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Chrysaor has reached a deal to acquire ConocoPhillips’ oil and gas exploration and production assets in the UK for $2.675…
South Korean shipyard Hyundai Heavy Industries sells its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi…
Striking workers at Royal Dutch Shell's Pernis plant in the Netherlands have taken offline a thermal gasoil installation, a Dutch…
Russian shipping company Sovcomflot (SCF Group) said that the Arctic shuttle tanker Mikhail Ulyanov loaded the milestone 10-millionth tonne of…
Wednesday, 10 April 2019 03:48

Brazil Government to Pay Petrobras $9 Bln

The Brazilian government reached a landmark deal to pay state-controlled oil company Petróleo Brasileiro SA $9.058 billion for revising a…
Tuesday, 09 April 2019 05:26

Oil Slips from Five-Month High

Oil slipped from a five-month high above $71 a barrel on Tuesday as Russian comments signalling the possible easing of…
Monday, 08 April 2019 08:58

Oil Hits Five-month High

Oil prices rose to a five-month high on Monday, driven by expectations that global supplies would tighten due to fighting…
Friday, 05 April 2019 09:21

US Rig Count Climbs

U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks after…
The energy research and business intelligence company Rystad Energy expects that a short-lived price rally through the first half of…
Colombia's state-run oil company Ecopetrol has signed a joint contract with Spain's Repsol to operate an offshore block in the…