Oil News from around the web,US crude for August delivery fell $1.58 to $65.15 a barrel by 0018 GMT. London Brent crude fell 74 cents to $64.87

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 ...


ExxonMobil Pipeline Company Expands Capacity on Its Pegasus Pipeline to Gulf Coast Region

Wednesday, June 17th, 2009

HOUSTON--(BUSINESS WIRE)--Mobil Pipe Line Company, an affiliate of ExxonMobil Pipeline Company, has completed a project that will increase capacity by 50 percent, or about 30,000 barrels per day, of its ...


Oil News from around the web, US light sweet crude hit $70.32 per barrel $69.21 before sliding to $68.75. London Brent was at $68.60 a barrel

Tuesday, June 9th, 2009

)))The Petroleo Brasileiro consortium, in which Petrobas holds a 65% operating stake, has confirmed the potential for 5-8 billion barrels of recoverable light oil and natural gas in the pre-salt ...


Addax Petroleum And Genel Energy Commence International Export From Kurdistan Region of Iraq

Tuesday, June 2nd, 2009

Crude oil from Taq Taq license area exported to international markets Calgary, Alberta, June 1st, 2009 – Addax Petroleum Corporation (“Addax Petroleum” or the “Corporation”) (TSX: AXC and LSE: AXC) today ...


Energy’s Future in Latin America: New Study by Bracewell & Giuliani and Business News Americas Forecasts Region’s Prospects and Challenges

Tuesday, October 7th, 2008

WASHINGTON--(BUSINESS WIRE)--Peak oil in Latin America is less than 10 years away; energy integration, nuclear power plants, and large-scale renewable power generation are necessities to ensure sufficient energy supplies in ...