Adel Abdul Mahdi, Iraqi Oil Minister said members of OPEC are engaged in an internal price war as they seek...
Brent crude futures fell below $86 a barrel as a firmer dollar and a well-supplied oil market combined to put...
Karoon Gas Australia is trying to sell a stake in its Brazilian offshore oil-exploration blocks as it plans to start...
Christophe de Margerie died on October 20, 2014 just after his private plane crash at Vnukovo Airport in Moscow, following...
Ghana has grossed about $104 million from crude oil exports for the third quarter of 2014. The monies were earned...
French oil major Total has appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive...
Asian consumers are benefiting from a wider choice of suppliers offering cheaper crude from Venezuela to Alaska and Nigeria, as...
Venezuelan state oil company PDVSA plans to invest $20 billion to expand its domestic refining capacity by 20 percent, a...
Royal Dutch Shell has signed sales agreements for all the Nigerian oil assets it put up for sale following a...
Russia, Ukraine and the European Union failed to strike a deal that would guarantee Russian gas supplies through the coming...
Lithuania will be able to survive without Russian gas after its liquefied natural gas (LNG) terminal starts up soon, redrawing...
Russia’s Gazprom has increased its investment programme for this year by $25 billion. The Kremlin-controlled company has been criticised by...
Malaysia’s Yinson Holdings Berhad (Yinson, the Group) reported that its FPSO (floating production, storage and offloading) vessel, Knock Adoon has...
Kazakhstan expects annual oil output to reach as high as 100 million tonnes after 2020 when the giant Kashagan oilfield...
Nigeria’s efforts to prop up its currency months before presidential elections are being undone by the slide in oil prices,...