Thursday, February 12, 2009

Total Beats Estimates and Eni Sells Livorno Refinery


"Total Beats Profit Estimates, Will Maintain Investment Spending in 2009"
Total SA, Europe’s third largest oil company, reported fourth quarter earnings that beat analyst estimates and pledged to maintain investment spending at a similar level to last year to revive production growth....Complete Story

"Api Said to Join Investors in Offering to Buy Eni's Livornro Oil Refinery"
Anonima Petroli Italiana SpA, an Italian gas station company, together with a group of investors, has made an offer to buy an Eni SpA refinery in Livorno, Italy, said Enrico Risaliti, a businessman who is part of the bid....Complete Story

"Unconventional Gas Boosts Outlook for Future Supply"
CERA has augmented its expectations for North American gas supply in the wake of successful unconventional gas production....Complete Story

"Shell Declares Force Majeure on Nigeria Bonny Oil"
Royal Dutch Shell declared force majeure on its Nigerian Bonny oil shipments due to insecurity in the Niger Delta....Complete Story

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