BAGHDAD — Iraq announced on Wednesday that it would begin a second round of bids to license international oil companies to develop 11 oil and gas fields or groups of fields.
Iraq’s oil minister, Hussain al-Shahristani, said at a news conference that he hoped that these fields could be producing 2 to 2.5 million barrels of [...]
BAGHDAD, Dec 30 (Reuters) - Iraq will put 10 oil fields up for tender in a new round of bidding for international contracts that opens on Wednesday, the oil minister said.
In comments on state-owned Iraqiya TV late on Monday night, Oil Minister Hussain al-Shahristani said the fields would include “giant discovered but undeveloped oil [...]
By CHRIS KAHN
Oil prices dipped below $38 a barrel Tuesday on fresh evidence of weakness in the U.S. housing market and a shrinking gross domestic product that suggests the recession may be worsening.
A report by the Commerce Department showed that sales of new homes fell in November to the slowest pace in nearly 18 years, [...]
Business First of Columbus - by Jeff Bell
Tim Crawford’s faith in what he thinks is a fundamental truth in the energy business seems to sustain him as oil and natural gas prices tumble and stock values fall.
“Everyone has to fill their gas tank and heat their home,” said the CEO of Capital City Energy Group [...]
Overview:
Headquartered in Houston, Texas, CNAEP provides crucial energy resources to North America. With more than 5,000 employees, we are exploring for and producing energy from the frozen Arctic to the depths of the Gulf of Mexico.
The Development Geophysicist – Cook Inlet Gas Asset Development will be a part of MidContinent/Alaska (MCA) Business Unit. The MCA [...]
TEHRAN, Iran (AP) — Three weeks ago, a hard-line cleric close to Iran’s president gloated publicly that the world financial crisis was God’s punishment on the United States. The laughter, however, was short-lived.
Iran plunged this week into a bitter storm of political recrimination, largely directed at President Mahmoud Ahmadinejad, as officials and ordinary Iranians realized [...]
BEIJING, Oct. 28 (Xinhua) — China National Offshore Oil Company Limited (CNOOC Ltd.) announced Tuesday that its net oil and gas output in the third quarter of 2008 rose by 15.2 percent over the same period last year.
The state-owned offshore oil producer said that its unaudited total revenue was 30.9 billion [...]
By SEBASTIAN ABBOT
BAGHDAD (AP) — Recurrent violence in oil-rich parts of Nigeria may provide a sobering lesson for oil companies hoping to work in Iraq — a place that is much more dangerous despite the fact that attacks are at their lowest level in more than four years.
Representatives of 35 international oil companies will meet [...]
DUBLIN, Ireland, Oct 02, 2008 (BUSINESS WIRE) — Research and Markets has announced the addition of the “Argentina Oil and Gas Markets Investment Opportunities, Analysis and Forecasts to 2020″ country profile to their offering.
This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the [...]
The Associated Press
BAGHDAD: Iraq’s Oil Ministry says it has dropped British oil company Premier Oil PLC from a group that qualified for the chance to develop the country’s largest oil and gas fields.
A ministry official says the company failed to submit documents required for it to compete in a bid due to start next month.
As [...]
