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Libya to Reassess Italy Oil Deals Amid Government Row
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Friday, May 09, 2008 - Libya is reassessing some of its oil deals with Eni as tensions mount between the two nations following the new Italian government's high-level appointment of a right-wing politician who has angered the North African country in recent years.
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Brazil President Says Brazil Wants to Join OPEC
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Friday, May 09, 2008 - Brazil wants to join the Organization of Petroleum Exporting Countries and work towards lower crude oil prices, Brazilian President Luiz Inacio Lula da Silva tells Spiegel magazine in an advance copy of this weekend's edition.
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Nymex Surges Past $125/Bbl Milestone
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Friday, May 09, 2008 - Nymex crude oil surged past the $125 a barrel milestone in London trade Friday, as crude futures extended their record-breaking run.
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FARC Dynamites Transandino Oil Pipeline
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Friday, May 09, 2008 - The FARC guerrillas dynamited five stretches of the Transandino oil pipeline running through southern Colombia, causing a fire that has not been brought under control because troops have not been able to enter the zone, authorities said Thursday.
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| Bangladesh Receives Bids for Oil Blocks [5/8/2008] |
| more Industry Headlines articles >> |
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Norway Announces APA 2008
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Friday, May 09, 2008 - The Norwegian Ministry of Petroleum and Energy is offering 18 blocks in the APA 2008. The areas consist mainly of returned blocks where petroleum activities have previously taken place.
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| BPZ Spuds Another Corvina Well [5/9/2008] |
| Meridian Sees Success from Louisiana and Texas Exploration Program [5/9/2008] |
| Morocco Reveals Strategy to Explore Oil Amid Spiking Oil Prices [5/9/2008] |
| more Exploration articles >> |
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Platt Survey: OPEC Output Down for April
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Friday, May 09, 2008 - The 13 members of the Organization of Petroleum Exporting Countries (OPEC) pumped an average 31.87 million barrels per day (b/d) of crude oil in April, a 350,000 b/d decrease from March.
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Rs 3,570 cr ONGC Plan to Pump Up Volume
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Friday, May 09, 2008 - ONGC has approved investment proposals totaling Rs 3,570 crore for revamping equipment and improving oil and gas production from its ageing fields.
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| Verenex Energy Beefs Up Libyan Operations [5/8/2008] |
| more Production articles >> |
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Canadian Natural Resources Announces 2008 Q1 Results
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Friday, May 09, 2008 - Canadian Natural's Chairman, Allan Markin stated, "It has been a good start to the year for Canadian Natural. We completed our winter drilling program in advance of spring break-up, meeting our targets."
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RXT Releases Q1 Results for 2008
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Friday, May 09, 2008 - EBITDA for the quarter was USD 4.0 million, compared to 14.4 million in Q4 2007 and minus 3.5 million in Q1 2007. Revenues were USD 31.6 million compared to 36 million in Q4 2007 and 8.4 million in Q1 2007.
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Survey Says Execs Believe Oil Will Fall Below $100
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Friday, May 09, 2008 - Oil and Gas executives say that the price-per-barrel of oil will drop significantly from the current high level by the end of the year, according to the results of a survey conducted by KPMG LLP's Global Energy Institute.
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Oceanteam Provides Interim 1Q08 Update
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Friday, May 09, 2008 - Oceanteam says with recent investments recruiting and training personnel it is well positioned for managing a steadily increasing number of commercial projects.
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| VAALCO Energy Announces First Quarter 2008 Earnings [5/9/2008] |
| GeoPark Places Shares to Raise Funds for Chilean Work [5/9/2008] |
| Dril-Quip Sees Increase in 1Q08 Income; Plans Share Repurchase [5/9/2008] |
| Rosetta Says 1Q08 a Record Quarter [5/9/2008] |
| Atwood Reports Second Quarter Earnings for FY 2008 [5/9/2008] |
| more Finance and Investing articles >> |
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Williams Inks $285M Natural Gas Deal in Piceance Basin
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Friday, May 09, 2008 - Williams has agreed to purchase SandRidge Energy's and other parties' interests in Colorado's Piceance Basin for approximately $285 million. The assets could represent more than 1.9 trillion cubic feet equivalent of probable and possible reserves.
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Boots & Coots Teams Up with HSE Integrated
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Friday, May 09, 2008 - HSE Integrated and Boots & Coots International Well Control have signed an agreement to create a jointly owned company to provide oilfield safety services in the oil and gas producing regions of the continental United States.
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ONGC Keeps Offshore Insurance at $29M
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Friday, May 09, 2008 - ONGC has successfully placed its Offshore Package Insurance Policy, one of the largest insurance policies obtained by any Indian company, at an annual gross premium of approximately US$ 29.025 million, exclusive of Service Tax.
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| Norway's PSA to Review AoC Scheme [5/9/2008] |
| Deep Down Receives Order for Custom Buoyancy Solution [5/9/2008] |
| BG Group Updates Proposal to Acquire Origin Energy Limited [5/9/2008] |
| AGR Underlines Long-Term Commitment to North Sea [5/9/2008] |
| more Company Operations articles >> |
