Thursday, November 26, 2015 The number of contractors employed in Britain's oil and gas sector has fallen over the past year at the steepest rate since at least 2004, an annual industry survey carried out by a Scottish business association shows.
Thursday, November 26, 2015 PetroChina rises to a two-week high after announcing plans to sell pipeline stakes for as much as $2.4 billion as the nation?s biggest oil and gas producer seeks to meet year-end profit targets amid a drive to reform state-own enterprises.
Wednesday, November 25, 2015 US energy firms cut oil rigs for a 12th week in the last 13, data for the holiday-shortened week showed, a sign drillers were still waiting for higher prices before returning to the well pad.
Wednesday, November 25, 2015 Chancellor of the Exchequer George Osborne says little about supporting the UK's offshore oil and gas sector in his Autumn Statement but confirms a new GBP 1 billion shale gas wealth fund.
Wednesday, November 25, 2015 India's Minister for Petroleum & Natural Gas Dharmendra Pradhan urges the petroleum sector to capitalize on reduced industry costs to increase domestic oil and gas production.
Wednesday, November 25, 2015 After defending the interests of oil-exporting nations for 5 decades, OPEC has made a surprising choice with its newest member: a country that consumes about twice as much crude as it pumps.
Wednesday, November 25, 2015 The Philippines is set to import LNG for the first time next year as it bids to replace fast-fading local gas supplies, but cheap coal is blowing off course Manila's vow to lift the use of cleaner fuels.
Thursday, November 26, 2015 A consortium that includes Mexico's Sierra Oil & Gas plans in early 2017 to make its first exploratory drill in one of the fields it was awarded as part of a landmark energy reform, Sierra's chief executive officer says.
Thursday, November 26, 2015 CIMC Raffles holds a naming ceremony for North Sea Rig Holdings' newbuild North Dragon semisub at its Yantai Shipyard in China, while construction work continues on two other similar rigs.
Wednesday, November 25, 2015 Rosneft posts a net income of $5.3 billion in the nine month period ended September 30, which marks an 11.7% decrease from the $6 billion income registered during the same period last year.
Wednesday, November 25, 2015 China's biggest energy companies are seeking to unload assets and urging workers to cut costs in a last-minute rush to meet annual government-set growth targets as lower crude prices drag down earnings.