News

Statoil has agreed to sell several of its Norwegian oil and gas assets to Wintershall for $1.3bn.   The company...

The price of Brent crude oil traded below $97 per barrel on Monday amid weak Chinese economic data.   Reuters...

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...