Category Archives: Oil Investments

India Announces Stake in ConocoPhillips Kashagan Project

Posted on November 27, 2012 by Oil.com Editorial Team

ConocoPhillips (COP) who was looking to sell its 8.4% interest in the troubled Kashagan oil field in Kazakhstan has finally found an Indian buyer. Oil & Natural Gas Corp. (ONGC), the Indian oil state group has announced its biggest overseas acquisition … Continue reading →

Posted in Oil Investments, Oil Resources | Tagged ConocoPhillips, Kashagan Field, Kazakhstan, Oil & Natural Gas Corporation, oil investments, Oil Resources, ONGC | Leave a comment

India to Invest in Ghana Crude Oil

Posted on July 10, 2012 by Oil.com Editorial Team

India is avidly interested in investing in the oil opportunities presented in Ghana. Ghana started oil production in 2010 and at present produces up to 70,000 barrels per day.

Posted in News, Oil Investments | Leave a comment

US Exempts India and 6 Others from Iran Oil Sanctions

Posted on June 12, 2012 by Oil.com Editorial Team

US government granted exemptions to India along with 6 other countries including Malaysia, South Africa, Sri Lanka and Taiwan from Iran Oil Sanctions.

Posted in News, Oil Investments, Oil Prices, Oil Resources | Tagged China, Iran, Oil, Oil economy, Oil Industry, Oil Prices, Prices on oil, sanctions, United States, US, US economy | Leave a comment

U.S. and Mexico Agree to Share Gulf Oil

Posted on February 21, 2012 by Oil.com Editorial Team

Secretary of State Hillary Rodham Clinton and Mexico’s Foreign Minister Patricia Espinosa, sign the US-Mexico Agreement Concerning Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico, Monday, Feb. 20, 2012, in Los Cabos, Mexico. From left are, Clinton, Interior Secretary Ken … Continue reading →

Posted in News, Oil Investments | Tagged agreement, Felipe Calderon, Gulf of Mexico, Hillary Rodham Clinton, Jordy Herrera, Ken Salazar, Los Cabos, maritime border, Mexico, natural gas, Oil, oil and natural gas reserves, Patricia Espinosa, Pemex, United States | Leave a comment

The Greece Bailout

Posted on November 8, 2011 by Oil.com Editorial Team

The bailout for Greece by the EU caused oil prices to float above $94 on Monday. However, even as the Greece debt crisis is being sorted, worries of a similar problem in Italy loom on the horizon. Oil prices shuffle … Continue reading →

Posted in News, Oil Investments, Oil Prices | Tagged EU, EU rescue package, Greece bailout, Greece debt crisis, International Energy Agency, Italy debt crisis, Oil Prices, OPEC, U.S. Energy Information Administration | Leave a comment

Giant oil strike discovered in North Sea

Posted on August 17, 2011 by Oil.com Editorial Team

The future looks promising to ‘Statoil’, a Norwegian Energy Company which discovered a large oil field in the North Sea. This is the largest oil field discovered in the North Sea in the last 30 years.

Posted in News, Oil Investments, Oil Prices, Oil Resources | Tagged North Sea, Norway, Norwegian Energy Company, Oil, Oil production, oil spill, Oil strike | Leave a comment

Oil Industry: Upcoming Jobs in Gulf of Mexico

Posted on July 12, 2011 by Oil.com Editorial Team

As per market scenario, an oil driller predicted that about 190,000 jobs are likely to be created if offshore production in the United States returns to pre-BP blowout levels.

Posted in News, Oil Investments | Tagged Gulf Jobs, Oil Industry, Oil Industry: Upcoming Jobs in Gulf of Mexico | Leave a comment