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Oil and utilities highlights to 15:45 GMT


Published :
Thu, 25 Jan 2007 17:02
By : Agencies
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2007-01-25 14:59:21

Occidental Petroleum 4Q profit falls

LOS ANGELES (AFX) - Occidental Petroleum Corp. on Thursday said profit slid

19 percent due to sharply lower gas prices and moderately weaker oil prices in

the fourth quarter.

2007-01-25 14:43:49

Shell Canada plans to boost oil sands production

LONDON (AFX) - Shell Canada Ltd, which is a target of a full takeover by

majority shareholder Royal Dutch Shell PLC, said it is aiming to grow bitumen

production to 770,000 barrels a day and refining capacity to about 700,000

barrels a day.

2007-01-25 14:18:37

EU concerned about Russia-Algeria gas agreement

BRUSSELS (AFX) - EU Energy Commissioner Andris Piebalgs raised concerns

about a gas agreement between Algeria and Russia and called on them to reveal

their 'intentions' and the impact on consumers.

2007-01-25 14:12:06

Rosneft, India's ONGC sign agreement to cooperate on joint bids

NEW DELHI (AFX) - Russia's Rosneft Oil Co and India's state-run Oil Natural

Gas Corp sealed a deal to jointly bid for exploration and refining projects in

India, Russia and other countries, the two companies said in a statement.

2007-01-25 14:00:06

Rosneft strengthens cooperation with ONGC to make inroads into Indian market

MOSCOW (AFX) - Rosneft, the second largest Russian oil producer, said it is

strengthening its cooperation with India's largest oil company, Oil and Natural

Gas Corp (ONGC), in an attempt to make inroads into the Indian market.

2007-01-25 12:41:44

CNPC to join Rosneft and Gazprom in offshore oil and gas projects: report

MOSCOW (AFX) - China National Petroleum Corp. (CNPC) is to team up with

state-controlled Russian energy giants Rosneft and Gazprom to develop oil and

gas fields in the Arctic Ocean, the Russian RBK Daily said.




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