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  1. General Oil News
 16 May 2008 : Pressure builds over Bush-Saudi oil talks  {usatoday.com}
President Bush visits Saudi Arabia today to meet with the leader of the world's leading oil-producing nation amid growing pressure to do . . .
 
 16 May 2008 : China may raise threshold for windfall tax on oil gains  {China Daily}
The Chinese government is considering raising the threshold of windfall tax levy on gains from crude oil, but the timing is not . . .
 
 15 May 2008 : Reliance mega-refinery to redraw fuel trade routes  {Reuters}
When Reliance Industries opens a second huge refinery in India this summer, world oil consumers may heave a sigh of . . .
 
 15 May 2008 : Oil production taxation  {helenair.com}
With gasoline approaching $3.50 a gallon, and Exxon-Mobil raking in over $40 billion in profits in 2007, it's time for Montanans pay attention to . . .
 
 15 May 2008 : Oil cos. expect battles over polar bear listing  {Associated Press}
The lawyers aren't clearing their calendars just yet, but the oil industry is bracing for some courtroom battles to maintain its . . .
 
More news on General Oil News | ^Jump to the top^
  2. Oil Prices
 16 May 2008 : Oil near $125 on heating oil supply strain  {finance.cz}
Oil rebounded to near $125 a barrel on Friday, led by the bullish heating oil market as China and . . .
 
 15 May 2008 : Crude oil prices climb Thursday morning  {United Press International}
Crude oil prices climbed to nearly $125 a barrel Thursday on the New York Mercantile Exchange after dipping on . . .
 
 15 May 2008 : World crude oil prices lower in Asian trade   {newsonair.com}
World crude oil prices continued lower in Asian trade today after an unexpectedly-low rise in United States crude stocks and . . .
 
 15 May 2008 : Gasoline, oil prices diverge   {sun-sentinel.com}
Gas prices roared above $3.75 a gallon Wednesday, while oil prices fell after an Energy Department report gave a mixed picture of . . .
 
 15 May 2008 : Financial markets have fuelled oil price rally-Saudi  {guardian.co.uk}
The rise in global oil prices in recent years has more to do with financial market volatility than fundamentals, Saudi Oil . . .
 
More news on Oil Prices | ^Jump to the top^
  3. Oil Exploration
 16 May 2008 : Exploration firm fired up over Casino gas find  {The Northern Star}
The cattle industry may have contributed to Casino being the region's methane capital, but a different kind of methane could be . . .
 
 15 May 2008 : Tullow Oil plans to drill 25 wells this year in Ghana  {independent.ie}
Tullow Oil yesterday told shareholders that its business has reached a new level this year, driven by the exceptional exploration and . . .
 
 15 May 2008 : Pemberton adds two shale gas targets to its oil play   {Fox Business}
Pemberton Energy Ltd. ("Pemberton") is pleased to announce that after further evaluation by our geological team of the . . .
 
 15 May 2008 : Premier wants new Black Sea oil exploration deal  {KYIV Post}
Prime Minister Yulia Tymoshenko declared on May 12 she wants to change the contract under which US natural gas and oil firm . . .
 
 14 May 2008 : Swedish oil and gas E&P company Lundin Petroleum AB announces  {Trading Markets}
Swedish independent oil and gas company Lundin Petroleum AB announced on wednesday a new oil and gas discovery . . .
 
More news on Oil Exploration | ^Jump to the top^
  4. Oil Demand & Consumption
 16 May 2008 : Al-Naimi expects big oil demand from Asia  {Arab News}
Petroleum and Mineral Resources Minister Ali Al-Naimi said yesterday that Asian oil consumption was projected to increase by . . .
 
 15 May 2008 : Exxon CEO says fuel prices eroding demand  {Houston Chronicle}
Exxon Mobil Chief Executive Officer Rex Tillerson said worldwide gasoline demand is slowing because of . . .
 
 15 May 2008 : OPEC cuts 2008 global oil demand forecast as OECD consumption seen lower   {Forbes}
OPEC has cut its 2008 global oil demand forecast, amid expectations that OECD consumption will tail off this year on weakening call for . . .
 
 14 May 2008 : Oil refiners see profits sink as consumption falls  {The New York Times}
While drivers are facing sticker shock at the pump these days, here is a bigger shock: high prices are putting a strain on . . .
 
More news on Oil Demand | More news on Oil Consumption | ^Jump to the top^
  5. Oil Output
 15 May 2008 : Russian leaders pledge to stimulate oil production   {Internation Herald Tribune}
Prime Minister Vladimir Putin and his new energy czar, Deputy Prime Minister Igor Sechin, have gone on the . . .
 
 15 May 2008 : Norway trims 2008 oil and gas output forecast  {Reuters}
Norway's Labour-led government trimmed its 2008 oil production forecast to 2.4 million barrels per day from a . . .
 
 15 May 2008 : Petrobras oil gas production up 5.1% in Brazil  {edubourse.com}
Petrobras’ average oil and natural gas production in Brazil reached 2,157,226 barrels of oil equivalent per day (boe) in April, 5.1% more than a . . .
 
 15 May 2008 : PetroChina says restores a third of quake-hit gas output  {Reuters}
PetroChina, the dominant energy supplier in China's quake-affected southwest, said on Thursday that one third of the . . .
 
 15 May 2008 : Sechin looks to raise oil output  {The Moscow Times}
Prime Minister Vladimir Putin and his new energy policy director, Deputy Prime Minister Igor Sechin, went on the . . .
 
More news on Oil Output | ^Jump to the top^
  6. Oil Transportation
 15 May 2008 : Maritimes open house tonight on pipeline project   {villagesoup.com}
Maritimes & Northeast Pipeline, L.L.C. is proposing to expand its natural gas pipeline system to transport new natural gas supplies from . . .
 
 15 May 2008 : Putin turns on the taps at Baltic oil terminal, as Russia seeks to expands exports   {KYIV Post}
Prime Minister Vladimir Putin turned on the taps Wednesday at a new, Baltic Sea oil-export facility, the latest project by . . .
 
 15 May 2008 : Shell moves to step up fuel exports  {canada.com}
Royal Dutch Shell PLC may build additional facilities at its Pernis oil refinery in Rotterdam, Europe's largest, to export more fuel . . .
 
 14 May 2008 : Crude Oil declines before report forecast to show supply gain   {Independent.ie}
Crude oil fell from a record in New York before a report forecast to show that U.S. crude inventories advanced for a . . .
 
 14 May 2008 : Japan sells Qatar Marine crude to Nippon Oil  {Reuters}
Japan's trade ministry has sold 76,000 kilolitres (about 478,000 barrels) of Qatar Marine crude oil for . . .
 
More news on Oil Transportation | ^Jump to the top^
  7. Oil Companies
 16 May 2008 : Petrobras postpones decision on buying Aruba refinery  {petroleumworld.com}
Petroleo Brasileiro SA, Brazil's state-controlled oil producer, has postponed a decision on whether to acquire a . . .
 
 15 May 2008 : Gazprom presented with 1/3 of nation's gas reserve  {kommersant.com}
Before Dmitry Medvedev’s inauguration, Russia’s gas monopoly Gazprom had received a generous farewell gift from him. With no . . .
 
 15 May 2008 : Saudi Aramco, Total to build refinery in Al-Jubail  {ICIS}
Saudi Aramco and French major Total have confirmed their decision to build a 400,000 bbl/day refinery in Al-Jubail, Saudi Arabia, the company said . . .
 
 15 May 2008 : Poland's PKN Orlen and Lotos Q1 profits surge on oil inventory boost  {Forbes}
Poland's state-controlled oil companies PKN Orlen and Grupa Lotos said their first-quarter earnings soared above expectations as revaluation of their crude . . .
 
 15 May 2008 : EU approves ČEZ joint venture with Hungary's MOL  {praguemonitor.com}
The European Commission has approved the establishment of a joint venture of Czech state-run power producer . . .
 
More news on Oil Companies | ^Jump to the top^
  8. Oil Contracts
 15 May 2008 : EDP signs contracts for gas, wind, thermal power with Venezuela's PDVSA   {Forbes}
EDP Energias de Portugal, SA has signed three agreements with Venezuelan state-owned oil and gas company PDVSA covering the . . .
 
 15 May 2008 : Korea, Kazakhstan sign oil exploration deal   {chosun.com}
Korea and Kazakhstan on Wednesday agreed to jointly explore the Zambil Mine in the northwestern Caspian Sea. The . . .
 
 14 May 2008 : Oil Search signs Iraq contract  {arabianbusiness.com}
It has been announced that Oil Search has signed a production-sharing contract in Iraq for an area with . . .
 
 14 May 2008 : KGHM and PGNiG try again to reach a gas deal  {Warsaw Business Journal}
The new management boards are planning to take a final decision in terms of the yet unrealized contract from . . .
 
 14 May 2008 : Malaysia Petronas in Uzbekistan oil-production deal  {Reuters}
Malaysian state oil firm Petronas [PETR.UL] has signed a production-sharing agreement for a group of . . .
 
More news on Oil Contracts | ^Jump to the top^
  9. Oil Stocks
 15 May 2008 : DNO gains on hopes of Iraq oil exports  {Reuters}
Shares in Norwegian energy group DNO International jump 4.3 percent to 10.51 crowns on renewed hopes that it would receive in 2008 a permit to . . .
 
 15 May 2008 : Oil recovers above $124 after fall on U.S. stocks  {Reuters}
Oil edged up on Thursday, recovering after rising U.S. distillates stocks and Iran's reassurances that it would not . . .
 
 15 May 2008 : Senate sends oil bill to president   {Associated Press}
The Senate late Wednesday approved and sent to the White House legislation directing President Bush to temporarily halt . . .
 
 14 May 2008 : Indonesian shares higher in early trade, led by energy stocks, Indocement   {Forbes}
Indonesian shares were higher in early trade on Wednesday due to an extended rally in energy-related stocks and . . .
 
 14 May 2008 : Asian stocks flat, oil stays near record high  {Reuters}
Asian stocks struggled to make gains on Wednesday as the benefits of a firm dollar were offset by weakness in the financial sector, oil prices near . . .
 
More news on Oil Stocks | ^Jump to the top^
  10. Oil Pollution
 15 May 2008 : Crews still cleaning up big oil spill  {wickedlocal.com}
State and federal environmental officials, along with private engineering and waste disposal firms, continue to try and contain and clean up an . . .
 
 14 May 2008 : 1,500 gallons of gs spill into SF Bay  {cbs2chicago.com}
The Coast Guard says about 1,500 gallons of gasoline and diesel fuel has spilled into San Francisco Bay after a tugboat hit a . . .
 
 14 May 2008 : BP reports small leak at Prudhoe Bay oil well   {CNN}
BP PLC said Wednesday a small oil leak occurred while a worker was trying to bring a well back online earlier this week at . . .
 
 14 May 2008 : Tulva River polluted by oil spill from oil pipeline in Perm region  {itar-tass.com}
Oil has spilled into the Tulva River in the Osinsky district of the Perm Territory. According to information provided to Itar-Tass by . . .
 
 13 May 2008 : Singapore-based shipping line pays $27,500 for oil spill  {The Seattle Times}
A Singapore-based shipping line has paid a $27,500 fine for a 2006 oil spill in Seattle's Elliott Bay, the state Department of Ecology said . . .
 
More news on Oil Pollution | ^Jump to the top^
  11. Opec News
 16 May 2008 : Opec trims oil demand forecast; price drops $3  {Gulf News}
Opec yesterday trimmed its forecast for global growth in oil demand in 2008, the latest sign that record oil prices are . . .
 
 15 May 2008 : OPEC trims 2008 global oil demand forecast   {Khaleej Times}
OPEC on Thursday trimmed its forecast for global growth in oil demand in 2008, the latest sign that record oil prices are slowing consumption in the . . .
 
 15 May 2008 : OPEC crude price stable close to 119 dollars  {topnews.in}
The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) remained stable, hovering just . . .
 
 14 May 2008 : OPEC crude price down 89 cents  {Monsters & Critics}
The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) was down 89 cents on . . .
 
 14 May 2008 : Iran to replace Opec governor  {Gulf Times}
Iran will replace its long-time governor to the Organisation of the Petroleum Exporting Countries (Opec), a source at Iran’s oil ministry said . . .
 
More news on Opec News | ^Jump to the top^
  12. Biofuels
 16 May 2008 : Bio-jet fuel plan from Airbus, Honeywell  {The New Zealand Herald}
Plane maker Airbus and manufacturer Honeywell say they are developing a biofuel that by 2030 could satisfy nearly a third of the . . .
 
 15 May 2008 : D1 set up biofuels trial in Sumatra  {greenbang.com}
The company, a UK producer of biofuels, is trialling the potential of Jatropha curcas, its main biodiesel crop, in . . .
 
 15 May 2008 : Backlash against biofuels could drive up energy costs  {The China Post}
A backlash against biofuels that are widely blamed for contributing to a staggering spike in global food prices could have the . . .
 
 15 May 2008 : European Commission president orders study on biofuels/food link  {autoindustry.co.uk}
The European Commission president José Manuel Barroso has ordered a study into possible links between biofuels and the recent rapid rises in food prices, reports the . . .
 
 14 May 2008 :  DuPont forms $140M ethanol joint venture  {delmarvanow.com}
DuPont said today it has formed a joint venture with a Danish company to develop and commercialize cellulosic ethanol, or fuel derived from . . .
 
More news on Biofuels | ^Jump to the top^

  Oil & Gas Conferences in the next 30 days
^Jump to the top^
 6th Asia Petrochemicals Technology Conference & Exhibition :   From 15th May 2008 to 16th May 2008 at Kuala Lumpur.
 Bunkering in the Baltic And North Sea :   From 15th May 2008 to 16th May 2008 at Hamburg.
 Mature Fields Development and Recovery Optimisation :   From 15th May 2008 to 16th May 2008 at Vienna.
 Mediterranean Offshore Conference & Exhibition 2008 :   From 20th May 2008 to 22nd May 2008 at Alexandria.
 Nigeria Gas 2008 :   From 20th May 2008 to 23rd May 2008 at Abuja.
 Navalia 2008 :   From 20th May 2008 to 22nd May 2008 at Vigo.
 Scandinavian Oil and Gas :   From 21st May 2008 to 22nd May 2008 at Oslo.
 30th Annual Propulsion & Emissions Conference 2008 :   From 21st May 2008 to 22nd May 2008 at Gothenburg.
 Middle East Petrotech 2008 :   From 25th May 2008 to 28th May 2008 at Manama.
 5th MidEast Upstream 2008 :   From 27th May 2008 to 28th May 2008 at Dubai.
 Africa/Middle East Oil & Gas Flow Assurance Summit 2008 :   From 27th May 2008 to 28th May 2008 at Cairo.
 Handysize & Handymax Markets 2008 :   From 27th May 2008 to 29th May 2008 at Bangkok.
 Shipping Finance Asia 2008 :   From 27th May 2008 to 29th May 2008 at Singapore.
 CIS Oil & Gas Summit :   From 28th May 2008 to 30th May 2008 at Paris.
 Next Gen Bio-Ethanol :   From 28th May 2008 to 29th May 2008 at Geneva.
 Advanced Contract Risk Management in Upstream Oil & Gas :   From 28th May 2008 to 30th May 2008 at Texas.
 18th European Symposium on Computer Aided Process Engineering :   From 1st June 2008 to 4th June 2008 at Lyon.
 APEC Biofuels Summit 2008 :   From 1st June 2008 to 3rd June 2008 at Qingdao.
 MENA Drilling Technology Forum :   From 1st June 2008 to 4th June 2008 at Doha.
 16th European Biomass Conference & Exhibition :   From 2nd June 2008 to 6th June 2008 at Valencia.
 Posidonia Exhibition :   From 2nd June 2008 to 6th June 2008 at Piraeus.
 Caspian Oil & Gas 2008 :   From 3rd June 2008 to 6th June 2008 at Baku.
 Power-Gen Europe 2008 :   From 3rd June 2008 to 5th June 2008 at Milan.
 Asia Oil D&R 2008 :   From 3rd June 2008 to 4th June 2008 at Beijing.
 OGIS London :   From 3rd June 2008 to 3rd June 2008 at London.
 Europe Upstream 2008 :   From 4th June 2008 to 5th June 2008 at London.
 Biofuels International Expo & Conference :   From 4th June 2008 to 5th June 2008 at Rotterdam.
 Strategic Plant Reliability&Maintenance Management :   From 5th June 2008 to 6th June 2008 at Bangkok.
 13th Annual Asia Oil & Gas Conference :   From 8th June 2008 to 10th June 2008 at Kuala Lumpur.
 70th EAGE Conference & Exhibition incorporating SPE EUROPEC 2008 :   From 9th June 2008 to 12th June 2008 at Rome.
 Global Petroleum Show 2008 :   From 10th June 2008 to 12th June 2008 at Calgary.
 Global Petroleum Career Exposition :   From 10th June 2008 to 12th June 2008 at Calgary.
 World Biofuels Forum 2008 :   From 10th June 2008 to 11th June 2008 at Prague.
 JatrophaWorld 2008 :   From 10th June 2008 to 11th June 2008 at Miami.
 Talent Mangement Oil Gas and Energy :   From 10th June 2008 to 11th June 2008 at Texas.
 Subsea Asia 2008 :   From 11th June 2008 to 13th June 2008 at Kuala Lumpur.
 GTA 2008 :   From 11th June 2008 to 13th June 2008 at Kuala Lumpur.
See all events | ^Jump to the top^

  Oil & Gas Training events in the next 30 days
^Jump to the top^
 Introduction to Energy Trading Using Options :   From 15th May 2008 to 16th May 2008 at Calgary.
 Basic Drilling Technology :   From 19th May 2008 to <