OIL INDUSTRY NEWS

100 Feared Dead in Nigerian Pipeline Fire
Fri 16 May 3:48am
By WILL CONNORS LAGOS, Nigeria More than 100 people were feared dead on Thursday after a construction vehicle struck an oil pipeline on the outskirts of ......


FG Moves to Improve Domestic Gas Supply
Fri 16 May 3:16am
Kingibe said government was presenting between 20 and 30billion dollar infrastructure investment opportunity, adding that the Oil and Gas Committee, ......


Calvalley Petroleum - 2008 First Quarter Results
Fri 16 May 3:01am
CALGARY, May 15 /CNW Telbec/ - Calvalley Petroleum Inc., (TSX: CVI.A) Calvalley Petroleum Inc. (the "Company" or "Calvalley"), an international junior oil and gas company based in Calgary, Alberta,......


Commodity News Center. Com Market Summary
Fri 16 May 2:14am
Crude oil closed modestly lower today, with the June contract settling 10 cents lower at dollar 124.12 a barrel. Larger than expected build in U.S. natural gas inventories pulled crude lower after rallying dollar 2 higher early in the session....


Natural Gas Weekly Update - May
Fri 16 May 2:06am
Liberty currently provides hub services on its associated pipeline, which is connected to Transcontinental Gas Pipe Line (Transco), Tetco, Tennessee Gas ......


UPDATE 1-INTERVIEW-Suez pushes Peru natgas pipeline
Fri 16 May 1:07am
PA: Quote, Profile, Research) is willing to be flexible over where it builds a natural gas pipeline in Peru and is confident its merger with Gaz de France ......


Pakistan, Iran talks on pipeline on May 26
Fri 16 May 12:25am
He said that the energy supply mix in Pakistan stood at 48.6 percent gas and 30 percent oil in 2006-07. Power sector of Pakistan consumes the largest ......


Trafalgar Energy Ltd. releases first quarter results
Fri 16 May 12:04am
CALGARY, May 15 /CNW/ - Trafalgar Energy Ltd. (TSX:TFL) ("Trafalgar" or the "Company") is pleased to announce the unaudited financial results for the quarter ended March 31, 2008....


Sterling reports first quarter 2008 results and looks forward to active second half
Fri 16 May 12:04am
CALGARY, May 15 /CNW/ - Sterling Resources Ltd. (TSX-V: SLG). Following its recent drilling success in 2007, Sterling Resources has been focused on progressing the development of its two offshore g......


Progress Energy Trust Confirms May Distribution
Fri 16 May 12:04am
CALGARY, May 15 /CNW/ - (TSX-PGX.UN) - Progress Energy Trust ("Progress" or the "Trust") today confirmed a distribution of dollar 0.10 per Trust unit for the month of May. The distribution will be paid on......