Latest news
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
France recovers its gasoline stocks
France recovers, step by step, its gasoline stocks, receiving fuel from a vessel at one of the northern ports of France, while expecting another ship coming to deliver more, according to industry sources.
read more... 26/10/2010
Statoil is ready to sell 40% in Statoil Fuel & Retail
Statoil, Norwegian oil firm, expects the initial public offering to increase, the value of its filling stations unit, by $725 million, above the values sated before.
read more... 19/10/2010
Russia to build its firs biofuel plant in Siberia
State-owned Russian Technologies corporation plans to start building the country's first biofuel plant next year in Siberia. The company has signed all the agreements and will start building the plant from March-April, and the project will be finished by the end of the year.
read more... 15/09/2010
Exploration assets sold by Petrom in Russia
The major oil and gas group in Romania, Petrom, owned mostly by Austrian OMV, sold 75% of exploration assets in Ring Oil to its minority partner Mineral and Bio Oil Fuels Limited in Russia, since it focuses mainly on the Romanian and Kazakh activities. The total value of the transaction was not disclosed.
read more... 07/09/2010