MOSCOW : Russia has split its government fund for oil windfall profits into two portions and cleared the way to invest one of them, whose size rivals the largest U.S. hedge funds, in Western stocks an…
Yesterday it said the first oil is expected from the field in the second half of 2009. The company still has to settle issues on the 580km pipeline needed …
RF government will meet next week to discuss East Siberia-Pacific Ocean (ESPO) project status, head of RF government office Sergey Naryshkin told the journalists. According to him, the government has …
Leading Provider of Products and Services to the Upstream Oil and Gas Industry Gets Unlimited Access to Entire ELS Software Portfolio for Fixed Annual Fee Houston – Bentley Systems, Incorporated rece…
PRB Energy Inc. said Thursday that Chairman and CEO Robert Wright has resigned effective immediately. William Hayworth, president and chief operating officer since June 2004, will become CEO, the co…
The website Iraq Pipeline Watch records 466 attacks on oil infrastructure or employees since 2003, and that is probably a fraction of the real total. …
HOUSTON, Texas, Jan. 31, 2008 (PRIME NEWSWIRE) — Linn Energy, LLC (Nasdaq:LINE) announced today that it has closed its previously announced acquisition of certain oil and gas properties from Lamamco Drilling Company for a contract price of $552 million, subject to post-closing adjustments.
Jeroen van der Veer, the chief executive, who described the results as “satisfactoryâ€Â, blamed increased costs on the fact that Shell’s upstream oil and gas …
The company said it intends to share technical resources and data with Chinese National Overseas Exploration Oil Company (CNOOC) and Sweden’s Lundin Petroleum.
CALGARY, Jan. 31 /CNW/ – EnCana Corporation (TSX, NYSE: ECA) will release its fourth quarter 2007 results on Thursday, February 14, 2008. The news release will provide consolidated fourth quarter op…