Latest news
Rosneft and BP become partners in a German Joint Venture
The British energy giant BP announced Rosneft as its new partner in its German refining joint venture, Ruhr Oel GmbH (ROG). Their partnership started in October last year, when the Russian company bought the stake of 50 per cent from PdVSA of Venezuela, BP’s former partner.
read more... 06/05/2011
Daily Energy Overview, Friday, March 04, 2011
U.S. crude oil futures prices traded down on Thursday as Venezuelan suggestion to resolve the continued civil unrest in Libya pushed traders to book profits in spite of doubts if such a proceed would work.
read more... 04/03/2011
Eni and Repsol explore natural gas fields in Venezuela.
Italian oil and gas company, Eni, and its Spanish partner Repsol plan to start their common natural gas production at Perla in Venezuela in the second half of 2013.
read more... 16/11/2010
TNK-BP wants to expand further.
The Russian company that is a mixture between BP and Russian investors is looking to acquire BP’s assets in Algeria, after entering negotiations for other BP assets in Vietnam and Venezuela.
read more... 07/10/2010
Belarus looking for oil imports through Latvia.
Belarus is trying to find solutions to import Venezuela crude, as it has entered negotiations with Latvia. Two test loadings have already been delivered to Belarus through Latvian and Estonian ports; thereby Minsk showed its interest in further cooperation with Latvia.
read more... 27/09/2010