ABB won the contract to install and maintain telecommunication systems on Statoil offshore operation, a $23 million worth deal, for the next three years, with the option to extend the period one more year.
read more... 08/07/2010
According to technical analysts, the crude may drop below $57 per barrel in the next 6 months.
read more... 05/07/2010
Poweo signed a 20-year deal with Norwegian oil company Statoil to supply the Toul plant, one of its power plants running on gas.
read more... 28/06/2010
Oil prices decreased the second day consecutively on Wednesday after unpredicted increase in US crude and gasoline inventories, reported by an industry report.
read more... 24/06/2010
Turkey is planning to meet oil companies that ship oil from Black Sea to major world markets through Turkish straights Bosfor and Dardanelles.
read more... 23/06/2010