Petrolium Oil Alliance Inc. and its U.S. subsidiary PetrOil Inc., formerly CybeRecord, Inc., have entered into negotiations with the Islamic Republic of Mauritania in continuing its plans of expansion within the African Continent.
Wadah Richad Kilani President of Petrolium Oil Alliance Inc. and his corporate team of advisors attended high level meetings held on Nov 4th [...]

Ritchie Bros. Auctioneers gave equipment sellers easy access to the global marketplace last week, attracting bidders from around the world to seven unreserved industrial auctions in four countries - including the largest Spain auction in Company history. The three-day auction at the Company’s Moncofa, Spain auction site generated almost (euro)30 million (US$38 million) in gross [...]

Purvin & Gertz announces the 2009 release of a new study focusing on bunker and fuel oil markets: Residual Fuel Market Outlook: Impact of Bunker Quality Changes on Marine Fuels & Refining. This timely and comprehensive study is underway and will be completed by the second quarter of 2009. It will present an analysis of [...]

Petrolium Oil Alliance Inc. announced it has opened new offices for the company and its U.S. subsidiary PetrOil Inc. formerly CybeRecord, Inc., at King Fahad Road, Oroba Center Suite 4042, Riyadh, Kingdom of Saudi Arabia, Telephone: +966553020240. The action was taken as a result of a meeting held on November 1, 2008 at the Kingdom [...]

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted two, large unreserved auctions last week in Dubai, UAE and Los Angeles, California, generating gross auction proceeds of US$20 million and US$24 million, respectively. Close to half of the gross auction proceeds at the Los Angeles unreserved public auction (more than US$11 million or 49%) came [...]

King & Spalding, a leading international law firm, advised Enterprise Products Partners L.P., TEPPCO Partners, L.P., and Oiltanking Holding Americas, Inc., on their joint venture to build a new off-shore crude oil terminal in the Gulf of Mexico. The new partnership, known as the Texas Offshore Port System (”TOPS”), will provide refiners with greater flexibility [...]

Rowan Companies, Inc. has recently reported that the company has announced today that its wholly owned manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI), has entered into a contract with Weatherford Drilling International (BVI) Ltd. to construct four new 2000 horsepower land drilling rigs, at a total value of $74.4 million.
Construction is expected to start immediately with [...]

Rowan Companies, Inc. announced that its wholly owned manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI), has entered into a contract with Weatherford Drilling International (BVI) Ltd. to construct four new 2000 horsepower land drilling rigs, at a total value of $74.4 million.
Construction is expected to start immediately with delivery of the first land rig in the [...]

The program, which will be held in Dubai from 10 to 15 May 2008, is the first time it will be offered in the region.
The program uses current oil and gas industry examples to examine how management strategies and styles have changed as companies and workforces become more global and diverse.
With dramatic changes currently occurring [...]

The Thunderbird School of Global Management has partnered with the Center for Management & Professional Development, the community outreach arm of the University of Dubai to offer its Advanced Management Program for Oil & Gas in the Middle East. The program if offered for the first time in the region and will be held in [...]