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Gaetano Holdings Confirms Komi Oil 4.4 Bn Barrels Reserve

LONDON, Dec. 8 (Korea Bizwire) — CEO of Gaetano Holdings Ltd (London), Excellency Youness Fathi, is pleased to announce that Geological Experts report showing Komi Oil (Komi Republic, Russia) has a 4.4 Billion Barrels Resource. Oil fields (South-Zverinetsky & Zverinetsky-2) are the closest to the fast growing Asian-Pacific region markets. A photo accompanying this announcement [...]

S. Korean Firm Secures Stake in Abu Dhabi Oil Concession

SEOUL, May 13 (Korea Bizwire) – South Korean energy firm GS Energy Corp. said Wednesday it has won a 3 percent stake in an oil concession in the United Arab Emirates, joining major players from Japan and France to pump oil from the largest oil field in the Middle East country over the next four decades. [...]