News

Statoil ASA has entered into an agreement with Lundin Petroleum AB (Lundin Petroleum) to divest its entire 15 percent interest...

Shell has completed the sale of Dansk Fuels in Denmark to Couche-Tard for approximately $300 million including working capital. Dansk...

GE Oil & Gas and SapuraKencana Well Services today signed a Memorandum of Understanding (MoU) announcing an Asia-Pacific wide agreement...

ZUG, Switzerland -- Transocean Ltd. announced today that Shell has elected to terminate the contract for the harsh environment semisubmersible...

Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries have won strong support from repeat customers by securing...

Vermilion Energy said Wednesday that natural gas had started to flow at the company’s Corrib gas project in Ireland. Production...

Wintershall and Energy company Gas y Petróleo del Neuquén have signed an agreement under which Wintershall will increase its interest...

Bankruptcies among oil and gas companies have reached quarterly levels last seen in the Great Recession , according to the...

NuStar Energy and ConocoPhillips said that they are loading what they believe to be the nation's first export cargo of...

China Petrochemical Corp., China’s second- biggest oil and gas producer, plans to double annual shale gas production capacity at its...