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Oil Reserves News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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  • China's Strategic Petroleum Reserves Will Enable it to Survive Supply Disruptions 26 Nov 2009 08:18 GMT
    ... crude oil imports in 2008, China's strategic oil reserves are relatively low. To secure its future ... produced a three-phase blueprint to build national petroleum reserve and has started setting up a national oil reserve bases since 2003. Strategic Petroleum Reserves (SPR) ...

  • George Will Doesn't Understand Oil 26 Nov 2009 09:13 GMT
    ... into complacency by uninterpreted statistics. The reasons we've always had to a 10-15 year oil reserve are: looking for oil is expensive, development of a field is expensive and takes years. No ...

  • Beach Petroleum Limited (ASX:BPT) Managing Director Reg Nelson Address At Annual General Meeting 26 Nov 2009 02:13 GMT
    ... Beach Petroleum Limited (ASX:BPT) Managing Director Reg Nelson Address ... exploration efforts that are vital to identify oil reserves for the future. World oil supply is facing a ...

  • Oil's expanding frontiers 26 Nov 2009 04:37 GMT
    ... Published: Tuesday, November 24, 2009 at 1:00 a.m. Last ... 1914, the Bureau of Mines said U.S. oil reserves would be exhausted by 1924. In 1939, the ... the world had 13 years worth of petroleum reserves. Then a global war was fought and ...

  • Gas Prices Sitting At $3 or More A Gallon 26 Nov 2009 04:32 GMT
    ... Gas Prices Sitting At $3 or More A Gallon Posted ... is making oil available from the Strategic petroleum reserve.. But, the U-S is still missing a ...

  • Dubai seeks debt delay, some units cut to junk 26 Nov 2009 00:26 GMT
    ... Dubai seeks debt delay, some units cut to junk ... build tourism as an alternative to dwindling oil reserves. (Reporting by Rachna Uppal, Andrew Hammond, Matt Smith, ...

  • Dubai slides further into financial crisis 26 Nov 2009 00:36 GMT
    ... All is not well in Dubai, once a gleaming advertisement for ... rival, Qatar, Dubai does not have massive oil reserves on which to fall back now that the property ...

  • Dubai World Seeks to Delay Debt Payments as Default Risk Soars 26 Nov 2009 00:58 GMT
    ... Nov. 26 (Bloomberg) -- Dubai World, with $59 billion of ... and holder of the world’s sixth-largest crude oil reserves, in February for a $10 billion bailout. The central ...

  • North's firms wanted to help rebuild Iraq 26 Nov 2009 04:35 GMT
    ... BUSINESS | NEWS > North's firms wanted to help rebuild ... to around 18 per cent of Iraq's oil reserves. The area was decimated during the Iraqi war and ...

  • Oil hovers around $76 on weakened US dollar 26 Nov 2009 04:36 GMT
    ... FILE - In this Sept. 19, 2007 file photo, an oil ... reported a 1 million-barrel build in crude oil reserves from the previous week. Analysts expected crude stocks to ...

  • Dubai seeks debt delay 26 Nov 2009 06:52 GMT
    ... Dubai owner of V&A in debt standstill State-run Dubai ... build tourism as an alternative to dwindling oil reserves. ...

  • DGAP-News: Interim report for the quarter and nine months end... 26 Nov 2009 07:11 GMT
    ... DGAP-News : Interim report for the quarter and nine ... Kazakhstan. Alliance Oil has proved and probable oil reserves of 487 million barrels, oil production of approximately 43,300 ...

  • Energy investments grow in Iraq -- report 26 Nov 2009 09:38 GMT
    ... WASHINGTON, Nov. 25 (UPI) -- Foreign investments in ... an estimate 115 billion barrels of proven oil reserves, the third largest in the world. The country, however, ...

  • Oil rises above $76 amid weak demand, dollar drop 26 Nov 2009 01:59 GMT
    ... SINGAPORE - Oil prices rose above $76 a barrel today in ... demand also appears to be stagnant as oil supplies keep growing. Crude inventories jumped more than expected last ...

  • Clean Diesel cheers deal 26 Nov 2009 02:50 GMT
    ... Bridgeport-based Clean Diesel Technologies Inc. this week won a ... forward is a weakening economy and rising oil supplies. These factors could dampen the cost advantages that ...


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