Sunday, January 11, 2009

Crude Oil Industry Headline News


"Saudi Supertanker Sirius Sails to Dammam After Pirates Hijack"
Saudi Arabian oil supertanker Sirius Star, which was hijacked by Somali pirates in November, has been released and is leaving the African country’s territorial waters....Complete Story

"Cuba Produced 4MM Tons Of Oil And Gas In 2008"
State owned Cubapetroleo produced the equivalent of more than 4 million tons of oil and accompanying gas in 2008, up 1.3% over the previous year....Complete Story

"Ecuador Suspends Output Of Foreign Oil Firms To Comply With OPEC Cuts"
The Ecuadorian government has decided to suspend oil production by Italy's Agip and France's Perenco, both of which operate in the Amazon region, to comply with new OPEC cuts....Complete Story

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