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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. ...
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. ...
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 ...
Gulfsands to Increase Interest in blocks in Tunisia
Tunisia >> 6/7/2010 - Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., is pleased to announce that further to the annou...
Gazprom, DESFA Establish JV South Stream Greece
Russia >> 6/7/2010 - Today in Moscow, at a meeting of the Joint Russian-Greek Commission on economic, industrial and scientific-technical cooperation, Gazprom and the company DESFA S.A. (Hellenic Gas Transmission System O...
Petronas to Trim Foreign Explorations-Paper
Malaysia >> 6/5/2010 - Malaysia's state oil firm Petronas wants to trim overseas exploration and set aside more resources for oil fields at home, the Star newspaper said, citing Petronas' chief Shamsul Azhar Abbas. ...
Sao Tome Seeks Bonus in Equator Oil Block Deal
Sao Tome and Principe >> 6/1/2010 - Sao Tome and Principe will insist energy firm Equator Exploration pays a signing bonus and proves it has solid finances before allowing it to develop two offshore oil blocks, a government official sai...
PTTEP Seeks Asset Deals to Boost Growth
Thailand >> 5/27/2010 - PTT Exploration and Production (PTTEP) PTTE.BK is looking to buy one or two oil and gas assets worldwide this year and an executive of Thailand's second-biggest listed firm said he was optimistic abou...
DVM is Changed to Tangiers Petroleum Limited
Australia >> 5/24/2010 - The Directors of DVM International Limited are pleased to advise that shareholders approved the changing of the Company’s name to Tangiers Petroleum Limited.

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Crescent and Rosneft Sign Cooperation Agreement
United Arab Emirates >> 5/19/2010 - Crescent Petroleum, the Middle Easts longest established private petroleum company, announced the signing of a Strategic Cooperation Agreement with Rosneft Oil Company, Russias leading oil producer an...
CNPC acquires 35% interest in SSPD
Syria >> 5/19/2010 - Shell and the China National Petroleum Corporation (CNPC) have concluded an agreement under which CNPC has acquired a 35% interest in Syria Shell Petroleum Development (SSPD), currently 100% owned by ...
Gulfsands to Acquire Interest in Blocks in Tunisia
Tunisia >> 5/18/2010 - Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., is pleased to announce that, further to the anno...
Enel Signs MOU with Egyptian Ministry of Petroleum
Egypt >> 5/18/2010 - Enel, represented by Massimo Sciancalepore, Head of Business Development, Upstream Gas Division, and the Ministry of Petroleum of the Arab Republic of Egypt, represented by H.E. Ashraf Rashed, Ambassa...
NOVATEK Increases Its Stakes in Subsidiaries to 100%
Russia >> 5/17/2010 - OAO NOVATEK announced that it has increased its participation in the share capital of OOO Oiltechprodukt-Invest, OOO Petra Invest-M and OOO Tailiksneftegas to 100%. The Company has acquired the remain...
Penn West and CIC Announce Strategic Partnership
Canada >> 5/13/2010 - Penn West Energy Trust is pleased to announce it has entered into an agreement with a wholly owned subsidiary of the China Investment Corporation (CIC) to form a joint venture that will develop Penn W...
Mitra, KUFPEC and PVEP Awarded PSC For Block 51, Vietnam
Vietnam >> 5/12/2010 - Mitra, together with Kuwait Foreign Petroleum Exploration Company (KUFPEC) and Petrovietnam Exploration Production Corp. (PVEP), have entered into a Production Sharing Contract (PSC) with Petrovietnam...
Stratic Signed Sale Agreement of Turkish Business
Turkey >> 5/7/2010 - Stratic Energy Corporation announces it has reached agreement for the sale of its Turkish business. Stratic has signed a sale and purchase agreement in respect of its Turkish subsidiary Stratic Energy...

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