Petroleos de Venezuela’s Record Revenue of $128 Billion
Bloomberg reported that Petroleos de Venezuela SA has announced a record annual revenue of $127.8 billion in 2011.
Read the full article: "Petroleos de Venezuela’s Record..."
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TNK-BP to Spend $12 Billion in Arctic Yamal
Wednesday, February 8, 2012
Bloomberg reported that TNK-BP (OTC Pink:TNKBF) intends to spend $12 billion on four fields in the Arctic Yamal region.
Read the full article: "TNK-BP to Spend $12 Billion in Arctic Yamal"
PDVSA to Raise Orinoco Belt Output 39% in 2012
Tuesday, February 7, 2012
Bloomberg reported that Petroleos de Venezuela SA intends to raise oil production in the Orinoco heavy oil belt by 39% in 2012.
Read the full article: "PDVSA to Raise Orinoco Belt Output 39% in..."
Baytex Energy is a Significant Dividend Stock
Thursday, February 2, 2012
Seeking Alpha reported that Baytex Energy (NYSE:BTE) is a significant stock that pays shareholders good dividends and tend to have rising share price.
Read the full article: "Baytex Energy is a Significant Dividend Stock"
PetroNova Shares Rose 13 Percent After Colombia’s Llanos Oil Discovery
Wednesday, February 1, 2012
Reuters Africa reported that PetroNova Inc’s (TSX:PNA) shares rose 13 percent after it found oil at a well in Colombia’s Llanos basin.
Read the full article: "PetroNova Shares Rose 13 Percent After..."
U.S. Gulf Coast Oil Premiums Gained
Monday, January 30, 2012
Bloomberg reported that U.S. Gulf Coast oil premiums gained after the gap between West Texas Intermediate and Brent decreased 16 cents to $11.74.
Read the full article: "U.S. Gulf Coast Oil Premiums Gained"
Saudi Oil Can Replace Large Share of Iran Heavy Oil Exports
Friday, January 27, 2012
Bloomberg reported that according to the Economist Intelligence Unit, Saudi Arabia has excess crude to replace a large share of the heavy oil exported by Iran.
Read the full article: "Saudi Oil Can Replace Large Share of Iran..."
Occidental Petroleum 2011 Q4 Revenue Rose 27.8%
Wednesday, January 25, 2012
Zacks reported that Occidental Petroleum Corporation’s (NYSE:OXY) 2011 Q4 revenue rose 27.8% to $2.02 per share from $1.58 per share.
Read the full article: "Occidental Petroleum 2011 Q4 Revenue Rose..."
Heavy Louisiana Sweet Dropped 35 Cents to $12.15
Tuesday, January 24, 2012
Bloomberg reported that U.S. Gulf Coast oil premiums wavered after premium of Brent to WTI dropped 12 cents to $10.88.
Read the full article: "Heavy Louisiana Sweet Dropped 35 Cents to..."
U.S. Gulf Coast Oil Premiums Gained After WTI-Brent Gap Increased
Thursday, January 19, 2012
Bloomberg reported that the premiums for U.S. Gulf Coast oils gained after the gap between U.S. benchmark West Texas Intermediate and Brent crude increased.
Read the full article: "U.S. Gulf Coast Oil Premiums Gained After..."
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Thursday, February 9, 2012