JAKARTA, Nov 6 - Indonesia may seek compensation from a company operating a Timor Sea oil rig that leaked into Australian and Indonesian waters and then caught fire, a foreign ministry official said on Friday....
SYDNEY, Nov 1 - An oil rig operated by a unit of top Thai energy firm PTTEP in the Timor Sea, which has been leaking for 10 weeks, caught fire on Sunday, officials said. The...
TOKYO, Feb 18 - Japanese oil firm AOC Holdings said on Wednesday it would acquire 10 percent stakes in two oil blocks in the Norwegian sector of the North Sea from Canada's Talisman Energy. Acquisition...
LONDON --The U.K. Treasury is ready to consult the oil and gas industry on possible incentives for marginal fields but not a general tax cut, it said in a document published Monday. The decision is...
LONDON -- The U.K. Treasury is ready to consult the oil and gas industry on possible incentives for marginal fields but not a general tax cut, it said in a document published Monday. The decision...
CNOOC Ltd<0883><CEO>, a subsidiary of China National Offshore Oil Corp, on Aug. 13 announced that it has discovered a new oil field, which will be called Qinhuangdao 35-4 or QHD35-4, in the central and northern part of the Bohai Sea, sources reported.Tests predict that QHD35-4 will produce 1,700 barrels of...
China National Offshore Oil Corp plans to set up a crude oil base with a designed annual output of 50 million tons in the Bohai Sea, sources reported, said Deputy General Manager Zhou Shouwei on Jul. 19 at the opening of the first China Ocean Forum in Zhuhai, Guangdong Province. Zhou added that CNOOC also...
* Companies storing close to 100 million barrels of oil at sea * Trend set to continue LONDON, April 22 - Oil companies are storing close to 100 million barrels of crude oil at sea,...
* Companies storing near 100 million barrels of oil at sea * Trend set to continue LONDON, April 22 - Frontline, one of the world's biggest independent oil tanker owners, said on Wednesday oil companies...
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil company, started on Apr. 14 to invite bids for the oil exploration rights at 17 blocks in China's South China Sea, sources reported.A total of 42,020.6 square kilometers are covered in the bid invitation, of which 13 blocks are located in the...