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Petroleumworld stories: May 16- 31

Stories are not allways available on the Petroleumworld site after 30 days.

Previous Stories: 2006 May 1 - 15

April 1 - 15 April 15 - 30

Mar 1 - 15 Mar 15 - 31

Feb 1 - 15 Feb 15 - 28

Jan 15 - 30 Jan 1 - 15

 


 

 

Venezuela defies US, seeks UN council seat, Kalashnikovs

AFP b CARACAS
Petroleumworld.com 06 12 06 - story

UN atomic agency meets: Iran
deliberating new nuclear proposal

By Michael Adler AFP
VIENNA Petroleumworld.com 06 12 06 - story

World powers await Iran response to nuclear proposals - story

Oil prices climb as traders track Iran news - story

Iran will not negotiate nuclear program with US: minister - story

Peruvian claims Venezuela's Chavez is buying influence - story

Oil spill: Shell cuts output by 50,000 bpd in Nigeria - story

Oil prices fall after US inventory report - story

Alberta bitumen output to triple to 3 million b/d by 2015: NEB - story

Mexican Energy Minister : Mexico will maintain its current oil production - story

OPEC MEETING

Saudi Arabia: Oil market 'oversupplied, over-priced' -
story

Venezuela's Chavez declares OPEC 'anti-imperialist' force - story

Chavez praises OPEC for helping maintain 'fair price' of oil - story

OPEC oil taps set to keep gushing - story

OPEC moots enlargement to seize bigger oil share - story

Oil in troubled times: the ups and downs of OPEC - story

Venezuela promoting new OPEC members - story

Chavez wants a minimum
floor price of $50 per barrel

AFP/Juan Barreto

President of Venezuela Hugo Chavez speaks during a special address to the OPEC members, in the framework of the 141st Extraordinary Meeting of the OPEC Conference, at the Ministry of Energy and Petroleum of Venezuela headquarters in Caracas.

By Elio Ohep Petroleumworld
CARACAS Petroleumworld.com 06 02 06 - story

OPEC keeps output stable
at 28 million barrels a day

Reuters/Christian Veron

Nigerian Edmund Maduabebe Daukoru, Minister of State for Petroleum Resources and President of the OPEC, speaks to journalists after the first working session at the 114th OPEC (Organization of Petroleum Exporting Countries) ministerial meeting in Caracas June 1, 2006.

By Jitendra Joshi AFP
CARACAS Petroleumworld.com 06 02 06 - story

OPEC convenes as Iran breakthrough emerges - story

OPEC to keep gushing oil - story

Venezuela's Oil Minister Rafael Ramirez: OPEC to maintain output for now

AFP/Rodrigo Arangua

Venezuelan Minister of Energy & Petroleum Rafael Ramirez,
answers questions to the press before the 141st Extraordinary
Meeting of the OPEC in Caracas. OPEC will likely maintain its
oil output levels for now but should consider a cut by
September, Ramirez said ahead of a cartel meeting.

By Elio Ohep Petroleumworld
CARACAS Petroleumworld.com 06 01 06 - story

OPEC president says oil market "well supplied" - story

OPEC set to maintain output: Gulf states - story

OPEC chief says world economy surviving high oil prices - story

OPEC's Barkindo reiterates high oil prices due to geopolitics - story

Venezuela's $5m OPEC extravaganza - story

OPEC set to keep pumping at full flow as oil dollars flood in- story

Qatar's Energy Minister: OPEC to maintain output

AP Photo/Leslie Mazoch

Qatar's Oil Minister, Abdullah bin Hamad Al Attiyah, arrives at his hotel in Caracas, Venezuela, Tuesday, May 30, 2006, ahead of the OPEC meeting scheduled for June 1, 2006.

By Elio Ohep Petroleumworld
CARACAS Petroleumworld.com 05 31 06 - story

Iran offers to restart nuclear talks
but US still warns of sanctions

AFP/File/Behrouz Mehri

Iranian President Mahmoud Ahmadinejad, seen here on 28 May 2006. Iran offered to restart nuclear talks with the European Union but the EU and Washington were still pressing for sanctions if Tehran refuses to halt atomic work that could be weapons-related.

By Michael Adler AFP
VIENNA Petroleumworld.com 05 31 06 - story

Venezuela's $5m OPEC extravaganza


Rafael Ramírez Carreño, Minister of Energy and Petroleum and President of PDVSA, said Venezuela is ready to receive the ministers and delegations that will be attending the 141st Extraordinary Meeting of the Organization of Petroleum Exporting Countries (OPEC) Conference to be held in Caracas on June 1st.

By Carola Hoyos Market Watch
London
Petroleumworld.com 05 30 06 - story

 

High oil prices not damaging world economy: Iranian Oil Minister - story

World powers to meet on Iran

AP Photo/Haraz N. Ghanbari

U.S. Secretary of State Condoleezza Rice gestures during a special news conference on Iran at the State Department in Washington May 31, 2006. The United States, in a major policy shift toward Iran, said on Wednesday it would join key European powers in talks with Tehran if it suspended its nuclear enrichment program.

By Michael Adler AFP
VIENNA Petroleumworld.com 06 01 06 - story

Chavez praises OPEC for helping maintain 'fair price' of oil - story

China, Arab countries target energy sector in ambitious trade plan - story

New ExxonMobil chief gets earful at annual meeting - story

Oil prices retreat as US offers talks with Iran - story

Bolivia nears deal with India's Jindal on mega-mine - story

Norway hikes rates to fight overheating from oil bounty - story

Chavez programs cripple Venezuela oil giant PDVSA: experts - story

Venezuela poised to announce offshore gas fields bidding round - story

High oil prices not damaging world economy: Iranian Oil Minister - story

Venezuela's Ali Rodriguez: There is a good investment environment in Venezuela - story

Venezuela to show new heavy oil reserves by 1Q 2007 - story

Crude oil prices rise amid Iran concerns - story

Bolivia seeks to double price of gas for Brazil - story

China confirms world powers to meet Thursday on Iran - story

Ecuador-Venezuela energy agreements still lack details: minister - story

Venezuela's Chavez to make oil deal with Ecuador - story

UAE oil minister expects no OPEC output change after Venezuela meeting - story

Oil-rich Venezuela looks to vast tar deposits to supply surging global energy needs - story

Petrobras accused of supply 'sabotage' - story

World powers weigh nuclear
'guarantee' for Iran, Russia says


By Christopher Boian AFP
MOSCOW Petroleumworld.com 05 30 06 - story

Venezuela's $5m OPEC extravaganza


Rafael Ramírez Carreño, Minister of Energy and Petroleum and President of PDVSA, said Venezuela is ready to receive the ministers and delegations that will be attending the 141st Extraordinary Meeting of the Organization of Petroleum Exporting Countries (OPEC) Conference to be held in Caracas on June 1st.

By Carola Hoyos Market Watch
London
Petroleumworld.com 05 30 06 - story

 

Bolivia's Morales plans US visit for Clinton poverty conference - story

Colombia's Uribe marks historic re-election at mass in Medellin - story

Azerbaijan president to discuss European gas deliveries with Chirac - story

World powers mull Vienna meeting on Iran - story

African seafarers meet in Nigeria to discuss tacking their ills - story

Johan Fredrik Odfjell nominated as Statoil's new chair of the board - story

Colombia's Uribe plots course
after winning second term

REUTERS/Jose Miguel Gomez

Alvaro Uribe waves as he celebrates his victory in Colombia's Presidential elections in a Bogota hotel May 28, 2006. Uribe, a key U.S. ally in Latin America, swept to a landslide victory in an election in Colombia on Sunday.

By Patrick Moser AFP
BOGOTA Petroleumworld.com 05 29 06 - story

OPEC set to keep pumping at
full flow as oil dollars flood in

By Jitendra Joshi AFP
WASHINGTON Petroleumworld.com 05 29 06 - story

US and London markets are closed for holidays - story

Amid tension, Japan, China talk about energy-saving - story

Football-mad Ahmadinejad will not attend World Cup - story

Swedish oil company Lundin takes over Canada's Valkyries - story

Oil shortages hit Iraq with onset of summer heat - story

Some are worrying Bolivia has sold soul to Venezuela - story

Bolivia's state oil firm says investors still keen - story

Shell and Statoil seek partner for new 'clean energy' project - story

Ecuador oil chief backtracks on Occidental stake in crude pipeline - story

Oil companies Petrobras and Statoil establish partnership in social sphere - story

venezuela's PDVSA looking for a partner in block 1 of its Plataforma Deltana -story

US consulting firm denies Bolivia charges - story

ENAP looks for oil and gas in Magallanes - story

Russia’s Energy giants to tap into Colombian fields - story

Bolivia's Morales, Venezuela's Chavez meet amid coca, gas - story

Chevron hits oil in the Nigeria-Sao Tome offshore zone - story

Oil prices steady before start of US driving season - story

Leftist Colombian candidate calls Hugo Chavez 'authoritarian' - story

Bush hails House bill opening Alaska wildlife refuge to drilling - story

 

Some are worrying Bolivia has sold soul to Venezuela - story

Bolivia's state oil firm says investors still keen - story

Shell and Statoil seek partner for new 'clean energy' project - story

Ecuador oil chief backtracks on Occidental stake in crude pipeline - story

Oil companies Petrobras and Statoil establish partnership in social sphere - story

venezuela's PDVSA looking for a partner in block 1 of its Plataforma Deltana - story

US consulting firm denies Bolivia charges - story

ENAP looks for oil and gas in Magallanes - story

Russia’s Energy giants to tap into Colombian fields - story

Bolivia's Morales, Venezuela's Chavez meet amid coca, gas - story

Chevron hits oil in the Nigeria-Sao Tome offshore zone - story

Oil prices steady before start of US driving season - story

Leftist Colombian candidate calls Hugo Chavez 'authoritarian' - story

Bush hails House bill opening Alaska wildlife refuge to drilling - story

Oil bounces as Venezuela talks OPEC cut

AFP

By Richard Valdmanis Reuters
NEW YORK Petroleumworld.com 05 26 06 - story

Bolivia 2005 gas royalties, tax
income sets record: group

Petrobras


By Joshua Schneyer Platts
La PAZ Petroleumworld.com 05 26 06 - story

 

Oil prices top 70 dollars a barrel - story

Russians harness star power in new battery - story

Yukos to sell Lithuania refinery stake to Polish PKN Orlen - story

Putin rebuffs EU on access to Russia's 'holy' energy interests - story

First BTC tanker to carry crude not exclusively from Caspian pipeline: BP - story

China announces plan to develop high-tech weapons - story

Sudan says invited to join OPEC - story

African countries battle 'oil curse' - story

Kazakh pipeline begins delivering oil to China - story

Two more analysts call for US gas prices to crater this summer - story

Petrobras project may open doors to gas from Arab countries - story

Iran ready for nuclear talks with
United States without preconditions

AFP/File/Aris Messinis

Iran's top nuclear negotiator Ali Larijani gives a press conference on 09 May 2006.

By Michael Adler AFP
VIENNA Petroleumworld.com 05 25 06 - story

Ecuador to not seek Oxy stake
in OCP pipeline: energy minister

Stringer/Reuters

Ecuador's Energy Minister Ivan Rodriguez speaks at a news conference in Quito.

By Carla Bass Platts
Quito
Petroleumworld.com 05 25 06 - story

Oil prices slump as US supply fears ease - story

Total takes stake in Australian off-shore oil venture - story

Russia wants to build Vietnam's first nuclear reactor - story

Lula to breeze to re-election in Brazil: poll - story

US crude oil reserves dip, but gasoline stocks up - story

Shell under fire from Nigerian ethnic groups - story

Bolivia wants Argentina to pay more for its natural gas - story

Mexico: 8,000 abandoned wells could generate up to US$2.68bn a year - story

Iraq's new Oil Minister Hussein al-Shahristani won't attend next OPEC meeting in Caracas - story

Petrobras to increase the supply of natural gas - story

Venezuela to invest $4.74 bln in pipelines to Colombia - story

Venezuela's PDVSA to get 60% stake in Orinoco faja extra heavy oil oil projects - story

PDVSA to produce 3.4 mbd in 2006 - story

Algeria's Khelil sees pressure
on oil prices into early 2007


Algerian oil minister Chakib Khelil

By Lies Sahar Platts
ALGIERS Petroleumworld.com 05 24 06 - story

Petrobras to modernize Brazil's Revap
and Pasadena refineries

Petrobras

Henrique Lage Refinery (Revap), in São José dos Campos

Petroleumworld
CARACAS
Petroleumworld.com 05 23 06 - story

Ecuador rejects arbitration demand by Occidental - story

Oil prices rebound on US hurricane fears - story

Yukos poised to sell Lithuania refinery stake to Polish PKN Orlen - story

Pro-Western ex-Soviet states joins forces in Kiev - story

Gas tensions to mark EU-Russia summit - story

Iraq to lobby oil majors for investment - story

Chirac heads to Brazil, Chile on four-day state visit - story

World economy punches towards 3.1 pct growth this year: OECD - story

Shell pledges to cooperate with efforts to end row with Ogoniland - story

Venezuela's Ramirez to open AVPG International Gas Convention Tuesday - story

Ecuador's risky energy grab - story

Mexican conservative turns the race around - story

Ecuador to take over Occidental's stake in pipeline - story

LUKoil, Gazprom could boost their presence in Colombia - story

Bush decries 'erosion of democracy'
in Venezuela, Bolivia

AFP/Paul Richards

President George W. Bush, pictured here in Chicago, said he was concerned about an "erosion of democracy" in Venezuela and Bolivia, which in recent months have adopted policies which many in Washington view as unfavorable toward US interests

AFP
CHICAGO
Petroleumworld.com 05 23 06 - story

Gulf states seek Iran dialogue on nuclear policy


A combo picture shows German Foreign Minister Frank-Walter Steinmeier (L) and his Omani counterpart Yussef bin Alawi during their joint press conference in Muscat, Oman. Oman and the United Arab Emirates said that Gulf Arab states want direct talks with Iran to help resolve the crisis provoked by Tehran's nuclear programme and strongly backed European efforts for a negotiated settlement.

By Deborah Cole AFP
ABU DHABI Petroleumworld.com 05 23 06 - story

East Timor awards oil-gas contracts to Italy's Eni, India's Reliance - story

Oil prices back above 70 dollars on hurricane jitters- story

Petrobras announces a plan to increase the natural gas offer in Southeastern Brazil - story

Petrobras develops new technology for diesel fuel production - story

Sinopec, Total, Petrobras win bids for Angolan offshore oil fields - story

Oil demand uncertainty bad for producers, consumers: OPEC, IEA - story

US experts predict another 'active' hurricane season - story

Washington ignores democratic values in quest for cheap oil - story

Oil prices fall to lowest level since early April - story

Iran refuses to negotiate on nuclear work - story

Kuwait set for tough election battle - story

Venezuela will invest $1 billion in 5 gas fields - story

Venezuela's Ramirez: OPEC needs an oil cut - story

Iran Governor: OPEC unlikely to cut
output in Caracas meeting, June 1



Petroleumworld
CARACAS
Petroleumworld.com 05 22 06 - story

Saudi Aramco and Total inks deal to build 400 mb Jubail refinery in South Arabia

Abdullah Y. Al-Dobais

Abdallah S. Jum'ah, right, and Thierry Desmarest


Petroleumworld
CARACAS
Petroleumworld.com 05 22 06 - story

 

Iraq forms government but security posts unfilled - story

French-Saudi oil talks as Total prepares to sign refinery deal - story

Obasanjo urges peace in restive Ogoniland - story

Mubarak warns of reform 'chaos' at economic forum - story

Oil prices fall at end of volatile week - story

Nigeria gives China oil exploration licences after auction - story

Venezuela's Chavez to visit Russia, fighter talks weighed - story

 

Iraq forms government but security posts unfilled - story

French-Saudi oil talks as Total prepares to sign refinery deal - story

Obasanjo urges peace in restive Ogoniland - story

Mubarak warns of reform 'chaos' at economic forum - story

Oil prices fall at end of volatile week - story

Nigeria gives China oil exploration licences after auction - story

Venezuela's Chavez to visit Russia, fighter talks weighed - story

Iran using Chinese-made feedstock
for enriched uranium: diplomats


AFP/Fars News/File

A sample of enriched uranium. Diplomats have told AFP that Iran used stocks of high-quality uranium gas from China in order to hasten a breakthrough in enrichment for a programme the West fears could be hiding nuclear weapons work.

By Michael Adler AFP
VIENNA Petroleumworld.com 05 19 06 - story

Occidental seeking $ 1 billion from Ecuador

AP Photo/Petroecuador/HO

In this photo provided by Petroecuador, State-run Petroecuador's president, Fernando Gonzalez, right, speaks to Occidental Petroleum Corp.'s General Manager Gerald Ellis, in Quito, Ecuador, Tuesday, May 16, 2006.

AFP WASHINGTON
Petroleumworld.com 05 19 06 - story

Minister:Colombia - Venezuela pipeline construction to start July 1 - story

Chavez to travel to Bolivia on May 26 to sign new gas accords - story

Norway's Aker Kvaerner gets subsea contract extension - story

Nicaraguan Liberal Party denounced fuel agreement with PDVSA - story

Crude prices continue to rebound -
story

China to build six more nuclear reactors in southeast - story

Saudi FM says oil market situation is "wierd" - story

Crude prices turn up after volatile session - story

IMF warns Bolivia of 'consequences' of nationalization - story

Ecuador rules out free trade talks with US in 2006 - story

Iranian nuclear bomb 'flying gas chamber': Israel's Peres - story

Spain appeals suspension of Gas Natural-Endesa merger -