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Oil prices rose on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about…
Global oil refining capacity is set to increase at its fastest pace on record this year, possibly boosting stocks of…
Wednesday, 16 January 2019 03:19

Oil Majors Join Blockchain Platform

Oil majors Chevron and Total, along with major Indian refiner Reliance Industries, have joined the blockchain-based platform Vakt, London-based Vakt…
Wednesday, 16 January 2019 03:08

Exxon to Be Indonesia's Top Oil Producer

Exxon Mobil Corp unit Exxon Mobil Cepu Limited is expected to produce 216,000 barrels per day of crude oil in…
Regulators in the U.S. state of Alaska will investigate all of the oil and natural gas wells operated by BP…
Norway's Supreme Court began hearing arguments on Tuesday on whether EU ships can fish for snow crab off Arctic islands…
Norway awarded a record 83 blocks to explore for petroleum resources in mature areas of the Norwegian continental shelf, in…
Monday, 14 January 2019 03:19

Oil Prices Edge Up

Oil prices edged up on Monday, supported by ongoing supply cuts from producer club OPEC and Russia and by a…
Monday, 14 January 2019 03:04

Premier Oil Eyes North Sea Deals

Britain's Premier Oil Plc said on Monday it was looking to buy U.K. North Sea assets, after the Sunday Times…
Saudi Arabia's Energy Minister Khalid al-Falih said that oil demand remains strong and that he sees no impact from U.S.-China…
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