UPI Related News
Iraqi oil exports have declined four months in a row, according to data released by the nation's Oil Ministry, which is optimistic it can reverse the trend.
BAKU, Azerbaijan, Sept. 18 (UPI) -- Azerbaijan suffered a $1 billion loss in revenue from disruptions in crude exports through the Baku-Tbilisi-Ceyhan oil pipeline, state officials said Thursday.
Nigerian militants shut down oil production again; ExxonMobil to invest in Indonesia; India's ONGC Videsh is getting less oil in Russia.
BP shuts down gas production; India's ONGC finds uranium in oil wells; Australia's BHP Billiton pledges funds to Angostura gas project.
Global crude prices could continue to fall; Brazil's Petrobras has contracted its pre-salt finds; Bahrain seeks to double its oil production.
Hurricane Ike does little long-term damage to Gulf energy installations; India, Bangladesh discuss Bay of Bengal rights; Nigerian militants upped their attacks on oil.
Brazil's Petrobras has found oil; oil exploration has begun in Guyana; Peru issues oil contracts.
British gas major BG gives up on Origin Energy; Iran will take oil and gas field bids; NASA estimates carbon scenarios.
China's pipeline project will use GE energy; BHP Billiton Ltd. evacuates Gulf of Mexico employees; Indonesia seeks oil deal in Iran.
Shell to sign groundbreaking energy deal in Iraq; oil majors report Ike evacuations in Gulf of Mexico; Russia to join Myanmar's search for oil and gas.
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nytimes.com at 24 Oct 2008 05:56 am
The OPEC cartel ordered a cut in oil production of at least 1.5 million barrels a day. After the statement, the price for Brent crude immediately dropped below $63 a barrel.
telegraph.co.uk at 16 Oct 2008 06:20 am
Oil prices fell for a third day on growing evidence of a global slowdown with a barrel of Brent crude now down more than 50pc on its July peak of 147.
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