Friday, February 26th, 2010
Russia's Energy Ministry will submit a program for comprehensive development of deposits of the Yamalo-Nenets Autonomous District and the north of Krasnoyarsk Territory until 2020 to the government for consideration ...
Friday, January 22nd, 2010
Lundin Petroleum AB ("Lundin Petroleum") is pleased to announce that Daniil Schedrov has been appointed as General Director of Petroresurs LLC. Petroresurs LLC operates the Lagansky exploration block in the ...
Tuesday, November 24th, 2009
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Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, announces ...
Wednesday, October 21st, 2009
At the same time, representatives of Eni, Calik Holding, JSC Transneft and Rosneft, the energy companies involved.
The Vice Prime Minister of the Russian Federation, Igor Ivanovich Sechin, the Russian Minister ...
Wednesday, October 7th, 2009
In 1911, the power of Standard Oil was such that the American congress voted the famous antitrust law aimed at breaking it up into three “bits”: Standard Oil of New ...
Monday, September 14th, 2009
Crude oil futures fell as the US dollar strengthened slightly while worries over high oil product stocks and technical resistance weighed on the market, according to Dow Jones.
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"Regarding new business ...
Monday, September 7th, 2009
Opec is expected to keep production quotas at existing levels at its meeting in Vienna on Wednesday, Iranian Opec representatives have indicated.
Apart from Saudi Arabia, Iraq, Qatar, Libya, Iran and ...
Friday, August 28th, 2009
THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Heritage Oil Plc, ("Heritage" or the "Company"), (TSX:HOC)(LSE:HOIL), an independent upstream exploration ...
Tuesday, August 18th, 2009
The price of oil fell to its lowest in more than two weeks because of decreased demand and growing stockpiles in the US to ensure sufficient supplies during the North ...
Tuesday, July 21st, 2009
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its independent reserves auditor Gaffney, Cline and Associates (GCA) has assigned 95 million barrels of oil equivalent (MMboe) of gross ...
Monday, July 13th, 2009
TNK-BP closed the necessary transactions to take near-complete control over the shares in the Lisichansk refinery, a top producing refinery in Ukraine.
The refinery, located near the eastern border in Ukraine, ...
Monday, June 1st, 2009
)))New York's main futures contract, light sweet crude for July delivery, struck 68.29 dollars. Brent North Sea crude for delivery in July bounced as high as 67.69 dollars a barrel
)))) ...
Tuesday, May 12th, 2009
Major trading centers of crude oil
The major trading centers of crude oil in the world are
New York Mercantile Exchange (NYMEX), CME
International Petroleum Exchange of London (IPE)
Tokyo Commodity Exchange (TOCOM)
Types of ...
Monday, April 27th, 2009
))))) The Organisation of Petroleum Exporting Countries (OPEC) has warned that the current crude oil price, which hovers around $50 per barrel is too low for continued investment.
The 12 member ...
Tuesday, April 21st, 2009
))))) Price of crude oil fell more than six per cent, to around $47 a barrel yesterday, due to a rising value of the United States dollar and “growing caution ...
Tuesday, April 7th, 2009
Today in Moscow, in the presence of the Prime Minister of Russian Federation, Vladimir Putin, Eni and Gazprom signed significant agreements representing a further step in fostering strategic cooperation between ...
Wednesday, April 1st, 2009
)))))))))OPEC's decision to curb crude oil production by more than 4 million barrels per day was the right move to control prices and supplies, a Saudi official said.
Ibrahim al-Muhanna, adviser ...
Tuesday, March 31st, 2009
The Gazprom Headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan (SOCAR).
The parties ...
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 ...
Thursday, March 26th, 2009
Extension to Provide Multiple Services for Salym Petroleum in Russia
HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) has been awarded a major contract extension by Salym Petroleum Development N.V. (SPD) for exploration and production ...
Thursday, March 19th, 2009
World oil prices retreated in Asian trade Wednesday after topping a two-month high above 49 US dollars overnight on concerns over weak global energy demand amid the economic
downturn, analysts said. ...
Wednesday, February 25th, 2009
- NNPC Seeks $1.7bn Loan
Nigeria’s quest for increased gas output to power electricity got a boost yesterday with the signing of a $1.69 billion loan agreement between the Nigerian National ...
Thursday, February 19th, 2009
The board of BP p.l.c. today announced that it has appointed Robert Dudley as a director with effect from April 6, 2009. As a managing director of the BP Group ...
Wednesday, February 18th, 2009
Russian President Medvedev inaugurates the first LNG plant in Russia.
Yuzhno-Sakhalinsk, 18 February 2009: President Dmitry Medvedev today opened Russia's first liquefied natural gas (LNG) plant built by Sakhalin Energy Investment ...
Thursday, January 15th, 2009
LUKOIL BOARD OF DIRECTORS SUMMARIZES PRELIMINARY RESULTS OF COMPANY OPERATION IN 2008 AND SETS OBJECTIVES FOR 2009. LUKOIL GROUP BECOMES RUSSIA’S BIGGEST TAXPAYER
A meeting of the OAO LUKOIL Board of ...
Monday, December 15th, 2008
Today Sakhalin Energy marked the commencement of year-round oil export from its new Oil Export Terminal. The terminal is located in Aniva Bay in the south of Sakhalin and forms ...
Sunday, November 2nd, 2008
Lundin Petroleum AB ("Lundin Petroleum") announces that its Laganskaya-1 exploration well in the Lagansky block, situated in the northern Caspian Sea has encountered oil shows in the Neocomian sandstone reservoir. ...
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
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
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CALGARY, Oct. 30 /CNW/ - Heritage Oil Limited (LSE: HOIL), an ...
Friday, October 24th, 2008
HE Dmitry Medvedev, President of the Russian Federation and HE Abdalla Salem El Badri, Secretary General of the Organisation of Petroleum Exporting Countries (OPEC) met on 22nd October, 2008, in ...
Friday, October 17th, 2008
YOKOHAMA, Japan--(BUSINESS WIRE)--Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004) announced the award of an EPC Competition Contract for participation in an EPC design competition of the LNG Plant and associated facilities for an ExxonMobil-operated ...
Thursday, September 18th, 2008
NIGERIA may soon become a battle field for the European Union (EU) and Russia. The bone of contention is the country’s huge gas resources.
Nigeria, with its 185 trillion cubic feet ...
Wednesday, September 17th, 2008
Recognition Underscores Firm-Wide Commitment to Global Energy Market
MOSCOW--(BUSINESS WIRE)--BearingPoint, Inc. (NYSE: BE), one of the world’s largest management and technology consulting firms and an SAP® global services partner, today announced ...
Friday, August 29th, 2008
HOUSTON, TX and MOSCOW, RUSSIA, Aug. 28, 2008--OAO LUKOIL President Vagit Alekperov and ConocoPhillips Chairman and CEO Jim Mulva today participated in a special ceremony on the occasion of the ...