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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...
CNOOC Closes Joint Venture Deal with BEH
China >> 5/5/2010 - CNOOC Limited and Bridas Energy Holdings (“BEH”) announced that both parties have completed the formation of a 50/50% joint venture in Bridas Corporation ("Bridas"). ...
TNK-BP Joint Venture to Develop Iraq Fields
Iraq >> 5/5/2010 - TNK-BP Holding and Iraq Oil Company for Oil Investments (IOCOI) have signed an agreement to establish a joint venture aimed at identifying potential projects to acquire, develop and operate oil and ga...
Rialto Acquires Interest in CI-202, Cote D'ivoire
Ivory Coast (Cote D'Ivoire) >> 4/30/2010 - The Board of Rialto Energy has now executed formal documents in relation to the acquisition of CLNR Holdings Limited. CLNR Holdings (CLNR) has a right to acquire 75% of the share capital of C&L Natura...
Roxi Announces SPA of Galaz Interest to LGI
Kazakhstan >> 4/29/2010 - Roxi Petroleum plc, the AIM listed exploration and production company operating in Kazakhstan, is pleased to announce that it has, through its subsidiary Galaz Energy BV (“GEBV”), executed the Sale an...
CNOOC Achieved Production and Revenue Growth in Q1
China >> 4/28/2010 - CNOOC Limited is pleased to announce its results for the first quarter of 2010. During the period, the Company achieved a total net production of 67.3 million barrels of oil equivalent (BOE), represen...
Molopo Signs Gas Sales Agreement in South Africa
South Africa >> 4/27/2010 - Molopo Energy Limited (“Molopo”) announces that its South African subsidiary, Highland Exploration and Production (Pty) Ltd, has signed a gas sales agreement (“GSA”) with Novo Energy (Pty) Limited (“N...
Dresser-Rand Acquires Turbo Machines Field Services
South Africa >> 4/27/2010 - Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced that Dresser-Rand has signed an agreement to acquire the assets of Turbo Machines Field Ser...
Petrel Resources to Re-start Work in Iraq
Iraq >> 4/26/2010 - The directors of Petrel Resources Plc, the AIM listed oil and gas explorer, are pleased to announce the settlement of all outstanding issues on the Subba and Luhais oilfield development in Southern Ir...
TNK-BP Signs Agreement with Yaroslavl Region
Russia >> 4/22/2010 - TNK-BP has announced that it signed a cooperation agreement with the government of Yaroslavl region in Yaroslavl. The document was inked by Yaroslavl region governor Sergey Vakhrukov and TNK-BP execut...
Solo Exercises Option with Aminex on Ruvuma Basin
Tanzania >> 4/22/2010 - Aminex announces that pursuant to a Farm-out Agreement dated 14 December 2009 between Aminex’s subsidiary Ndovu Resources Ltd. (“Ndovu”) and Solo Oil PLC (“Solo”) for participation in the Likonde-1 we...
Murphy Terminates Production Sharing Contracts
Malaysia >> 4/21/2010 - Murphy Oil Corporation announced that it has been informed by PETRONAS that following the execution of the Exchange of Letters between Malaysia and the Sultanate of Brunei on March 16, 2009, the offsh...
ConocoPhillips Opts Out of Yanbu Refinery Investment
Saudi Arabia >> 4/21/2010 - ConocoPhillips has informed the Saudi Arabian Oil Company (Saudi Aramco) it will end participation in the new refinery project being built in Yanbu Industrial City. ...
Petrobras Signed Strategic Agreement with SINOPEC
China >> 4/16/2010 - Petroleo Brasileiro S.A. – Petrobras announces that it signed a Strategic Cooperation Agreement with China Petrochemical Cooperation (SINOPEC) and China Development Bank Corporation (CDB) aimed at ass...
RWE Dea Opens Office in Turkmenistan
Turkmenistan >> 4/14/2010 - RWE Dea has officially opened its new branch in Turkmenistan, trading as RWE Dea AG, Turkmenistan Branch. Last year, the German upstream company was granted the exploration rights for Licence Block 23...
Santos Signs Gas Sale & Purchase Agreement with Wesfarmers
Australia >> 4/13/2010 - Santos announced that it has signed a Gas Sale and Purchase Agreement with Wesfarmers Energy (Gas Sales) Limited for the supply of up to 60 petajoules of gas over more than five years. ...
Conoco Bets on U.A.E. Alliance in Caspian Oil Race
Turkmenistan >> 4/13/2010 - ConocoPhillips plans to team with Abu Dhabi-backed Mubadala Development Co. to bid for oil and gas fields in the Caspian Sea off Turkmenistan after an attempt with Russia’s OAO Lukoil foundered, a per...
Simba Energy Announced Liberian Oil Seep Survey
Liberia >> 4/13/2010 - Simba Energy Inc. advises it has submitted its Oil Seep Survey Report for the Field Reconnaissance Work undertaken in January 2010, to the National Oil Company of Liberia (NOCAL). In accordance with r...
GE Oil & Gas Signs MOU Agreement with Petrovietnam
Vietnam >> 4/12/2010 - GE Oil & Gas, a world leading provider of advanced-technology equipment and services to the oil and gas industry, has signed a memorandum of understanding (MOU) with the Vietnam National Oil and Gas G...
Aramco/Sumitomo Seek Firms Interest for JV Expansion
Saudi Arabia >> 4/11/2010 - Saudi-based Rabigh Refining and Petrochemical Co is looking for firms interested to start work on the second phase of its giant petrochemicals complex, industry sources said. ...

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