Latest news
Max Petroleum provides a production test of UTS-1 well in Kazakhastan
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
Iran is planning to open a new oil refinery in the Middle East
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 Mobil drills a record long well at Sakhalin-1, Russia
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 and Rosneft sign an agreement to develop Black Sea oil and gas
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
Daily Energy Market Overview, Friday, January 28, 2011
The Statoil announced that it will reduce production capacity on the Troll oil giant starting Thursday because of repairs that will last almost one week, while the North Sea crude oil reached its highest level over U.S. oil for two years.
read more... 28/01/2011