Category: Oil and Gas Industry

Bahrain Oil and Gas Industry


From 15th to 18th of March 2009 MEOS 2009 would be held in Bahrain. This is a big event for Bahrain oil and gas industry as it would be attended by best professionals operating within this industry.

Over years MEOS has played a major role in oil and gas industry of Bahrain. This event has been credited with creation of a platform where individuals and establishments within oil and gas industry in Bahrain can discuss some major issues like human resource, advancements in technology and demand for products of oil and gas industry at Bahrain.

Brunei Oil and Gas Industry


In 2009 Brunei oil and gas industry became a part of Gas Exporting Countries Forum (GECF) along with other countries like Algeria, Iran, Bolivia, Qatar, Venezuela, Libya, Egypt, Malaysia and Indonesia. This organization would be incorporating a structure of price control that is like Organization of Petroleum Exporting Countries.

Philippines oil and gas industry


As per latest reports of Philippines oil and gas industry Philippine based unit of Royal Dutch Shell and BHP Billiton are trying to bid for 20 percent ownership of oil and gas exploration project initiated by Philippine government.

As per reports of New Straits Times, Petronas, which is a state owned company of oil and gas industry of Philippines would put in $194.8 million in energy sector of Uzbekistan. This money would be invested for a period of three years.

Saudi Arabia Oil and Gas Industry


In January 2009 Saudi Arabia oil and gas industry has been able to discover three new natural gas fields and five new oil fields. This information has been provided by Ali bin Ibrahim-al-Naimi who is minister of petroleum and mineral resources of Saudi Arabia. Saudi Aramco, which is a state owned oil and gas company of Saudi Arabia, has declared that its major investments would not be affected by financial problems across globe.

Mexico Oil and Gas Industry


Mexico Oil and Gas Industry has witnessed a mixed result ever since post-nationalization. Mexico is sixth biggest producer of oil in world having seventh largest natural gas reserve in western hemisphere. Petróleos Mexicanos (PEMEX), Mexico’s state-owned petroleum company, which is a major force of oil and gas industry of Mexico, intends to pull in more bids from drilling contractors for 500 new development wells on Chicontepec field. Higher output from Chicontepec field is expected to compensate falling production from other fields of oil and gas industry at Mexico.

US Oil and Gas Industry


As per latest information on US oil and gas industry, Total, which is a major oil and gas company of France, has announced on 14th January 2009 in a company statement that it would purchase 50 percent in American Shale Oil. American Shale Oil is a sister concern of IDT, which is a diversified telecommunications services provider based in New Jersey.