HOUSTON Tx– Australian company Byron Energy Ltd. has begun drilling of the Bivouac Peak East’s first well, the Weiss-Adler et al No. 1 The Bivouac Peak...
STAVANGER, Norway – French energy group Total is not looking at investing in the U.S. shale oil industry, the company’s chief executive said on Monday. Patrick...
Yemie ADEOYE HOUSTON Tx-Weir Oil & Gas Dubai announced today it has signed multi-year contracts in Iraq with two international oil companies totaling more than $50...
HOUSTON Tx- Higher retail gasoline prices have translated into flat growth in demand in the U.S. this year, after several years of growth. U.S. traffic rose...
HOUSTON TX- Brazil announced a relaxing of local content rules for the Libra oil field, paving the way for $16 billion in investment, the government says....
HOUSTON Tx- PDVSA agreed to repay $2 billion to ConocoPhillips (NYSE: COP) to settle claims related to international arbitration decision from earlier this year. PDVSA has...
HOUSTON TX- According to Bloomberg and JPMorgan Chase, Saudi Arabia is set to see $65 billion in capital flee the country this year, or about 8.4...
HOUSTON Tx– IN order to get around U.S. sanctions, China is reportedly seeking to use oil tankers from Iran for its purchases. “Chinese buyers of Iranian...
HOUSTON TX- Total SA has walked away from the $5 billion South Pars gas project, but is having trouble unloading its stake. Total has essentially given...
Modupe ASUDO LAGOS-THE Multi million dollar floating Dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the...
