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Sunday, 16 December 2018 14:38

Qatar Buys Eni's Mexican Oil Stakes

Qatar Petroleum (QP) signed an agreement with Italy’s Eni SpA to acquire a 35% stake in three offshore oil Fields…
Friday, 14 December 2018 07:52

Oil Slips 2 Percent

Oil prices dropped about 2 percent on Friday, weighed down by a falling U.S. stock market, while weak economic data…
Friday, 14 December 2018 07:36

US Oil Drillers Cut Rigs

U.S. energy firms cut oil rigs for a second week in a row this week, prolonging a move by drillers…
Oil prices dropped more than one percent on Friday, weighed down by a falling U.S. stock market, while weak economic…
The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the…
North Sea Brent crude oil fell below $60 a barrel on Thursday, under pressure from high global inventories and a…
Thursday, 13 December 2018 03:16

Nigeria Sues Shell, Eni Over Oil Deal

Lawyers for the Nigerian government said they had filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in…
U.S. crude oil stockpiles last week fell less than expected, while gasoline inventories increased and distillates stocks fell, the Energy…
Oil futures rose on Tuesday with the help of an increase in global stock markets, an outage reducing Libyan crude…
UK-based independent full-cycle oil and gas company confirmed that Indico-1 well in Colombia reached target depth of 10,604 feet and…