April 20, Russian Prime Minister Vladimir Putin, announced that the Russian government does not intend to interfere in the Russian oil company and British Petroleum (BP) strategy of partnering with a lawsuit. Vladimir Putin delivered at the national lower house of parliament after the 2010 government work report to answer a reporter's question, said that the Russian government will not interfere with the activities of economic entities Read More...
Petroleum Exporting Countries (OPEC) basket of crude oil average price of market supervision and a new high last week. 11, according to OPEC data released by the Secretariat, OPEC weekly oil prices last week reached $ 117.39 a barrel. This is the OPEC weekly oil prices since July 2008 the highest level since the last week Read More...
In March 30, Obama announced to videos and reporters, US will decrease the oil imports from now to 2025, about one-third of the current import amounts. And he swear to break out the political barrier which have been here for years. In addition, Obama also announced that by 2015, the U.S. government departments should ensure that all new cars on the road can use, including energy and electricity mix, including alternative energy sources Read More...
Reuters reports that many in the world oil trade, pointed out that Libya's oil trade in fact, already paralyzed, the U.S. sanctions, national banks have refused to pay for oil in U.S. dollars of trade settlement. Previously, many large U.S. oil companies have a collective decision-making, pause, and Libya's oil trade Read More...
Algerian national oil and gas companies, 29 said that in 2010 Arab oil and gas revenues in the 56 billion to 57 billion U.S. dollars between the more than 43 billion U.S. dollars in 2009 increased three percent over. A state news agency quoted the company's day to a new report said that in 2010, Arab oil equivalent production is estimated at 2 Read More...
Local 27, The former richest man of Russia, Khodorkovsky big oil Henghuoduoer result of the second trial, the Court found it guilty of embezzlement and money laundering. Khodorkovsky is serving a sentence, the trial again, so he faces the fate may be aggravating. 27, Moscow Hamo Fu Niji District Court read out the oil giant Yukos, Mikhail Khodorkovsky, former president of the result of the second trial Read More...
According to Yonhap reported that South Korean National Oil Corporation has successfully acquired the UK's largest independent oil and gas exploration and production company Dana Petroleum. Korea National Oil Corporation obtained Dana Petroleum 34.76% stake held by the investors consent to the sale of shares Read More...
On September 14 in Vienna Organization of Petroleum Exporting Countries (OPEC) Secretary-General Baddeley, said represented as an fossil fuels in the foreseeable future the oil will remain the world's leading energy. The oil reserve in the dominant OPEC member countries and the world other countries is enough to meet future world energy needs for 50 years Read More...
[caption id="attachment_552" align="aligncenter" width="555" caption="rare earth"][/caption] "Middle East oil, China has a rare earth." This is China's late leader Deng Xiaoping said in 1992 words. However, oil is also valuable than the earth, but not for the Chinese in exchange for substantial wealth Read More...
BP 1, submitted to Congress a report, the Gulf of Mexico oil spill occurred a few months, the company has spent five million U.S. dollars per week to advertise in order to restore the company's image. British Petroleum in the U.S. House of Representatives Energy and Commerce Committee said the report, since the April 20 oil spill occurred to the end of July, the company's total advertising expenditure of 93 million U Read More...
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