27 (Bloomberg) -- The State Oil Co. of Azerbaijan, or Socar, plans to sell as much as $500 million of Eurobonds, Moody's Investors Service said in a report. Moody's gave the debut international notes a rating...
The physical oil market in the Middle East and Russia showed signs of tightening too, suggesting that some refiners are already seeking replacement barrels, analysts said. Russian Urals crude, seen as a potential alt...
NEW DELHI, Jan 27 (Asia Pulse) - India and Pakistan are closer to agreeing on a transit fee and a joint strategy to develop gas fields and import the hydrocarbon via a pipeline from the Central Asian Republic of Turkmenistan
Lanka Business Online
South Sudan's president, Salva Kiir, and Sudanese leader Umar al-Bashir failed to reach an agreement to end an oil dispute between the two countries that led South Sudan to start shutting down its crude pr...
HOUSTON -- The deepwater Gulf of Mexico will likely be more important to long-term US oil production than shale formations, the chief of the Department of Energy's statistics branch said today. The views of Howard Gruen...
SOCO announces that on 27 January 2012 it purchased 40000 of its ordinary shares at an average price of 290 pence per ordinary share. The highest price and the lowest price paid for these shares were 290 pence and 290 pence...
27 (UPI) -- Oil production in Iraq in 2011 rose 12 percent compared with the previous year though exports could be curtailed by a lack of infrastructure, analysis finds. In mid-January, Turkish energy company Genel E...
Europe remains as the main gas sales market for the State Oil Company of Azerbaijan (SOCAR), Ihlas agency quotes the Company's head Rovnag Abdullayev as saying at the World Economic Forum in Davos on Friday. &quo...
Sao Paulo, Brazil, 27 Jan – Sonangol Starfish has made its first discovery of traces of oil in the sea, in Brazil's Campos Basin, in a block that had already been unsuccessfully drilled, the company said i...
RIO DE JANEIRO (Dow Jones)--Brazilian oil startup HRT Participacoes em Petroleo SA (HRTP3.BR) said late Friday that it has asked local regulators to approve its farm-in deal with BP PLC's (BP) Russian joint venture TNK-...
Basra Gas Company, a joint venture of Iraq, Royal Dutch Shell PLC (RDSA) and Mitsubishi Corp., is expected to produce about 1.4 million cubic meters of gas per day in 2012, head of the South Gas Co., affiliate of the Iraqi Oil<...
By Alex Lawler LONDON (Reuters) - Royal Dutch Shell's Nigerian venture has finished repairs to a damaged Nigerian oil pipeline and restored output, the company said on Friday, boosting supplies from Africa's ...
By Alex Lawler LONDON (Reuters) - Royal Dutch Shell's Nigerian venture has finished repairs to a damaged Nigerian oil pipeline and restored output, the company said on Friday, boosting supplies from Africa's ...
By Yara Bayoumy and Aaron Maasho | ADDIS ABABA (Reuters) - The presidents of Sudan and South Sudan failed Friday to resolve an oil dispute that has led to the shutdown of the South's crude output and threa...
Saudi Arabia Finance Minister Ibrahim Al-Assaf said on Thursday that supply to global oil markets was “adequate” and that he was comfortable with oil prices at their current level. “Our long-standing policy is...
Engen Petroleum Limited, the African downstream petroleum products refiner and marketer, has acquired the assets of Chevron in seven countries in sub-Sahara Africa. “We have completed the integration process, now the sky is...
TEHRAN – A top Iranian diplomat has expressed Tehran's displeasure over an announcement by certain Persian Gulf Arab states to replace Iran's oil exports, saying Iran will consider such a move as “unfriendly”. Hosse...
Cuba will begin exploratory drilling in search of oil this weekend, when drilling will start on a rig just 100 kilometres from Florida. The operation is raising concerns over what happens under the terms of the US em...
By Najmeh Bozorgmehr in Tehran and Guy Chazan Iran's parliament is threatening to ban oil exports to Europe as early as next week, in a move that could hit the economically weak countries of southern Europe and p...
The potentially high impact Ntorya 1 well is now approaching its target interval, Aminex (LON:AEX) confirmed today. Aminex is the operator of the keenly followed well in Tanzania. It has a 56.25 per cent in the ventu...
