petroleumworld

Stories: July 16- 30 2008

Venezuela says Barbados oil bid violates boundaries

Barbados 2008 Offshore E&P Licensing Round Block map

CARACAS
Petroleumworld.com, July 30, 2008 - story

Brazil's Petrobras starts commercial
biodiesel production

Agencia Petrobras/Sterferson Faria

Presidente da Petrobras Biocombustível,
Alan Kardec at the Biofuel Usina Candeias

CANDEIAS, Brazil
Petroleumworld.com, July 30, 2008- story

Oil prices ease on demand worries - story

Widespread lament over collapse of WTO talks - story

California 'dodges bullet' as 5.4 earthquake rocks region - story

SEC charges ex-Enron executive with insider trading - story

Oil prices slump on US demand concerns - story

EBRD says investors keen on Russia despite TNK-BP row - story

Republican US senator indicted for oil gifts - story

BP profits jump on back of record high oil prices - story

OPEC president says ample oil supply, prices 'abnormal' - story

Iran's Ahmadinejad backs 'just' nuclear talks - story

IOCs can start drilling in Chile in August, minister says - story

Chile and Angola sign agreement favoring ENAP - story

Tenaris secures solid presence in Colombia - story

Mexican voters oppose Calderon's plan for oil industry - story

Sabotage forces Shell to cut
output in Nigeria: company

Nigerian terrorists

LAGOS
Petroleumworld.com, July 29, 2008- story

Ahmadinejad says 'some powers' manipulate oil market

AFP

Iranian President Mahmoud Ahmadinejad

WASHINGTON
Petroleumworld.com, July 29, 2008- story

Shell declares 'force majeure' at Nigerian oil terminal - story

Oil prices rise above 126 dollars - story

If US has new approach, Iran will respond: Ahmadinejad - story

White House skeptical over Iran's stance - story

Switzerland and Libya plan talks over Kadhafi son's arrest - story

Bad tempers flare, threatening WTO deal - story

Rebels sabotage Shell pipelines in Nigeria - story

India's ONGC Q1 profit jumps nearly 44 percent - story

'No risk' for BP's oil venture in Russia: Kremlin - story

PDVSA fixes cracker in Amuay refinery - story

Tidelands offered extension on Mexico Burgos Hub pipeline permits - story

Sevan Driller to be installed offshore Brazil - story

SCAN commences seismic program for Petrobras - story

Oil jumps as Nigerian attacks cut output - story

Iran has up to 6,000 enrichment
centrifuges: Ahmadinejad

Uranium-enriching centrifuges

TEHRAN
Petroleumworld.com, July 28, 2008- story

Venezuela agrees to sell Spain
oil at 100 dollars a barrel

MADRID
Petroleumworld.com, July 28, 2008- story

Oil prices turn higher in Asian trade - story

Kuwait promises Japan stable oil supply: official - story

Enarsa PDVSA receives 3 technical bids for LNG project - story

Ecuador, Venezuela to set up joint venture to raise oil output in Ecuador - story

Mexico's capital, 9 states vote on nation's oil industry - story

Raul Castro warns Cubans of more tough times ahead - story

Workers struggle to clean up oil spill on Mississippi - story

Nigerian militants free eight foreign oil workers: army - story

Key countries upbeat on WTO trade talks - story

Oil prices could drop if Iran concerns allayed: OPEC president - story

Chief executive of TNK-BP summoned: report - story

Spanish king, Venezuelan president make peace - story

Oil prices slide on economic worries - story

Arctic holds 90 billion barrels of oil,
mostly offshore: report

AP /CP/Jonathan Hayward

Ice floes form patterns in Barents sea above the arctic circle.

WASHINGTON
Petroleumworld.com, July 25, 2008- story

Venezuela's Chavez supports
stable oil price at $100 a barrel

AP Photo/Armando Franca

Venezuela's President Hugo Chavez, left, and Portuguese Prime Minister Jose Socrates Wednesday, July 23 2008, at the Sao Bento palace, the premier's official residence in Lisbon applaud during the signing of agreements between the two governments.

LISBON
Petroleumworld.com, July 25, 2008 - story

Oil prices higher in Asian trade - story

Dolly dwindles but threatens more flooding in Texas, Mexico - story

Brazil sees make-or-break moment in WTO talks - story

Cuba fetes revolution amid uncertainty under Castro transition - story

Embattled BP venture head leaves Russia after 'harassment' - story

Gas Natural negotiating purchase of more gas from Qatargas - story

Bush, Singh agree to forge ahead on nuclear pact - story

US charges Dutch firm Optiver with oil market manipulation - story

Russia denies planning to base bombers in Cuba: reports - story

EDF, Centrica to buy British Energy: reports - story

Switzerland says it can cover any Libyan oil stoppage - story

Nigeria to shut 16 fuel depots over port congestion - story

Nigerian oil workers union prepares to strike over fuel prices - story

Petrobras eyes 1 million bpd from sub-salt wells - story

Privatization of Mexican oil will advance SPP objectives - story

Oil rebounds from two-day tumble - story

Venezuela, Belarus presidents tighten oil ties

AFP/BELTA/Gennady Semenov

President Hugo Chavez met Wednesday with his Belarussian counterpart President Alexander Lukashenko.

MINSK
Petroleumworld.com, July 24, 2008- story

Ahmadinejad vows no Iran
concessions in nuclear crisis

AFP/ Atta Kenare

Iran's President Mahmoud Ahmadinejad vows no Iran concessions in nuclear crisi

TEHRAN
Petroleumworld.com, July 24, 2008- story

Oil prices rise after slumping - story

World oil prices mixed on signs of US demand weakening - story

Dolly downgraded to tropical storm after pounding Texas, Mexico - story

White House sees 'urgency' to US-India nuclear pact - story

Brazil looks to WTO talks to boost biofuel exports - story

Swiss oil industry brushes off Libya threat - story

Nigeria rebels deny being paid by oil firm, vow more attacks - story

Russian official says TNK-BP visa woes not political: report - story

Hurricane Dolly slams into Texas - story

Houston Ship Channel closes due to rough seas: USCG - story

Gazprom to evaluate reserves at Venezuelan block by end-2008 - story

Belarus-Venezuela joint venture starts seismic operations in Orinoco River basin - story

Oil prices plunge on build in US gasoline reserves - story

Russia, Venezuela strengthen energy ties

AP /Alexander Nemenov

Russian President Dmitry Medvedev, right, and Venezuelan President Hugo Chavez seen at a news conference at the Meiendorf Castle residence outside Moscow on Tuesday, July 22, 2008.

BARVIKHA, Russia
Petroleumworld.com, July 23, 2008- story

Trinidad's total gas reserves decrease
declined 0.9% : annual audit

HOUSTON
Petroleumworld.com, July 23, 2008- story

Oil prices extend losses as Dolly fears recede - story

Ahmadinejad vows no Iran concessions in nuclear crisis - story

Hurricane Dolly swirls toward US-Mexico border - story

Oil prices lower as threat from hurricane eases - story

JPS, Petrojam to build $21b petcoke plant - story

Russia trumpets ties with Venezuela's Chavez - story

Tropical Storm Dolly nears hurricane force - story

US general warns Russia on nuclear bombers in Cuba - story

BP recalls staff in fresh twist to Russian dispute over TNK-BP - story

Brazil is a leader in a Latin America with leftist currents: McCain - story

New GDf Suez shares fall, Suez Environnement jumps - story

OPEC to hold extra meeting Dec 17 - story

Russia's TNK-BP, Lukoil, Gazprom sign agreements with Venezuela - story

Petrobras Finds oil, gas in Brazil's Espirito Santo basin - story

Pemex may drill abroad for first time if reforms fail - story

Oil prices shrink as Dolly set to miss refineries - story

Rice warns Iran of 'punitive measures'
over nuclear drive

AFP/DDP/Axel Schmidt

US State Secretary Condoleezza Rice, on her way to the
United Arab Emirates, warned Iran of "punitive measures".

ABU DHABI
Petroleumworld.com, July 22, 2008 - story

Biofuels depriving world of
100 million tons of cereals: FAO chief

HAVANA
Petroleumworld.com, July 22, 2008- story

Oil prices climb, with eyes on Dolly storm - story

Venezuela's Chavez arrives in Russia for arms talks - story

Mexican oil production down but export revenue up: Pemex - story

Anders Hatteland new StatoiHydro
head in Venezuela

StatoilHydro/Gisle Nomme

Anders Hatteland

CARACAS
Petroleumworld.com, July 22, 2008

StatoilHydro has appointed Anders Hatteland country president in Venezuela. - story

Mexican oil production down but export revenue up: Pemex - story

Oil prices rally on Dolly storm, Iran concerns - story

Brazil's Amorim says first day of WTO talks 'totally useless' - story

US: Iran, NKorea, still in 'axis of evil' - story

OPEC has sufficient excess capacity to meet demand: Khelil - story

British PM warns Iran in landmark Israel speech - story

US: Iran likely to reject nuclear offer - story

Tropical Storm Dolly threatens to grow into hurricane - story

Zimbabwe rivals draw line with pact signing - story

Kenyan group raises health fears over exploration oil deal - story

Chavez's Moscow arms deals trip delayed: ministry - story

Shell says to remove 185 personnel from US Gulf through Monday - story

OVL to bid for Ecuador blocks - story

Mexico's Pemex: operations normal despite storm - story

Petrobras production unaffected by labor strikes - story

Mexican President demands energy reform by consensus - story

Repsol extends oil production and exploration licenses in Lybia to 2032 - story

US warns Iran as nuclear talks yield no deal

GENEVA
Petroleumworld.com, July 18, 2008- story

BP blocks massive dividends to Russian partners: report

LONDON
Petroleumworld.com, July 21, 2008- story

Oil prices higher after Iran nuclear talks stall - story

Iran has two-week deadline for nuclear answer - story

China warns ExxonMobil to drop Vietnam deal: report - story

Chavez eyes major arms purchases in Russia: report- story

Ecuador looks to Iran and China in new oil refinery - story]

Bolivia's Morales banks on aid before recall vote - story]

Oil prices ease after steep plunge on demand worries - story

Latin American nationalisation damages EU ties: commissioner - story

Petrobras says all refineries operating normally despite strike - story

Pemex plans fuel supply reduction - story

Iran, EU and US to hold nuclear talks in Geneva - story

Gore urges total shift
to renewable energy to avert disaster

WASHINGTON
Petroleumworld.com, July 18, 2008- story

PDVSA agree with Petrozuata
bondholders and prepays bank loans

Petrozuata ThruPlus® Delayed Coking Technology unit at Jose, Venezuela

CARACAS
Petroleumworld.com, July 18, 2008- story

Oil rebounds after third day of heavy falls - story

Colombia grants 8 licenses in Southeastern Colombia oil areas - story

Pacific Rubiales awarded two blocks in Colombian heavy oil bidding round - story

Rice to receive briefing on Iran talks in UAE - story

IMF says global economy in 'tough spot' despite higher growth - story

TNK-BP chief says British, Russian partners 'poles apart': report - story

Nigerian oil workers union threatens to pull members out of Delta - story

France calls on gas-consuming countries to club together - story

France to test water near reactors after uranium leak - story

Nigerian villagers blow up key Agip pipeline: industry sources - story

Spanish restrictions on energy takeovers illegal: EU court - story

BPZ and Shell eye $600 million in Peru energy projects - story

Galp to get 1st shipment of Venezuela crude in Aug - story

Brazilian oil giant Petrobras issued a statement Wednesday night saying that it has launched a con - story

Wood Group to provide integrated maintenance services for Pluspetrol's Camisea project in Peru - story

Mexican oil wells drying up - story

Oil prices extend selloff to third day - story

French groups Suez-GDF combine
to form global energy giant

PARIS
Petroleumworld.com, July 17, 2008- story

Petrobras, union hold talks
as strike threatens to widen

Plataforma de perforacion de Petrobras

RIO DE JANEIRO
Petroleumworld.com, July 17, 2008- story

Oil prices edge higher in Asian trade - story

US move on Iran a big shift from 'axis of evil' days, analysts say - story

Talks to end Brazil oil workers strike stall, refinery workers to stage slowdown - story

Methanex, Geopark and Wintershall awarded gas exploration block in southern Chile - story

Chavez to stop oil shipments to the U S if ExxonMobil freeze PDVSA assets - story

Oil prices fall on surprise jump in US crude reserves - story

New French giant GDF Suez interested in British nuclear sites - story

Britain offers training to quell Niger Delta violence - story

Rice discusses Iran with Russian foreign minister: Moscow - story

Four reported killed in Nigerian attack - story

OECD issues report critical of biofuels, favours moratorium - story

Britain delays fuel duty increase amid oil price surge - story

Shell lifts force majeure on Nigeria's Bonny exports - story

Chevron restores 120,000 bpd oil output in Nigeria - story

Oil prices fall on surprise jump in US crude reserves - story

Oil prices plunge on worries
about economic downturn

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

OPEC revises 2008 world oil
growth forecast down to 1.20 pct

VIENNA
Petroleumworld.com, July 16, 2008- story

Saudi Arabian king slams oil speculators - story

Oil prices continue lower after sharpest fall in 17 years - story

Three-billion-dollar offshore oil drilling firm set up in Bahrain - story

Bush, Bernanke try to calm economic storm - story

Colombia rebels reject peace talks with Uribe - story

Ecuador, Venezuela build oil refinery on Pacific - story

Three-billion-dollar offshore oil drilling firm set up in Bahrain - story

Bernanke sees stress, risk, but lifts outlook - story

Saudis offer Moscow billions to break with Tehran: report - story

Transocean bags contracts for 4 rigs from Petrobras - story

ONGC ready to rope in Petrobras, Statoil - story

Petrobras record production; strike coming to an end - story

Mexico City to consult public on Calderon energy bill - story

Venezuela's oil min says prices will keep rising - story

Venezuela boosts investment in Bolivian oil, natural gas, Bolivian official says - story

Petrobras: Campos basin resume production

Petrobras/Steferson Faria

Plataformas da Bacia de Campos

CARACAS
Petroleumworld.com, July 15, 2008- story

Bush lifts offshore drilling ban

WASHINGTON
Petroleumworld.com, July 15, 2008- story

Oil prices mixed in Asian trading - story

Socialist Royal wants 'half of Total profits' to pay French fuel bills - story

Oil prices mixed on supply worries as Brazil strike begins - story