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  1. General Oil News
 17 May 2008 : Petronas unit may re-issue $309 mln tender-paper  {Yahoo}
Petronas Carigali, a wholly-owned subsidiary of Malaysia's national oil firm Petronas [PETR.UL], may re-issue a . . .
 
 16 May 2008 : South Korea joins race for Turkmen gas   {Reuters}
South Korea, dependant on energy imports, told Turkmenistan on Friday it wanted to step up cooperation with . . .
 
 16 May 2008 : Japan and US in talks to expand gasoline exports  {energydigital.net}
The US, the world’s biggest oil consumer, is in talks with Japan and several oil companies to seal an agreement which will . . .
 
 16 May 2008 : Exxon Chief criticizes U.S. oil policy  {Wall Street Journal}
Exxon Mobil Corp. Chairman and Chief Executive Officer Rex Tillerson says he finds it "astonishing" that . . .
 
 16 May 2008 : Bush set to talk oil with Saudis  {The Age}
US President George W Bush was wrapping up a visit to Israel on Friday before heading to the world's biggest crude producer . . .
 
More news on General Oil News | ^Jump to the top^
  2. Oil Prices
 17 May 2008 : Bush fails to win Saudi help on gas prices  {Yahoo}
President Bush failed to win the help he sought from Saudi Arabia to relieve skyrocketing American gas prices Friday, a . . .
 
 17 May 2008 : Oil prices rise to new records  {courant.com}
Oil prices shot to new highs again Friday as traders, unimpressed by U.S. and Saudi efforts to boost supply, kept buying on the . . .
 
 16 May 2008 : Oil rallies to new high near $128  {Interactive Investor}
Oil shot to a record high near $128 on Friday after Goldman Sachs, the most active investment bank in energy markets, raised sharply its . . .
 
 16 May 2008 : Oil could hit $400 if US attacks   {Business Day}
Venezuelan President Hugo Chavez said yesterday that crude oil would rise to “$400 or $500 a barrel” if the US attacked his . . .
 
 16 May 2008 : Oil prices higher in Asian trade   {Yahoo}
World oil prices rose in Asian trade Friday amid tight global supplies and as investors continued to buy into the . . .
 
More news on Oil Prices | ^Jump to the top^
  3. Oil Exploration
 17 May 2008 : Oil cos seek MEA help in tapping Latin America  {Economic Times}
With the oil race intensifying all over the world, domestic oil companies have asked the ministry of external affairs for help in tapping the . . .
 
 16 May 2008 : Namibia: UK firm says struck oil in Namibia  {Afriquenligne}
UK oil exploration firm Tower Resources said on Frida y that seismic data interpretation had confirmed the presence of . . .
 
 16 May 2008 : RIL likely in talks with 3 Cos for oil blocks  {Nasdaq}
Friday, the media reported that Reliance Industries is likely in talks with three mid-sized companies for bid for oil and . . .
 
 16 May 2008 : Block M oil exploration revealed at meeting  {brudirect.com}
Upcoming oil exploration activities at onshore Block M, covering 3,011 square kilometres mainly within the Labi area in . . .
 
 16 May 2008 : Exploration firm fired up over Casino gas find  {The Northern Star}
The cattle industry may have contributed to Casino being the region's methane capital, but a different kind of methane could be . . .
 
More news on Oil Exploration | ^Jump to the top^
  4. Oil Demand & Consumption
 16 May 2008 : Oil supplies match demand: Saudi  {Economic Times}
Global oil supply is balanced with demand and market fundamentals are sound, Saudi Arabia's oil minister said on . . .
 
 16 May 2008 : Al-Naimi expects big oil demand from Asia  {Arab News}
Petroleum and Mineral Resources Minister Ali Al-Naimi said yesterday that Asian oil consumption was projected to increase by . . .
 
 17 May 2008 : Research: Thailand needs measures to reduce oil consumption  {mcot.net}
The Thai government should launch immediate measures aimed at reducing oil consumption in the country systematically and to also cushion an . . .
 
 17 May 2008 : Call for national agenda to cut oil consumption  {The Nation}
Thailand should establish a national agenda for reducing oil consumption amid the current environment of soaring oil and . . .
 
More news on Oil Demand | More news on Oil Consumption | ^Jump to the top^
  5. Oil Output
 17 May 2008 : Iran criticizes Saudi Arabia for oil production increase  {Monsters & Critics}
Iran on Saturday criticized a decision by Saudi Arabia to increase its oil production, Fars news agency reported. While terming the . . .
 
 17 May 2008 : Iran will not increase oil output, says minister   {gulfnews.com}
Iran on Saturday said it will not increase oil output and dismissed Saudi Arabia's decision to boost oil output as a . . .
 
 17 May 2008 : Saudi oil production unchanged  {baltimoresun.com}
Saudi Arabia's leaders made clear yesterday that they see no reason to increase oil production until . . .
 
 17 May 2008 : Bush halts oil reserve purchases  {Washington Post}
The Bush administration yesterday halted purchases of crude oil for the nation's Strategic Petroleum Reserve, reversing its policy on the . . .
 
 16 May 2008 : UAE increasing oil production   {worldtribune.com}
The United Arab Emirates has been quietly increasing crude oil production. The International Energy Agency reported that . . .
 
More news on Oil Output | ^Jump to the top^
  6. Oil Transportation
 17 May 2008 : Final talks on gas pipeline next week  {Gulf Times}
Pakistan and Iran will hold a final round of talks on the $7.5bn Iran-Pakistan-India (IPI) gas pipeline deal in Tehran on . . .
 
 17 May 2008 : Mackenzie pipeline delayed by report  {canada.com}
A key regulatory report for the $16.2-billion Mackenzie Valley gas pipeline is being delayed by several months, likely pushing the . . .
 
 16 May 2008 : Coastal lands RM201m vessel deal   {The Edge Daily}
Coastal Contracts Bhd subsidiary Thaumas Marine Ltd has clinched orders for two offshore support vessels (OSV) worth . . .
 
 16 May 2008 : Rabaska signs letter of intent with Gazprom for LNG supply   {cjbk.com}
Russian energy giant Gazprom plans to enhance its North American presence by partnering with Canadian pipeline companies . . .
 
 15 May 2008 : Planners for 33-mile natural gas link seek approval  {Red Orbit}
A Houston, Texas-based pipeline operator has contacted area landowners seeking permission to survey their properties for . . .
 
More news on Oil Transportation | ^Jump to the top^
  7. Oil Companies
 17 May 2008 : Aramco, KPC take $30bn downstream investment plunge  {Zawya}
Saudi Aramco and Kuwait's state-owned KPC have breathed new life into the Gulf's planned downstream expansion surge with . . .
 
 17 May 2008 : Nigerian state oil firm, French group sign financial deal  {People's Daily Online - China}
Nigeria's state-run oand French group Elf Petroleum Nigeria Limited (EPNL) have signed a 1 billion-U.S. dollar financial . . .
 
 17 May 2008 : Total CEO says to use cash on new oil projects  {Yahoo}
Total reported a net profit of 12.2 billion euros ($18.9 billion) - PARIS, May 16 - Total will use its cash to fund new large-scale oil and . . .
 
 16 May 2008 : Penny energy stock soars on oil and gas permits  {}
St. Lawrence exploration permits generated some speculator excitement Friday, while a broadband play popped on surging . . .
 
 16 May 2008 : Exxon denies endangering whales in Russian Far East  {Russian News & Information Agency}
An Exxon Mobil subsidiary operating the Sakhalin-1 oil and gas project in Russia's Far East has rejected . . .
 
More news on Oil Companies | ^Jump to the top^
  8. Oil Contracts
 16 May 2008 : Iraqi Kurdish government signs oil contract with Australian company - Paper  {Red Orbit}
An oil field has been found in the Shakal village in the Administrative District of Kalar [south of Sulaymaniyah] which is . . .
 
 16 May 2008 : Shell and Tatneft to set up a joint venture   {russia-ic.com}
Shell figures on forming a joint venture with Tatneft, Russian oil and gas company, to explore and develop heavy oil fields in . . .
 
 15 May 2008 : ENAP, Methanex Petition Chile for E&P of Dorado-Riquelme block  {petroleumworld.com}
Empresa Nacional del Petroleo (ENAP) and Methanex Chile today signed an agreement to request Chile's Ministry of Mining for a . . .
 
 15 May 2008 : EDP signs contracts for gas, wind, thermal power with Venezuela's PDVSA   {Forbes}
EDP Energias de Portugal, SA has signed three agreements with Venezuelan state-owned oil and gas company PDVSA covering the . . .
 
 15 May 2008 : Korea, Kazakhstan sign oil exploration deal   {chosun.com}
Korea and Kazakhstan on Wednesday agreed to jointly explore the Zambil Mine in the northwestern Caspian Sea. The . . .
 
More news on Oil Contracts | ^Jump to the top^
  9. Oil Stocks
 17 May 2008 : Congressional pressure prevails as U.S. halts filling of oil reserve  {The New York Times}
Bowing to pressure from Congress, the Energy Department said Friday that it would temporarily suspend a program to . . .
 
 16 May 2008 : US stocks: Futures boosted by energy companies, Nordstrom   {Sify}
U.S. stock index futures rose on Friday, after upscale department store chain Nordstrom Inc reported earnings that topped Wall Street estimates and . . .
 
 16 May 2008 : Natural gas stocks weigh on oil prices  {canada.com}
Oil prices fell Thursday as a big increase in U.S. natural gas stocks weighed on energy markets, spurring profit-taking from . . .
 
 16 May 2008 : Oil slips on natural gas stock buildup, profit-taking  {inquirer.net}
Oil prices fell Thursday as a big increase in US natural gas stocks weighed on the energy complex, spurring . . .
 
 15 May 2008 : DNO gains on hopes of Iraq oil exports  {Reuters}
Shares in Norwegian energy group DNO International jump 4.3 percent to 10.51 crowns on renewed hopes that it would receive in 2008 a permit to . . .
 
More news on Oil Stocks | ^Jump to the top^
  10. Oil Pollution
 17 May 2008 : Double-hull bill advances in Congress  {examiner.com}
A federal bill intended to avert catastrophic oil spills like the one in San Francisco Bay in November passed a . . .
 
 16 May 2008 : Oil spill plan in place, just in case with Carissa  {kcby.com}
With the removal of the New Carissa shipwreck approaching, the Department of State Lands is working on addressing a big . . .
 
 16 May 2008 : Bill aims to prevent ‘another Exxon Valdez'  {newsminer.com}
The U.S. Senate Commerce, Science and Transportation Committee approved a bill Thursday that would require non-oil carrying vessels to have . . .
 
 15 May 2008 : Crews still cleaning up big oil spill  {wickedlocal.com}
State and federal environmental officials, along with private engineering and waste disposal firms, continue to try and contain and clean up an . . .
 
 14 May 2008 : 1,500 gallons of gs spill into SF Bay  {cbs2chicago.com}
The Coast Guard says about 1,500 gallons of gasoline and diesel fuel has spilled into San Francisco Bay after a tugboat hit a . . .
 
More news on Oil Pollution | ^Jump to the top^
  11. Opec News
 17 May 2008 : Opec plans will not affect oil prices   {Business Report}
Major crude oil producer Iran said on Saturday that any output hike by the Organisation of Petroleum Exporting Countries as . . .
 
 17 May 2008 : Ecuador oil min: Favors OPEC raising output to lower prices  {ino.com}
Ecuador's Oil Minister, Galo Chiriboga, said Friday that the Organization of Petroleum Exporting Countries, or OPEC, should raise oil production to . . .
 
 16 May 2008 : OPEC crude price inches up towards USD 119 mark  {newkerala.com}
The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) climbed . . .
 
 16 May 2008 : Venezuela's Chavez says Cuba, Brazil may join OPEC on output  {sun-sentinel.com}
Venezuela supports the entry of Brazil and Cuba into the Organization of Petroleum Exporting Countries as their . . .
 
 16 May 2008 : Ecuador leader says OPEC should mull higher output  {Reuters}
Oil cartel OPEC should consider raising output because record high prices are hurting poor nations, Ecuadorean President . . .
 
More news on Opec News | ^Jump to the top^
  12. Biofuels
 17 May 2008 : Biofuels strengthen case for GM crops   {MSN}
Genetically modified plants would make better feedstock for biofuels than the current generation of crops used for fuel, says . . .
 
 16 May 2008 : Brazil to launch international pro-ethanol campaign   {The Earth Times}
The Brazilian government plans to launch an international campaign to defend the use of ethanol as an alternative to oil-derived fuels, a . . .
 
 16 May 2008 : Biofuel oil production helps stem drastic jump in oil cost by 15 percent  {AHN}
Soaring food prices had led to a global debate on the wisdom of using food crops as feedstock for biofuel production. From being . . .
 
 16 May 2008 : Growth of ethanol industry likely to boost competition for corn  {iowafarmer.com}
Ethanol plant construction likely will change how corn moves in Iowa and throughout the country. “It just changes everything,” Chris Hurt, a Purdue . . .
 
 16 May 2008 : Bio-jet fuel plan from Airbus, Honeywell  {The New Zealand Herald}
Plane maker Airbus and manufacturer Honeywell say they are developing a biofuel that by 2030 could satisfy nearly a third of the . . .
 
More news on Biofuels | ^Jump to the top^

  Oil & Gas Conferences in the next 30 days
^Jump to the top^
 Mediterranean Offshore Conference & Exhibition 2008 :   From 20th May 2008 to 22nd May 2008 at Alexandria.
 Nigeria Gas 2008 :   From 20th May 2008 to 23rd May 2008 at Abuja.
 Navalia 2008 :   From 20th May 2008 to 22nd May 2008 at Vigo.
 Scandinavian Oil and Gas :   From 21st May 2008 to 22nd May 2008 at Oslo.
 30th Annual Propulsion & Emissions Conference 2008 :   From 21st May 2008 to 22nd May 2008 at Gothenburg.
 Middle East Petrotech 2008 :   From 25th May 2008 to 28th May 2008 at Manama.
 5th MidEast Upstream 2008 :   From 27th May 2008 to 28th May 2008 at Dubai.
 Africa/Middle East Oil & Gas Flow Assurance Summit 2008 :   From 27th May 2008 to 28th May 2008 at Cairo.
 Handysize & Handymax Markets 2008 :   From 27th May 2008 to 29th May 2008 at Bangkok.
 Shipping Finance Asia 2008 :   From 27th May 2008 to 29th May 2008 at Singapore.
 CIS Oil & Gas Summit :   From 28th May 2008 to 30th May 2008 at Paris.
 Next Gen Bio-Ethanol :   From 28th May 2008 to 29th May 2008 at Geneva.
 Advanced Contract Risk Management in Upstream Oil & Gas :   From 28th May 2008 to 30th May 2008 at Texas.
 18th European Symposium on Computer Aided Process Engineering :   From 1st June 2008 to 4th June 2008 at Lyon.
 APEC Biofuels Summit 2008 :   From 1st June 2008 to 3rd June 2008 at Qingdao.
 MENA Drilling Technology Forum :   From 1st June 2008 to 4th June 2008 at Doha.
 16th European Biomass Conference & Exhibition :   From 2nd June 2008 to 6th June 2008 at Valencia.
 Posidonia Exhibition :   From 2nd June 2008 to 6th June 2008 at Piraeus.
 Caspian Oil & Gas 2008 :   From 3rd June 2008 to 6th June 2008 at Baku.
 Power-Gen Europe 2008 :   From 3rd June 2008 to 5th June 2008 at Milan.
 Asia Oil D&R 2008 :   From 3rd June 2008 to 4th June 2008 at Beijing.
 OGIS London :   From 3rd June 2008 to 3rd June 2008 at London.
 Europe Upstream 2008 :   From 4th June 2008 to 5th June 2008 at London.
 Biofuels International Expo & Conference :   From 4th June 2008 to 5th June 2008 at Rotterdam.
 Strategic Plant Reliability&Maintenance Management :   From 5th June 2008 to 6th June 2008 at Bangkok.
 13th Annual Asia Oil & Gas Conference :   From 8th June 2008 to 10th June 2008 at Kuala Lumpur.
 70th EAGE Conference & Exhibition incorporating SPE EUROPEC 2008 :   From 9th June 2008 to 12th June 2008 at Rome.
 Global Petroleum Show 2008 :   From 10th June 2008 to 12th June 2008 at Calgary.
 Global Petroleum Career Exposition :   From 10th June 2008 to 12th June 2008 at Calgary.
 World Biofuels Forum 2008 :   From 10th June 2008 to 11th June 2008 at Prague.
 JatrophaWorld 2008 :   From 10th June 2008 to 11th June 2008 at Miami.
 Talent Mangement Oil Gas and Energy :   From 10th June 2008 to 11th June 2008 at Texas.
 Subsea Asia 2008 :   From 11th June 2008 to 13th June 2008 at Kuala Lumpur.
 GTA 2008 :   From 11th June 2008 to 13th June 2008 at Kuala Lumpur.
 3rd Maghreb Oil & Gas: Strategy Briefing :   From 16th June 2008 to 16th June 2008 at Tunis.
 Saudi Arabia International Oil & Gas Conference & Exhibition 2008 :   From 16th June 2008 to 18th June 2008 at Dhahran.
 Gulf of Guinea Oil & Gas (GOG 11) :   From 16th June 2008 to 18th June 2008 at London.
See all events | ^Jump to the top^

  Oil & Gas Training events in the next 30 days
^Jump to the top^
 Basic Drilling Technology :   From 19th May 2008 to 23rd May 2008 at Aberdeen.
 The 11th European Manning & Training :   From