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Nigeria: UBA Leads ExxonMobil/NNPC U.S. $265 Million Upstream Financing
Published July 8, 2009, 12:42 pm, AllAfrica.com
A consortium of eight Nigerian banks led by UBA, as the lead bank, are in a $265million supplementary refinancing deal for ExxonMobil and the Nigerian National Petroleum Corporation (NNPC). The banks are United Bank for Africa Plc, Oceanic Bank, Standard Chartered Bank, Skye Bank, Zenith Bank, Bank PHB, Access Bank and Union Bank Plc.
OPEC sees prolonged weakness in demand for its oilÂ
Published July 8, 2009, 7:44 am, Reuters via Yahoo! UK & Ireland News
World demand for OPEC's oil may take years to recover from the slump in 2009 because of economic weakness and demand destruction, the group said on Wednesday, justifying its slower spending on new supplies.
NPD Posts Petroleum Production Results for Norwegian Shelf
Published July 8, 2009, 7:38 am, Rigzone
The average daily production was about 1,809,000 barrels of oil, about 258,000 barrels of NGL (Natural Gas Liquids) and about 81,000 barrels of condensate, in total of 2,148,000 barrels liquid.
OPEC Expects Demand for Its Crude in 2013 to Be Below Last Year
Published July 8, 2009, 5:45 am, Bloomberg
July 8 (Bloomberg) -- OPEC says the world will need less crude oil from the group in 2013 than it did last year as the lingering impact of recession crimps demand and rising biofuels supply makes up for shrinking production elsewhere.
Saudi Aramco To Begin Juaymah Gas Plant In September 2009
Published July 8, 2009, 3:02 am, Energy Business Review
Saudi Arabian Oil Company (Saudi Aramco) is planning to begin the expanded Juaymah gas plant in September 2009, sources working on the project told Reuters. Initially, the start- up of the plant was planned in June 2009, after several postponements from the first plan to start in the first quarter of 2008. The plant expansion will add 260,000 barrels per day (bpd) of extra capacity to the ...
Norwegian Petroleum Directorate: May Average Production 1.81 Million B/D
Published July 8, 2009, 1:08 am, Nasdaq
The Norwegian Petroleum Directorate said Wednesday that average daily production on the Norwegian continental shelf in May was about 1,809,000 barrels of oil.
CME Group Announces The Launch Of Clearing Services For Physical Natural Gas Liquids
Published July 7, 2009, 4:20 am, ChemicalOnline
CME Group, the world's largest and most diverse derivatives exchange, today announced the launch of clearing services for six new physically delivered natural gas liquids futures contracts
ONEOK and ONEOK Partners Schedule Second-Quarter 2009 Earnings Conference Call and Webcast
Published July 6, 2009, 3:16 pm, PR Newswire via Yahoo! Finance
ONEOK, Inc. and ONEOK Partners, L.P. will release their second-quarter earnings after the market closes on Aug. 4, 2009.
AltaGas Enters MOU With Nova Chemicals for Liquids Extracted at Harmattan
Published July 6, 2009, 8:39 am, Marketwire
CALGARY, ALBERTA--(Marketwire - July 6, 2009) - AltaGas Income Trust (AltaGas or the Trust) (TSX:ALA.UN) today announced that it has entered into a Memorandum of Understanding (MOU) with NOVA Chemicals Corporation (NOVA Chemicals). As part of the proposed Harmattan Co-Stream Project, AltaGas is planning to process an initial 250 Mmcf/d of additional natural gas using spare capacity at the ...
AltaGas Enters MOU With Nova Chemicals for Liquids Extracted at Harmattan
Published July 6, 2009, 8:34 am, CCNMatthews via Yahoo! Finance
CALGARY, ALBERTA-- - AltaGas Income Trust today announced that it has entered into a Memorandum of Understanding with NOVA Chemicals Corporation . As part of the proposed Harmattan Co-Stream Project, AltaGas is planning to process an initial 250 Mmcf/d of additional natural gas using spare capacity at the Harmattan Complex to extract ethane and natural gas liquids .
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