A South Korean consortium is offering to sell stakes in its oil fields in Yemen, estimated to hold 36 million barrels of crude reserves. For full story, click here
A South Korean consortium is offering to sell stakes in its oil fields in Yemen, estimated to hold 36 million barrels of crude reserves. For full story, click here
Kuna declared that South Korea’s crude oil imports from the Middle East in the first two months of 2009 surged 13.3% from the same period of 2008 with accounting for 84.7% of the total, up 1.0%. For full story, click here
Hyundai Engineering said that it plans to build a $581.7 mn heavy oil upgrading unit for sister company Hyundai Oilbank. For full story, click here For company’s website, click here
With the recent pullback in oil stocks, several lesser know South American oil companies are now attractive value stories. For full news, click here
Tuesday, June 23, 2009