Friday, May 01, 2015 The clock kept ticking in April on a suspension of North Dakota's oil extraction tax after a state-calculated average of the month's crude price fell below $52.59 per barrel for a fourth straight month.
Friday, May 01, 2015 At a time when many operators are slowing down, activity in the Gulf of Mexico is moving full steam ahead, seemingly unfazed by a saturated oil market and poised to keep producing.
Friday, May 01, 2015 Enegi Oil subsidiary ABTOG signs up Apollo Offshore Engineering as a partner to build technical solutions for developing marginal fields, but Wood Group PSN decides not to join the venture.
Thursday, April 30, 2015 Indonesia's oil and gas revenues are expected to drop by at least a third this year as a fall in production costs fails to keep pace with plunging oil prices and threatens to limit future output.
Wednesday, April 22, 2015 YPF wants to issue a new 10-year bond which it could price close to 8.75%, banking sources told Thomson Reuters publication IFR, a day after a sovereign bond auction met with strong demand.
Friday, May 01, 2015 Saudi Arabia is restructuring the world's biggest energy company, Saudi Aramco, in a move apparently aimed at letting it operate more at arm's length from the powerful oil ministry.