Friday, February 05, 2016 Oil prices end the week lower in choppy trading, snapping two weeks of gains, as speculation about possible deal between top oil producers clash with concerns about a growing supply glut.
Friday, February 05, 2016 Workers at Ivory Coast's state oil company Petroci extend strike,. seeking to bring in employees from other companies to join their protest against layoffs, union officials say.
Monday, February 08, 2016 Qatar Petroleum reaches an agreement with Chevron Morocco Exploration to acquire a 30% participating interest from Chevron's 75% share in three deepwater offshore leases located in Morocco.
Thursday, February 04, 2016 Armour Energy commences legal proceedings in Queensland's Supreme Court after American Energy Partners's affiliate AEGP Australia failed to complete the farm-in to its Northern Territory tenements in Australia.
Tuesday, February 02, 2016 The International Monetary Fund says it stands ready to help sub-Saharan Africa's oil exporters cope with plunging crude prices and growing fiscal pressures but has not received any new funding requests from the region.
Tuesday, February 02, 2016 Oil producers in West Texas, defying expectations they would fall victim to OPEC?s price war, are instead selling investors on the idea that they can still profit with prices below $35 a barrel.
Monday, February 08, 2016 General Electric Co. is expanding its focus on offshore drilling rig safety with a new business that will take over handling of massive underwater equipment designed to prevent well blowouts and oil spills.