petroleumworld

Stories: 2008

May 16 -30

Putin in France urges closer
EU-Russian trade ties

AP /Jacques Brinon

Russian Prime Minister Vladimir Putin, right, takes leave of French President Nicolas Sarkozy following their meeting at the Elysee Palace, in Paris, Thursday, May 29, 2008.

PARIS
Petroleumworld.com, May 30, 2008- story

IAEA 'alarmed' by Iran's alleged
nuclear weapons work: diplomat

AFP/ Joe Klamar

International Atomic Energy Agency (IAEA) headquarters in Vienna. Inspectors from the UN atomic watchdog are "alarmed" that Iran has in its possession a document describing the process for making what could be the core of a nuclear weapon, a western diplomat said Thursday

VIENNA
Petroleumworld.com, May 30, 2008.- story

France wants G8 to urge oil producers to hike output: minister - story

Greenpeace activists stage agrofuel protest in Vienna - story

IRAQ to review Jordan discount oil deal: VP - story

Businessman alleges Alstom paid bribes for Brazil project: report - story

Norway could displace Russia in European gas supply: EU energy chief - story

Russian investors in TNK-BP want CEO to quit: report - story

Pemex reports net revenue that trails its forecasts story

Venezuela's foreign debt surges 48.5 percent despite the hike in oil prices - story

Oil prices slide after US energy report - story

US: Iran must not 'stall' on nuclear issue

AFP/ Saul Loeb

US National Security Advisor Stephen Hadley

WASHINGTON
Petroleumworld.com, May 29, 2008- story

Output slumps at Mexico's Cantarell superfield

MEXICO CITY
Petroleumworld.com, May 29, 2008 - story

Iran mulling swap of Repsol, Shell gas projects: report - story

Japan's Itochu says taking stake in Norwegian solar firm - story

Oil retreats but stays above 130 dollars - story

Malaysia's Petronas takes stake in Australian gas project: Santos - story

Shareholders force ExxonMobil to consider climate - story

World oil prices rebound; Brown warns of 'oil shock' - story

EU nations seek oil price relief, but not through tax breaks - story

Kuwait unveils new post-election cabinet - story

After record year, Chevron faces the music - story

Petrobras takes second place - story

Petrobras' 4th new refinery to be high-capacity - story

Ministry, consortium ink PSC for Trinidad & Tobago block - story

Pemex project funding master trust launches $1.5 bln debt - story

World response needed to oil crisis:
British PM

AFP/ Carl de Souza

Prime Minister Gordon Brown is pictured
at Lambeth Palace in London on May 23.

LONDON
Petroleumworld.com, May 28, 2008- story

Indonesia to pull out of OPEC: minister

REUTERS/Supri

Indonesian Energy Minister Purnomo Yusgiantoro speaks with foreign journalists in Jakarta May 28, 2008.

JAKARTA
Petroleumworld.com, May 28, 2008- story

Oil prices slip further from peaks - story

Larijani warns IAEA about Iran's cooperation - story

SK Energy, SINOPEC to set up naphta-cracking centre in China - story

Japan's Westinghouse signs deal to build 2 US nuclear reactors - story

Sarkozy calls for fuel tax cut as protests spread across Europe - story

Oil prices tumble from record heights - story

US, allies say UN report bolsters fears Iran wants nuclear bomb - story

Swedish government approves giant wind farm - story

Energy crisis hits South African growth - story

Petrobras to decide on third LNG terminal in Jul - story

PDVSA has stopped selling Venezuela's Central Bank USD 11 billion - story

Iran defies demands on nuclear drive: IAEA report

VIENNA
Petroleumworld.com, May 27, 2008- story

OPEC chief predicts oil prices will continue to rise

OPEC president Chakib Khelil

MADRID
Petroleumworld.com, May 27, 2008- story

Oil trades above 133 dollars in Asia - story

Sarkozy calls for suspending European VAT on oil - story

Venezuelans shielded from rising gas prices - story

US recession still probable: Greenspan - story

Nigeria NNPC signs a 3.1 bln USD with Shell to finance upstream - story

Suez-GDF merger set for go-ahead after workers' meeting: spokesman - story

Militants attack Shell pipeline in Nigeria - story

South America eyes common currency - story

Russian govt to cut oil taxes - story

Libya aims to boost oil output to 2 million bpd in 2008 - story

Two Norwegian North Sea oil platforms resume ops after leak - story

China's CNOOC in takeover talks with Canadian energy firm: report - story

Paris, Frankfurt exchanges edge higher, London, New York closed - story

Gas, mineral prices push Bolivia exports to record levels - story

Brazil to invest $5B in deep water oil finds - story

Calderón pleads for energy reform - story

Cuba sights on expansion of CUPET- PDVSA Cuban refinery - story

Short of rigs, Petrobras delays some subsalt tests - story

Transpetro to order 23 more oil tankers for Petrobras - story

Chavez in pre-election cash spree - story

Shell, Marathon, Petrobras, Eni make new discovery in Gulf of Mexico - story

Texas: Proposed Pemex pipeline: Deadline for public input is Thursday - story

Showdown in Dallas: ExxonMobil
faces shareholder revolt

ExxonMobil chief executive Rex Tillerson

WASHINGTON
Petroleumworld.com, May 26, 2008- story

Iran says US anti-OPEC bill 'inexpert'

TEHRAN
Petroleumworld.com, May 26, 2008- story

Oil trades above 132 dollars a barrel - story

Longtime rebel leader in Colombia dies: FARC - story

Spain's Iberdrola signs investment accord with Gulf group Taqa - story

Woodside to invest 20 million dollars in exploring for oil off SKorea - story

Lebanon to elect a president after months of feuding - story

Nigeria has enough coal to meet power shortfall: experts - story

Don't want to release your CO2? Bury it - story

Asian governments forced to act as oil prices soar - story

North Sea oil platform leak under control: operator - story

After breather, oil rallies near record highs - story

South American nations launch new policy group - story

Total aims to be number one in Angolan oil: CEO - story

Norway's oil fund falls victim to global financial crisis - story

Suez says ends takeover talks with British Energy - story

OPEC unhappy with oil price surge: El-Badri - story

Brazil's Petrobas finds new offshore oil deposit - story

Chavez sees 'no limit' to oil price surge - story

Cuba wants India to catalyse investment in oil & gas sector - story

Venezuela offers India oil alternative - story

Ex PDVSA top officer exempted from prison in Argentina's suitcase scandal - story

Oil is not expensive in time-adjusted
terms: Total chief

Christophe de Margerie, the head of French oil giant Total

PARIS
Petroleumworld.com, May 22, 2008- story

Oil prices spike to historic highs
beyond 135 dollars

LONDON
Petroleumworld.com, May 22, 2008- story

Norway's StatoilHydro to test first deepwater floating wind turbine - story

Russian pipeline plan threatens whales: environmental groups - story

Italy to reverse policy and build nuclear power stations: minister - story

France hit by national strike - story

ONS 2008 : IEA, StatoilHydro, Sevmorneftegaz, Schlumberger and Gaz de France CEO's in Stavanger from 26-29 August - story

IEA study heads towards view oil supply will flag: press report - story

Surging oil could deal blow to sputtering world economy - story

Chevron executive grilled in US Congress over Myanmar venture - story

How oil price rose to 133 dollars a barrel over 38 years - story

Oil spikes above 133 dollars on tighter US supplies - story

Ukraine cancels US company oil contract - story

Petrobras says to order 40 new rigs over a nine-year period - story

Bolivian president demands more foreign investment in gas, oil production - story

Venezuela smuggling of world's cheapest fuel rife - story

Venezuela's Chavez: US bill seeks to demonize OPEC - story

Admiral Luis Jaramillo name to head Ecuador's oil company Petroecuador - story

Nigeria signs two-billion
dollar oil deal with Mobil

ABUJA
Petroleumworld.com, May 20, 2008- story

OPEC head says no decision on output before September meeting

ALGIERS
Petroleumworld.com, May 20, 2008- story

Oil price hits record high 130.47 dollars
on wave of supply angst

LONDON
Petroleumworld.com, May 21, 2008 - story

Oil prices higher in Asian trade - story

Thousands protest Indonesian fuel price hike plan - story

Strike paralyses 12 airports in Norway, oil sector hit: operator - story

Nigeria becomes world piracy 'hotspot' - story

China's top oil and gas firm reports 250-mld-dlr quake losses - story

Nigerian security forces find hijacked oil vessel - story

France's Total launches second Nigerian deep water oil project - story

Oil prices flirt with new highs - story

Iran appoints new OPEC envoy - story

Brazil: Petrobras is third largest company in the Americas by market value - story

Morales threatens to nationalize Bolivia's oil fields, EFE says - story

Ecuador says lowers 2008 oil production target - story

Mexican petroleum uncovers "Corruption Network" - story

Saudi oil output hike would
not solve US problems: Bush

AFP/Mandel Ngan

US President George W. Bush delivers a speech to the World
Economic Forum on the Middle East at the Sharm el-Sheikh
International Congress Centre

SHARM EL-SHEIKH, Egypt
Petroleumworld.com, May 19, 2008- story

OPEC output hike would
not affect prices: Iran

TEHRAN
Petroleumworld.com, May 19, 2008- story

ECOWAS urges solidarity as oil prices rise - story

Repair of Nigerian pipeline begins after tragedy - story

Nigerian oil giant NNPC will become real company: president - story

Worst may be over for US, some economists say - story

EU, Latin America leaders struggle with trade talks - story

US halts new shipments to strategic oil reserve - story

Oil price surges to record high near 128 dollars - story

Nigeria's state oil firm announces billion-dollar deal with ELF - story

Venezuela to sign energy agreement with Peru, Chavez says - story

Brazil Petrobras, Braskem eye $2.5 bln Peru plants - story

Crystallex's planned mine won't get Venezuela permit - story

Methanex announces agreement with ENAP to source natural gas for Chile operations - story

Bolivia seeks 50% of glencore mines, metal bulletin reports - story