Oil Jumps, Fueled By U.S., Russian News

Wednesday, August 04, 1999
Oil prices raced higher yet again on Wednesday, prompted by a report for the U.S. DOE which notes a fall in U.S. gasoline stockpiles and by news from Russia that it intended to slash exports of refined products. Brent crude for September was trading at $19.90 a barrel.

Offshore

Are We on the Crest of an Offshore Wind Wave?

This time last year, when we were preparing to host ABN AMRO’s inaugural international seminar on offshore wind the imminent Borssele offshore wind tender in the Netherlands was a hot topic.

Brazil May Open Petrobras Subsalt Area to Other Companies

Brazil may allow companies besides Petrobras to bid for the right to produce extra oil from areas it sold to the state-led oil company in 2010, the head of the

Vallianz Rejects Payment Request from Swiber Managers

Vallianz Holdings, which provides support vessels for the oil industry, said on Wednesday it had refused a request from the judicial managers of shareholder Swiber Holdings to pay around $63.

 
 
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