Latest news
New oil reserves discovered at Tybalt
Valiant Petroleum, a British oil and gas company, announced the discovery of new oil reserves in Tybald region, situated in British North Sea area.
read more... 01/06/2010
Oil ends the week with gains
High volatility is observed this week on world oil market.
read more... 28/05/2010
Oil prices recovered from Tuesday’s session
Oil prices recovered from the 67 $ low on Tuesday increasing by 3%.
read more... 26/05/2010
Total and ERG merger is approved by EU
French most important oil company Total and its Italian counterpart ERG Petroleum, had received UE’s permission for their merger in refining and marketing fields, which will take place in Italy.
read more... 24/05/2010
Statoil’s evacuation of North Sea platform
Statoil, the largest Norwegian oil and gas producer, had reported the evacuation of the North Sea oil platform today due to the modifications in the well pressure.
read more... 21/05/2010