11/30/2011
-- Libya's oil production hits 750,000 b/d en route to full recovery Libya’s oil output has reached 750,000 b/d and is on track to reach prewar production of 1.6 million b/d by yearend 2012, according to the chairman of the state-owned National Oil Corp.
11/29/2011
-- Eni buyer of stake in Evans Shoal gas field Eni SPA is the previously unidentified buyer of a major interest in Evans Shoal natural gas field in the Timor Sea off Australia from Santos Ltd. (OGJ Online, Oct. 28, 2011).
11/29/2011
-- Total names executives in restructuring Total SA has made a series of executive appointments related to the restructuring of its downstream business announced in October (OGJ Online, Oct. 10, 2011).
11/29/2011
-- Iranian oil officials 'unafraid' of recently imposed sanctions Iran’s Oil Minister Rostam Qasemi said sanctions recently imposed against his country by the US, the UK, and Canada will present global oil markets with problems in securing oil of equal quality and quantity.
11/28/2011
-- MARKET WATCH: EU economic crisis holds down oil prices Crude oil prices were down over the US Thanksgiving holiday last week but the front-month natural gas contract managed a small gain in the New York futures market, as equities continued to take a beating.
11/23/2011
-- ExxonMobil nettles Baghdad with Kurdish PSC ExxonMobil Corp. has signed a production-sharing contract with the Kurdistan Regional Authority for 6 blocks in the semiautonomous region in northern Iraq.
11/23/2011
-- Holiday publishing schedule Because of the Thanksgiving holiday in the US, the Oil & Gas Journal Daily Update e-newsletter will not be issued Nov. 24-25, 2011. E-newsletter distribution will resume Nov. 28, 2011.
11/23/2011
-- MARKET WATCH: Energy prices rise while equity markets fall Energy prices rose Nov. 22 with natural gas up on lower temperatures and crude again closing above $98/bbl in the New York market, but the equity market was “crushed” by a strong downward revision in the US third-quarter gross domestic product.