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Exxon Mobil,Chevron Top Bidders in GOM Lease Sale
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Thursday, August 21, 2008 - Exxon was the top bidder on the latest Gulf of Mexico Western Lease Sale organized this week by the U.S. Interior Department, underlying the company's interest in becoming a bigger player in the region.
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Iraq Oil Minister Sees Possible Oil Oversupply
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Thursday, August 21, 2008 - Oil supplies meet and may slightly exceed current world demand, Iraqi oil minister Hussain al-Shahristani said at a press conference in Warsaw, Poland on Thursday.
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Oil Speculators Few, But Huge
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Thursday, August 21, 2008 - Just a few energy speculators control large portions of the oil market, a U.S. regulator said. On June 6, the day oil prices jumped $11 a barrel on the New York Mercantile Exchange.
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| Crude Oil Prices Climb [8/21/2008] |
| Iraq, Lebanon to Sign Oil Trade Agreements Soon [8/20/2008] |
| more Industry Headlines articles >> |
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Ithaca Cinches Interest in Stella, Harrier Shallow Discoveries
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Thursday, August 21, 2008 - Ithaca and its wholly owned subsidiary completed the acquisition of a 66.67% working interest in the Stella and Harrier Shallow discoveries, as well as secured the services of the FPSO Uisge Gorm for developing the Athena Field.
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Aurelian Spuds Lilieci-1 in Romania's Bacau Concession
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Thursday, August 21, 2008 - Aurelian announced on behalf of its wholly owned Romanian subsidiary and its partners, SNGN Romgaz S.A. and Europa Oil & Gas S.R.L., that the well Lilieci-1 was spudded on August 19, 2008.
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Blackford Dolphin Swims for Tullow Offshore Ghana
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Thursday, August 21, 2008 - The semisub Blackford Dolphin has completed the commissioning and test phase in Rotterdam and has commenced mobilization under the drilling contract with Tullow offshore Ghana.
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| OMNI Lands Haynesville Shale Seismic Award [8/21/2008] |
| Cobra 1A ST3 Reaches Total Depth, Logging Underway [8/21/2008] |
| Strike Oil Updates on Drilling, Testing at Rayburn Project [8/21/2008] |
| more Exploration articles >> |
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Russia Says Oil Output to Stagnate By 2011
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Thursday, August 21, 2008 - Russian oil output growth is unlikely to exceed 2.2 percent next year and will slow to under 1 percent by 2011, the government said on Thursday, confirming earlier forecasts of a slowdown in production growth.
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Wintershall Ups Germany's Crude Oil Production
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Thursday, August 21, 2008 - Wintershall is investing in crude oil production in Germany. Germany's largest producer of crude oil and natural gas will drill four wells in Emlichheim in Lower Saxony alone by autumn 2008.
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UK's Bruce Gas Field Up and Running
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Thursday, August 21, 2008 - Britain's North Sea Bruce gas field began restarting production on Thursday after a pipeline problem that kept it closed for several weeks was resolved, operator BP said.
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| Nighthawk Kicks Off Production at Jolly Ranch [8/21/2008] |
| Dragon Puts Dzheitune A/129 on Production [8/20/2008] |
| more Production articles >> |
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Anzon Australia Gets Extension for Shareholders' Statement
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Thursday, August 21, 2008 - Anzon obtained from ASIC a modification of the Corporations Act 2001 so that the time by which Anzon Australia is required to print and despatch its Target's Statement to its shareholders has been extended from Aug. 28 to Sept. 8, 2008.
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Shell Canada Gets Go Ahead to Purchase Duvernay's Shares
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Wednesday, August 20, 2008 - Shell Canada Limited, a wholly owned subsidiary of Royal Dutch Shell plc, received the approval of the Minister of Industry under the Investment Canada Act for its offer to purchase all of the outstanding common shares of Duvernay Oil Corp.
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Antrim Closes for Gross Proceeds of $3.1MM
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Wednesday, August 20, 2008 - Antrim closed the sale of an additional 1,000,000 common shares at $3.10 per share for gross proceeds of $3,100,000 in connection with the partial exercise of the over-allotment option granted under its recent bougt deal financing.
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| Golar LNG to Trade Ex-Dividend of $0.25 Per Share Cash Dividend [8/20/2008] |
| more Finance and Investing articles >> |
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StatoilHydro Extends Drilling Contracts for $375.5MM
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Thursday, August 21, 2008 - StatoilHydro has chosen to exercise its options in the contracts for integrated drilling services with Schlumberger, Baker Hughes Inteq and Halliburton for deliveries on the Norwegian continental shelf. The total value is over $375.5 million.
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Scorpion Snares Order to Use Offshore Freedom in Arabian Gulf
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Thursday, August 21, 2008 - Scorpion's subsidiary, through its Saudi Arabian venture partner, received a letter of commitment for the Offshore Freedom jackup for operations in the Arabian Gulf. Scorpion's revenue backlog, through 2018, now exceeds $1.8 billion.
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Petrobras Clarifies Unification of Pre-Salt Areas, Unknown Source
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Thursday, August 21, 2008 - Petrobras issued a statement of clarification regarding a written notice and subsequent report published by the O Globo newspaper on August 20, 2008 about an increase in capital by 100 billion. The Company does not know the article's source.
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Awilco Highlights Jackup Commitments, Q2 Earnings
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Thursday, August 21, 2008 - Awilco Offshore ASA has provided an operational and financial update for the quarter ended June 30, 2008, which included information concerning the Company's jackup commitments and total revenue earnings.
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| Wood Group Nabs New Australian Safety Training Business [8/21/2008] |
| PetroProd Hopes to Improve Results After FPSO, Jackup Deliveries [8/21/2008] |
| Wavefield Addresses TGS' Comments, Plans to Terminate Merger [8/21/2008] |
| Halo Opens New Rigging Warehouse at InterMoor's Fourchon Facility [8/21/2008] |
| GC Rieber's Stays Afloat in Second Quarter, Expands into Asia [8/21/2008] |
| Grenland Group Rolls in 54% Higher Operating Revenues [8/21/2008] |
| GeoPark Names New Non-Executive Director [8/21/2008] |
| B&W's Subsidiary Grabs Contract to Supply Oil Sands Equipment [8/21/2008] |
| Matra Adds Sokolovskoe Discovery as Q2 Milestone [8/21/2008] |
| Tethys Unveils Financial, Operational Highlights for Second Quarter [8/21/2008] |
| more Company Operations articles >> |
