Latest news
Exxon to make new oil and gas discoveries in the Gulf of Mexico
Two big oil and a natural gas discoveries were made in the Gulf of Mexico, emphasizing again the importance of this basin for the US crude oil production. Previously, oil and gas exploration operations were frozen by the U.S. government following a blowout at the BP Macondo well last year.
read more... 08/07/2011
GE won a $45 million oil rig contract
General Electric Co. won a 45 million dollars contract as to provide services for Chevron deep water oil drilling rig in the Gulf Coast.
read more... 07/07/2011
Kazakhstan to boost its oil exports
The construction of an oil pipeline started on Friday in Kazakhstan that will lead to an increase in oil exports from an oil field owned by the major energy company Chevron Corp. It marked the start of work enhancing the Caspian Pipeline Consortium route in the Western part of Kazakhstan.
read more... 05/07/2011
Exxon Mobil says oil leaked into Yellowstone River
Exxon Mobil Corp. announced a leak of about 1,000 barrel of crude oil into the Yellowstone River in Montana on Saturday, with 1 barrel of oil equivalent to 42 gallons (163 liters).
read more... 04/07/2011
Statoil makes new discovery near Oseberg
Norway’s Statoil ASA has discovered oil and condensate in the North Sea’s Krafla West prospect. Located around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters.
read more... 01/07/2011