Oil & Gas Companies News

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...
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. ...
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...
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...
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...
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...
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. ...
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. ...
Zhaikmunai LP Final Results 2009
Kazakhstan >> 4/9/2010 - Zhaikmunai LP, the oil and gas exploration, development and production company with assets in north-western Kazakhstan, announces its audited results for the year ended 31st December 2009. ...
Dragon Provides Update on Crude Oil Swap Agreement
United Arab Emirates >> 4/8/2010 - Since the commencement of the PSA, Dragon Oil has been marketing the majority of its entitlement barrels through a crude oil swap agreement with a subsidiary of the National Iranian Oil Company, Nafti...
SOCAR Signed Agreements with Vietnam
Azerbaijan >> 4/8/2010 - On April 8, SOCAR management met with the delegation headed by Hoang Chung Hai, Deputy Prime Minister of Vietnam Socialist Republic having business visit to Azerbaijan at the Company’s Head Office. ...
Uganda Supports Heritage’s Sale of Its Interests
Uganda >> 4/7/2010 - Heritage Oil Plc, an independent upstream exploration and production company, issues an update on the proposed disposal of the Company’s entire interests in Block 1 and Block 3A (“the Disposed Assets”...
KenolKobil Posts Impressive Results for 2009
Kenya >> 4/7/2010 - Results
For the first time, the Group is reporting a full calendar year, Jan – Dec. 2009 (12 months), including its Subsidiary Kobil Petroleum Limited. ...
Rialto Energy to Aquire Interest in Ghana
Ghana >> 4/6/2010 - Rialto Energy Limited is pleased to announce that an affiliate of our International Joint Venture partner, Challenger Minerals Inc. (“CMI”), has been awarded an interest in the Accra Petroleum Agreeme...
KBR Acquires Energo Engineering
United States >> 4/5/2010 - KBR announced that it has acquired Houston-based Energo Engineering. Energo provides Integrity Management (IM) and advanced structural engineering services to the offshore oil and gas industry. Energo...
Pacific Asia to Acquire Oyo Oil Field Interest
Nigeria >> 4/5/2010 - Pacific Asia Petroleum, Inc., a U.S.-based energy company engaged in the development, production and distribution of oil and gas, today announced that the Company’s shareholders voted to approve the a...
TNK-BP to Acquire Two Companies in Orenburg Region
Russia >> 4/2/2010 - TNK-BP announced that Orenburgneft, one of the key subsidiaries of the Group, completed the acquisition of LLC “Universitet-nedra” and LLC “Klyuchi” which hold licences for geological study, explorati...
Statoil and Exxonmobil Join Forces in Tanzania
Tanzania >> 3/31/2010 - Statoil has signed an agreement with an affiliate of ExxonMobil to transfer 35% of its interest in Statoil operated Block 2 in Tanzania. Statoil now holds 65% interest in the 11,099 square kilometres ...

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