Pemex has been working on the contracts since Mexico's Congress passed reforms [...]
Private oil cos contracts ready by early '10-Pemex
MEXICO CITY (Reuters) - Contracts that will allow Mexico to hire private energy companies as service providers in its traditionally closed oil sector will be ready early next year, the head of state oil company Pemex said on Friday.
Pemex has been' [...]
THE start of work on a giant gasfield in the Russian Arctic will be delayed because of cost and financing problems, according to Total, the French oil company, one of Gazprom's partner in the $US20 billion ($22bn) project. The final investment decision for the Shtokman field, which will extract gas [...]
Spending at onshore Chicontepec would fall to 21.1 billion pesos ($1.6 billion) from a proposed 27.1 billion pesos [...]
Aramco now is exploring in every corner of the kingdom, Abdulla al-Naim said in an interview in Doha, Qatar, today. Our exploration is spread [...]
Chinas third-largest oil company may expand its output in the area to 20 million cubic meters [...]
The company cut the price of its Arab Extra [...]
By Andrew Willis
There’s a deafening silence surrounding ConocoPhillips (COP) as the U.S. oil company fields offers for its stake in the Syncrude oil sands property.
The project, which involves building a man-made causeway to 27 shallow-water drilling islands, will eventually produce 900,000 barrels a day of heavy crude [...]
"Alternative energy sources hold promise in the long-term, and we should pursue their development" [...]
Demand will fall by about 2 million barrels a day this year as the recession [...]
