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Latest News |
Eni terminates Heritage deal after Tullow pre-emption right Feb 8, 2010Heritage Oil issues an update on the proposed disposal of the Company’s entire interest in Block 1 and Block 3A in Uganda.
Melrose reports exploration discovery in Egypt Feb 8, 2010Melrose Resources reports a new exploration discovery and commencement of seismic data acquisition in Egypt.
Egdon provides update UK onshore Kirklington-3 drilling operations Feb 8, 2010Egdon Resources provides an update on operations at the Kirklington well site in its Nottinghamshire licence PEDL203.
Zion Oil to resume operations on its Ma’anit-Rehoboth #2 well Feb 8, 2010Zion Oil & Gas is mobilizing its drilling rig, currently situated at the Elijah #3 well, to resume production testing operations on the Ma’anit-Rehoboth #2 well
EPL increases full year 2010 production guidance Feb 8, 2010Energy Partners expects to exceed fourth quarter 2009 production guidance and has increased its full year 2010 production guidance.
Cadogan reports Smith Eurasia settlement agreement Feb 8, 2010Cadogan Petroleum has reached an agreement with one of the Defendants in the litigation being pursued by the Company, Smith Eurasia Limited, and various
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Spot News |
Oil Prices Fall Sharply as General Market Sells OffAfter starting the week on a firmer note, oil prices fell sharply toward the end of the week in a general market sell-off as investors sought the dollar as a safe haven amid worries about European Union economies.
Despite strong GDP Growth Energy Prices Sink LowerCrude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a temporary boost from strong GDP figures failed to last and let prices sink to a one-month low.Earlier in the week, China, weak refinery demand and...
Gazprom: Angel or Demon?Gazprom faces regular opprobrium for its bullying ways of using energy as a pressure and political tool. Seen by some, mostly Russians, as the symbol of a successful and strong Russia, others see it as a....
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Epsilon appoints new CEO, sells Yemen subsidiaryFeb 8, 2010The Board of Directors of Epsilon has approved a new employment agreement with Mr. Zoran Arandjelovic, Executive Chairman of Epsilon.
BGP acquires 2 seismic contract in CameroonFeb 8, 2010BGP has been awarded two new seismic contracts in Cameroon.
EOC forms jv to execute $1bn Chim Sao project in VietnamFeb 8, 2010EOC Limited (EOC or the Group), an Asian-based provider of offshore oil and gas support services, has inked a joint venture (JV) agreement with three partners
NOVATEK and Total close transaction for establishment of JVFeb 8, 2010NOVATEK and Total Termokarstovoye B.V., an affiliate of Total SA (Total) have closed the transaction for the establishment of a joint venture for exploration
Knowledge Reservoir realigns and strengthens service offeringsFeb 8, 2010Knowledge Reservoir reports a realignment and strengthening of its business structure and service offering to enable the company to more aggressively pursue
North Energy reports successful initial public offeringFeb 8, 2010North Energy ASA, reports the successful completion of its Initial Public Offering.
BJ Services introduces GEMINI Combo toolFeb 8, 2010BJ Services reported the introduction of the GEMINI™ system, a new range of combo tools that provide caliper, metal loss and mapping information in a single tool.
NOK 23 million offshore delivery for ODIMFeb 8, 2010A contract worth NOK 23 million has been awarded to ODIM by ”K” Line Offshore AS.
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OEG Offshore sets new standards for Dnv rental cabinsFeb 8, 2010Aberdeen-based OEG Offshore, which specialises in the design and build of cabins and cargo carrying units for the offshore oil and gas market, has designed
Oilex provides update on West Kampar disputeFeb 8, 2010Oilex (West Kampar) Limited (OWK), a wholly owned subsidiary of Oilex Ltd, incorporated in Cyprus and a party to the West Kampar Production Sharing
Baker Hughes reports January 2010 Rig Counts (PDF files)Feb 8, 2010Baker Hughes Incorporated says that the international rig count for January 2010 was 1,047, up 23 from the 1,024 counted in December 2009, and up 3 from the 1,044 counted in January 2009.
NORECO provides January 2010 production updateFeb 8, 2010Noreco's oil and gas production in January 2010 was 7,050 barrels of oil equivalents (boe) per day.
Jurong Shipyard to build a new shipyard in BrazilFeb 8, 2010Sembcorp Marine's wholly-owned subsidiary Jurong Shipyard (JSPL) will be building a new shipyard in Brazil to cater directly to one of the fastest growing
Penn Virginia reports records for proved reserves and annual productionFeb 8, 2010Penn Virginia Corporation has declared record levels of proved oil and gas reserves and production and provided an update of its oil and gas operations, including
ffA releases latest 3D seismic analysis softwareFeb 8, 2010ffA ('Foster Findlay Associates Ltd'), a world leading provider of 3D seismic analysis software and services to the oil and gas industry, has released the latest
BlackPearl updates on year-end oil and gas reservesFeb 8, 2010BlackPearl Resources has provided the results of its 2009 year-end oil and gas reserves evaluation and to provide an update of the Company's current oil and
Empyrean commences Quinn 3H well cleanout operationsFeb 5, 2010Empyrean Energy has been advised by Krescent Energy, the operator of the Riverbend Project in Texas, that cleanout operations at the Quinn 3H well have commenced.
Ithaca Energy reports Bravo workover successFeb 5, 2010Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited, say that production potential from the Beatrice Bravo facility has increased
Eni presents gas pipelines proposal to European CommissionFeb 5, 2010Eni has formally presented to the Directorate General for Competition of the European Commission a set of structural remedies related to some international
Occidental replaces 206% of 2009 productionFeb 5, 2010Occidental says that at year-end 2009, the company's preliminary worldwide proved reserves totaled 3.23 billion barrels of oil equivalent (BOE) compared to
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