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Tower Provides Operational Update in Uganda
Uganda >> 6/25/2010 - Further to the announcements of 22 December 2008 and 9 November 2009, Neptune Petroleum (Uganda) Limited, the wholly owned subsidiary of Tower Resources plc, has reached agreement with Global Petroleu...
Oilex Wins West Kampar Arbitration
Indonesia >> 6/24/2010 - Oilex Ltd. advises that the International Court of Arbitration of the ICC (International Chamber of Commerce) has found in favour of its subsidiary Oilex (West Kampar) Limited (Oilex) in its claim aga...
Solo to Exercise Option with Aminex on Ruvuma
Tanzania >> 6/24/2010 - Solo Oil Plc advises that, further to the announcement made on 22 April 2010, relating to the Company's intention to exercise its option to take up a 12.5% interest in the Ruvuma PSA and in the Joint ...
BP, Chevron Seek Joint Deep-water China Project
China >> 6/23/2010 - BP PLC is teaming up with U.S.-based Chevron Corp. to bid for a South China Sea exploration block, a person familiar with the matter said, signaling that the U.K. company's failure to stop a Gulf of M...
UAE Wants Shell for Shah After Conoco Exit-Sources
United Arab Emirates >> 6/23/2010 - The United Arab Emirates' would like Royal Dutch Shell to step in as its partner at the $10 billion Shah gas project after U.S. major ConocoPhillips withdrew, industry sources in the UAE said. ...
EQUATE Signs MOU with KISR for Technical Services
Kuwait >> 6/22/2010 - EQUATE Petrochemical Company signed a memorandum of understanding (MOU) with Kuwait Institute for Scientific Research (KISR) so that the KISR provides the company with both research services and techn...
Kuwait Sees Progress in Talks with Foreign Oil Firms
Kuwait >> 6/22/2010 - Kuwait is making progress in talks on technical service agreements with international energy companies and discussions on one or more could be finished this year, senior oil official said. ...
Artumas Signed Agreement with Wentworth Resources
Canada >> 6/22/2010 - Artumas Group, Inc. announced that it has signed an agreement ("Agreement") with Wentworth Resources Limited ("Wentworth") to purchase 100% of the outstanding shares of Wentworth in exchange for the i...
Subsea 7 and Acergy Agree to Combine
United Kingdom >> 6/21/2010 - Acergy S.A. and Subsea 7 Inc. announced that their Boards of Directors have agreed to combine the two companies. The transaction will create a combined entity with: ...
GDF SUEZ Acquires 9 Percent Stake in Nord Stream AG
Russia >> 6/20/2010 - Nord Stream AG is pleased to welcome GDF SUEZ S.A. as the consortium’s fifth shareholder with a 9 percent holding following its acquisition of 4.5 percent each from founder members E.ON Ruhrgas AG and...
Tap Oil Signs Petroleum Agreement in Ghana
Ghana >> 6/18/2010 - A reception to commemorate the signing of the Petroleum Agreement for oil exploration activities in the Offshore Accra Contract Area between the Ghana National Petroleum Corporation (GNPC), Tap Oil an...
Total Eyeing Projects With LUKOIL in Russia
Russia >> 6/18/2010 - Total is looking into the possibility of joint projects with LUKOIL in Russia, Christophe de Margerie, Chief Executive of the French oil major, said. ...
Polarcus / DMNG JV Receives LOI from Rosneft
Russia >> 6/17/2010 - Polarcus Limited announced that JSC Dalmorneftegeophysica (DMNG), tendering under the terms of a joint cooperation agreement with Polarcus, has received a Letter of Intent from Rosneft for a 1,030 squ...
Rosneft, Chevron Agree on Joint Black Sea Activity
Russia >> 6/17/2010 - Rosneft Oil Company and Chevron Corporation announced in Novo-Ogarevo execution of mutual agreements outlining key principles of future joint exploration activity planned for Rosneft’s Shatsky Ridge o...
Saudi Aramco Signs Agreement on Okinawa Storage
Japan >> 6/15/2010 - Saudi Aramco and Japan’s Agency for Natural Resources and Energy have signed an in-principle agreement for a joint project to utilize crude oil storage facilities in Okinawa. ...
LUKOIL Cedes Much of Saudi Gas Exploration Block
Saudi Arabia >> 6/15/2010 - Luksar, a joint venture between Russia's LUKOIL and state oil giant Saudi Aramco, has relinquished 90 percent of a gas exploration block in Saudi Arabia, Aramco said. ...
Nigerian Sunrise Offers $4.8 Bln Exxon JV Stakes
Nigeria >> 6/15/2010 - Nigerian energy company Sunrise has offered $4.8 billion to buy a stake in Exxon Mobil's joint venture in the country, the Financial Times said, citing people familiar with the matter. ...
RIL to Usher in a Broadband Revolution in India
India >> 6/11/2010 - Reliance Industries Limited (RIL) announced that it has entered into an agreement to acquire a substantial stake in Infotel Broadband Services (P) Ltd, which has emerged as a successful bidder in all ...
TATNEFT Provides Operation of Oilfield Facilities
Russia >> 6/10/2010 - TATNEFT is implementing a number of technical/technological and organizational measures to ensure environmental safety of oil production and to ensure stable and trouble-free operation of oilfield fac...
TNK-BP Outruns Production Plan in Varyoganneftegaz
Russia >> 6/10/2010 - Target Subsidiary Varyoganneftegaz (a member of TNK-BP) outruns its oil production business plan by 15,810 tonnes since the beginning of year. The outrun of the planned targets is a result of a whole ...

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