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Friday, 16 May 2008 |
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South Korean prosecutors raided state- run Korea National Oil Corporation
today on allegations of rebate fraud in foreign oil field projects, South
Korea's Yonhap News Agency reported.
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Friday, 16 May 2008 |
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As previously reported by PetrolWorld, EU competition regulators opened
an in-depth investigation this week into Norwegian oil firm StatoilHydro's bid for Jet petrol stations in Scandinavia, citing "serious" concerns amid rising fuel prices.
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Friday, 16 May 2008 |
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Mr Tomislav Dragicevic, CEO of Nafte Industrija of Croatia said this week that the company aims to produce fuel for the European Union in 2009.
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Friday, 16 May 2008 |
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Continuing with its strategy of establishing value-added relationships
with other Industry experts in the African fuel and oil industry, Stowe
has announced the formal conclusion of a Distributorship Agreement with
Postec Data systems of New Zealand
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Friday, 16 May 2008 |
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At least 100 people have been killed and 40 others were injured in fire
and stampede resulting from an explosion of a petroleum products
pipeline at a residential area of Nigeria's business capital in the
south-west Lagos, media reports quoting the local Red Cross
said.
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