Refiners Seen Too Weak To Drive Up Oil Price In Coming Months Πεμ, 14 Απριλίου 2011 - 17:39 The usual seasonal pickup in oil demand as refiners ramp up for the summer driving season may be too small this year to overcome doubts about weakening of oil demand growth that have dragged prices lower this week, according to industry experts.
Halliburton is Awarded an Integrated Well Services Contract with Statoil in Norway Πεμ, 14 Απριλίου 2011 - 17:39 Halliburton (NYSE: HAL) has been awarded a contract by Statoil to provide integrated drilling and well services offshore Norway with options up to eight years in duration with extended scope and activity.
Kuwait Resumes Oil Exports As Sandstorm Subsides Πεμ, 14 Απριλίου 2011 - 17:38 State-owned Kuwait Petroleum Corp., or KPC, Thursday resumed oil exports after they were halted due to bad weather conditions a day earlier, state-run Kuwait News Agency, or Kuna, reports citing an official.
Chevron Plans Investment In Kazakh Wind Power Πεμ, 14 Απριλίου 2011 - 17:38 U.S. oil major Chevron Corp. (CVX) plans to develop a wind power project in Kazakhstan, the web site of the Kazakh president said Thursday, quoting Chevron Chief Executive John Watson during his visit to the Central Asian country.
Libyans Must Be Given Means To Defend Themselves - Qatar Τετ, 13 Απριλίου 2011 - 18:11 Qatar's crown prince said the Libyan people must be given the means to defend themselves, at the start of a meeting of top-level diplomats and international organizations in Doha Wednesday.
Enough Gas To Fill Nabucco, No Downsizing Pipeline -RWE Τετ, 13 Απριλίου 2011 - 18:11 There's more than enough natural gas to fill the Nabucco pipeline that is expected to transport gas from the Caspian and Middle Eastern regions to Austria through Turkey, and the consortium isn't considering downsizing the project, one of the venture's partners said.
Areva, Bulgaria's BEH To Cooperate On Nuclear, Renewables Τετ, 13 Απριλίου 2011 - 18:10 French state-controlled engineering firm Areva SA (CEI.FR) Wednesday said it signed a memorandum of understand with the Bulgarian Energy Holding Company to develop clean energy projects in Bulgaria based on the group's low-carbon technologies.
BHP Billiton Bought Billions Of Australian Dollars Τετ, 13 Απριλίου 2011 - 18:10 Anglo-Australian mining company BHP Billiton Ltd. (BHP, BHP.AU) purchased billions of Australian dollars as recently as several weeks ago, according to a person close to the trade. Now the question is: why?
Egypt To Revise All Foreign Gas Deals, Including Israel's Τετ, 13 Απριλίου 2011 - 18:09 Egypt's prime minister has asked for the revision off all contracts to supply gas abroad, including to Israel, the official news agency MENA reported Wednesday.
BP Breaks Off Talks With Russian Partners AAR Τετ, 13 Απριλίου 2011 - 18:09 BP PLC (BP) Wednesday broke off talks with its Russian billionaire partners in TNK-BP, on the eve of a deadline to complete a $16 billion share swap with Rosneft (ROSN.RS), the Financial Times reports on its website.
EU Ready To Lift Ivory Coast Sanctions: Diplomat Τρι, 12 Απριλίου 2011 - 17:17 The European Union will work with Ivory Coast's government to remove all sanctions that were imposed to pressure Laurent Gbagbo to step down, a senior EU diplomat said Tuesday.
TNK-BP Plans To Seek $5B-$10B In Damages From BP Τρι, 12 Απριλίου 2011 - 17:16 BP PLC's (BP) Russian joint venture TNK-BP Ltd. is planning to seek damages of up to $10 billion from the U.K. oil major, which TNK-BP accuses of breaching a shareholder agreement, people familiar with the situation said Tuesday.
Tokyo Electric Power: No Plans To Delist From Tokyo Stock Exchange Τρι, 12 Απριλίου 2011 - 17:16 Tokyo Electric Power Co. (9501.TO) Vice President Sakae Muto said at a press conference Tuesday that there are no plans to delist the company's shares from the Tokyo Stock Exchange.
IEA: Oil Market Set To Keep Tightening This Year Τρι, 12 Απριλίου 2011 - 17:16 The oil market looks set to tighten further this year, with oil inventories shrinking as supply disruptions and political tensions in the Middle East and North Africa persist for months, the International Energy Agency said Tuesday.
Saudis Cut Oil Output By 500,000 B/D After Weak Demand Τρι, 12 Απριλίου 2011 - 17:15 Saudi Arabia has cut oil production by 500,000 barrels a day, reversing a previous boost decided in response to the Libyan crisis, people familiar with the matter said Tuesday, after meeting tepid demand for the extra barrels.
French Energy Min's Visit To Shale Gas Operations In Question Δευ, 11 Απριλίου 2011 - 16:11 French Energy Minister Eric Besson Monday said his planned visit to shale gas extraction operations in the U.S. or Sweden was called into question after the government said shale gas exploration and extraction in France could simply be forbidden by law.