09.10.2012
- The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business...
09.10.2012
- China's Sinopec has started work to build Southeast Asia's largest oil storage terminal at Indonesia's Batam Free Trade Zone, industry sources said on Tuesday. The first phase of...
05.10.2012
- A pipeline and plant that would ship natural gas from Alaska's North Slope to international markets could cost between $45 billion and $65 billion, according to the companies...
04.10.2012
- Kazakhstan plans to begin processing some of its crude oil in China this year to make up for a shortfall in domestic refining capacity, a senior government official said on...
04.10.2012
- The billionaire quartet that owns half of TNK-BP, will make a "competitive" offer for BP's 50 % stake in the Anglo-Russian oil firm by Oct. 17, German Khan, one of the tycoons in...
03.10.2012
- Asian oil importers will pay lower premiums for their shipments as a shale oil boom diverts more barrels from the United States to the world's biggest net oil buying region over...
02.10.2012
- Norway's Statoil has dropped plans to expand its Snoehvit natural gas field in the Arctic due to insufficient reserves, raising the chance it will back the building of a pipeline...
02.10.2012
- Strategic reserves of oil should be kept for true supply shocks seven top Republicans in the U.S. Senate told President Barack Obama on Monday, urging the White House to avoid...