Foreign Oil Companies Resume Production in Libya
Total and Eni among the first foreign firms to restart operations in Libya, while others await developments.
Continue reading "Foreign Oil Companies Resume Production in Libya"
Total and Eni among the first foreign firms to restart operations in Libya, while others await developments.
Continue reading "Foreign Oil Companies Resume Production in Libya"
Thursday, March 3, 2011
The political uprisings in the oil-rich region of the Middle East and North Africa are pushing oil prices to a dangerous level that threatens to force many still recovering economies into another recession. Wayne Atwell, Managing Director of Casimir Capital, spoke with Oil Investing News, a part of The Resource Investing News Network, about the possible implications for the resource markets.
Monday, February 21, 2011
The two companies also intend to create a joint commercial interest to purchase, transport and market natural gas, which is increasingly important for the Indian economy following over 8 percent growth last year. India currently imports most of its oil and has opened considerable regions of territory to oil and natural gas development in recent years.
Continue reading "Top Oil Producer Targeting Assets in India"
Thursday, July 8, 2010
Japanese and South Korean refiners have increased oil purchases from Russia, eroding the dominance of Middle Eastern suppliers and electing for a more competitive crude source that is three weeks closer by ship. While Russian exports have surged over the last 6 months, the Middle East remains dominant, with total Middle East output in June around 19.9 million barrels, while Russia’s output was 10.3 million barrels, peaking at 330,000 barrels a day in June.
Continue reading "Russia and Middle Eastern Oil Sources Competing for Asian Business"
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Monday, October 3, 2011