petroleumworld

Stories: 2008

April 16 - 30

OPEC might hold extraordinary
meeting over prices: Kuwait

KUWAIT
Petroleumworld.com, April 30, 2008 - story

'Biofuels frenzy' fuels global food crisis: experts

AFP/Vanderlei Almeida

A taxi driver refuels his car with biodiesel in Brazil. A "biofuels frenzy," and other misguided policies have led to the global food crisis in which rice consumption is outpacing production, threatening a billion people with malnutrition, experts said Tuesday.

WASHINGTON
Petroleumworld.com, April 30, 2008 - story

Oil prices ease before US rate call, stockpiles data - story

Russia announces extra troops for Georgia regions: agencies - story

British refinery bosses, union leaders meet after strike - story

Qatar to build 3.2-billion-dlr fertiliser complex - story

India, Iran agree to push for deal on gas pipeline pact - story

Rising gas prices Americans' top economic woe: survey - story

BG Group bids 12 bln dollars for Australian energy retailer - story

Low refining margins, gas cuts push Chile's ENAP into red - story

Norway claims over $1 bil from StatoilHydro over Karsto expansion - story

Petrobras turns Mexico down - story

Petrobras may quadruple bond sales to fund Tupi, Carioca plans - story

US: Pioneering vessel clears a Gulf hurdle - story

Bolivia races to complete energy firms' takeover - story

Power outage hits Venezuela - story

Oil prices slide as Scottish refinery strike ends - story

British oil refinery workers end strike

Reuters/David Moir

Striking oil refinery workers shout at INEOS chairman Jim Ratcliffe as he leaves a building on site during the second day of strike action at the INEOS oil refinery in Grangemouth, central Scotland on April 28, 2008.

GRANGEMOUTH, Scotland
Petroleumworld.com, April 29, 2008 - story

Saudi, Norway discuss stabilising oil market

Saudi press agency

Saudi King Abdullah welcomes Norway’s Foreign Minister
Jonas Gahr Stoere at the Royal Palace in Riyadh, April 28, 2008

RIYADH
Petroleumworld.com, April 29, 2008 - story

Zimbabwe vote violence 'a form of rigging': rights group - story

BP profits rocket on runaway oil prices - story

Russian troop increase 'provocative': Georgia - story

Lithuania still not ready to agree to EU-Russia talks - story

Oil prices ease as Scottish refinery strike ends - story

Castro sets long-delayed Communist Party Congress for 2009 - story

Shell profits soar on record high oil prices - story

Rights group accuses Chevron of complicity in Myanmar abuses - story

Iranian president launches energy project in Sri Lanka - story

Refinery strike in Scotland pumps oil up to record high - story

ExxonMobil says strike cuts output in Nigeria - story

Lula to rich nations: 'Stop your hypocrisy,'
buy Brazil biofuel

Brazilian President Luiz Inacio Lula da Silva

BRASILIA
Petroleumworld.com, April 28, 2008 - story

Venezuela and Iran agree to boost cooperation

CARACAS
Petroleumworld.com, April 28, 2008 - story

Oil prices close in on 120 dollars - story

More panic buying expected as British refinery strike continues - story

North Sea oil pipeline closure sparks fuel panic in Britain - story

Zimbabwe presidential election tensions mount - story

Strike hits key British oil refinery - story

Bolivia unfreezes rebel province's accounts - story

Mexico City rattled by strong earthquak - story

ExxonMobil shuts down all its Nigeria production;770,000 b/d lost - story

Oil prices rally on supply tensions in Nigeria, Britain - story

Norway support a lower oil price,
not considering a wind fall tax

Polyteknisk.no

Norway, Deputy Oil Minister Liv Monica Stubholt

OSLO
Petroleumworld.com, April 25, 2008 - story

World’s first full-scale subsea compression
test at StatoilHydro K-lab

Kim Laland/Bitmap

Project manager Rolv Herfjord (left) and K-lab manager Trond Austrheim cut the ribbon on Monday.

Kårstø, gas processing plant, western Norway
Petroleumworld.com, April 25, 2008 - story

Oil prices pause within sight of 120 dollars - story

Japan's Marubeni to buy stake in Chile mining projects - story

US accuses Syria of building secret reactor with NKorea's help - story

Alphabet debate? Economists mull shape of recession - story

Oil prices slip on dollar recovery, rising US crude inventories - story

US Navy re-establishes fleet for Caribbean, Latin America - story

Concern mounts as oil price nears 120 dollars

SINGAPORE
Petroleumworld.com, April 23, 2008 - story

Idea of 'gas-OPEC' gains currency

ROME
Petroleumworld.com, April 23, 2008 - story

Euphoric Clinton vows tide is turning - story

Members of Lat Am trade group hold suprise meeting in Caracas - story

World oil prices strike record peaks above 119 dlrs - story

British oil refinery strike talks begin - story

Oil prices shoot to record peaks, New York
oil closes at record 117.48 dlrs

NEW YORK
Petroleumworld.com, April 22, 2008 - story

Venezuela to battle Exxon in Dutch court

ROME
Petroleumworld.com, April 22, 2008 - story

Oil prices steady as producers warn on high prices - story

US announces new rules for foreign investment review - story

Paraguay's new president dreams of 'a greater Latin America' - story

Brazilian company in Ghana biofuels joint venture: official - story

Shell to declare 'force majeure' at Nigerian terminal - story

Sonatrach to launch tender for oil, gas exploration blocks - story

Shippers choose costlier Uruguay bunker fuel oil over Argentina - story

Venezuela sees oil prices remaining above $90/barrel - story

Oil producers refuse to raise output

ROME
Petroleumworld.com, April 18, 2008 - story

Paraguay leftist ex-bishop ends
ruling party's 61-year reign

AFP/Pablo Porciuncula

Paraguayan former Catholic bishop Fernando Lugo gives
the thumbs up as he celebrates his presidential win in Asuncion on April 20.

ASUNCION
Petroleumworld.com, April 21, 2008 - story

Oil market 'getting hot' after OPEC comments: analyst - story

New Paraguay president, 'bishop of the poor,' warm to Chavez - story

Siemens suspect list takes on global dimension: report - story

Oil multinationals of old admit powerless to influence prices - story

No need for OPEC to raise output now: president - story

Biofuels under attack as world food prices soar - story

Oil hits 117 dollars on talk of Nigeria pipeline attack - story

Ecuador set to revoke thousands
of mining concessions

Ecuador's President Rafael Correa answers questions during
a meeting with foreign press at the government palace in Quito,
Thursday, April 17, 2008.

QUITO
Petroleumworld.com, April 18, 2008 .- story

Mexican opposition blocking debate
on Pemex reform proposal

AP/Jorge Rio

Opposition lawmakers, who stormed the podium of the National
Congress and covered it with a huge banner, wave Mexican flags
in Mexico City, Thursday, April 10, 2008.

MEXICO CITY
Petroleumworld.com, April 18, 2008 - story

Red-hot oil prices continue higher - story

Nigerian militants claim attack on Shell oil pipeline - story

Carter due in Syria for talks with Hamas supremo - story

Priest, general, woman minister vie for Paraguay presidency - story

Clinton, Obama march toward Pennsylvania primary - story

Bush: US backs Lebanon sovereignty, democracy - story

Uribe invites US Speaker Pelosi to Colombia over trade row - story

Opposition chief wants UN tribunal for Zimbabwe - story

Oil prices cool slightly from red-hot records - story

Bush under fire at Paris climate meeting - story

Discarding biofuel would be
'crime against humanity': Lula

AP/Eraldo Peres)

Ignoring biofuel's potential to boost development
would be a "real crime against humanity," Brazilian
President Luiz Inacio Lula da Silva said Thursday
in a pointed rebuke to a top UN official.

BRASILIA
Petroleumworld.com, April 17, 2008 - story

Oil price crosses 115 dollars
for first time on supply jitters

NEW YORK
Petroleumworld.com, April 17, 2008 - story

Oil prices hit record high 115.45 dollars per barrel - story

Oil and gas stockpiling key to energy security: officials - story

Kenya's new coalition cabinet sworn in - story

Zimbabwe govt accuses Tsvangirai of 'treason' - story

Thomson Reuters launches as global financial information leader - story

OPEC oil tops record high of 106.65 dollars a barrel: official - story

Clinton rebukes Obama, hoping for uphill comeback - story

Venezuela approves 'mandatory contribution' on windfall oil profits - story

Petrobras to sell 190,000 barrels/month of LSFO to Tepco from May - story

Venezuela's Chavez puts communist as labor minister - story

India: Oilmin asks IOC to tap Venezuela for crude - story

Brazil's Petrobras plans to build LNG refinery in neighboring country - story

Nigerian oil output may drop by one third on lack of investment: report - story

Bush: US to halt greenhouse gas rise by 2025 - story

Oil prices strike record highs

Reuters/Catherine Trevethan

Oil prices jumped over $114 a barrel on Tuesday amid
lingering supply worries and weakness in the U.S. dollar.

NEW YORK
Petroleumworld.com, April 16, 2008 - story

Venezuela approves new tax on oil profits

Venezuela's National Assembly

CARACAS
Petroleumworld.com, April 16, 2008 - story

Iran rejects OPEC action over 'suitable' oil price - story

Major powers hold new talks on Iran nuclear issue - story

Oil prices ease after record highs - story

Britain's BP says stake buyer is China's forex administration: report - story

Nigeria backs down on deadline for gas flaring - story

China surpasses US as top carbon polluter: study - story

Nigeria says China, India to build it oil refineries - story

Brazil's oil giant Petrobras set to grow bigger with new find - story

Russian opposition warns of Soviet-style power grab by Putin - story

Brazil oil find announcement spurs excitement, official rage - story

Zimbabwe general strike flops - story

British energy giant BP says China has bought 1.0-percent stake - story

OPEC maintains estimate for world oil demand in 2008 - story

Petrobras eyes USG pipelines to move Cascade gas ashore: manager - story

Repsol, BG's shares jump on giant Brazil oil field hopes - story

Atlantic LNG processes 792 Bcf in 2007, up about 6% from 2006 - story

Jamaica: Petrocaribe debt reaches $33b - story