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$1.8 bn Needed to Develop South Pars Phase 12
Iran >> 4/12/2010 - Petropars Company managing director Gholamreza Manouchehri says the company needs $1.8 billion of capital to develop South Pars gas field phase 12 remarking that Iranian petroleum minister has vowed t...
Egypt Suez Canal March Revenue Rises to $379.4 m
Egypt >> 4/11/2010 - Revenue from Egypt's Suez Canal rose to $379.4 million in March, from $327.9 million a year earlier, a state website showed. ...
Chevron Issues Interim Update for Q1 2010
United States >> 4/8/2010 - Chevron Corporation reported in its interim update that earnings for the first quarter 2010 are expected to be higher than in the fourth quarter 2009. Upstream earnings are projected to increase, refl...
Winstar 2009 Operational and Financial Results
Tunisia >> 3/26/2010 - Winstar Resources Ltd is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2009. All dollar values are expressed in Canadian dollars unless oth...
Lukoil Net Income Reached $7.011 bn in 2009
Russia >> 3/24/2010 - LUKOIL publishes consolidated US GAAP financial accounts for 2009. The Company’s net income before one-off impairment losses (including impairment loss for Anaran project in Iran, which was abandoned ...
Nord Stream Completes Phase I Financing
Russia >> 3/16/2010 - Nord Stream together with its shareholders in the consortium, Gazprom, BASF/Wintershall GmbH, E.ON Ruhrgas AG and N.V. Nederlandse Gasunie announced the successful signing of Phase I financing of the ...
Oil Market Highlights - Mar 10
Austria >> 3/10/2010 - - The OPEC Reference Basket fell by $3.02/b or 4% to reach to $72.99/b in February. The decline was mainly attributed to growing concern about the economic recovery triggered by sovereign debt issues ...
Market Challenges to Continue in Second Quarter - Mar 10
Austria >> 3/10/2010 - - Oil prices have continued to be influenced by financial market developments, especially equities and currency fluctuations, although the link with the US dollar has somewhat weakened recently due t...
Crude Oil Price Movements - Mar 10
Austria >> 3/10/2010 - OPEC Reference Basket
The OPEC Reference Basket declined in February, fluctuating in a narrower range between $69/b and $76/b, compared to $71/b to $80/b in the previous month. It is worth...
Commodity Markets - Mar 10
Austria >> 3/10/2010 - Trends in selected commodity markets
Commodity price dropped 2.3% m-o-m in February m-o-m, according to the IMF, with most of the markets affected. Industrial metals together with grains a...
Highlights of the World Economy - Mar 10
Austria >> 3/10/2010 - Industrialised countries
USA
The release of mixed data for the economy of the US continues, still slightly geared to the positive side, but further signs of caution have eme...
World Oil Supply - Mar 10
Austria >> 3/10/2010 - Non-OPEC

Estimate for 2009
Non-OPEC supply is estimated to have averaged 51.02 mb/d in 2009, representing growth of 0.61 mb/d over the previous year. This month’s estimat...
Product Markets and Refinery Operations - Mar 10
Austria >> 3/10/2010 - Continuation of cold weather along with refinery strikes in France and lower crude prices provided support for refining margins in February. Seasonal refinery turnaround and continuation of discretio...
The Tanker Market - Mar 10
Austria >> 3/10/2010 - Global spot fixtures decreased by 4% in February from the previous month. The decline in global activity was due to various holidays. The decrease in OPEC spot fixtures by 13% supported the decline in...
Oil Trade - Mar 10
Austria >> 3/10/2010 - USA
US crude oil imports averaged 8.84 mb/d in February, 0.41 mb/d higher than in the previous month. On a y-o-y basis, February data showed a decline of 4% or 0.37 mb/d compared to the s...
Stock Movements - Mar 10
Austria >> 3/10/2010 - USA
US commercial inventories at the end of February fell slightly by 0.3 mb to 1046.6 mb. This slight drop was much less that the seasonal decline of around 11 mb. Crude and products move...
Balance of Supply and Demand - Mar 10
Austria >> 3/10/2010 - Estimate for 2009
Demand for OPEC crude has been revised up by around 0.2 mb/d to currently stand at 29.0 mb/d, reflecting the upward revision in global demand as well as the downward revi...
TNK-BP Maintains Net Income at $5 bn
Russia >> 3/1/2010 - TNK-BP reported its results for the fourth quarter and twelve months ended 31 December 2009 (US$ millions unless otherwise stated). ...
KazMunaiGas Production 2009 Financial Results
Kazakhstan >> 3/1/2010 - JSC KazMunaiGas Exploration Production, released its consolidated financial statements for the year ended December 31, 2009. ...
KBR Announces Q4 and Full Year 2009 Results
United States >> 2/25/2010 - KBR announced that fourth quarter 2009 net income attributable to KBR was $73 million, or $0.45 per diluted share, compared to net income attributable to KBR of $88 million, or $0.54 per diluted share...

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