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Sudan Increases Its Production to 500 Thousands Barrels Per Day
Sudan >> 11/10/2005 - Sudan government is planning to construct a fourth pipieline with a daily capacity of 150 thousands narrels daily by the end of 2005. the total production of oil in Sudan is expected to exceed 500 tho...
Shell launches the first Regional Intilaaqah Award
Egypt >> 11/8/2005 - Shell announced the launch of the first Regional Intilaaqah Award - “rewarding the spirit of enterprise”, which will honor young entrepreneurs in Oman, Egypt and the UAE (Abu Dhabi).where the Intilaaq...
Salman Gas to be Transferred to Mobarak Oil Terminal in a year
Iran >> 10/26/2005 - Production operation director of the Iranian Offshore Oil Company (IOOC) Abbas Vakil told Petroenergy Information Network on Monday that gas conveyance from Salman oil and gas field to Mobarak platfor...
Royal Dutch Shell Announces The Restructuring of Certain Subsidiaries
United Kingdom >> 10/20/2005 - Royal Dutch Shell, the single parent company of the Shell Group, announces that it proposes to implement an internal restructuring and merger of certain of its subsidiaries to achieve governance, mana...
Aramco Approves Projects for 2006
Saudi Arabia >> 10/19/2005 - The Saudi Aramco Board of Directors, at its fall meeting in Dhahran, urged management and employees at all levels to continue their high level of efficiency and productivity. The board, under the chai...
Apache, Amerada Hess Announce Transactions in Egypt, Permian Basin
Egypt >> 10/15/2005 - Apache Corporation has agreed to sell its 55 percent interest in the deepwater section of Egypt's West Mediterranean Concession to Amerada Hess Corporation for $413 million. Apache also has agreed to ...
Occidental to Ship Libyan Oil to U.S.
Libya >> 9/28/2005 - Occidental Petroleum Corporation has lifted its first cargo of Libyan crude oil since returning to its historic contract areas in that Country. This high quality cargo, which consists of approximat...
Centurion Announces Expanded Gas Marketing Strategy in Egypt
Egypt >> 9/20/2005 - Centurion Energy International Inc. is planning to expand its Egyptian gas sales by developing two new Exploration concessions, West Manzala and West Qantara (Centurion 75% working interest) which com...
Hydro Announces Agreement to Acquire Spinnaker Exploration
United States >> 9/19/2005 - Norsk Hydro ASA announced that it will acquire Spinnaker Exploration Company in an all-cash transaction for US$ 2.45 billion. The acquisition will substantially boost Hydro's presence and growth poten...
Centurion updates activities in Egypt
Egypt >> 9/17/2005 - Centurion’s Egyptian reserves increased 95% to 88.5 million boe during the first six months of 2005 Production reached a record high of 26,200 boepd, an increase of 36% above 2004 exit rate. Centuri...
Centurion Increases Egyptian Reserves By 95%
Egypt >> 9/14/2005 - A reserve update as at June 30, 2005 has been prepared by Ryder Scott Petroleum Consultants. Centurion has increased its proved and probable reserves (before deduction of royalties, production taxes ...
Abraxas Announces Expanded Capital Spending Budget for 2005 and Provides Operational Update
South Africa >> 9/14/2005 - Abraxas Petroleum Corporation announced that an expanded capital expenditure budget of $32 million for 2005 and provided an operational update.The $10 million increase over the initial capital expendi...
Apache Restores 76 Percent of Gas Production, 60 Percent of Oil Output Shut In By Hurricane Katrina
United States >> 9/7/2005 - Apache Corporation said that, seven days after Hurricane Katrina, 76 percent of its gross operated natural gas production shut-in because of the storm and 60 percent of operated oil production in stor...
Saudi Refining, Inc. to donate $5 million toward Hurricane Katrina relief
Saudi Arabia >> 9/2/2005 - Saudi Refining, Inc., a subsidiary of the Saudi Arabian Oil Company (Saudi Aramco) has announced it will donate $5 million to the American Red Cross to support relief efforts for victims of Hurricane ...
Azerbaijan-Iran Gas Swap to Launch on Tomorrow
Iran >> 8/19/2005 - The gas swap operation from Azerbaijan to Iran will be launched on Tuesday, Rokneddin Javadi, the managing director of the National Iranian Gas Company (NIGC) announced. According to this plan, Iran r...
Sky Petroleum Completes $5 Million Funding Commitment for Offshore Oil and Gas Property
United Arab Emirates >> 7/30/2005 - Sky Petroleum, Inc. an oil and gas exploration and development company, along with its wholly owned subsidiary, Sastaro Limited ("Sastaro"), announced it met a $5.0 million funding commitment relating...
Dh2.1 billion IPO by Dana in Sept.
United Arab Emirates >> 7/30/2005 - A major new private-sector regional gas company, Dana Gas, is under preparation for launch from Sharjah. The core founders of the new company are Crescent Petroleum and the shareholders of Sajaa Gas L...
China, the Largest Importer of Oman's Crude Oil
Oman >> 7/16/2005 - China ranked first in terms of import of crude oil from Oman in 2004, according to the central bank of Oman.Among Oman's total export of crude oil in 2004, China took 40.3%, followed by Thailand, 16.4...
Oil Deplomacy Frustrating US Policy
Iran >> 7/16/2005 - With the announcement of a landmark oil and power agreement with Iraq, Iran is on the move diplomatically.Under the deal with Iraq, the two countries will swap refined oil for crude oil and connect th...
Chevron: Strike at Angola Cabinda Oil Fields Ends
Angola >> 7/12/2005 - U.S. oil major Chevron Corp. said Monday a strike over pay in its Angolan Cabinda oil fields ended Sunday and production was being restored. "As of yesterday morning (Sunday), all employees have retur...

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