Latest news
Gazprom will be a partner of Petronas in the Cuba project.
Gazprom Neft, the oil unit of Russian energy company Gazprom, will hold 30% stake in a Cuban oil project, operated by Malaysia's Petronas's, in order to explore and develop four blocks in the Gulf of Mexico.
read more... 17/11/2010
Oil prices move towards $82 per barrel
Oil prices are rising fast on hurricanes threatening to enter the Gulf of Mexico and the falling US crude oil inventories.
read more... 04/08/2010
$256 million paid by BP to claimants who have lost profit due to oil spill
BP paid up till now $256 million for claims on the profit loss due to the oil spill in the Gulf of Mexico, payments that started to be made on May 3rd. The
read more... 30/07/2010