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Oil & Gas Companies News

Oando PLC Acquires Exile Resources' Interest in The Akepo Field
Nigeria >> 1/5/2009 - Oando Exploration and Production Limited (OEPL), the upstream arm of Oando PLC, Nigeria's leading integrated energy solutions provider, has announced the acquisition of 75% interest in Exiles Resource...
Statement by Alexey Miller About Gas Price for Ukraine
Ukraine >> 1/4/2009 - “Naftogaz Ukrainy is taking an irresponsible stance in relation to Ukrainian consumers. The contract for gas supply to Ukraine in 2009 hasn’t been concluded yet. Naftogaz Ukrainy has rejected the favo...
Gazprom to Sue Naftogaz Ukrainy With International Arbitration Court
Russia >> 1/3/2009 - Gazprom has taken the decision to file a lawsuit with the Stockholm international arbitration court to force Naftogaz Ukrainy to secure unimpeded transit of Russian gas to Europe across Ukraine.
Ukrainian Side Disagrees to Required Transit Volume
Russia >> 1/2/2009 - The current situation in the relations with Ukraine in the gas sector is as follows: taking into consideration the holidays, the USD 1.5 billion payment made by Naftogaz Ukrainy will be received by us...
Gas Supplies to Ukraine Cut 100 Per Cent
Russia >> 1/1/2009 - “By now, the situation surrounding gas supplies to Ukraine is as follows. As announced last night, at the moment we don’t have a contract for gas supply to Ukrainian consumers. That is why we don’t ha...
Iraq Invites Foreign Companies for its 2nd Licensing Round
Iraq >> 12/31/2008 - Iraq on Dec 31, 2008 opened up some of its most prized oil and gas fields to international firms that have been excluded for decades, part of new deals that could more than double its output within a ...
Board of Directors Addresses Relationships with Ukraine
Russia >> 12/29/2008 - The Gazprom Headquarters hosted a Board of Directors’ meeting.The Board of Directors took notice of the information relevant to the calculations status and relationships prospects for Gazprom and busi...
Iran'S Condensate Refinery Set for H2 2010 Start
Iran >> 12/29/2008 - Iran's state oil refining company expects to complete construction of a new 360,000 barrel per day condensate refinery in the second half of 2010, a company source said on Monday.

Accordin...
On Meeting Of Gazprom Coordinating Committee For Environmental Protection
Russia >> 12/26/2008 - The Gazprom Headquarters hosted a meeting of the Company’s Coordinating Committee for Environmental Protection moderated by Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee, He...
Spudding of Reef Prospect and New Gas Well
Russia >> 12/23/2008 - Aladdin Oil & Gas Company ASA is planning to spud a well on the reef prospect as well as on the gas field 24th December. The company is now entering a very active season where in addition to the drill...
Continental Energy to Assess Bengara-II Block Commerciality in 2009
Indonesia >> 12/23/2008 - Continental Energy Corporation announced that it has received approval of the Indonesian government for an extension of time under the Bengara-II PSC to appraise, assess, and justify the economic feas...
Bowleven Inks Entinde PSC In Cameroon
Cameroon >> 12/22/2008 - BowLeven announced it has signed a production-sharing contract as planned covering the entire Entinde permit, offshore Cameroon. The PSC, which includes a further three-year extension phase commencing...
RIL Wins a Deep Water Block in NELP VII
India >> 12/22/2008 - Reliance Industries Ltd., along with BP was awarded the Deep Water block KG-DWN-2005/2 offered under NELP VII. The agreement was signed today at New Delhi. RIL has 70% participating interest and BP ho...
PetroIran sold off to Dana Energy Group
Iran >> 12/20/2008 - The base price in the tender was set at Rials 1,070 Bln ($107 Mln), but was finally sold at Rials 1,100 Bln ($ 110 Mln) to Dana Energy Group.Dana Energy Group (DEG) owns companies that have specialize...
Canamens Signs Offshore Exploration Agreements in Morocco
Morocco >> 12/17/2008 - Canamens is pleased to announce the signing of a suite of agreements – including an Association Contract, a Petroleum Agreement and a Reconnaissance Contract, along with associated permits and a licen...
Arabian Gulf Oil Company Has a New Oil Discovery in Ghadames Basin
Libya >> 12/15/2008 - AGOCO, the Arabian Gulf Oil Company has had a new oil discovery with the D1-NC7-A, a new field wildcat well located in the Ghadames Basin, the Libyan National Oil Company, NOC has confirmed. The well ...
Gazprom Announced Hydrocarbon Development Tender Winner in Algeria
Algeria >> 12/15/2008 - On December 13 Gazprom was announced the winner of the hydrocarbon exploration and development tender for the onshore area El Assel located in the Berkine Basin of the People's Democratic Republic of ...
Eni Awarded Exploration Licence in Algeria
Algeria >> 12/13/2008 - Eni has been awarded the Kerzak exploration license, in southwest Algeria, following an international bid round launched by the Algerian National Agency for the Valorisation of Hydrocarbon Resources (...
Key Petroleum Withdraws from Namibian Exploration Project
Namibia >> 12/11/2008 - Key Petroleum Ltd entered into a Consortium Agreement with Pancontinental Oil & Gas NL for joint petroleum exploration activities offshore Namibia. The term of that Consortium Agreement has now expire...
Lukoil Completes Construction of the Second Stage of the Yuzhno Khylchuyu Field
Russia >> 12/10/2008 - OOO Naryanmarneftegaz, a LUKOIL and ConocoPhillips Joint Venture (70% and 30%, respectively) completed construction of the second stage of the Yuzhno Khylchuyu (YK) field. In process of construction o...

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