interest, has launched the OML 58 upgrade project. Nigerian National Petroleum ...


Total Continues to Actively Promote DME (Dimethyl ether) by Taking Part in a European Union Biomass-Based Project

Wednesday, September 10th, 2008

 This month, as a member of a Volvo-led consortium, Total is taking part in the kick-off of the European Union’s BioDME project in Stockholm and Piteå, Sweden, to demonstrate the ...


Chevron Announces Agreements to Develop the Hebron Heavy Oil Project Offshore Newfoundland and Labrador, Canada

Wednesday, August 20th, 2008

SAN RAMON, Calif., August 20, 2008 - Chevron Corporation (NYSE: CVX) today announced that its wholly owned subsidiary, Chevron Canada Limited, and its co-venturers have finalized legal agreements with the ...


Royal Dutch Shell Awards Intellecor International Recruitment Contract

Wednesday, August 20th, 2008

Intellecor and Royal Dutch Shell Partner to Support Canadian Oil Sands Project COLUMBUS, Ohio--(BUSINESS WIRE)--Intellecor, a global human capital management firm that has helped organizations in more than 32 countries to ...


Petrofac Secures Further Gas Plant Project in Egypt

Tuesday, August 5th, 2008

Petrofac, the international oil & gas facilities service provider, has secured a further award from Khalda Petroleum Company (KPC). The contract, to provide engineering and procurement (EP) services for an ...


CB&I Awarded Contract for Oil Sands Storage Terminal Project

Tuesday, July 29th, 2008

THE WOODLANDS, Texas--(BUSINESS WIRE)--CB&I (NYSE:CBI), through its Horton CBI business unit, has been awarded an additional US$400 million by Suncor Energy Services Inc. under an existing contract to design and ...


GE Energy Supplying 32 Jenbacher Gas Engines to Provide Power for India’s First Heated Crude Oil Pipeline Project

Thursday, June 26th, 2008

Project Represents GE’s Largest Jenbacher Engine Order in India as Country Expands its Energy Generation, Delivery Infrastructure JENBACH, Austria--(BUSINESS WIRE)--GE Energy is supplying Cairn India with 32 of its J420 GS ...


Rapid subsea project for Aker Solutions in Nigeria

Friday, June 13th, 2008

Aker Solutions has been awarded a contract worth approximately USD 65 million for the delivery of a complete subsea production system to Eni's Oyo field development offshore Nigeria. The fast-track ...


oil production from the Saqqara field has started

Thursday, May 22nd, 2008

BP Egypt, on behalf of its joint venture partners in the Gulf of Suez Petroleum Company (GUPCO), announced today that oil production from the Saqqara field has started The Saqqara ...


Saudi Aramco and ConocoPhillips Confirm Yanbu Export Refinery Project

Saturday, May 17th, 2008

DHAHRAN, SAUDI ARABIA, May 16, 2008 --- The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips [NYSE: COP] today announced they have approved continued funding for the development of the ...


VetcoGray Wins Major Subsea Contract for Gorgon Upstream Project Off Coast of Australia

Thursday, May 15th, 2008

Frame Agreement Includes Supply of Equipment and Services for 5 Years FLORENCE, Italy--(BUSINESS WIRE)--VetcoGray, a GE Oil & Gas business, has received an award for a frame agreement covering a period ...


Saudi Aramco and Total confirm Jubail Refinery Project

Wednesday, May 14th, 2008

The Saudi Arabian Oil Company (Saudi Aramco) and Total have both confirmed their decision to invest in a 400,000 barrel per day world-class, full-conversion refinery in Jubail, Saudi Arabia. The refinery ...


Royal Energy Resources, Inc. Spuds First Well in Two-Well Project

Monday, May 5th, 2008

BROOKLYN, N.Y.--(BUSINESS WIRE)--Royal Energy Resources, Inc. (OTCBB:ROYE) announced today that it has begun drilling on the first of a two-well project in Northern Oklahoma. The drilling is being done as ...