Iraq oil development rights won by Shell

Well, well that's what its all about...  To the winners goes the spoils, err well oil in this case,  Iraq oil wells. Oh China, lost...   Its now time to exploit Iraq, the new regime needs to...

Petronas Urged by Ethopian Rebels to Avoid Ogaden

Ethiopia's Ogaden rebels warned Malaysia's Petronas [PETR.UL] on Tuesday they would not tolerate oil exploration in Ethopia's Somali region, saying it would link the company to war crimes by the Ethiopian...

Chinese oil workers killed in Sudan (Updated II)

As China condemned the killing of its CNPC oil workers as an inhumane terrorist act, the Justice and Equality Movement denied any responsibility in their captivity and death. " UPDATES: China...

Petronas ready to invest in Indonesia, says Malaysian deputy PM

"Malaysian oil company Petronas is ready to invest in Indonesia if the Indonesian government asks the company to do so, Malaysian Deputy Prime Minister Dato Sri Mohd Najib Tun Abdul Razak said on Monday evening."Petronas is certainly ready if the Indonesian government offers...

Pertamina beats Petronas for Indonesian subsidised fuel license

"Indonesia's state-owned Pertamina has edged out Malaysia's Petronas and a local competitor to win approval to distribute subsidised fuel in Indonesia in 2008, the oil and gas regulator said Thursday.The approval will allow Pertamina to oversee the distribution of an...

Malaysia launches 33.2 billion dollar development plan

"The East Coast Economic Corridor (ECER) project, drawn up by national oil company Petronas, is the third and final of a series of big-spending development master plans which have been rolled out ahead of expected...

ChevronTexaco and Malaysia's Petronas kicked out of chad for tax evasion

If we dont want to lose a little, we end up losing so much.

Chad expels oil firms Chevron and Petronas (AFP)

" N'DJAMENA (AFP) - Chad's President Idriss Deby Itno ordered the foreign oil firms ChevronTexaco and Petronas to leave the country from Sunday for non-payment of taxes. "From tomorrow, representatives of Chevron...

closeSign in to NowPublic

is reporting from