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6 May 2008 year (time zone GMT 00:00)  Number of sources in English: 4551
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May 14: Bashkortostan Hotel to host seminar on equipment supplies to OJSC "Gazprom"

06.05.2008 15:24    oil-gas.biz
On May 14, Bashkortostan Hotel will host a seminar organized by Gazkomplektimpeks and the Association of Oil and Gas Equipment Manufacturers that will be dedicated to expansion of Bashkortostan-made products supplies to facilities of OJSC "Gazprom". The event will be

Drilling equipment manufacturer National Oilwell Varco for the first time among five top performing U.S. companies

06.05.2008 15:24    oil-gas.biz
Fortune magazine has published the list of best performing companies. The leader is the U.S. company Mosaic, the world’s second largest fertilizer producer. The second is AK Steel Holding, the third largest steel producer in the U.S. The U.S. leading

Elena Loginova: Large oil and gas industry community emerging in Runet

06.05.2008 15:24    oil-gas.biz
General director of Informresursprom Company and vice president of the Association of Oil and Gas Equipment Manufacturers, Elena Loginova has announced a plan to create a large oil and gas industry community in the Russian Internet. "Our plan is that

Oil hits new London record price

06.05.2008 12:30    peakoil.com
The price of a barrel of oil has passed $119 for the first time in London. Brent crude reached $119.07 a barrel. US light, sweet crude also hit a new high of $120.93. ...

SOCAR drilled more than 70,5 kilometers for the year to date

06.05.2008 10:40    oil-gas.biz
The State Oil Company of Azerbaijan Republic (SOCAR) drilled approximately 15 600 meters in April 2008. The meterage includes about 14200 meters of production drilling and 360 meters of exploration drilling. Over the period of January May 1, 2008, SOCAR

Integra-Mash-Servis offers drilling equipment failure prevention system

06.05.2008 10:40    oil-gas.biz
The service provider and manufacturer Integra-Mash-Servis has offered a packaged solution designed in response to drilling companies’ demand for drilling equipment failure prevention in remote areas. The solution includes nondestructive testing of support frames, rotary group vibration diagnostics, and quality

Gazprom's executive board discusses equipment purchase issues

06.05.2008 10:40    oil-gas.biz
The executive board of OJSC "Gazprom" has approved "The Guidelines for improvement of procurement system of OJSC "Gazprom" and decided to prepare and submit materials on procurement improvement to the company’s board of directors. Also, the executive board approved a

Mexico key opposition party criticizes oil plan

06.05.2008 07:45    peakoil.com
MEXICO CITY (Reuters) - A key Mexican opposition party lawmaker has recommended rejecting part of President Felipe Calderon's energy reform proposal that would allow private companies to own refineries and pipelines. The opposition Institutional Revolutionary Party, or PRI, has said

Fermi's Paradox and the End of Cheap Oil

06.05.2008 07:45    peakoil.com
I've been thinking of Fermi's Paradox since I saw the documentary film A Crude Awakening: The Oil Crash, with its dire predictions of the wars and disruptions that could occur on the downward slope of the Hubbert curve. While I

Bush: No quick fix for gas prices

06.05.2008 07:45    peakoil.com
WASHINGTON - President Bush said Monday that he's troubled by rising gas prices and will take a look at proposals to relieve the crisis but warned that there is no quick fix. "It's been a while in the making and

Airline emissions 'far higher than previous estimates'

06.05.2008 07:45    peakoil.com
The aviation industry's failure to curb its soaring carbon emissions could lead to the "worst case scenario" for climate change, as envisaged by the United Nations. An unpublished study by the world's leading experts has revealed that airlines are pumping

The End of Cheap Oil is Now

06.05.2008 07:45    peakoil.com
Never underestimate a politician's ability to pander. With gasoline prices nearing $4 a gallon and the summer driving season approaching, presidential candidates John McCain and Hillary Clinton have responded by calling for a consumer holiday from the federal gasoline tax.

12 steps of Peak Oil

06.05.2008 07:45    peakoil.com
The 12 Steps of Oil Anon (With a tip o’ the hat to Alcoholics Anonymous) Here are the steps we took, which are suggested as a program of recovery: 1. We admitted we were powerless over our addiction to oil—that

Bush to discuss oil prices on trip to Saudi Arabia

06.05.2008 07:45    peakoil.com
WASHINGTON (Reuters) - President George W. Bush is expected to talk with Saudi Arabian officials about the effect record oil prices are having on the U.S. economy during his upcoming visit to the kingdom, the White House said on Monday.

Public Bike Programs Surging

06.05.2008 07:45    peakoil.com
A surge in public bicycle rental programs is giving cycling a shot in the arm in a growing number of cities around the world. Copenhagen, Berlin, and other municipalities in Europe have offered public bikes for several years, but Paris

Peak Oil and the '08 Election

06.05.2008 07:45    peakoil.com
The headlines this month have been taken by the most insidious of America's vices: black gold. Oil futures are now projected to exceed $100 a barrel until 2016, and continue to sit comfortably near the $115-120 a barrel mark. Many

Growth forecast for UK economy will be hit by rising oil price

06.05.2008 07:45    peakoil.com
The post-credit crisis economic recovery could be "snuffed out" by high oil prices, experts have warned, as the price of crude broke through the $120 mark for the first time. The influential Ernst & Young Item Club warned that rising

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