CRUDE OIL NEWS
submitted by oiltrades 256 days ago (via us.rd.yahoo.com)
submitted by oiltrades 256 days ago (via us.rd.yahoo.com)
submitted by oiltrades 256 days ago (via us.rd.yahoo.com)
submitted by oiltrades 256 days ago (via us.rd.yahoo.com)
submitted by oiltrades 256 days ago (via ameinfo.com)
Saudi Aramco is considering drilling again at its long mothballed, first oilfield, Reuters has reported, citing industry sources. The Number 7 well in Dammam, now known as the 'Prosperity Well', produced 32 million barrels of oil before it was shut, chief executive Khalid al-Falih said. "The well remains capable of producing even today, and the Dammam Field as a whole still accounts for ha
submitted by oiltrades 256 days ago (via ameinfo.com)
Abu Dhabi Gas Industries (Gasco) is planning to increase its workforce by 40% as part of a major expansion, The National has reported. Gasco, a unit of Abu Dhabi National Oil Co, is set to launch several major projects, including expansions of existing plants as well as the installation of new gas processing facilities at various locations. The company has a dozen projects worth more than
submitted by oiltrades 256 days ago (via ameinfo.com)
Iraq has signed an initial agreement with Iran to import natural gas for power generation, Reuters has reported. Under the five-year deal, Iran is to install a pipeline through Iraq and supply it with 25 million cubic metres of gas each day to feed a power plant in Sadr City in northern Baghdad, and another plant in the northern outskirts of the capital, the Iraqi electricity ministry said
submitted by oiltrades 256 days ago (via ameinfo.com)
UK-based Gulf Keystone Petroleum is preparing to export oil from Kurdistan after a dispute between the semi-autonomous region of Iraq and Baghdad over payments seems to be easing, Reuters has reported. The Kurdistan Regional Government (KRG) asked the company to start exporting oil at an initial volume of 5,000 barrels of oil per day (bopd). Oil exports from Kurdistan restarted in February
submitted by oiltrades 850 days ago (via us.rd.yahoo.com)
submitted by oiltrades 1095 days ago (via platts.com)
London (Platts) -- 5Feb2009 -- Global crude futures were largely rangebound in the morning tradingsession Thursday, as participants continue to digest the US inventory datareleased yesterday by the Energy Information Administration....


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