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PGI Energy announces $68m Contract

PGI energy is looking for ideal deal where it can sell the eight drilling rigs. In an association with Structural Dynamics Engineering, the company has announced a $68 m contract. This United States based energy holding company, involved in acquiring … Continue reading →

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Libya’s Oil Export Recovery Will Take More Than a Year, Shokri Ghanem Tells Petroleum Intelligence Weekly
Business Wire

2011-09-02

NEW YORK - In an extensive interview with Petroleum Intelligence Weekly (PIW), Shokri Ghanem, chairman of Libya’s National Oil Corporation until his defection in May, says he does not expect Libya to...

Europe to Boycott Syrian Oil Starting November 15
American Spectator

2011-09-02

By John Tabin on 9.1.11 @ 7:24PM As I noted last night, negotiations to finalize a European Union...

Duncan faces questions over Libya oil contract after firm he close links with secures deal
The Daily Mail

2011-09-02

A government minister was last night facing ‘serious questions’ over claims that an oil company to which he is closely linked was given ‘preferential’ access to Libya during...

Oil investment tips Learn what our advisers recommend	Click here to learn what you need to get started on Oil Finances eg. What are Oil ETFs? (See all)

EU to impose oil embargo on Syria
The Guardian

2011-08-30

Officials say cutting €3bn annual lifeline and in effect halting all business between Syria and EU will be serious blow to regime As Syrian president Bashir al-Assad, above right, celebrated Eid...

EU's Ashton condemns latest Syria violence as oil embargo looms
m&c;

2011-08-30

Brussels - European Union foreign policy chief Catherine Ashton condemned Tuesday the latest acts of violent repression by the Syrian regime, as the bloc was preparing to impose an oil embargo against...

Oil rises on U.S. spending, Greek bank merger
The Guardian

2011-08-30

* Greek bank merger, U.S. consumer spending lift mood * U.S. crude inventories likely up in week to Aug. 26 - poll * Eni signs Libya deal to restart oil, gas operations By Florence Tan SINGAPORE, Aug...

The Good Oil: Ferrari 458 gets folding hard top
NZ Herald

2011-08-27

The convertible version of the 458 Italia (pictured) that Ferrari has just released fills the space left by the F430 Spider and the 360, 355 and 348 Spiders before it. But whereas those went with...

Scientists say coriander oil could cure food poisoning
The Hindu

2011-08-24

Oil extracted from coriander, widely used in Indian and Mediterranean cuisines could be a natural alternative to common antibiotics, as scientists have found it fights against a range of toxic...

Obama's NATO War for Oil in Libya
Middle East Online

2011-08-24

Question: What do you call it when the full force of a United States/NATO aerial bombardment is coupled with political support for a ragtag rebel group that, when victorious, promises to hand over its...

Oil price outlook sours, Citi sees 20 pct fall
Indian Express

2011-08-23

Vikram Pandit-led Citigroup has cut its oil price forecast to one of the lowest levels among Wall Street peers, saying even if the United States printed more money, oil would stay depressed by weak...