JSC Gazprom Neft has published its unaudited consolidated financial results in accordance with accounting principles generally accepted in the United States of America (US GAAP) for the year ended 31 December 2011.
Total announces that its subsidiary, Total E&P USA, Inc.(“Total”), has signed and completed on December 30, 2011 an agreement to enter into a Joint Venture with Chesapeake Exploration, L.L.C.,a subsidiary of Chesapeake Energy Corporation (NYSE:CHK), (“Chesapeake”) and affiliates of its partner EnerVest Ltd. In the agreement, Total acquires a 25% share in Chesapeake’s and EnerVest’s liquids-rich area of the Utica shale play located across 10 counties on the eastern side of the state of Ohio, USA.
Libyan rebels said they had won control of the strategic oil refinery town of Brega, as a US official confirmed US envoys had met with members of Moamer Kadhafi's regime.
ExxonMobil Corp. believes unconventional sources of natural gas could represent 70% of US gas supplies by 2030, Steve Kirchhoff, ExxonMobil’s Americas vice-president for natural gas, told a recent Deloitte LLP oil and gas conference in Houston
Kazakhstan’s National Oil Fund may reduce holdings of U.S. Treasuries and invest in Brazilian and South Korean debt, central bank Chairman Grigori Marchenko said
After slumping in 2009, U.S. oil and natural gas drilling is on the upswing in 2010, the American Petroleum Institute (API) reported this week. An estimated 11,297 oil wells, natural gas wells and dry holes were completed in the third quarter of 2010, a 45 percent jump from last year's third quarter, according to API's newly released 2010 Quarterly Well Completion Report: Third Quarter
President of the United States Barack Obama plans to pay an official visit to Pakistan in 2011 and invited the Pakistani president to visit Washington, a statement from the White House said
U.S. crude-oil inventories probably rose to the highest level in more than three months as refineries idled units to perform seasonal maintenance, a Bloomberg News survey showed
The Obama administration today lifted its ban on deep-water drilling seven weeks ahead of schedule, saying newly imposed rules significantly reduce the risk of a repeat of the BP Gulf oil spill, the country's worst ever
Cuba’s anticipated development of its offshore oil resources would profoundly affect its national economy, but have more political impacts on relations with the US
President Barack Obama's administration faces a deadline on Friday on whether to formally declare for the first time that China manipulates its currency, following an election-year vote in Congress to get tough with Beijing
The US said it had reached agreement with four oil companies that they exit Iran rather than face sanctions, while Japan said a state-owned oil group would end its involvement in a huge Iranian oilfield.
Congressional Democrats proposed tougher rules for offshore drilling in response to the worst oil spill in U.S. history, while spurning calls to place a price on carbon emissions.
Russia fell back behind the United States in terms of steel production during the first half having overtaken the North American nation last year during the global recession, the World Steel Association said Tuesday.
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Total announces that its subsidiary, Total E&P USA, Inc.(“Total”), has signed and completed on December 30, 2011 an agreement to enter into a Joint Venture with Chesapeake Exploration, L.L.C.,a subsidiary of Chesapeake Energy Corporation (NYSE:CHK), (“Chesapeake”) and affiliates of its partner EnerVest Ltd. In the agreement, Total acquires a 25% share in Chesapeake’s and EnerVest’s liquids-rich area of the Utica shale play located across 10 counties on the eastern side of the state of Ohio, USA.
Libyan rebels said they had won control of the strategic oil refinery town of Brega, as a US official confirmed US envoys had met with members of Moamer Kadhafi's regime.
The US Energy Department bolstered its crude oil price forecast for 2011 on projections for higher global economic growth
ExxonMobil Corp. believes unconventional sources of natural gas could represent 70% of US gas supplies by 2030, Steve Kirchhoff, ExxonMobil’s Americas vice-president for natural gas, told a recent Deloitte LLP oil and gas conference in Houston
Kazakhstan’s National Oil Fund may reduce holdings of U.S. Treasuries and invest in Brazilian and South Korean debt, central bank Chairman Grigori Marchenko said
After slumping in 2009, U.S. oil and natural gas drilling is on the upswing in 2010, the American Petroleum Institute (API) reported this week. An estimated 11,297 oil wells, natural gas wells and dry holes were completed in the third quarter of 2010, a 45 percent jump from last year's third quarter, according to API's newly released 2010 Quarterly Well Completion Report: Third Quarter
President of the United States Barack Obama plans to pay an official visit to Pakistan in 2011 and invited the Pakistani president to visit Washington, a statement from the White House said
U.S. crude-oil inventories probably rose to the highest level in more than three months as refineries idled units to perform seasonal maintenance, a Bloomberg News survey showed
The Obama administration today lifted its ban on deep-water drilling seven weeks ahead of schedule, saying newly imposed rules significantly reduce the risk of a repeat of the BP Gulf oil spill, the country's worst ever
Cuba’s anticipated development of its offshore oil resources would profoundly affect its national economy, but have more political impacts on relations with the US
Economists cut U.S. growth forecast after weak summer data
President Barack Obama's administration faces a deadline on Friday on whether to formally declare for the first time that China manipulates its currency, following an election-year vote in Congress to get tough with Beijing
The US said it had reached agreement with four oil companies that they exit Iran rather than face sanctions, while Japan said a state-owned oil group would end its involvement in a huge Iranian oilfield.
Congressional Democrats proposed tougher rules for offshore drilling in response to the worst oil spill in U.S. history, while spurning calls to place a price on carbon emissions.
UAL Corp.'s United Airlines and Continental Airlines Inc. won European Union antitrust approval for their all-stock merger.
Russia fell back behind the United States in terms of steel production during the first half having overtaken the North American nation last year during the global recession, the World Steel Association said Tuesday.
Russia is becoming a key oil supplier for the United States, the Wall Street Journal said Tuesday, RIA Novosti reported.
The latest Russia-U.S. spy scandal will not affect bilateral ties, the White House said Tuesday.
Ten people have been arrested in the US and charged with spying for Russia.
