21/05/2013
Medium heavy sour crude oils -- Upper Zakum and Qatar Marine -- have been trading at a discount to their
21/05/2013
Kuwait Petroleum Corporation (KPC) amended its own structure and that of its subsidiaries on Monday,
21/05/2013
Enron Corp.’s 2001 collapse revealed the extent of its manipulation of spot gas prices. Twelve years later,
21/05/2013
Santos Ltd. Monday said it has started producing oil at its Fletcher Finucane project, offshore Western Australia
21/05/2013
The 21 oil and gas blocks that Indonesia offered over the weekend might attract fewer investors than past
20/05/2013
Nigeria LNG Ltd. was directed to pay outstanding levies to the country’s maritime regulator after a state arbitration panel ruled the
20/05/2013
In April oil production in Azerbaijan decreased by 2% compared to March 2013. This year crude oil production by all producers in Azerbaijan still
20/05/2013
The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal
20/05/2013
Managing Director of the National Iranian Oil Products Distribution Company (NIOPDC) says Iran plans to increase the volume of its oil products
20/05/2013
Some $16 billion will be invested in Iran’s South Pars gas field in the current Iranian calendar year, Pars Oil and Gas Company Managing Director Mohammad-Reza Zohairi said.
20/05/2013
The first commercial oil production in the history of Afghanistan is expected to be launched in northern Afghanistan within the next two
20/05/2013
The Pakistan State Oil’s (PSO) efforts to set up state-of-the-art oil refinery in Khyber Pakhtunkhwa, having capacity to process 40,000 barrel per day would go a long way
20/05/2013
It was widely speculated that oil prices in 2013 would be impacted by many of the same concerns of 2012. And oil prices are reflecting this, having dipped to below $100 a
20/05/2013
The Organization of Petroleum Exporting Countries (OPEC) meeting later this month could represent a landmark in terms of how the group will prepare to handle
20/05/2013
The U.S. oil boom is good news for Saudi Arabia, the head of the kingdom’s giant oil company told the Financial Times. It has helped ease fears about global reliance
20/05/2013
The decline in China's implied oil use in April to an 8-month low, coupled with flat crude imports, gives the impression of weak demand,
20/05/2013
The International Energy Agency said last week that a “supply shock” will essentially change the way the oil market works — and with change come
20/05/2013
Enhanced oil recovery (EOR) techniques could boost U.S. domestic oil production by 4 million barrels per day for 50 years, while storing
20/05/2013
China experienced a surplus of crude supply, excluding barrels to its refining system, in April following five
20/05/2013
Some of the world's biggest oil companies may have a new mess on their hands.