Latest news
Massive sale of European refineries
Several European oil and chemical companies stated to be ready to sell their domestic refineries.
read more... 30/07/2010
$256 million paid by BP to claimants who have lost profit due to oil spill
BP paid up till now $256 million for claims on the profit loss due to the oil spill in the Gulf of Mexico, payments that started to be made on May 3rd. The
read more... 30/07/2010
New Joint Venture between Novatec and Gazprom to develop Yamal gas and oil field
Novatec formed a Joint Venture with the Russian energy state company Gazprom to develop the Yamal oil and gas field. Each company holds 50% in the venture.
read more... 29/07/2010
Oil prices cannot break through $80 barrier
The oil prices failed to break the $80 mark resistance. After a short rally last sessions, the crude barrel ended with gains up to $79, after the release of new economical data
read more... 28/07/2010
Petroceltic suspends its activity in Italian offshore zones
Petroceltic, the oil and gas exploring company, suspended its drilling activities in Italy due to the uncertain situation of offshore drillings in this country.
read more... 21/07/2010