Joao is a writer for Oilprice.com
Summing up the results of Russian-Chinese negotiations in Beijing Russian Federation Prime Minister Vladimir Putin told journalists that the two nations were close to signing…
China’s Petrochemical Corp., also known as the Sinopec Group, has agreed to buy Canadian oil and gas explorer Daylight Energy Ltd. for $2.1 billion. The Sinopec…
Kenyan Prime Minister Raila Odinga, visiting the Norwegian capital Oslo for a two day visit, is attending a conference organized by the Norwegian government and…
Nigeria’s Institute of Public Relations criticized the government’s decision to end fuel subsidies for the populace, noting that many Nigerians live below poverty level and…
According to a Japanese government source, speaking on condition of anonymity, Tokyo intends to increase its bases for stockpiling crude oil and petroleum products to…
Malaysia’s KNM Group BHD and Russia’s Lukoil Uzbekistan Operating Company have signed $71.63 million contracts with the Uzbek government for equipment supply. The majority of…
Indonesian Atlas Resources is readying a $167 million initial public offering to help finance building supporting infrastructure in its Sumatra coal mining hubs in Muba…
A Sanford C. Bernstein and Co. report has stated that China National Offshore Oil Corp., China’s top offshore oil producer, is likely to miss 2011…
Speaking at a renewable energy fair in the Vietnamese capital Hanoi, Vietnam’s National Agency for Science and Technology Information Deputy head Le Thi Khanh Van…
Iranian President Mahmoud Ahmadinejad has approved a $5 billion credit line for Iran’s Oil Ministry, which sets aside $4.3 billion for the development of projects…
According to recent reports published by the U.S. Energy Information Agency, Uruguay could have recoverable natural gas reserves as high as 588 billion cubic meters,…
Following newly elected Burmese President Thein Sein’s decision to halt the Myitsone dam hydroelectric project on the Irrawaddy River, Burmese activists now want him to…
Egyptian Petroleum Minister Abdullah Ghorab said that his country will soon finish drafting a new contract for natural gas exports to Israel, adding that the…
Spain’s government is concerned that Repsol-YPF, Spain’s largest oil company could revert to foreign ownership. Madrid’s concerns have been heightened by recent international market trades…
The Tokyo Electric Power Co., still coping with the aftermath of the 11 March earthquake and tsunami that damaged its six-reactor Fukushima nuclear power complex,…
In the wake of a massive inferno at its Singapore Pulau Bukom refinery, which processes 500,000 barrels a day, Shell declared force majeure, allowing it…
The Deputy Governor-general of China's Hebei province Zhang Qingwei, following a meeting with the Governor-general of Iran's East Azerbaijan province Alireza Beigi, said that China…
Japan’s 11 March nuclear debacle at Tokyo Electric Power Co.’s Fukushima six reactor complex has renewed Japan’s interest in alternative power sources. As an energy-poor…
Britain’s Tullow Oil Plc, has announced new oil find at its Enyenra-3A well in Ghana. Tullow Oil Plc is the lead partner in Ghana's massive…
Israel’s relations with Turkey have deteriorated since 31 May 2010 when Israeli Naval Special Forces commandos killed nine activists, including eight Turkish citizens and U.S.…