Tuesday, February 9th, 2010
BJ Services Company (BJS-NYSE, CBOE, PCX) today reported that revenue in the first quarter of fiscal 2010, which ended December 31, 2009, was $931.5 million, representing a 6% increase from ...
Saturday, January 30th, 2010
Joint development of Junin 5 which has 35 billion barrels of certified oil in place. First oil expected in 2013.
PDVSA and Eni to jointly develop hydrogenation technology to maximise ...
Tuesday, November 3rd, 2009
Although investor-owned oil companies are often thought of as those most responsible for world oil production, government-controlled companies actually control the majority of both current production (more than 52% in ...
Tuesday, October 6th, 2009
US crude for November rose 55¢ to $70.96 a barrel by 07.46 GMT, after gaining 46¢ to settle at $70.41 on Monday. London Brent was up 55¢ to $68.59, reports ...
Thursday, September 10th, 2009
US light sweet crude rose $0.85 to $72.16 in Asian trading
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World oil demand is expected to grow by 900,000 barrels to 84.6million barrels per day (mbd) in 2010, and return ...
Tuesday, July 21st, 2009
BJ Services Company (NYSE: BJS; CBOE; PCX) today reported a net loss of $32.3 million, or $(0.11) per diluted share, for the third quarter of fiscal 2009, which ended June ...
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 ...
Friday, June 12th, 2009
The IEA raised its global estimate for daily oil demand by 120,000 barrels to 83.3 million barrels in its monthly. The increase was driven by the US and China. Consumption ...
Tuesday, May 12th, 2009
)))))))))US crude rose 65 cents to $59.15 a barrel. It earlier touched a new six-month high of $59.49 a barrel.
London Brent crude rose $0.37 to $57.85.
)))))))))))PetroChina views current low oil ...
Wednesday, May 6th, 2009
At the end of the period for qualify to the 2009 Uruguay Round bidding process for oil and gas E&P offshore blocks, the interested companies are the following: BHP Billiton ...
Thursday, April 23rd, 2009
))))) Oil prices lingered below $49 a barrel Thursday in Asia as rising U.S. crude inventories and a stark demand forecast by the IMF doused investor optimism for a near-term ...
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 ...
Wednesday, April 8th, 2009
))))U.S. President Barack Obama arrived in the Turkish capital Sunday, marking his first official visit to a Muslim nation since taking office in January.
U.S. support for Turkish accession to the ...
Thursday, March 12th, 2009
Venezuela will propose a new oil output cut at the upcoming OPEC's meeting in Vienna, an official source said Wednesday.
President of the Permanent Energy Commission of the Venezuelan National Assembly, ...
Wednesday, March 11th, 2009
OPEC Oil Export Revenues
Based on projections from the EIA March 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $383 billion of net ...
Friday, February 13th, 2009
Country Nominal ($B) Real (2000$B)
2008 2009 2010 Jan 2009 2008 2009 2010 Jan 2009
Algeria $70 NA NA $3 $57 NA NA $2
Angola $68 NA NA $3 $55 NA NA ...
Friday, February 6th, 2009
Led by Stanislav Tsygankov, Head of the Company’s International Business Department, a Gazprom delegation paid a working visit to the Republic of Venezuela.
As part of the visit the delegation attended ...
Monday, January 5th, 2009
Saboteurs blow up Agip oil pipeline in Delta State
Saboteurs blew up an oil pipeline operated by Italy's Agip in Nigeria's southern Niger Delta late on Friday, the military said on ...
Wednesday, December 17th, 2008
Ex-OPEC Chief Named Nigerian Oil Minister
Nigeria's President Umaru Yar'Adua has named Rilwanu Lukman as new minister in charge of the country's troubled oil sector.
Lukman, former secretary general of Opec, will ...
Wednesday, December 3rd, 2008
Nigeria's draft 2009 budget includes $5 billion in funding for joint venture projects with foreign oil companies, President Umaru Yar'Adua told parliament on Tuesday. Funding shortfalls at state-run oil company ...
Friday, November 21st, 2008
US light sweet crude fell to $49.62, while London-traded Brent crude fell to $48.90 a barrel. The price of oil is around two-thirds cheaper than in July, when it hit ...
Tuesday, November 11th, 2008
Within the visit of Igor Sechin, Deputy Chairman of the Russian Federation Government to Venezuela, a Gazprom delegation, led by Alexander Medvedev, Deputy Chairman of the Company Management Committee took ...
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 ...
Tuesday, September 23rd, 2008
A delegation of OAO Gazprom led by Deputy Chairman of the Board of Directors Alexander Medvedev recently visited Venezuela.
During the visit, Mr. Medvedev met with Venezuela’s Energy and Oil Minister ...
Monday, September 22nd, 2008
The two areas, Blanquilla Est and Tortuga, are located in the Caribbean Sea off the coast of northern Venezuela, approximately 130 kilometers north of Puerto La Cruz. The development of ...
Wednesday, September 17th, 2008
CARACAS, Venezuela--(BUSINESS WIRE)--Petróleos de Venezuela, S.A. (“PDVSA”) announced the successful completion of its previously announced tender offer for any and all of the outstanding 7.63% Series A Bonds due 2009 ...
Thursday, September 4th, 2008
Cape Town (03.09.08) - On the 2nd September 2008, the South African Government and the Government of Venezuela executed a number of official trade agreements as part of the bi-lateral ...
Wednesday, March 5th, 2008
March 5, 2008, Caracas, Venezuela – PetroFalcon Corporation (“PetroFalcon”) (TSX:PFC), a publicly-traded natural resource company with oil and gas operations in
Venezuela, released an update for its 5%-owned joint venture, Baripetrol, ...
Monday, March 3rd, 2008
The Orinoco belt is the world's largest deposit of heavy oil with original oil in place equal to 1,300 billion barrels (current oil production is approximately 600,000 barrels per day).
Eni ...
Wednesday, February 27th, 2008
HOUSTON--(BUSINESS WIRE)--COADE announced today that the next stops on the COADE Discovery Tour will be April 1st in Bogota, Colombia, and April 3rd in Caracas, Venezuela, coordinated in conjunction with ...
Friday, February 8th, 2008
Feb. 08, 08
After issuing a decree in November 2007 creating the Mixed Company PetroCedeño, the Venezuelan authorities issued on January 10, 2008 a decree transferring Sincor’s extra-heavy oil development operations ...
Tuesday, February 5th, 2008
Feb. 04, 08
Total announces the signature of two joint study agreements with PDVSA concerning the Junin 10 block in the Orinoco Belt in Venezuela.
Signed by Christophe de Margerie, Chief Executive ...
Monday, February 4th, 2008
Feb. 04, 08
Total announces the signature of two joint study agreements with PDVSA concerning the Junin 10 block in the Orinoco Belt in Venezuela.
Signed by Christophe de Margerie, Chief Executive ...
