Latest news
New oil reserves discovered at Tybalt
Valiant Petroleum, a British oil and gas company, announced the discovery of new oil reserves in Tybald region, situated in British North Sea area.
read more... 01/06/2010
Oil ends the week with gains
High volatility is observed this week on world oil market.
read more... 28/05/2010
Oil prices recovered from Tuesday’s session
Oil prices recovered from the 67 $ low on Tuesday increasing by 3%.
read more... 26/05/2010
Eni’s stake in GreenStream pipeline cut to 50%
The oil and gas most important company in Italy, Eni, has decided to cut its participation from 75% to 50% in the company GreenStream BV which manages a pipeline transporting gas from Libya to Italy, according to the officials of both societies.
read more... 25/05/2010
Total and ERG merger is approved by EU
French most important oil company Total and its Italian counterpart ERG Petroleum, had received UE’s permission for their merger in refining and marketing fields, which will take place in Italy.
read more... 24/05/2010