Showing posts with label Cubapetroleo. Show all posts
Showing posts with label Cubapetroleo. Show all posts

Saturday, July 18, 2009

Petrobras Opens Cuba Office for oil Search


In a move to prepare for possible oil drilling in Cuba, Brazil's state controlled energy giant Petrobras opened an office in Cuba, the company announced Thursday. As part of its exploratory stage, Petrobras is currently analyzing results of seismic surveys carried out within the block it acquired last October in the communist ruled country's waters of the Gulf of Mexico. According to the terms of its contract with Cupet, Cuba's state owned oil company, Petrobras has until May 2010 to decide whether to begin drilling.....Complete Story

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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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