Monday, November 30, 2015 As ministers from the Organization of the Petroleum Exporting Countries meet in Vienna, some may wonder if the strategy of maintaining output to defend market share risks securing a Pyrrhic victory.
Monday, November 30, 2015 New wind turbines and solar panels worldwide will provide more energy over the next five years than U.S. shale-oil production has over the past five, according to Goldman Sachs Group Inc.
Monday, November 30, 2015 This was the year Petroleo Brasileiro SA investors got what they had sought for decades: a chief executive with a mission to streamline and an independent chairman. Now one of them is gone.
Monday, November 30, 2015 Iran is targeting about $30 billion in investment by offering 70 oil and natural gas projects to international companies as the Persian Gulf country anticipates the lifting of economic sanctions.
Monday, November 30, 2015 Oil bulls can say farewell to another quiet Atlantic hurricane season in the Gulf of Mexico, which ends without a storm-induced price rise to lift crude from its once-in-a-generation slump.
Monday, November 30, 2015 Crude oil falls, reversing an early rally after a survey estimated higher OPEC output in November, while a stronger dollar weighed on demand for commodities priced in the currency.
Friday, November 27, 2015 88 Energy Limited expects its drilling operations at the Icewine #1 exploration well, located onshore Alaska, to remain within budget despite delays related to equipment repair.
Friday, November 27, 2015 FAR Ltd, along with its joint venture partners, receives a presidential decree to extend a current Petroleum Sharing Contract (PSC) in Senegal by three years, starting from February 6, 2016.
Monday, November 30, 2015 Mexico's state-owned oil company Pemex has entered into a partnership with Global Water Development Partners that aims to invest $800 million in water treatment infrastructure projects, the Mexican company said.
Monday, November 30, 2015 Oil output from BP-led oilfields in Azerbaijan in the first three quarters of 2015 dipped compared with a year earlier, BP-Azerbaijan said, due to platform maintenance earlier this year.
Monday, November 30, 2015 Muhibbah Engineering reveals that Malaysia's offshore Ophir field wellhead platform engineering, procurement, construction, installation and commissioning contract is valued at around $21.7-$23.4 million.
Tuesday, December 01, 2015 Australia's Enhanced Oil and Gas Recovery re-negotiates a lower purchase price for Centre Energy Petroleum, operator of the Wailawi Oil & Gas Project in East Kalimantan, Indonesia.
Monday, November 30, 2015 Sterling Energy Mauritania Limited completes a deal to acquire a 13.5% working interest in the production sharing contract for Block C-10, offshore Mauritania, from Tullow Mauritania Limited.