Oil industry news

North Sea oil industry faces strike threat over pay cuts

Wed, 01 Jul 2009 18:59 GMT

FEARS of damaging industrial action sweeping across the North Sea were raised yesterday after oil giant BP moved to impose swingeing pay cuts of up to 20 per cent on contract staff working on the comp...

Amnesty attacks oil industry for decades of damage in Niger Delta

Wed, 01 Jul 2009 03:57 GMT

Nigeria , have been published today.A 141-page report by Amnesty International quotes sources suggesting that in the last 50 years at least 9m barrels worth of oil have leaked into land and rivers in ...

Iraq oil auction dashes majors' bonanza hopes

Tue, 30 Jun 2009 14:55 GMT

Iraq's first auction of contracts to develop its oil fields since the US-led invasion was not the bonanza for the oil industry that executives hoped, and has tempered eagerness to participate in futur...

Iraq's attempt to bring foreign investors into oil industry comes up dry

Tue, 30 Jun 2009 14:39 GMT

Development deals were being sought for eight oil and gas fields. But at a widely anticipated (and televised) auction, international firms and the government are far apart on the price.

Oil industry has brought poverty and pollution to Niger Delta

Tue, 30 Jun 2009 08:41 GMT

Rolls-Royce expands into oil industry

Mon, 29 Jun 2009 16:11 GMT

London: Rolls-Royce Group Plc, the second-biggest maker of aircraft engines, has agreed to buy a 33 per cent stake in ODIM, a Norwegian manufacturer of cable-handling gear for the oil industry, to bol...

Gazprom-Nigeria gas deal raises European concerns - Businessday Online

Mon, 29 Jun 2009 03:00 GMT

Gazprom’s action to secure a foothold in a country where western groups have led the development of the oil industry for the past half century has given rise to concerns in Europe that Moscow is seeking to gain control of Nigerian reserves to ...

Report critical of Alaska's relationship with oil industry - Fairbanks Daily News-Miner

Sun, 28 Jun 2009 02:02 GMT

Report critical of Alaska's relationship with oil industry
Fairbanks Daily News-Miner
Local public infrastructure was a mild to strong deterrent, although the state does have a plan to remedy access to oil, gas and mineral projects, ...

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Fresh Attack On Nigeria Oil Industry Installation - Rebels

Fri, 26 Jun 2009 02:34 GMT

continued its rampage on the Nigerian oil industry by blowing up the second remaining well head [jacket B] of the Shell Afremo off-shore oil fields in Delta state," the Movement for the Emancipation...

Oil industry snubs WA regime

Thu, 25 Jun 2009 18:26 GMT

Western Australia has suffered the ignominy of being ranked below Austria, Croatia and France, a country renowned for its heavy-handed bureaucracy, by the world’s oil and gas industry in a survey on...

Nigerian rebels attack major Shell pipeline : MEND - New African

Wed, 24 Jun 2009 23:37 GMT

Nigerian rebels said Thursday they carried out a pre-dawn attack against Royal Dutch Shell facilities as part of a drive to cripple their country&os;s multi-billion-dollar oil industry. The Movement for the Emancipation of the Niger Delta (MEND) said it ...

Research and Markets: Role of Communications in Gas & Oil Industry ... - Business Wire (press release)

Wed, 24 Jun 2009 06:40 GMT

Research and Markets: Role of Communications in Gas & Oil Industry ...
Business Wire (press release), CA
This report is intended for IT and communications departments of the Oil and Gas industry (GOI) organizations as well as for suppliers of communications equipment for GOI or similar industries. Oil and gas companies need highly- reliable and ...

Workers in the extractive oil industry require protection

Tue, 23 Jun 2009 17:33 GMT

As people jubilate over the employment opportunities to be provided by oil drilling in the Albertine graben, they should be aware of the potential risks during the drilling. Workers may be exposed to ...

Gabonese PM says Bongo alive and well - , - Latest news & weather ...

Mon, 22 Jun 2009 23:46 GMT

The country has a well-developed oil industry with France&os;s Total SA one of the biggest ... Stocks tumble after bleak forecast

Oil falls below $69 on stronger dollar

Mon, 22 Jun 2009 03:40 GMT

Oil dropped below $69 a barrel on Monday pressured by a stronger dollar and weaker European equities, but attacks on the oil industry in top African exporter Nigeria limited losses.

Nigerian rebels claim 3 attacks on Shell

Sun, 21 Jun 2009 15:05 GMT

LAGOS (Agencies): Nigerian rebels Sunday claimed three attacks in one day against Royal Dutch Shell’s facilities as part of a campaign to cripple Nigeria’s multi-billion-dollar oil industry. The ...

Oil industry cranks up lobbying effort

Sat, 20 Jun 2009 16:57 GMT

In this 2008 photo, the Chevron Genesis Oil Rig Platform in the Gulf of Mexico near New Orleans, La. is seen. The petroleum industry spent $44.5 million lobbying Congress and federal agencies during t...

Iraqi oil industry opposition to auction widens

Sat, 20 Jun 2009 12:37 GMT

An Iraqi oil industry revolt against Baghdad's upcoming auction of contracts to develop its prized oil fields widened on Saturday, and the head of the country's main oil producing unit proposed an alt...

Oil industry cranks up its lobbying effort

Thu, 18 Jun 2009 23:17 GMT

HOUSTON — Oil and gas companies have accelerated their spending on lobbying faster than any other industry, training their gusher of profits on Washington to fight new taxes on drilling and sl...

U.S. oil industry cranks up lobbying effort

Thu, 18 Jun 2009 16:12 GMT

HOUSTON - U.S. oil and gas companies have accelerated their spending on lobbying faster than any other industry, training their gusher of profits on Washington to fight new taxes on drilling and slow ...

Greater oil exploration needed off Newfoundland, companies say

Thu, 18 Jun 2009 13:18 GMT

Buoyed by a new announcement on the expansion of the Hibernia field, companies working in the oil industry off Newfoundland say they are hoping the good times will keep rolling through a more ambitiou...

Oil Industry Senses Better Days Ahead

Wed, 17 Jun 2009 10:17 GMT

Hundreds of local workers on and off the oil patch may have surging crude prices to thank for their jobs. An executive at Nabors Well Services Co. said Monday that, despite a warning filed in March...

Minister warns oil industry

Thu, 11 Jun 2009 23:05 GMT

June 12, 2009 The government was unimpressed by the petroleum industry's efforts to boost black participation and might intervene to ensure targets to transfer control of 25 percent were met by next y...

New National Oil and Gas Security to police Oil industry - Ghana Dot

Fri, 05 Jun 2009 05:09 GMT

Irish Independent

New National Oil and Gas Security to police Oil industry
Ghana Dot, Ghana
Accra, June 4, Ghanadot - The Government of Ghana is to set up a National Oil and Gas Security to police the country's upcoming oil industry. The National oil and Gas Security will further support existing security and other legal institutions to also ...
Reporting Oil and Gas Project launched Joy Online
all 15 news articles

Double Block and Bleed Valves for the Oil Industry

Thu, 04 Jun 2009 02:13 GMT

, have seen significant growth in demand for their Cartridge Style Standard Length Double Block and Bleed Valve. This year sees the Cheshire based company celebrating its thirtieth anniversary, twenty...

Bolivia Forecasts $1.05B in Oil Industry Investment

Wed, 03 Jun 2009 18:11 GMT

State and private investment in hydrocarbons exploration and production will total around $1.05 billion this year, state-owned Yacimientos Petroliferos Fiscales Bolivianos, or YPFB, said. The inves...

Oil Industry Needs $5 Billion In New Investments

Tue, 02 Jun 2009 12:44 GMT

said that the bank had been working with the government to establish rules needed for development of the country's recently discovered offshore oil deposits. "The BNDES has the obligation to support...

Worker shortage threatens oil industry

Mon, 01 Jun 2009 21:26 GMT

A key player in Australia's oil and gas industry says companies must do more to train and retain staff. The Deloitte Oil and Gas Group has published a report highlighting the top 10 issues facing the...