Latest news
OPEC maintains output quotas
The Organization of Petroleum Exporting Countries (OPEC) decided on Saturday at an extraordinary meeting in Quito to maintain current quotas for its production.
read more... 13/12/2010
Daily Market Update, Mercoledi 24 Novembre 2010
Mercoledì il petrolio è aumentato a quasi 82 dollari il barile, recuperando dalle perdite della sessione precedente, sulle aspettative di aumento della domanda negli Stati Uniti.
read more... 24/11/2010
China National Petroleum Corp in a multi-billion project in Cuba.
State-owned Chinese company, China National Petroleum Corp (CNPC) plans big investments in 2011, intending to build a refinery, a LNG terminal and an electricity generation plant worth a total of $6 billion, which is supposed to be one of the biggest projects in Cuba.
read more... 24/11/2010
France refineries to resume its activity
Fuel deliveries, restarted at 4 of France’s 12 oil refineries Tuesday, help to consolidate shortages of petrol. Exxon Mobil restarted the refined products deliveries stored at Fos-sur-Mer and Port-Jerome refineries, and at Petroplus' Reichstett plant, after workers decided to end their protests.
read more... 27/10/2010
Regal considers leaving Ukraine.
The oil British explorer, Regal Petroleum, announced that due to its poor performances in Ukraine, it plans to execute a strategic review, as CEO David Greer quit, and Chairman Keith Henry took over.
read more... 01/10/2010