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Wednesday, April 7, 2010 as of 11:14 AM ET

Oil Companies

This is a list of selected petroleum (crude oil) exploration and production companies in alphabetical order.

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Iran Sanctions Could Benefit Oil Majors: Moody's

The fact that some of the world's largest oil and gas reservoirs are 100% owned and operated by national oil companies could benefit international oil companies if economic sanctions imposed on Iran constrain the country's petroleum production, Moody's Investors Service said in a recent note.

"As most IOCs have no or very limited exposure to Iran in terms of their overall production, higher prices triggered by a supply squeeze from the sanctions on Iran would benefit their upstream operations considerably."The analysts went on to say that the gains from higher prices would outweigh any adverse effects on IOC's downstream businesses, which typically account for a smaller portion of these companies operating profits and cash flows.The overall impact on Iran's crude export volumes is likely to be limited, however, as major importers like China and India would be reticent to reduce their supply by anything more than the minimum amount required to receive a waiver from US sanctions, said Moo...

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  1. Brazil Batista's EBX Bets On Organic Growth; May Hold Gold IPO

    Brazilian billionaire Eike Batista's EBX Group plans its future on organic growth based on its own quality assets and not on asset acquisition, its president and own...

  2. Fracking Disclosure Gathers Steam Among Exxon, Chevron Shareholders

    The usually docile shareholders of Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) are likely to make their voices heard this year on the risks of tapping oil and ga...

  3. Eni: Middle East Refining Boom A Problem For European Refiners

    Eni SpA (E), Italy's biggest energy company by market value, said Tuesday that a refining boom in the Middle East is putting pressure on European refiners because th...

  4. Elton: Natural Gas is Fuel of the Future

    Byron Elton, Carbon Sciences CEO, on why he believes natural gas is the key to economic stability and job creation in the U.S.

  5. Hofmeister Clarifies Gas Price Confusion

    Former Shell Oil Company President John Hofmeister explains the recent gyrations in gas prices nationally and what’s coming up for the summer driving season.

  6. India Promises $7 Billion More Fuel Subsidy To Retailers - Official

    India's finance ministry has agreed to pay INR385 billion ($7 billion) in additional cash subsidies to state-run fuel retailers for selling fuels below cost in the l...

  7. Total, ConocoPhillips Lose Battle To Operate UK Terminal -Report

    Associated British Ports has won a multi-million pound battle with oil majors Total SA (TOT) and ConocoPhillips (COP) over the future use of the Immingham Oil Termin...

  8. What Causes the Disconnect Between Oil, Gas Prices?

    Platts Global Director of News John Kingston on the outlook for oil and gas prices and what is needed to bring down the price of gas.

  9. Colombia To Boost Natural Gas Supplies To Venezuela - Official

    Colombia will increase natural gas shipments to Venezuela by some 50% later this year, Colombian Energy Minister Mauricio Cardenas said Friday.Colombia will boost su...

  10. Colombia Oil Reserves Rose 10% In 2011; Government Says More Needed

    Colombia's proven oil reserves climbed 10% last year compared with 2010, but the government says more is needed and is urging companies to spend more on exploration....

  11. Brazil Navy Confirms Investigation Of Oil Slick Off Espirito Santo

    The Brazilian Navy confirmed Thursday that an oil slick has been spotted off the coast of Espirito Santo state, with a team still on site trying to determine the sou...

  12. Colombia's Ecopetrol Tops Petrobras As Biggest Latin Company -Study

    Colombian national oil company Ecopetrol (EC, ECOPETROL.BO, ECP.T) is now Latin America's biggest company by market value, passing Brazil's Petroleo Brasileiro SA (P...

  1. Bharat Petroleum 4Q Net Profit Surges More Than Fourfold

    India's Bharat Petroleum Corp. (500547.BY) Friday reported a more than fourfold jump in its fourth-quarter net profit, helped by government subsidies for selling die...

  2. General Electric To Invest BRL500 Million In Brazil Technology Center

    General Electric Co. (GE) said Thursday it will invest 500 million reais ($245.5 million) in a research-and-development center in Rio de Janeiro.The center, which sh...

  3. Nigeria Loses 180,000 Barrels Worth Of Crude To Theft Daily-Executive

    Thieves are stealing about 180,000 barrels worth of crude oil every day from pipelines in Nigeria, the head of the state-owned oil company said Thursday.The theft--a...

  4. Putin: Independent Firms Should Have Access To Offshore Resources

    Russian President Vladimir Putin said Thursday that independent oil companies should have the right to develop offshore resources as long as they don't sell those ri...

  5. Repsol Brazil Block Has 1.2 Billion Barrels Of Oil Equivalent

    Repsol YPF SA (REP.MC) said Thursday that some of the areas it is exploring off the coast of Brazil contain more than more than a billion barrels of oil and gas, a d...

  6. Ecuador Expects To Close Deal With Petrobras Over Assets In June

    Ecuador expects to close a deal with Brazilian energy giant Petroleo Brasileiro SA (PBR) in June over compensation for Petrobras's former assets in the Andean countr...

  7. Nigeria Lost $4.3 Million To Oil Theft Over Last 2 Years - Watchdog

    Nigeria has lost $4.3 million over the last two years as a result of oil theft in the Niger Delta, the Nigeria Extractive Industries Transparency Initiative said in ...

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