petroleumworld

May 1- 15

Bush vies to wean US off foreign oil

AP Photo/Ron Edmonds

President Bush speaks about CAFE (Corporate Average Fuel Economy) standards and alternative fuel standards, Monday, May 14, 2007, in the Rose Garden of the White House in Washington.

By Jitendra Joshi AFP
WASHINGTON Petroleumworld.com 05 15 07 - story

Venezuela nationalizes foreign oil rigs

PDVSA

Offshore rig in Maracaibo lake

AFP CARACAS
Petroleumworld.com 05 15 07 - story

Oil prices hold firm as supply fears simmer - story

World's mayors hold climate change summit - story

New Russian gas deal bad news for Europe: US - story

US motor fuel prices break post-Katrina record high - story

Pope attacks 'authoritarian' governments at end of Latin America mission - story

Cheney sees Arab support on Iraq - story

Kuwaiti MPs call on oil minister to quit - story

Ahmadinejad warns US against military action - story

New Russian gas deal bad news for Europe: US - story

Chevron and Ecopetrol signed contract with PDVSA - story

UN warning on sustainable biofuels

AFP

The United States is the world's largest producer of ethanol from corn

Al-Jazeera NEW YORK
Petroleumworld.com 05 14 07 - story

Tight supply could push oil prices higher: IEA

By Veronique Dupont AFP
PARIS Petroleumworld.com 05 14 07 - story

Higher costs make Petrobras first quarter profit drops 38% - story

Analysts question concerns over China-Africa relations - story

European ministers hope EU-Russia summit will defuse tensions - story

Chevron scales down in Nigeria after kidnaps - story

Venezuela's PDVSA denies violating Cerro Negro bond term - story

PDVSA pledges to honor Cerro Negro venture bonds - story

Iraq missing up to 15 million dollars of oil daily: report - story

Russia, CAsia leaders agree landmark gas pipeline deal - story

Cheney to seek Saudi help on Iraq, Iran - story

Kuwait plans major shake-up in oil sector: minister - story

World oil prices climb after IEA report - story

Nigeria oil auction suffers from Niger delta kidnap jitters - story

Five ex-Soviet bloc leaders back oil pipeline bypassing Russia - story

Shell wraps up sale of US refinery, 250 gasoline stations - story

PDVSA 2007 income will be at least $61 bln -FinMin- story

Venezuela: Oil firms paid USD 4.48 billion in royalties - story

Iran blocked UN inspectors on test visit to nuclear site

By Michael Adler AFP
VIENNA Petroleumworld.com 05 11 07 - story

Blair leaves saying 'I did what I thought was right'

AFP/POOL/Phil Noble

Prime Minister Tony Blair announces his resignation at the Trimdon Labour Club, in Sedgefield. Blair announced Thursday he will resign on June 27.

By Robin Millard AFP
LONDON Petroleumworld.com 05 11 07 - story

Curbing deforestation by half key to global warming fight: research - story

Oil prices rebound on Nigeria unrest worries - story

Surging oil prices widen US trade gap as China deficit narrows - story

Rice: US finds Russia's policy course 'troubling' - story

Russian state champion snaps up final Yukos oil assets - story

Vote puts Bush, Congress on Iraq collision course - story

What happens next? Labour contest rules explained - story

Gas industry struggling to meet growing demand: Officials - story

US remains 'market of last resort' for LNG imports: BP official - story

Venezuela buys electric company - story

Platts Survey: OPEC oil output rises slightly in April after months of declines - story

US senator Clinton targets 'Big Oil'

AFP/Mannie Garcia

U.S. Senator Hillary Clinton

AFP WASHINGTON
Petroleumworld.com 05 10 07 - story

U.S. oil majors at odds with Venezuela

Orinoco belt extra heavy oil upgrader facility at the Jose Petrochemical complex, in Venezuela

By Elio Ohep Petroleumworld
CARACAS Petroleumworld.com 05 10 07- story

Oil prices higher in early deals - story

The rise and fall of Yukos: Russian oil empire dismantled - story

Rosneft buys key Yukos asset for 6.4 billion dollars - story

Oil prices slide after jump in US gasoline stocks - story

Venezuelan government takes control of leading telecom firm - story

Iraq leaders grasp need for speed: Cheney - story

Gunmen seize 4 US oil workers in Nigeria - story

Kuwait reviews preparations for possible US-Iran war - story

Carbon monoxide pollution over Australia came from South America - story

Petrobras discovers more offshore gas in Espírito Santo - story

China's Bohai Bay may hold 146 bil barrels oil reserves: report - story

Petrobras/Bolivia refineries dispute escalates - story

US trading companies approached on sale of PDVSA's BORCO terminal - story

Iran accepts compromise agenda
at nuclear conference

AFP

International Atomic Energy Agency (IAEA) Director-General Mohamed ElBaradei (L) and IAEA Chairman Yukiya Amano of Japan are seen here in 2006 in Vienna.

By Michael Adler AFP
VIENNA Petroleumworld.com 05 09 07 - story

Nigerian MEND rebels attack three oil pipelines

AFP

An oil pipeline on fire in the Niger Delta, 2004. Nigeria's most high-profile armed group has said it has destroyed three major pipelines in the oil-rich south of the country

By Helen Vesperini AFP
LAGOS Petroleumworld.com 05 09 07 - story

Renewed Nigerian violence pushes up oil prices - story

More cocaine reaching Europe from Venezuela: US official - story

"Intelligent" cars as fuel-efficient as hybrids: study - story

Nigeria earns 1.5 billion dollars from oil blocs auctions - story

Kuwait doubles cost estimate of new refinery - story

BP served 14 safety warnings in 12 months in North Sea: report - story

Nigerian militants release SKorean, Filipino hostages - story

Iraqi Kurd leader tells Turkey dialogue should replace threats - story

Kuwait steps up oil security after visit by US energy officials - story

Chavez's actions jeopardize Venezuela's future, says Cato Institute - story

Mexico's Pemex debt flat, taxes lower - story

Blast hits Russian gas pipeline,
EU supplies unaffected

By Sergei Supinsky AFP
LUKA, UkrainePetroleumworld.com 05 08 07 - story

Global crude oil supplies are "adequate,": Bodman

AFP

US Energy Secretary Samuel Bodman

Platts Washington
Petroleumworld.com 05 08 07 - story

Alcoa launches hostile 33-billion-dollar bid for Alcan - story

NY oil prices cool; London market shuttered for holiday - story

Hundreds arrested in violence after Sarkozy win - story

Nigerian kidnappers seek ransom for Belarussian woman - story

Sarkozy has limited room to maneuver on global economic stage - story

Fire at Kuwait's largest oilfield - story

Malaysia to build seven billion dollar oil pipeline project: Abdullah - story

UN non-proliferation conference awaiting Iranian response - story

CNPC flags largest China oil find in 4 decades at 7.3 bil barrels - story

Obama lays out plan to reduce dependence on foreign oil - story

Partnership between Portugal’s Galp and Brazil’s Petrobras to produce half of Portugal’s biodiesel - story

Sarkozy wins mandate for radical reform

Reuters/Thierry Roge

Nicolas Sarkozy, France's newly-elected president, waves to supporters as he leaves the Fouquet's restaurant on the Champs-Elysees in Paris May 6, 2007.

By Emma Charlton AFP
PARIS Petroleumworld.com 05 07 07 .- story

WSJ claims Chavez oil policy ''Aims to weaken US''

Reuters

PDVSA's Cardon refinery

By Stephen Lendman Mathaba News Network
CHICAGO Petroleumworld.com 05 07 07 - story

Fire at Kuwait's largest oilfield - story

Oil prices easier in Asian trade - story

'I don't want to die here,' Filipino hostage says - story

Chávez to force steelmaker to supply Venezuela - story

Greening Venezuela’s revolution - story

Gunmen kidnap Briton from oil rig in southern Nigeria - story

Bush asks Congress to give money for Iraq war - story

Alex Salmond: Scotland's new big fish - story

Iran a sticking point in US-India nuclear deal - story

US expects North Korea to disable key nuclear plant by end 2007 - story

Global oil prices slide lower - story

US pump shock -- gasoline passes three dollars per gallon - story

France's Total sees first quarter profit down 11 percent - story

Conoco faces expulsion from Venezuela - story

Chavez threatens to nationalize steel firm, banks

RTR

Venezuelan President Hugo Chavez

AFP CARACAS
Petroleumworld.com 05 04 07 - story

Bush scolds China, Russia, Venezuela, others on press freedoms

Reuters

US President George W. Bush

Petroleumworld WASHINGTON
Petroleumworld.com 05 04 07 - story

China finds large oil deposits in Bohai Bay - story

China's newly found oilfield boasts reserve of 7.35 bln barrels - story

Venezuela's PDVSA faces Orinoco staffing challenge - story

Petrobras reaffirms its partnership with PDVSA - story

Oil prices fall as traders revisit US energy reserves - story

Crucial climate change agreement reached after fierce debate - story

Twenty foreigners kidnapped in Nigeria - story

Rice meets old foes as the world rallies for Iraq - story

President-elect promises no changes in governance - story

Iraq conference adopts five-year rescue plan - story

Rosneft buys Yukos assets in Siberia for 6.8 billion dollars - story

Shell profits rise to 7.3 billion dollars - story

Conoco may have to "leave the country," Venezuelan minister - story

Harvest moves ahead with Venezuela plans despite questions: CEO - story

Petroecuador says it has lost $1 mil in 2007 from oil field theft - story

Chavez 'running down' Venezuela: US diplomat

AFP/File/Saul Loeb

The US State Department's number two diplomat John Negroponte, pictured 01 May 2007, will visit Colombia, Ecuador, Peru and Panama next week to discuss trade, energy and cooperation issues, the department announced Wednesday.

AFP WASHINGTON
Petroleumworld.com 05 03 07 - story

OPEC, IEA at odds over need to hike oil output

AFP RIYADH
Petroleumworld.com 05 03 07 - story

Nigeria militants atack ship, foreigners kidnapped - story

Brazil wants US$ 200 million from Bolivia and threatens going to court - story

Bolivian income to soar as new contracts kick in - story

Brazil, Denmark sign alternative energy agreement - story

Mexico's Pemex posts 1st-qtr net loss - story

Natives of oil-polluted Ecuador call out Chevron - story

Strike threat lifted over Belgian oil - story

Venezuela denies isolation after IMF, WBank withdrawal - story

Bush, Democrats thrash out Iraq plan - story

Venezuela has yet to make IMF withdrawal official: Rato - story

Oil prices slide as US gasoline stocks beat forecast - story

Japan, Egypt to press Iran on nuclear crisis - story

Asian consumers, producers call for stabilising oil market - story

Saudi assures Asian consumers on oil supplies - story

Nigeria delays oil exploration bloc auction - story

Chevron shuts down 15,000 bpd of crude in Nigeria - story

Kurd oil deals illegal if signed before new law: Iraqi minister - story

Venezuela's PDVSA running the
Orinoco Belt petroleum projects

AP Photo/Fernando Llano

Venezuela's President Hugo Chavez, center, delivers a speech to oil workers at Jose Antonio Anzoategui oil complex near Puerto La Cruz, Venezuela, Tuesday, May 1, 2007.

By Elio Ohep Petroleumworld
JOSE, Venezuela Petroleumworld.com 05 02 07 .- story

IMF, World Bank suffer crisis of credibility

Meeting at World Bank

By Jean-Louis Doublet AFP
WASHINGTON Petroleumworld.com 05 02 07 - story

PDVSA get control of Orinoco's oil fields - story

US, India aim to seal historic nuclear deal soon - story

Venezuela to quit IMF, World Bank - story

Crude oil prices slip further on profit taking - story

US chides Venezuela's Chavez over move to quit IMF, World Bank - story

BP's Browne: respected oilman laid low by private life - story

Qatar seeks Japan's support for developing nuclear energy - story

Bush sees 'test' for Iran, Syria - story

May Day: Castro no-show, 700 arrested in Istanbul riots - story

Six foreign oil workers abducted in southern Nigeria - story

Iran has 'significant role' to play in Iraq: US envoy

AP/Kathy Willens

United States Ambassador Zalmay Khalilzad listens to reporters' questions outside the United Nations Security Council chambers at the United Nations in New York, Monday, April 30, 2007.

AFP UNITED NATIONS
Petroleumworld.com 05 01 07 .- story

Bush, EU leaders deadlocked on climate change

By Olivier Knox AFP
WASHINGTON Petroleumworld.com 05 01 07 - stor

Venezuela to leave IMF, World Bank - story

Castro delivers article amid speculation on a May Day appearance - story

Argentina's oil, gas workers secure 15% wage increase - story

Venezuela set to assume control of its oil fields - story

Venezuela's PDVSA bond yields fall after U.S. inflation slowed - story

Japan, Kuwait renew energy partnership - story

France's Total to pay settlement over US refinery emissions - story

Crude oil prices weaken as Saudi fears subside - story

Cubans ready for May Day; no word on Castro appearance - story

Japan's Abe takes Mideast energy security tour to Kuwait - story

Warnings about nuclear proliferation at opening of meeting in Vienna - story