Oil and utilities highlights to 15:45 GMT |
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Published
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Thu, 25 Jan 2007 17:02 |
2007-01-25 14:59:21Occidental Petroleum 4Q profit fallsLOS ANGELES (AFX) - Occidental Petroleum Corp. on Thursday said profit slid19 percent due to sharply lower gas prices and moderately weaker oil prices inthe fourth quarter.2007-01-25 14:43:49Shell Canada plans to boost oil sands productionLONDON (AFX) - Shell Canada Ltd, which is a target of a full takeover bymajority shareholder Royal Dutch Shell PLC, said it is aiming to grow bitumenproduction to 770,000 barrels a day and refining capacity to about 700,000barrels a day.2007-01-25 14:18:37EU concerned about Russia-Algeria gas agreementBRUSSELS (AFX) - EU Energy Commissioner Andris Piebalgs raised concernsabout a gas agreement between Algeria and Russia and called on them to revealtheir 'intentions' and the impact on consumers.2007-01-25 14:12:06Rosneft, India's ONGC sign agreement to cooperate on joint bidsNEW DELHI (AFX) - Russia's Rosneft Oil Co and India's state-run Oil NaturalGas Corp sealed a deal to jointly bid for exploration and refining projects inIndia, Russia and other countries, the two companies said in a statement.2007-01-25 14:00:06Rosneft strengthens cooperation with ONGC to make inroads into Indian marketMOSCOW (AFX) - Rosneft, the second largest Russian oil producer, said it isstrengthening its cooperation with India's largest oil company, Oil and NaturalGas Corp (ONGC), in an attempt to make inroads into the Indian market.2007-01-25 12:41:44CNPC to join Rosneft and Gazprom in offshore oil and gas projects: reportMOSCOW (AFX) - China National Petroleum Corp. (CNPC) is to team up withstate-controlled Russian energy giants Rosneft and Gazprom to develop oil andgas fields in the Arctic Ocean, the Russian RBK Daily said.
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