Monday, July 25, 2016 Two of Libya's biggest oil ports may not re-open soon as the hardening positions of rival factions pose a fresh challenge to international efforts to reunite the country and restore its crude exports.
Monday, July 25, 2016 A planned walkout by around 400 Wood Group oil and gas maintenance workers employed at Shell's North Sea platforms on Tuesday is not expected to interrupt production from the facilities, operator Shell says.
Friday, July 22, 2016 Schlumberger, the world's No. 1 oilfield services provider, says it expects a "significant global supply deficit" of crude oil, given the sharp decline in spending on exploration and production.
Friday, July 22, 2016 The FPF-1 floating production facility, which is destined for the Stella field in the central North Sea, has left the Gdansk shipyard and is now undertaking final marine system trials.
Wednesday, July 27, 2016 China National Petroleum Corp. (CNPC) will cut its annual investment between 2016 and 2020 to about $39 billion, down around 40 percent from the 2011-2015 period, state media says.
Tuesday, July 26, 2016 InterOil founder and former CEO Phil Mulacek callS on US and Canadian regulators to investigate his claims that several directors may have engaged in insider trading during talks with Exxon Mobil.
Tuesday, July 26, 2016 Pilipinas Shell Petroleum Corporation files for an initial public offering of its shares that may raise as much as $629 million in one of the Philippines' largest stock market listings.
Wednesday, July 27, 2016 McDermott inks a memorandum of understanding (MOU) to jointly pursue offshore engineering, procurement, construction and installation (EPCI) projects offshore Qatar with Nakilat-Keppel Offshore Marine (N-KOM).
Tuesday, July 26, 2016 An oil spill into a major Canadian river from a Husky Energy pipeline started last Wednesday evening and crews did not arrive on site until the following morning, the company says.
Tuesday, July 26, 2016 BP will forge ahead with at least three more new projects this year, its CEO says, despite reporting a 45 percent drop in second-quarter earnings that prompted a cut in its 2016 investment budget to below $17 billion.
Tuesday, July 26, 2016 InterOil's founder and third-largest investor says ExxonMobil's $3.6 billion offer for the South Pacific natural gas driller is "vastly inadequate" and he urged ExxonMobil to sweeten the offer.
Tuesday, July 26, 2016 New York state's attorney general on Tuesday says his office won't comply with a subpoena issued by US congressmen for details on its probe of whether Exxon Mobil misled investors on climate change risks.
Tuesday, July 26, 2016 US Secretary of State John Kerry says he supported the resumption of bilateral talks between China and the Philippines over the South China Sea, following a ruling against Beijing over the dispute earlier this month.