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Maersk Oil giant stops its activity at an oil rig due to an oil spill

Maersk Oil, the Danish oil major stopped working at its North Sea rig after an oil leak was observed on the surrounding water from a helicopter which was flying between the Rolf and Gorm platforms, the company said.

read more... 04/03/2011

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The U.S administration approves the first deepwater drilling permit since BP oil spill

The U.S. administration declared on Monday that it has authorized the new deepwater oil drilling permit in US waters of the Gulf of Mexico.

read more... 03/03/2011

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TNK-BP offers to buy a BP stake for £5bn

The Times newspaper declared on Wednesday that TNK-BP, a joint strategic partnership, has offered to buy a 5 percent stake in BP for 5 billion pounds trying to solve the controversial dispute over the BP’s proposed deal with Rosneft.

read more... 03/03/2011

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Shell Deutschland Oil to perform a turnaround at Rheinland Wesseling refinery in Germany

Shell Deutschland Oil GmbH (Hamburg, Germany), a subsidiary of Royal Dutch Shell plc will perform its planned turnaround on March, 11 at its Rheinland Wesseling refinery in Germany.

read more... 02/03/2011

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Lukoil eyes the acquisition of new assets in the Middle East

The Lukoil president, Vagit Alekperov declared to reporters on Friday that the giant is looking to fully change its reserves in Russia and enter other markets in the years to come, thus the company is interested in acquiring Middle East assets, even if Russia is full of assets.

read more... 01/03/2011

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