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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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Oil chief warns of reduced output
Irish Times

2011-09-06

JAVIER BLAS in Benghazi LIBYAN OIL production will not return to pre-war levels until late next year at the earliest, with many of the country's oil facilities having suffered heavy damage and looting...

Crude Oil Extends Decline in New York on Speculation U.S. Economy Slowing
Bloomberg

2011-09-06

Oil extended declines in New York as investors speculated that signs of a weakening U.S. economy indicate fuel demand will falter in the world’s biggest crude- consuming nation. Futures slipped as...

New oil well-capping device unveiled at Offshore Europe
BBC News

2011-09-06

A new well-capping device, aimed at combating a major oil and gas offshore incident,...

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 bans Syrian oil
Khaleej Times

2011-09-02

BEIRUT ' The European Union banned oil imports from Syria on Friday in a move that will cost the embattled regime millions of dollars each day as it tries to crush a resilient uprising that has railed...

EU Syrian oil embargo announced, to kick in on November 15
m&c;

2011-09-02

Brussels/Sopot, Poland - The European Union announced Friday an oil embargo against Syria, but diplomats pointed out that on Italy's insistence full implementation of the measure was delayed by a...

UK: EU to seek ban of sale of Syria oil to Europe
Breitbart

2011-09-01

Secretary of State Hillary Rodham Clinton meets with French President Nicolas... Secretary of State Hillary Rodham Clinton meets with French President Nicolas... Secretary of State Hillary Rodham...

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...