Conoco Talks On Azeri Field Expire Without Agreement
Conoco is reportedly was "considering all options" after failing to reach agreement in talks with Azerbaijan over a $1.2 billion deal to rehabilitate and develop a major oil field.
Daewoo, Creditors Near End Of Talks
Daewoo Group is reportedly in the final stages of talks with creditors on a blueprint to overhaul the embattled conglomerate amid media reports that its cash-rich brokerage would be sold.
Oil In Transit Volumes Starting To Drop
Volumes of oil in transit will reportedly start to fall away this month after dropping marginally in July, according to Oil Movements.
Cuba Offers 59 Offshore Oil Blocks In Joint Venture
The Cuban government is reportedly offering 59 offshore oil blocks for joint venture projects with foreign companies as part of its bid to develop the local hydrocarbon…
Big Oil, Kuwait Close To Serious Upstream Talks
Big oil firms reportedly may start serious talks soon with Kuwait on upstream oil deals as the oil-rich Gulf state inches closer to opening up the prized sector.