Keyword: Oil

News

BG Makes Oil Find Off Norway

11.03.2010 - BG has made an oil discovery in the North Sea, the Norwegian Petroleum Directorate (NPD) said on Thursday. The find was located some 25 km northeast of the Snorre field, said the...

News

Crude Tumbles 5% on Strong Dollar

05.02.2010 - U.S. crude oil futures lost further ground on Thursday, posting the biggest one-day percentage loss since July, due to a stronger dollar and weak U.S. oil demand that raised more...

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Shell Sells Stake in Three Nigerian Oil Licenses

01.02.2010 - Royal Dutch Shell said it has agreed to sell its stake in three onshore oil licenses in Nigeria to a consortium consisting of two local firms and France's Maurel & Prom. The sale...