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Venezuela, Vietnam Sign 15 Pacts
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Friday, November 21, 2008 - Venezuela and Vietnam signed 15 industrial, energy and cooperation accords during the first visit ever by a Vietnamese president to Caracas.
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Oil Could Hit $35/Bbl Without Major OPEC Cuts
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Friday, November 21, 2008 - OPEC needs to cut 3 million barrels a day to compensate for the bleak global economic outlook, which is expected to result next year in the first contraction to oil demand since the early 1980s.
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Financial Woes Hinder Gazprom, TNK-BP Gas Field Deal
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Friday, November 21, 2008 - Gazprom's plan to buy TNK-BP's controlling stake, valued at $800 million, in a strategically important gas field called Kovykta is being hindered as the Russian giant struggles to come up with the necessary cash up front.
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| US Federal Court Cancels Shell's Alaskan Drilling Permit [11/21/2008] |
| Natural Gas from U.S. Shale Could Double [11/21/2008] |
| more Industry Headlines articles >> |
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| NPD Grants Revus Drilling Permit in PL 37 D [11/21/2008] |
| BPZ Commences Drilling New Well at Peru's Corvina Field [11/21/2008] |
| Fairfield to Purchase Acreage Near Dunlin Field [11/21/2008] |
| Hycarbex-American Energy Drills Yasin Block Exploratory Well [11/21/2008] |
| Stratic Highlights 3Q Ops, Pledges to Maintain Activity on Best Projects [11/21/2008] |
| Daybreak Starts Drilling Operations at East Slopes Prospect [11/21/2008] |
| Mogul Spuds First Well at Saskatchewan Walpole Properties [11/21/2008] |
| more Exploration articles >> |
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| Gazprom Commissions Pipeline for Eastern Russia Gasification [11/21/2008] |
| Texalta Turns on Taps at Completed Wordsworth East Well [11/21/2008] |
| $45MM North Dakota Gas Pipeline Proposed [11/21/2008] |
| GMX Completes First Haynesville Shale Horizontal Well [11/21/2008] |
| more Production articles >> |
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Legacy Reserves Approves 2009 Capital Budget
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Friday, November 21, 2008 - Legacy has secured commitments from two banks to increase the aggregate commitments under its credit facility to $410 million from the previous $383.76 million. The company has also approved its 2009 capital budget.
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Canadian Superior Increases Financing to $16MM
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Friday, November 21, 2008 - Canadian Superior has agreed to increase the size of the option under its previously announced financing issued today to increase the size of the total offering from $10,000,000 to $16,000,000.
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| Oilexco Files Amended Preliminary Prospectus [11/20/2008] |
| more Finance and Investing articles >> |
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CFPA Celebrates Arrival of 600th Rig, New Jacky Platform
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Friday, November 21, 2008 - CFPA is celebrating the arrival of the Ocean Pricess, the 600th rig to visit the Cromarty Firth service base, as well as the arrival of the Jacky platform, which is awaiting installation at a new oilfield close to the Beatrice field.
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| Eni Closes Acquisition of First Calgary [11/21/2008] |
| Wintershall Obtains Gov't Clearance to Acquire Revus Energy [11/21/2008] |
| Petrofac Launches Fourth Major Emergency Management Simulator in UK [11/21/2008] |
| Det norske, Revus Ink Offshore Transportation Deal [11/21/2008] |
| COSL's Self-Developed ELIS Snags Service Contract in Middle East [11/21/2008] |
| Seajacks to Provide Offshore Accomodation Unit for Sable Project [11/21/2008] |
| Manas Appoints New Independent Director [11/21/2008] |
| GulfMark Offshore Appoints New Officers to Strengthen Operations [11/21/2008] |
| Forest Gate Names New Directors [11/21/2008] |
| more Company Operations articles >> |
