News

Fox Petroleum has unveiled its plans to construct a floating storage regasification unit (FSRU) liquefied natural gas (LNG) terminal in...

The price of Brent crude traded at just below $98 a barrel on Tuesday, recovering from its decline to a...

Mitsubishi has agreed to acquire a 20% ownership interest in an offshore oilfield offshore Ivory Coast from Anadarko Petroleum.  ...

The price of Brent crude oil has steadied at $99 per barrel on Wednesday on expectations that the Organization of...

India-based ONGC Videsh has agreed to participate in the exploration of oil and gas offshore Vietnam.   ONGC Videsh signed...

Netherlands-based SBM Offshore has secured a contract to work with Noble Energy in the US Gulf of Mexico (GoM) at...

GE Oil & Gas has secured a subsea equipment contract worth more than $300m from Brazilian energy firm Petrobras.  ...

The price of Brent crude slipped towards $98 per barrel today on concerns of a faster hike in US interest...

Eni has made the tenth commercial oil discovery at the deepwater Ochigufu exploration prospect in Block 15/06 offshore Angola. The...

The price of Brent crude dropped towards $97 a barrel today despite talks of lower output from the Organization of...