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 Gulf Oil and Gas Newsletter May 2007 Vol 5 Issue 20
 
 5/27/2007 1:48:31 PM
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5th


Gulf Oil and Gas Newsletter May 2007 Vol 5 Issue 20
Gulf Oil and gas Home Page

Newsletter Volume 05 Issue 20

  Middle East Highlights @ GulfOilandGas
Petrel Confirms Finalisation of a PSA on the East Safawi Block in Jordan
Petrel Resources confirms finalisation of a Production Sharing Agreement (PSA) on the East Safawi Block in Jordan.  More... 		 

Anadarko Announces Sale of Production Assets in Qatar
Anadarko Petroleum Corporation announced it has agreed to divest 100 percent of its interest in Anadarko Qatar Energy Company LLC and Anadarko Resources Company (collectively "Anadarko Qatar"), which together holds a 92.5 percent interest in Blocks 12 and 13 in Qatar.  More... 		 

  Africa Highlights @ GulfOilandGas
BP Makes Fourteenth Oil Discovery in the Ultra-Deep Water Block 31 Angola
Sonangol and BP Exploration (Angola) Limited announced the 'Cordelia' oil discovery in ultra-deepwater Block 31, offshore Angola. Cordelia is the fourteenth discovery that BP has drilled in Block 31.  More... 		 

Marathon and Partners Deliver First LNG Cargo From Guinea Train 1 LNG Project
Marathon Oil Corporation (NYSE: MRO) and its partners announced today the delivery of the first cargo of liquefied natural gas (LNG) from their Train 1 LNG project on Bioko Island, Equatorial Guinea.  More... 		 

  Events @ GulfOilandGas
LNG North America Summit
The LNG North America Summit 2007 brings together leading industry professionals from across the world to explore innovative strategies shaping the commercial and technical development of the LNG value chain.   		 

The 9th China Energy Dialogue: China Petroleum Wholesale & Retail Summit 2007
China Petroleum Wholesale & Retail Summit 2007 is the right platform for all the industry players to master the second coming of business and trade opportunities, following the success of the 1st annual event last yesr with over 150 key participants.  		 

Oil & Gas Legal Congress 2007
Malaysia, Indonesia and the Philippines mirror the global trend on NOCs gaining more and more negotiating power today. While operators struggle to comply with PSCs, contractors, on the other hand, clamor for a more reasonable allocation of liabilities and risks.  		 

 

 

 

  Oil Market @ GulfOilandGas
Economic prospects and oil demand growth in 2007 - May 07
In the last four months, crude oil prices have risen mainly on the back of geopolitical tensions and sharp draws on US gasoline stocks which were due to extensive unplanned refinery outages and maintenance schedule delays.  More...
World Oil Supply
World Oil Demand
Balance of Supply/Demand





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