Polish gas monopoly PGNiG posted a surprise net profit rise of 2.8% in the
first quarter of 2011 compared to the previous yearas strong margins on oil
sales offset the rising cost of imported natural gas.
Libyan rebels have promised “transparency” with the country’s oil revenues as
the self-proclaimed transitional government turns its back on the “gross
mismanagement and corruption” of Muammar Gaddafi’s regime.
Libyan rebels fighting forces loyal to leader Muammar Gaddafi are worried
about their financial resources and want to start exporting both oil and
natural gas, the UN special envoy to Libya said on Monday.
Japan's total oil product sales in 2010 rose 1.6 percent from a year earlier, government data showed on Monday, propelled by strong demand due to a summer heat wave.
Increase of approximately 34 to price received for Cambay Field oil sales and fixes future price to an international benchmark New price structure will apply to future oil and condensate producti
Independent oil and gas company Plains Exploration & Production Co posted third-quarter profit that beat analysts' estimates on higher daily sales volume of oil.
Tethys Petroleum Limited has commenced oil sales under a test production scheme from the Doris oil discovery in Kazakhstan. This is ahead of the scheduled start date of the end of 2010. Today trucks