OPEC announced Thursday it aims to get the oil price to USD 55 per barrel by cutting production Read More
A two-and-a-half-year legal battle ended Thursday when UK-based Cuadrilla Resources was given permission to hydraulically fracture for shale gas in… Read More
National Liberation Army (ELN) guerrillas have allegedly attacked Colombia’s Caño Limón-Coveñas pipeline, sources claimed late on Wednesday, marking the second… Read More
Oil was up on Wednesday upon news from the American Petroleum Institute that US crude inventories were down for the… Read More
Rosneft said on Wednesday that the company had reached an agreement with Indonesia’s Pertamina on setting up a joint venture… Read More
The Indian Cabinet has green-lit ONGC Videsh’s acquisition of an additional share in Rosneft’s Vankor field, the government said on… Read More
Nigeria’s federal government claims it has been underpaid by Shell Petroleum Development Company (SPDC) for crude sales in 2013 and… Read More
Privately held exploration and production company Caelus Energy announced a major shallow-water oil discovery offshore Alaska late on Tuesday. Read More
Abu Dhabi’s two offshore oil and gas companies will be restructured and combined under the umbrella of a new entity,… Read More
Indian Oil Corporation (IOC) has amended its expansion plan for the Panipat refinery, increasing capacity beyond its previously planned level,… Read More
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