Posts Tagged ‘opec’

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6 lessons from the BP oil spill

Monday, July 12th, 2010

What the tragedy of the BP oil spill has taught us about regulations, technology, and how our energy diet must change.

Source: www.cbs8.com

Saudi Aramco to Provide Full August Contractual Crude Oil Volumes to Asia

Monday, July 12th, 2010

Saudi Arabian Oil Co., the world’s largest state-owned oil company, will supply full contractual volumes of crude to Asia for loading in August, according to refinery officials.

Source: www.bloomberg.com

Six lessons from the BP oil spill

Saturday, July 10th, 2010

For years to come, the United States and the oil industry will be absorbing the lessons of the BP spill in the Gulf of Mexico. Regulators will toughen inspections. Oil companies will adopt more rigorous safeguards. New cleanup technologies will emerge from university and corporate laboratories. And spill drills could become a regular part of coastal communities’ emergency planning.

Source: news.yahoo.com

OPEC oil reserves rise 4 pct in 2009, income slides

Tuesday, July 6th, 2010

* OPEC proven oil reserves up 4 pct to 1.06 tln barrels

Source: ph.news.yahoo.com

OPEC oil reserves rise in 2009, income slides

Tuesday, July 6th, 2010

OPEC income from oil, gas falls 43% to $US575 billion. 7 Jul 2010 1:03 AM

Source: www.businessspectator.com.au

$100 Oil Is Coming Sooner Than You Think

Monday, July 5th, 2010

Sentiment in the crude oil market has been quite pessimistic lately after some disappointing economic data fueling fear over the strength of the U.S. recovery, and signs of a possible China slowdown.

Source: www.businessinsider.com

$100 Oil: Sooner Than You Think

Monday, July 5th, 2010

By Dian L. Chu, Economic Forecasts & Opinions   Sentiment in the crude oil market has been quite pessimistic lately after some disappointing economic data fueling fear over the strength of the U.S. recovery, and signs of a possible China slowdown. This is on top of the market distress already exerted by the Europe sovereign debt and banking crisis. Oil price was down 8% for the week, with the …

Source: www.zerohedge.com

Nigeria: Decline in Production Lowers Opec June Output

Thursday, July 1st, 2010

Nigeria’s crude oil production tumbled 75,000 barrels to 2.01 million barrels, the first decrease since February and the largest reduction of any member of the Organisation of Petroleum Exporting Countries (OPEC), a Bloomberg survey of oil companies, producers and analysts has revealed.

Source: allafrica.com

Decline in Nigeria’s Production Lowers OPEC June Output

Thursday, July 1st, 2010

Nigeria’s crude oil production tumbled 75,000 barrels to 2.01 million barrels, the first decrease since February and the largest reduction of any member of the Organisation of Petroleum Exporting Countries (OPEC), a Bloomberg survey of oil companies, producers and analysts has revealed.

Source: www.thisdayonline.com

Oil Spill: OPEC Asks US to Revisit Offshore Drilling Ban

Wednesday, June 30th, 2010

Nigeria and other members of the Organisation of Petroleum Exporting Countries (OPEC) have called on the United States to reconsider a recent ban on new deepwater drilling in response to the disaster caused by a ruptured BP oil well in the Gulf of Mexico.

Source: www.thisdayonline.com