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New Russo-Vietnamese JV To Start Oil Production By 2011 (Nasdaq)

MOSCOW -(Dow Jones)- A new consortium between Vietnam's PetroVietnam and Russia's OAO Zarubezhneft - two state-owned oil companies - will start oil production in Russia in 2011 and targets reaching a maximum daily crude output of around 130,000 barrels, the Russian company said Friday.

Opening Glance: Media companies decline (AP via Yahoo! Finance)

Most major media companies' shares fell Thursday morning after the government reported a larger-than-expected drop in industrial production for April.

Sixth Annual Louisiana Energy Conference to Highlight 16 Energy Producers and Oil Field Service Companies (Centre Daily Times)

The Sixth Annual Louisiana Energy Conference will be held in New Orleans at the Windsor Court Hotel on Wednesday and Thursday, May 21st and 22nd, 2008. This energy investment conference will highlight ten exploration and production companies: Callon Petroleum Co. (NYSE:CPE); Energy Partners, Ltd. (NYSE:EPL); Energy XXI, Ltd. (NasdaqCM:EXXI); Mariner Energy, Inc. (NYSE:ME); The Meridian Resource ...

Taiwanese and Vietnamese companies promote co-operation in fertiliser production and real estate (Nhân Dân)

Nhan Dan – The Vietnam General Corporation of Agricultural Materials (VIGECAM), an enterprise under the Ministry of Agriculture and Rural Development and Taiwan’s Concord Venture Fund signed an agreement on strategic co-operation in Hanoi on May 15.

UAE increasing oil production (World Tribune)

The International Energy Agency reported that UAE crude oil production increased by 4.33 percent over the last month. IEA said UAE output reached 2.65 million barrels per day in April 2008. In March, UAE production was reported at 2.54 million barrels per day.