Russia May Lower Heavy Oil Export Duty to 10%
Bloomberg reported that according to Kommersant, Russia is likely to decrease the export duty for heavy crude to 10 percent.
Archive for February, 2012
Heavy Louisiana Sweet Oils Premiums Increased
Bloomberg reported that Light Louisiana Sweet and Heavy Louisiana Sweet oils premiums increased after the gap between WTI and Brent widened.
Crestwood Midstream: 2011 Q4 Results
Crestwood Midstream Partners LP (NYSE:CMLP) announced its 2011 fourth quarter financial results.
Petrominerales and Veraz: Update on Block 126 in Peru
Petrominerales Ltd. (TSX:PMG) and Veraz Petroleum Ltd. (TSXV:VRZ) updated on the drilling progress on Block 126 in Peru.
TransCanada to Construct Oklahoma to Texas Coast Segment
Bloomberg reported that TransCanada Corp. (NYSE:TRP) has planned to continue building a $2.3 billion segment of the Keystone XL oil pipeline from Oklahoma to the Texas coast.
Nexen Reports First Oil Production From Usan Field
Nexen Inc. (NYSE:NXY) reported the production of initial oil from the Usan field, offshore West Africa.
Standard Exploration Drills Test Well at Montney Oil Well
Standard Exploration Ltd. (TSXV:SDE) has drilled the Test Well at Montney oil well.
Horn Petroleum Updates on Exploration Activities in Puntland
Horn Petroleum Corporation (TSXV:HRN) has updated on the exploration activities in Puntland, Somalia.
Tuscany Energy Starts Dina Heavy Well Drilling at Macklin
Tuscany Energy Ltd. (TSXV:TUS) has started drilling program at 3 horizontal Dina heavy oil wells in the Macklin, Saskatchewan area.
U.S. Gulf Coast Oil Premiums Widened After Brent Crude Rose 0.6%
Bloomberg reported that U.S. Gulf Coast oil premiums widened after Brent crude rose 0.6 percent.
