LONDON-Royal Dutch Shell will cut around 250 jobs at its onshore North Sea oil operations in Aberdeen, Scotland as part of a business restructuring, a spokesman...
U.S.-headquartered independent oil firm Hess Corp. has taken the decision to suspend its operations in Iraqi Kurdistan as a precautionary measure amid the worsening security in...
Exxon Mobil Corp. and its Russian partner Rosneft OAO reported at the weekend that they have begun exploration drilling in the Kara Sea in the Russian...
An oil company owned by Israeli billionaire Dan Gertler said has said it had discovered around 3 billion barrels of oil in the Democratic Republic of Congo, an...
Ukraine threatened to block Russian oil and gas supplies to Europe in new sanctions against Vladimir Putin’s government, which it blames for a separatist uprising...
OSLO-Norwegian energy firm Statoil awarded Schlumberger a 1.15 billion crown ($185 million) two-year contract to provide integrated drilling services for several major fields on the Norwegian...
LONDON-OPEC trimmed its 2014 global oil demand growth forecast for a second consecutive month and said the group managed to increase output in July despite violence...
LAGOS, NIGERIA– Forte Oil PLC (formerly AP PLC) Nigeria’s foremost energy group, today announced its audited results for the six months period ended 30 June, 2014...
Ibeno, Akwa Ibom State- Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC)/MPN joint venture (JV),have announced that it has received formal approval...
NEW YORK – Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted...
