PetroChina will buy a 50% stake in two projects of the European oil-refining company, Ineos worth $1.02bn.
read more... 02/02/2011
Max Petroleum, an oil and gas exploration company, based in UK, will provide a production test at its UTS-1 well, at the Uytas field in western Kazakhstan.
read more... 01/02/2011
According to Teheran Times, Iran is planning to put into operation the biggest oil refinery in the Middle East, called Shazand in the next few days.
read more... 01/02/2011
Exxon Neftegas, the subsidiary of Exxon Mobil Corporation announced that it has drilled an extended-reach (ERD) well with a world record length at the Sakhalin-1 Project in the Odoptu field, offshore Russia.
read more... 31/01/2011
Exxon, the U.S. major oil company and Rosneft, the Russia's oil giant have signed on January 27th an agreement to develop offshore oil and gas in the Black Sea.
read more... 28/01/2011