Total Anxious To Start On Uganda Oil Project - Executive Τετ, 2 Φεβρουαρίου 2011 - 18:01 France oil major Total SA (TOT) is "eager" and "anxious" to commence the development of Ugandan oil assets, as it seeks to expand its African operations, a company executive said Wednesday.
Novatek To Pick Yamal LNG Project Partners By Year-end - CEO Τετ, 2 Φεβρουαρίου 2011 - 18:01 Russia's biggest independent natural gas producer OAO Novatek (NVTK.RS) will choose partners for its ambitious Yamal LNG project in Russia's Arctic region by the end of the year, the company's Chief Financial Officer Mark Gyetvay said Wednesday.
ElBaradei Says Mubarak Decision To Step Down 'An Act Of Deception' Τετ, 2 Φεβρουαρίου 2011 - 18:00 Egyptian President Hosni Mubarak's announcement that he will step down after elections later this year is "an act of deception" and won't satisfy the demands of those protesting against his 29-year rule, according to opposition leader and Nobel laureate Mohamed ElBaradei.
Copper Subdued; Remains Near Record Above $4.50 Τετ, 2 Φεβρουαρίου 2011 - 18:00 Copper futures pulled back a tad as participants cashed in on the metal's record prices and Chinese traders were on holiday.
Vattenfall To Cooperate In UK-Norway Power Interconnection Τρι, 1 Φεβρουαρίου 2011 - 17:18 Vattenfall Tuesday said it has signed a cooperation agreement with four North European energy companies to plan and build an electrical interconnector between the U.K. and Norway.
Jordan Officials: Gas Imports From Egypt Unaffected By Turmoil Τρι, 1 Φεβρουαρίου 2011 - 17:17 Jordan continues to receive natural gas supplies from Egypt via the Arab Gas Pipeline despite the ongoing political turmoil in the North African state, an official at the Jordanian energy ministry said Tuesday.
BP Executive: US Refinery Sale Seen Fetching Over $3.7 Bln Τρι, 1 Φεβρουαρίου 2011 - 17:17 BP PLC (BP) expects the sale of its Texas City and Carson refineries in the U.S. to fetch in excess of $3.7 billion, the company's refining head Iain Conn said Tuesday.
BP CEO: Russian Injunction Against Rosneft Deal Likely To Succeed Τρι, 1 Φεβρουαρίου 2011 - 17:16 BP PLC's (BP) partners in its Russian joint venture TNK-BP are likely to obtain an injunction to temporarily halt talks between BP and OAO Rosneft (ROSN.RS) about an Arctic exploration deal, BP Chief Executive Bob Dudley said Tuesday.
Iraq Wants Brazil's Petrobras To Invest In Refining Τρι, 1 Φεβρουαρίου 2011 - 17:16 Iraq wants Brazilian state-run energy company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, to help the country increase its refining capacity, a key government official told local business daily Valor Economico.
Oil Traders Look To Egypt Τρι, 1 Φεβρουαρίου 2011 - 17:16 For oil traders used to basing decisions on algorithms or equities, it's time to bone up on old-fashioned supply and demand--or exit gracefully.
IEA: Middle East Unrest Key Uncertainty For Oil Δευ, 31 Ιανουαρίου 2011 - 18:33 The deputy head of the International Energy Agency warned Monday that political unrest in North Africa and the Middle East was a "key" uncertainty hanging over oil markets.
EU Urges Egypt's Mubarak To Immediately Enter Talks With Opposition Δευ, 31 Ιανουαρίου 2011 - 18:32 EU chief diplomat Catherine Ashton urged Egyptian President Hosni Mubarak to immediately hold talks with the opposition Monday and respond to the aspirations of anti-government protesters.
Anadarko: Gulf Project Production Delayed By Unfit Equipment Δευ, 31 Ιανουαρίου 2011 - 18:32 Anadarko Petroleum Corp. (APC) said its Caesar/Tonga deepwater oil development project in the Gulf of Mexico will begin producing later than expected because testing has found equipment unfit for service.
BP's Partner In TNK-BP Approves Withholding 4Q Dividend Δευ, 31 Ιανουαρίου 2011 - 18:32 Alfa-Access-Renova, or AAR, Monday approved withholding TNK-BP PLC's (TNBP.RS) $1.8 billion fourth-quarter dividend, which was due to be paid in February.
Saudi Has Significant Spare Oil Capacity: Minister Δευ, 31 Ιανουαρίου 2011 - 18:31 Saudi oil minister Ali Ibrahim Al-Naimi said on Monday that the Gulf kingdom had "significant" spare capacity to help stabilize oil markets despite the prospect of continued volatility.
Exxon Upstream Net Benefits From WTI-Brent Spread Δευ, 31 Ιανουαρίου 2011 - 18:31 Exxon Mobil's (XOM) 4Q international exploration and production results benefits from the sharp premium of Brent crude (benchmark for much of Europe and Asia), to Nymex WTI, Raymond James notes.