Oil and Gas

ArabianBusiness.comOman makes new oil and gas discoveriesNDTV.comFive of the wells encountered oil in the Gharif reservoir and these are currently being hooked up to the existing production network in the area as part of ...Oman Sees Rising Oil Output on

Globe and MailFalkland Battle Lines Form Over Jurassic Oil Search: Week AheadBusinessWeekThese are deeper than most of the world's offshore discoveries, according to New York-based Bernstein Research, an investment research company. Crude oil

(Adds more background and comment from Mitsui official.) Of DOW JONES NEWSWIRES TOKYO -(Dow Jones)- Mitsui & Co. (8031. TO) said Tuesday it will invest about $ 1.4 billion to take part in a shale gas development project in Pennsylvania, in hopes of

Feeling the pinch: the euro is struggling against the dollar Oil skipped over $75 per barrel, up more than $1, today, responding to a euro struggling higher against the dollar and supported by tensions over pressure for more sanctions against Iran. US

Desert joy: for OMV related stories related media Austrian producer OMV has notched up its fifth successive discovery on the Jenein Sud Block, in Tunisia, logging gas and condensate in the Fella-1 well. The well, drilled in the Nawara concession, reached

Go ahead: from Ireland for Providence Resources related stories Irish explorer Providence Resources has been licensed to develop a heavy oil discovery offshore Ireland, it said today. Initial estimates suggest the Baltimore discovery in the North Celtic

Oil skipped over $75 per barrel, up more than $1, today, responding to a euro struggling higher against the dollar and supported by tensions over pressure for more sanctions against Iran.

Desert joy: for OMV related stories related media Austrian producer OMV has notched up its fifth successive discovery on the Jenein Sud Block, in Tunisia, logging gas and condensate in the Fella-1 well. The well, drilled in the Nawara concession, reached

By Steve Goldstein, MarketWatch LONDON (MarketWatch) -- Royal Dutch Shell on Tuesday outlined a proposal that would prevent a repeat of a controversial long-term bonus award and would give more shares to its CEO, Peter Voser. In a letter from Shell's

Oman's biggest oil producer Petroleum Development Oman (PDO) has announced the discovery of three oil fields and a large gasfield. Following an ambitious exploration programme in central Oman, PDO has made a major oil discovery at Al Ghubar South, close

TOKYO, Feb. 16 KYODO Showa Shell Sekiyu K.K. said Tuesday it will shut down a refinery factory of its subsidiary Toa Oil Co. next year to cut the group's domestic refining capacity by around 23 percent amid shrinking demand in Japan. Showa Shell Sekiyu

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Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- If you're in the Oil & Gas Industry, Jesus Davis has some bad news for you. Then again, depending on where you operate in the segment, he also has some good news. Davis, Industrial

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ConocoPhillips has appointed Robert Niblock as a new outside director. The election of Mr Niblock increases the total number of ConocoPhillips directors to 14, of which 13 are outside directors. ConocoPhillips has also announced two senior leadership

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Latin American oil and gas explorer and producer GeoPark Holdings boosted production by 86% in 2009. It said average production increased from 3,390 barrels of oil equivalent per day during 2008 to 6,320 boepd during 2009. Year-end exit oil and gas

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Business Secretary Lord Mandelson is today in Qatar, a country with one of the highest per capita incomes in the world. Lord Mandelson said: “As Qatar controls the third largest gas reserves in the world that means great opportunities for British firms