18/05/2013
The Ministry of Energy and Petroleum has project that more than $20 billion will be injected into the
18/05/2013
Vedanta group firm Cairn India will invest $3 billion (over 16,000 crore) in the next three years to expand its oil
18/05/2013
France’s Total is looking to re-develop the offshore Al Khalij oil field in Qatar in a bid to stabilise and boost its
18/05/2013
Iran has officially nominated the former Oil Minister Gholam-Reza Nozari for the post of the secretary-general of
18/05/2013
Argentina has the world’s second largest reservoir of unconventional oil after the United States, concentrated
18/05/2013
The United States says that the Iranian economy is in a downward spiral, with no prospect for near-term
17/05/2013
The Working Unit of Upstream Oil and Gas Regulator (SKK Migas) predicts the country's oil production will increase significantly next
17/05/2013
Angola provided the market with 1.729 million barrels of oil per day in 2012, which represented a 1.93 percent share of world demand, said
17/05/2013
Residual-fuel inventories in Singapore, Asia’s largest oil-trading and storage center, rose for a third week to the highest level in more than five
17/05/2013
Azerbaijan is considering to build a $4.8bn oil refinery in the city of Batam, Indonesia, through its state-owned oil and gas company State Oil Company of Azerbaijan Republic
17/05/2013
The price of oil fell to near $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.
Benchmark oil for June delivery was down
17/05/2013
Bank of England Governor Sir Mervyn King has highlighted the likelihood of a boost to North Sea oil output over the next two years, but warned again that the UK will not enjoy a
17/05/2013
The European Union could contain energy costs by calling for action from the Organization of Petroleum Exporting Countries, former U.S.
17/05/2013
A European Commission antitrust probe, which carried out raids this week in three European countries as part of an investigation into possible
17/05/2013
U.S. commercial crude oil stocks fell a surprising 624,000 barrels to 394.89 million barrels during the
17/05/2013
Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total will
17/05/2013
Traders are standing by Platts, the company that provides benchmark prices for much of the world’s energy
17/05/2013
The Resources Governance Index of the Revenue Watch Institute (RWI) has ranked Nigeria weak in its oil
17/05/2013
Prices of North Sea Brent crude and U.S. WTI crude moved further apart Wednesday, as poor macroeconomic
17/05/2013
For the first time since the collapse of the USSR, Azerbaijan resumes oil imports from Russia with use of using