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Oil & Gas

Nigeria oil rebels considering Obama truce appeal

May 5, 2008
According to Reuters, rebels who have stepped up attacks on Nigeria''s oil industry in the last month said recently they were considering a ceasefire appeal by U.S. presidential hopeful Barack
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Bolivia completes takeover of 4 energy companies

May 5, 2008
According to Reuters, Bolivia''s leftist government said recently it completed the purchase of majority ownership of four energy companies by buying back shares in the firms as part of a
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Ghana to expand Tema oil refinery to 145,000 bpd

May 1, 2008
According to Reuters, Ghana plans to expand the capacity of its only oil refinery from 45,000 barrels per day (bpd) to 145,000 bpd in three years as the country moves
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Scottish oil refinery strike ends

May 1, 2008
Workers returned to the Grangemouth refinery in central Scotland after a 48-hour strike that forced the closure of a major North Sea pipeline system, the Associated Press reported recently.UNITE, Britain''s
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Praxair plans plant after signing Samsung production deal

April 28, 2008
According to the Associated Press, industrial gas provider Praxair Inc. said recently it will build a new air separation plant in South Korea to meet increased demand from a new
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Exxon shuts nearly all Nigerian oil output

April 28, 2008
According to Reuters, Exxon Mobil has shut nearly all its Nigerian oil production, totalling around 770,000 barrels per day (bpd), due to a workers'' strike, a senior oil official and
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BP enters Brazil ethanol sector, buys JV stake

April 28, 2008
According to Reuters, BP Plc entered Brazil''s booming ethanol sector recently by taking a 50 percent stake in a big biofuels project and announcing ambitious investment in the sugar cane-based
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Strike in Scotland closes major North Sea oil pipeline

April 28, 2008
According to the Associated Press, hundreds of workers at Scotland''s only oil refinery began a 48-hour strike recently that forced BP PLC to shut a pipeline system that delivers almost
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Oil company cuts production in Nigeria following attack

April 21, 2008
According to the Associated Press, Royal Dutch Shell will cut oil production by 169,000 barrel per day in Nigeria after militants attacked two pipelines recently in the restive southern region.The
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Brazil evaluates size of big oil find

April 21, 2008
The Associated Press is reporting that the chief of Brazil''s state-run oil company said recently it would take up to three months to evaluate the size of what could be
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