petroleumworld

Stories: 2008

Feb 15 - 29

Iran 'number one world power': Ahmadinejad

Reuters

Iran's President Mahmoud Ahmadinejad

TEHRAN
Petroleumworld.com Feb. 29 2008- story

Oil jumps to record highs on sliding dollar

PARIS
Petroleumworld.com Feb. 29 2008 - story

Turkey ends offensive in northern Iraq: report - story

OPEC unlikely to change output at current price: Libya - story

Oil trades near record levels in Asian trade - story

Ecuador shuts off oil exports after pipeline break - story

Mexico's plan to open oil industry lacks support - story

Brazil police recover computers stolen from Petrobras, arrest 4; 'common crime' blamed - story

Firefighters put out 'very large' fire at British gas terminal - story

US sends warship near Lebanon - story

Putin mocks US-backed gas pipeline project - story

Turkey tells US its troops will stay in Iraq 'as long as necessary' - story

Kenyan rivals sign coalition deal - story

Hungary signs onto Russia's South Stream pipeline - story

Repsol annual profits edge up to 3.188 billion dollars - story

PDVSA seeks reversal, reduction of Exxon freeze - story

Lukman: OPEC to hold output
steady if prices stay high

AFP

Rilwanu Lukman, ex OPEC president and advisor to the Nigerian president

PARIS
Petroleumworld.com Feb. 28 2008- story

Nigeria 'wasted' 30 years of oil income: IMF chief

Reuters/IMF /Stephen Jaffe/Handout

International Monetary Fund Managing Director Dominique Strauss-Kahn (L) answers a question during a joint news conference with Nigeria's Minister of State for Finance Remi Babalola (R) in Abuja February 27, 2008.

ABUJA
Petroleumworld.com Feb. 28 2008- story

Oil prices shadow 100 dollars in Asian trade - story

NAFTA partners worry about Democrats' anti-free trade rhetoric - story

Iberdrola complains to EU about French role in EDF bid: source - story

Exxon Valdez: oil company tells top court captain was to blame - story

Colombian rebels free four hostages - story

Oil prices briefly hit new highs above 100 dollars - story

Turkey steps up Iraq onslaught as US urges quick pull-out - story

Reactors still down after massive Florida power outage: officials - story

At least 3 die in Petrobras used helicopter in an accident at sea - story

Israeli PM say Iran can be stopped from getting nuclear capacity a - story

BP increases reserves, confident on output - story

Pride says inks drill extensions with Petrobras worth $1.5 bil - story

Brazil's Braskem completes deal to buy 60% of Ipiranga - story

PETROBRAS in Bolivia again - story

BP chairman meets with Mexican president - story

Franklin Oil & Gas, Bolivia to provide rigs to Bolivian operator - story

Jamaica: Gov't fast-tracks energy policy legislation - story

“Four years of energy crisis” forecasts Lula da Silva - story

World oil prices strike fresh records

NEW YORK
Petroleumworld.com Feb. 27 2008- story

Why we did not increase production – OPEC President

ABUJA
Petroleumworld.com Feb. 27 2008 - story

Oil prices strike record high 101.98 dollars- story

London-based oil around 100 dollars in Asia - story

Power restored after massive blackout darkens much of Florida - story

Obama parries Clinton offensive at crunch debate - story

London oil prices strike record 100.03 dollars - story

Millions without power in Florida, nuclear reactors shut down - story

Gas deal shows Russian support for Serbia: Medvedev - story

Iraq says Turkey incursion 'unacceptable' - story

Russia's Gazprom threatens new Ukraine gas cut - story

US, Russia should disarm more nukes, says UN atomic watchdog - story

Spain's Gas Natural reports 12.3-percent profit rise in 2007 - story

Gazprom sees more glory days under Russia's new president - story

Jamaica to launch US$500 million (€336 million) upgrade of its lone oil refinery - story

New Invensys support center for PEMEX - story

PEMEX in death throes amid political squabbling - story

Petrobras joins Mitsui for ethanol pipeline in Brazil - story

Ecuador may cancel Petrobras contract - story

IAEA hears Iran nuclear weapons
work went on beyond 2003

VIENNA
Petroleumworld.com Feb. 26 2008- story

OPEC minister says market prices in output cut

ALGIERS
Petroleumworld.com Feb. 26 2008- story

Oil prices fall in Asian trade - story

Mexico's oil output falls, Pemex needs cash infusion - story

Ecuador wants agreement to end City Oriente deal - story

LatAm NOCs unveil 2008 investment plans - story

ECOPETROL to hike annual production by 12 percent until 2015 - story

Ecuador hails 'integration' with Venezuela - story

Argentina seeks to avoid energy crisis, as Brazil refuses to share Bolivian natural gas - story

Venezuela's PetroFalcon begins natural gas deliveries From Cumarebo - story

UK judge may rule on PDVSA asset freeze next week - story

Oil prices firm amid Iraq-Turkey unrest - story

Russia, Hungary to sign South Stream gas pipeline deal: PM - story

Major powers begin Iran nuclear talks in Washington - story

Brazil launches campaign promoting biofuel from sugarcane - story

Egypt starts controversial gas exports to Israel - story

Russia, Hungary to sign South Stream gas pipeline deal: PM - story

OPEC could 'hesitate' to cut output amid record prices: CGES consultants - story

Argentina's chemical output in January fell 0.9% on-year - story

Iran warns will hit back at UN sanctions

RTR

Iran's President Mahmoud Ahmadinejad on Saturday warned of "firm reprisals"

TEHRAN
Petroleumworld.com Feb. 25 2008- story

Raul Castro, Cuba's face of continuity

AP/Javier Galeano

Raul Castro named Cuba ' s new president

HAVANA
Petroleumworld.com Feb. 25 2008- story

Cuba selects Fidel Castro successor - story

Virgin test flight for biofuel-powered jumbo jet - story

Clinton turns up heat to rescue White House bid - story

Iraq pushes Turkey to withdraw troops - story

Bomber dies in attack on business guild in Venezuela: police - story

Argentina, Brazil to jointly build n-subs: ministers - story

Israel renews calls for Iran sanctions after IAEA report - story

Iran says it will back OPEC output cut - story

Iraq oil exports via Turkey unaffected by fighting: official - story

Argentina, Brazil to build joint uranium enrichment plant - story

IAEA report bolsters case for new Iran sanctions: US diplomats - story

Oil prices rise on supply jitters after Turkey enters Iraq - story

ConocoPhillips says Venezuela arbitration decision may take years - story

Mexican leftists threaten strike over oil privatisation - story

Venezuela's PDVSA prepares legal defense - story

Brazil says its proven oil reserves jumped to 12.6 bllion barrels - story

Oil spill in South Trinidad - story

Venezuela says ConocoPhillips deal is close - story

Ecopetrol plansd a 12%/y output growth and US$60bn in investment - story

Bolivian gas test for Argentina/Brazil presidential summit - story

Oil, gold, platinum prices strike historic highs

LONDON
Petroleumworld.com Feb. 22, 2008- story

Ecuador will not end Petrobras contract outright

QUITO
Petroleumworld.com Feb. 22, 2008 - story

Oil prices trade below 100 dollars in Asia - story

Obama escapes Clinton debate unscathed - story

Sponsors of new UN sanctions on Iran hope for vote next week - story

Nigerian police say MEND leader under probe for gun-running - story

Oil prices ease off record highs on strong US supply build - story

Ukraine reaches accord with Gazprom: Tymoshenko - story

France's Technip promises improvement after 2007 profit hit - story

OPEC reference price basket hits new record of 94.23 dollars - story

Kidnapped Nigerian oil worker released: military - story

PDVSA offers up to two cargoes of untreated naphtha: sources - story

Petrojam, Coimex negotiating new ethanol deal - story

China loans Venezuela $4 bln, payable in fuel oil - story

Petrobras sets CO2 emission standards - story

Repsol finishes YPF stake sale, curbs Latin American dependence - story

PDVSA put in operation drilling rig in Ecuador - story

Venezuela to challenge Exxon over order freezing PDVSA assets next week in London - story

Colombian Ecopetrol plans aggressive spending - story

Petrobras world's most sustainable oil/gas company 2008 - story

Brazil's Petrobras postpones regasification project, Valor says - story

Venezuela cannot disrupt US oil market: JP Morgan Chase bank analyst - story

Oil prices hit record 101.27 dollars

NEW YORK
Petroleumworld.com Feb. 21, 2008- story

Iran still developing nuclear warheads:
exiled opposition group

BRUSSELS
Petroleumworld.com Feb. 21, 2008- story

Inpex to boost spending on oil, gas drilling by 50% - story

Clinton clings on after latest Obama rout - story

Russian ex-atomic energy minister sentenced: report - story

Nigeria deal in the offing: Russia's Gazprom - story

Iberdrola chairman says France's EDF not welcome as shareholder - story

What now for Cuba? World looks to post-Castro changes - story

Russia says gas dispute with Ukraine over - story

IAEA declines comment on Iran nuclear weapons claims - story

Vitol ships gasoline from US to Nigeria in rare move: sources - story

Venezuela asks ExxonMobil to talk,
drop legal cases against PDVSA

Reuters/Edwin Montilva

Venezuela's Energy Minister Rafael Ramirez

CARACAS
Petroleumworld.com Feb. 20, 2008- story

Oil prices hits record 100.10 dollars
on supply worries

CARACAS
Petroleumworld.com Feb. 20, 2008 - story

Oil prices fall, remain close to 100 dollars - story

Nigeria to triple power supply in 18 months - story

Obama hammers Clinton again to stretch unbeaten streak - story

Castro departure leaves Cuba in suspense - story

No plans to resign: Musharraf - story

Chavez: heir to Castro's revolutionary mantle - story

Lukoil halts shipments to Germany: report - story

Shell says Forcados pipeline repaired - story

Russia, Algeria meet as gas OPEC plan gains ground - story

Platts study shows US Gulf fields meet oil output targets - story

Mexico's President plans relaunch of petrochemical industry (20-2-2008) - story

Ecuadorean prosecutor suggests Petrobras seizure - story

Venezuela to pay Eni $700 million for oil project - story

Exxon Venez. assets worth less than PDVSA Chalmette - story

PDVSA Pushing Orinoco Crude - story

Kosovo declares independence, Serbia rejects

AFP/Daniel Mihailescu

Kosovars celebrate the independence of Kosovo as they displays the contry's new flag in the center of Pristina.

PRISTINA
Petroleumworld.com Feb. 19, 2008- story

Iran says OPEC output cut not ruled out

AFP/Atta Kenare

Iranian Oil Minister Gholam Hossein Nozari speaks during the inauguration of a petroleum and petrochemical oil stock exchange in Tehran. Nozari declined to rule out that the oil cartel OPEC would cut production at its next meeting in early March, a move vehemently opposed by oil-consuming countries.

TEHRAN
Petroleumworld.com Feb. 19, 2008- story

World divides as self-interest shapes Kosovo reaction - story

Oil prices climb above 96 dollars - story

Rice in Kenya for crisis talks - story

Stolen Petrobras info was 'state secret': Brazilian president - story

Iran begins production at giant oil field - story

Iran predicts Hezbollah to destroy Israel - story

Venezuela to cut off oil to US only if attacked: Chavez - story

Iran opens first oil products bourse - story

Agency urges US to use
pricing to fight energy woes

WASHINGTON
Petroleumworld.com Feb. 18, 2008- story

OPEC lowers its oil demand
projections for 2008

VIENNA
Petroleumworld.com Feb. 18, 2008- story

World oil prices higher in Asian trade - story

Chávez backs off threats to halt oil exports to U.S. - story

In Africa, Bush pushes Kenya deal - story

Excitement as Kosovo independence confirmed for Sunday - story

Belarus, Russia in talks on boosting gas transit - story

Oil prices mixed as supply worries percolate - story

Klaus re-elected Czech president - story

Stolen Petrobras data may compromise key Brazil oil find: reports - story

EU set to study risks of controversial Baltic gas pipeline: MEP - story

Chavez says Venezuela can sell oil anywhere, not just to U.S. - story

Petrobras Argentine affiliate 4th-qtr profit slips - story

Venezuela rips Exxon, settles with ENI - story

Venezuela requests help from U.S. senator - story

Former Chavez ally tells VOA Venezuela faces an economic, political, and social crisis - story

OPEC backs Venezuela against Exxon - story

Braskem's Venezuela project on track - story

Brazil's Petrobras orders $2 billion offshore oil platform - story

Bolivia to squeeze natural gas supply for Brazil - story

Fitch: Potential impact of Exxon's freeze on PDVSA partnered refineries - story

Private equity firm to buy PDVSA's Bahamas oil terminal for $900 million - story

Mexico's turned down PETROBRAS a JV offer to invest in technology for deepwater drilling - story