Keyword: oil industry

News

Saudi Aramco Starts Up Giant Manifa Oilfield

15.04.2013 - Saudi Aramco has started pumping oil from its giant Manifa field in the Gulf, allowing the world's biggest oil exporter to relax production from some of its mature fields onshore...

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Jury Finds Exxon Liable for $236.4 Million in U.S. Pollution Suit

10.04.2013 - A New Hampshire jury on Tuesday found Exxon Mobil liable for $236.4 million in a civil lawsuit that charged the oil company had polluted groundwater in the state with a gasoline...

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Gazprom Neft, Shell to Team Up on Shale Oil, Arctic

05.04.2013 - Gazprom Neft and Royal Dutch Shell will agree to drill for shale oil in Western Siberia and explore Russia's Arctic shelf when President Vladimir Putin visits the Netherlands next...

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BG Bosses Skip Bonus as 2012 Troubles Shadow Chapman Exit

04.04.2013 - Former chief executive Frank Chapman and other top bosses at BG Group will get no performance bonus for 2012 because of the weakened position of the company, even though they met...

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Shell Puts Its Geelong Australia Refinery Up for Sale

04.04.2013 - Royal Dutch Shell put its Geelong oil refinery in Australia up for sale as mounting competition from Asia and reduced margins hammer the country's crude processors. The refinery...

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BP Puts U.S. Wind Farm Arm Up for Sale

03.04.2013 - BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments while...

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BP to Go Ahead With $500 Million Shetlands Investment

28.03.2013 - British oil group BP is pressing ahead with a $500 million-plus investment in the Shetland Islands, a shot in the arm for the government's efforts to revive the North Sea oil...

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Wintershall Makes Oil Discovery in Danish North Sea

25.03.2013 - Germany's Wintershall has made what it says could be a major oil discovery in the Danish North Sea, pending appraisal drilling. Wintershall, the exploration arm of chemicals group...