News

Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades...

Russia may consider allowing Chinese investors more than 50 percent stakes in its strategic oil and gas fields, an official...

Angola plans to increase its oil production by 20 percent by next year after suffering a “very difficult” 2014 as...

In a bid to enhance energy security, India is setting up Strategic Crude Oil Reserves of 5.33 Million Metric Tonnes...

Gas giant Gazprom’s oil arm is shifting its trading operations from Austria back to Russia, it said, with industry sources...

Becht Engineering Co., Inc., has announced that it has acquired The CECON Group, Inc. Terms of the transaction were not...

European shale gas firm San Leon Energy has made its first commercial gas discovery in Poland. Rawicz-12, an appraisal well...

Europa Oil & Gas has started drilling at the Kiln Lane-1 exploration well in northeast Lincolnshire, the UK. The well,...

Japanese oil firm Inpex has secured approval from Australia's Northern Territory Government to explore the onshore Beetaloo Basin. The acreage...

Jacobs Engineering Group has secured an engineering services agreement from ConocoPhillips to support the sustaining capital programme for the Australia...