Keyword: oil industry

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OPEC Output Hits New High in May

29.05.2012 - OPEC output in May has hit its highest since 2008 as Saudi Arabia maintained high production rates despite a drop in prices and Iranian shipments did not fall substantially further...

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Putin Orders Rosneftegaz Assets Sale in 2013-2015

24.05.2012 - Russian President Vladimir Putin on Thursday ordered the government to approve a plan to sell state assets in 2013-2015 in the holding Rosneftegaz, which manages stakes in Gazprom...

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Wintershall Unfazed by Argentina's Repsol Row

22.05.2012 - Germany's Wintershall , the oil and gas arm of chemicals group BASF, said on Monday it was unperturbed by the enforced nationalisation of Argentine oil company YPF, having just...

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BHP Leaves Door Open to U.S. Shale Gas Write-down

14.05.2012 - BHP Billiton's petroleum chief executive left the door open to the possibility of a write-down on the company's U.S. shale gas assets on Monday, but defended their long-term value...

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PetroChina in Talks to Buy Valero's Aruba Refinery

10.05.2012 - PetroChina is in talks to buy Valero Energy's shuttered refinery in Aruba, sources said, the latest move by China's oil giants to take advantage of a global refining downturn to...

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ConocoPhillips Looking to Exit Nigeria

10.05.2012 - U.S. oil group ConocoPhillips has hired BNP Paribas to help sell its Nigerian assets, including on-shore, off-shore oil and gas fields and a stake in its LNG Brass facility...

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Chevron Profit Rises 4%

27.04.2012 - Chevron, the second-largest U.S. oil company, reported a slightly higher-than-expected quarterly profit as rising oil prices and refining margins made up for a decline in oil and...

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Water Industry Opens New Markets for Investors

15.11.2011 - Oil and water may not mix, but managing water — moving it, filtering it, recycling it and ultimately exhausting it — is one of the fastest growing sectors of the oil and gas...