Gulf Oil and Gas Newsletter Feb 2006

Forum Home

Aggregated

Oil and Gas Newletters

Gulf Oil and Gas Newsletters 2006

Gulf Oil and Ga...

Gulf Oil and Gas Newsletter Feb 2006 - 02

5/24/2007 2:37:10 PM

US_NL

171 posts

Gulf Oil and Gas Newsletter Feb 2006 - 02

	NEWS LETTER
	Volume 022006_02

Oil Market @ GulfOilandGas

Product Markets and Refinery Operations - Jan 06: Crude oil prices drifted lower on forecasts of mild weather in January in the Northern Hemisphere, while product prices retained more of their value due mainly to strong distillate prices on the back of healthy demand from main European consumers such as Germany as well as opened arbitrage to the US market particularly for Russian gasoil. Strong demand for gasoline also helped prices as the US gasoline crack almost doubled with a gain of 45% since the week ended 22 December. More...

Middle East Highlights @ GulfOilandGas

SABIC Signs a LOI With Shaw Stone & Webster
Saudi Basic Industries Corporation (SABIC) signed a Letter of Intent (LOI) with the US Shaw Stone & Webster for the engineering, procurement and construction of a High Density Polyethylene (HDPE) plant at the YANSAB affiliate, Yanbu, Saudi Arabia. More...

Commence Drilling Operations at Mubarek Field
Sky Petroleum, Inc. announced that Buttes Gas and Oil Co. International Inc., a wholly owned subsidiary of Crescent Petroleum Company International Ltd, the operator of the Mubarek Field, commenced drilling operations on January 31 st at the Mubarek H-2, the first of Sky Petroleum’s two infill wells on the field. More...

Africa Highlights @ GulfOilandGas

Total Announces Fifth Oil Discovery in the Angolan Ultra-Deepwater Block 32
Sociedade Nacional de Combust?veis de Angola (Sonangol) and Total’s wholly owned subsidiary Total E&P Angola announce a new oil discovery with the fifth exploration well drilled on Block 32 in the offshore ultra-deepwaters of Angola. Drilled in a water depth of 1,758 meters, the Mostarda-1 well tested at a rate of 5,347 barrels per day of oil at 30° API density, from one of the reservoir intervals encountered. More...

BP Signs Agreement to Boost LNG Supplies to Atlantic Markets
BP has signed a memorandum of understanding with Brass LNG in Nigeria to purchase two million tonnes a year of liquefied natural gas (LNG). The deal, which is expected to be concluded later this year, will cover a 20 year period, starting in 2010. The LNG will be delivered by Brass and used by BP to supply multiple markets in the Atlantic basin. More...

Events @ GulfOilandGas

Waste Management for Oil & Gas
Waste Management for Oil & Gas, 6th & 7th March 2006- Thailand will discuss areas in; Corporate Social Accountability for Waste Management in Oil & Gas, Accounting & the Environment and Returning to Earth-Waste Management for Sustainability.

International Boundary Disputes and Unitisation E&P
Challenges in frontier E&P are growing ever more complicated, and the ability to effectively negotiate, manage conflicts and devise a pre-emptive operational strategy can mean the difference between high profits now, or high litigation fees later.

Industrial Energy Management in the 21st Century
Industrial Energy Management 2006 is aimed at improving delegates knowledge and understanding of the principles involved in designing & operating continuous process at optimum efficiency . “If you’re involved in industrial processing and manufacturing, the cost and quality of energy have a huge impact on your operations and profits. Energy always affects cash flow, operational efficiencies and customer service.

World Oil Supply

World Oil Demand

Balance of Supply/Demand

www.gulfoilandgas.com

Page 1 of 1

Aggregated

Oil and Gas Newletters

Gulf Oil and Gas Newsletters 2006

Gulf Oil and Ga...