LONDON, United Kingdom August 30 Daily Mail reported that the London Stock Exchange listed oil and gas exploration company Gulfsands Petroleum is talking to Chinese state-owned SINOCHEM Group in talks to buy.
Daily Mail quoted a source close to the negotiations on the news provider as saying that the British Gulfsands Petroleum will be in a few weeks to make the tender decision. China SINOCHEM Group plans to invest 400 million pounds (651.4 million U.S. dollars) to acquire Gulfsands Petroleum Gulfsands Petroleum shares in this offer than the August 28 closing price of 230 pence per share higher than 42%.
As Khuebet East oil fields in Syria, the success of exploration activities, Gulfsands Petroleum's shares from the beginning of the year when the 130 pence per share climbing. August Earlier, SINOCHEM Group agreed to buy 532 million pounds of British Emerald Energy, which is the United Kingdom Gulfsands Petroleum in Syria, a joint venture partner.
Sep. 1, 2009
Global oil demand next year will increase by 1 million barrels
According to MNA, Tehran, Iran, Iranian presence of Petroleum Exporting Countries (OPEC) August 26 government representatives said here today that, due to signs of recovery in the global economy, global oil demand in 2010 is expected to increase by 100 million barrels.
He said that the global economy, taking into account the relative recovery, Harty than expected global oil demand in 2010 will increase 0.5-1 million barrels. This year, global oil demand than the previous year fell from 1.5 million to 2 million barrels.
Turning over the past few months, said global oil inventories, oil-producing countries do not want to sell their inventory, they want to rising oil prices will continue to rise. From 13-member OPEC will not be meeting on September 9 to reduce oil production. Optimistic about the signs of the oil market and the global economic recovery will be gratifying news in January of next year before that pushed oil prices above 80 U.S. dollars a barrel.
Aug. 28, 2009
He said that the global economy, taking into account the relative recovery, Harty than expected global oil demand in 2010 will increase 0.5-1 million barrels. This year, global oil demand than the previous year fell from 1.5 million to 2 million barrels.
Turning over the past few months, said global oil inventories, oil-producing countries do not want to sell their inventory, they want to rising oil prices will continue to rise. From 13-member OPEC will not be meeting on September 9 to reduce oil production. Optimistic about the signs of the oil market and the global economic recovery will be gratifying news in January of next year before that pushed oil prices above 80 U.S. dollars a barrel.
Aug. 28, 2009
Iran Sousangerd oilfield discovered 8.8 billion barrels of crude oil reserves
August 24, according to media reports in Tehran, Iranian Oil Minister Gholam Hussein Nozari said here today that Iran has received over the past five years, the largest oil discovery. Nozari said that Iran recently Sousangerd oilfield found in the four strata of 8.8 billion barrels of crude oil reserves.
Iran's IRNA news agency quoted Nozari as saying, Sousangerd oilfield 4 Ge formation the drilling operation has been successfully completed, the four strata are estimated to have 8.83 billion barrels of crude oil reserves. Iran's Oil Ministry will prepare a development plan in the near future, due to new discoveries near existing infrastructure, therefore, Nozari hope Sousangerd oilfield can be put into operation in the near future.
Aug. 25, 2009
Iran's IRNA news agency quoted Nozari as saying, Sousangerd oilfield 4 Ge formation the drilling operation has been successfully completed, the four strata are estimated to have 8.83 billion barrels of crude oil reserves. Iran's Oil Ministry will prepare a development plan in the near future, due to new discoveries near existing infrastructure, therefore, Nozari hope Sousangerd oilfield can be put into operation in the near future.
Aug. 25, 2009
Cairn Energy to invest four billion U.S. dollars to enhance oil production in India
New Delhi, August 20 news, British Energy Cairn Energy India under the Cairn India subsidiary, announced here today that the company and its partners Indian Oil and Natural Gas Corporation (ONGC) in 2011 will invest 200 billion rupees (4 one billion U.S. dollars) to improve the state of Rajasthan in India's oil production Bermer field.
Bermer oil from three oil fields of the Mangala oil field, respectively, Bhagyam and Aishwariya oil fields. Cairn India to invest these three fields is aimed at these three oil fields to increase oil production from 25,000 to 200,000 barrels per day. In this project, Cairn India has a 70% stake, while India has a 30% stake in ONGC. This three field 2P have 0.7 billion barrels of recoverable oil reserves, as well as 0.3 billion barrels of oil recovery potential.
Aug. 22, 2009
Bermer oil from three oil fields of the Mangala oil field, respectively, Bhagyam and Aishwariya oil fields. Cairn India to invest these three fields is aimed at these three oil fields to increase oil production from 25,000 to 200,000 barrels per day. In this project, Cairn India has a 70% stake, while India has a 30% stake in ONGC. This three field 2P have 0.7 billion barrels of recoverable oil reserves, as well as 0.3 billion barrels of oil recovery potential.
Aug. 22, 2009
IEA: Oil output in Nigeria dropped to its lowest level in 20 years
International Energy Agency (IEA) has said that Nigeria's current oil production has fallen over the past 20 years the country to the lowest level. The Nigerian government in June agreed to implement the amnesty to end violence in the Niger Delta region activities in Nigeria is almost no positive impact on oil production.
International Energy Agency in its monthly oil market, said in July the International Energy Agency estimated that the average Nigerian crude oil production 1.68 million barrels, more than in June crude oil production decreased by 4 million barrels a day and far below the Government's assumption of Nigeria 3,000,000 barrels per day capacity.
In the Niger Delta region of swamps and rivers of oil companies operating in the past few years by local militants had been a serious constraint, the local militants have been most in the search for local control of oil wealth.
Aug. 16, 2009
International Energy Agency in its monthly oil market, said in July the International Energy Agency estimated that the average Nigerian crude oil production 1.68 million barrels, more than in June crude oil production decreased by 4 million barrels a day and far below the Government's assumption of Nigeria 3,000,000 barrels per day capacity.
In the Niger Delta region of swamps and rivers of oil companies operating in the past few years by local militants had been a serious constraint, the local militants have been most in the search for local control of oil wealth.
Aug. 16, 2009
Subscribe to:
Posts (Atom)
