Pirates free Singapore oil tanker
Pirates have released a Singapore-registered tanker off Nigeria, Xinhua reported.
Oil and Gas News Source: Oil and Gas News
Ukraine, Germany sign gas supply deal
Kiev, May 11 (Xinhua-ANI): Ukraine's state-run oil firm Naftogaz said Friday that it has signed a framework agreement with Germany's RWEST Company on supplying natural gas to Ukraine.
Oil and Gas News Source: Oil and Gas News
US Oil Sands Increases Maximum Private Placement to $11 Million
$9,000,000 private placement financing, the Company and Dundee Securities Ltd., on behalf of a syndicate including FirstEnergy Capital Corp. (the "Agents") have determined to increase ...
Oil and Gas News Source: Oil and Gas News
No immediate rollback in petrol prices
Union Oil Minister Jaipal Reddy on Friday came out in stoutefence of Centre's move to hike the petrol prices, dousing any hopes of an immediateollback while claiming that there are no "instant solutio
Oil and Gas News Source: Oil and Gas News
BP to sell stake in Russia's TNK-BP joint venture
LONDON - British energy major BP plans to sell its 50% stake in its beleaguered TNK-BP Russian joint venture following "unsolicited indications of interest" in the holding, the company announced Frida
Oil and Gas News Source: Oil and Gas News
World War II shell found near Euro stadium in Ukraine
A World War II mortar shell was discovered Friday near a stadium in Ukraine's Lvov city where Euro 2012 matches are to be held, the interior ministry said.
Oil and Gas News Source: Oil and Gas News
Kevin Costner wins court case against Stephen Baldwin
A federal jury threw out a claim by Stephen Baldwin and his friend, Spyridon Contogouris, that Costner and a business partner duped them by keeping them uninformed on a multimillion-dollar deal betwee
Oil and Gas News Source: Oil and Gas News
The price of oil has dropped significantly, let's hope that global prices for goods and services also reflect this drop and do not remain inflated.
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