Monday, Feb 08th

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Shell shift away from oil sands

Shell shift away from oil sands

Edmonton. Royal Dutch Shell's apparent change of investment emphasis away from the oil sands could put future C...

Anadarko's Lucius Shines as Major GOM Find

Anadarko's Lucius Shines as Major GOM Find

Texas. Drilled by the ENSCO 8500 semisub, the Lucius sidetrack appraisal well, located in Keathley Canyon block...

Chesapeake, Total Cement USD2.25B Shale Deal

Chesapeake, Total Cement USD2.25B Shale Deal

Oklahoma. Chesapeake closed its $2.25 billion Barnett Shale joint venture transaction with Total E&P USA, I...

UK: Rheochem announces licence extension to North Sea Block 14/11

United Kingdom - Rheochem, the oil and gas business with oil services, production, development and ex...

Total signs long term contract to import gas for UK via South Hook Terminal

Total signs long term contract to import gas for UK via South Hook Terminal

United Kingdom - South Hook Gas Company Ltd has signed a 25-year contract with Total Gas & Power ...

GE Oil and Gas Wins USD102m Contract From SPP

New York. GE Oil & Gas has won a $102m contract from Slovensky Plynarensky Priemysel (SPP), a Slo...

Shell Seeks Cost Reduction of USD1B in 2010

The Hague. Royal Dutch Shell Chief Executive Officer Peter Voser commented on Shell's Fourth Quarter ...

Two blasts hit Croatian oil refinery

Zagreb. Croatia -- Two explosions hit an oil refinery in the central town of Sisak late on Saturday (...

Mediterranean Oil gets Guendalina production concession

Italy - Mediterranean Oil & Gas (MOG) announced today that the Italian Ministry of Economic Devel...

US soldiers struggle to help Haiti rebuild

Port-au-Prince. A paratrooper unit called the Green Falcons arrived at a basketball court atop a hill...

Cuba's oil, gas output unchanged in 2009

Cuba - Cuba produced some four million tons of oil equivalent in 2009, roughly the same amount as the...

PetroLatina Hits Paydirt at Midas Block in Colombia

California. PetroLatina has announced a new exploration discovery. The Zoe-1 exploration well has now...

Shell plans USD21bn biofuel venture

Sao Paulo. Royal Dutch Shell plans to make the biggest-ever foray into biofuels by an oil major, stri...

Mid-east markets as fall as global stocks, oil weigh

Dubai. (Reuters) - Most Middle East markets fell on Sunday, tracking end-of-week declines in global s...

China may replace India in IPI gas pipeline project

Dubai. China may replace India in the proposed IPI gas pipeline project as New Delhi has been ditheri...

China's Oil Demand to Expand With Economy

Biejing. China's apparent oil demand growth may accelerate this year as the world's third-biggest eco...

Petrochina to Sell USD1.6B in Notes for Expansion

Beijing. PetroChina, China's largest oil firm by output, plans to sell notes worth of 11 billion yuan...

Foster Wheeler Wins PMC Contract For LNG Terminal In Singapore

Zug. Switzerland, Foster Wheeler, through its subsidiary, has bagged a contract to provide project ma...

Keppel, Ezra Team Up on USD1B FPSO Order in Vietnam

Report. According to a report by Reuters, Singapore firms Keppel Corp. and Ezra Holdings confirmed on...

Melrose scores Egyptian hit

London. UK based Melrose Resources said it made a new gas discovery with good reservoir properties at...

Gulfsands Receives Approval to Develop Yousefieh Oil Field

London. Gulfsands Petroleum plc, the oil and gas production, exploration and development company with...

ENI withdraws bid for Uganda oil

Roma. ENI, firm that showed interest in Uganda’s oil fields, has withdrawn its bid after Tullow exerc...

Eni Formally Drops Deal To Buy Heritage Uganda Stakes

Kampala. Eni SpA (E, ENI.MI) on Friday formally pulled out of a deal to buy Heritage Oil PLC's (HGOCF...

Shell denies Nigeria claim of pipeline attack

Lagos. Shell oil company denied Sunday a claim by Nigerian militants that they had attacked a major S...

Shell Denies Plans to Sell Major Nigerian Assets

Lagos. Royal Dutch Shell PLC has denied it plans to sell major Nigerian assets in the coming months, ...

Wall St sinks on oil's drop, recovery concerns

New York. US stocks slid on Wednesday, halting a four-day winning streak, as falling oil prices hit e...

Shell & Big Oil's Exploration Challenge

Analysis. These days, you have to corral an army of engineers in the desert to build an enormous fact...

GE Smart Grid Technologies Build Sustainable 21st Century Cities

London. Technology available today can be employed to create viable, sustainable, smart cities. That ...

Opec output poised to hit 13-month high

London. The Organization of the Petroleum Exporting Countries (Opec) oil supply rose in January to th...

Major Offshore Project Start-Ups in 2010

Analysis. As we look at the year ahead, OPEC is predicting a world crude demand of at least 85.1 MMb/...

2009 Top Oil and Gas Discoveries

2009 Top Oil and Gas Discoveries

Report. Looking back at 2009, crude oil prices rebounded nicely from the 2008 rollercoaster of record...