US independent Marathon Oil on Monday announced its decision to buy PayRock Energy Holdings, an acreage holder in Oklahoma’s Anadarko… Read More
BP on Monday announced a final investment decision on phase one of Atoll gas development project in Egypt, where it… Read More
Shell’s unconventional business is to become one of the company’s main pillars of future growth plans, a senior executive said… Read More
Qatar will post its first fiscal deficit in 15 years in 2016, a report the Ministry of Development Planning and… Read More
Clashes over the weekend near key Libyan oil facilities left at least three people dead and 10 wounded, casting doubts… Read More
Indonesia’s Pertamina will press on with its refining capacity expansion programme with two new facilities, the company’s vice-president for communications… Read More
Rosneft and BP, a 19.75% shareholder in the majority government-owned company, will create a dedicated joint venture for exploration work… Read More
Crude oil prices were up in the early hours on Friday as market pressure from a possible British exit from… Read More
China Petroleum & Chemical Corporation, better known as Sinopec, has served a USD 5.5-billion arbitration notice against Repsol, the latter… Read More
Lukoil President Vagit Alekperov in an interview on Thursday said the company might sell off its European refineries. He also… Read More
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