At this point, there are much more pressing threats to the pipeline’s continued functioning. A long simmering dispute between Georgia and Russia over the disputed South Ossetia region erupted into war. Reports on Monday morning confirmed that Russian forces had pressed along the Greater Liakhvi River, beginning to enter the city of Gori.
Continue reading "Benchmark: August 11"
Monday, August 11, 2008
Brazilian company Petrobras Singapore Private Limited was awarded a three month term contract to supply the Ceypetco with fuel oil. For full story, click here
Continue reading "Petrobras Singapore awarded contract in Sri Lanka"
Sunday, August 10, 2008
China’s Andes Petroleum has agreed to modify its drilling and exploration contract with Equador. For full news, click here
Continue reading "Andes Petroleum to modify contract with Ecuador"
Sunday, August 10, 2008
Ecuador’s oil minister reported that Brazil’s state-run oil company Petrobras has agreed to renegotiate a 21-year drilling and exploration contract in Equador. For full news, click here
Continue reading "Petrobras to renegotiate Equador contract"
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Tuesday, August 12, 2008