Colombia’s Ecopetrol, struggling with lower sales and production, on Tuesday announced a 65% year-on-year drop in net profit for the… Read More
Russia’s minister of economic development, Alexei Ulyukayev, was apprehended on Tuesday morning for allegedly having extorted a bribe from Rosneft,… Read More
Mexico's National Hydrocarbons Commission (CNH) will put 14 onshore licences up for bid, the regulator said on Monday. The awards… Read More
Crude futures inched up in early trading on Monday, with Brent reaching USD 44 Read More
Iranian President Hassan Rouhani has commended the country’s oil and gas industry on ramping up production post-sanctions. Read More
Data released by China’s statistics bureau on Monday revealed an 11.3% year-on-year drop in domestic crude production for October, with… Read More
OPEC’s oil production jumped in October, the organisation reported on Friday, projecting a higher-than-expected surplus next year and sending jitters… Read More
Rosneft on Friday reported a 77% year-on-year drop in profit to some USD 397 million, citing the continuation of difficult… Read More
Shell is planning to invest USD 10 billion in Brazil over the next five years, the company told journalists on… Read More
Nigeria’s Federal Ministry of Petroleum Resources hopes to attract private investors in an effort to increase domestic output, it said… Read More
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