Big Oil’s investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback. They’re willing...
Big Oil’s investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback. They’re willing...
NICOSIA, Cyprus: Eni will proceed with more exploratory drilling south of Cyprus over the next 20 months, affirming a "strong engagement and commitment"...
LONDON: Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production...
TUNIS: Libya's National Oil Corporation (NOC) is considering using a chemical marking system to help trace oil products smuggled out of the country,...
Berlin: German Chancellor Angela Merkel said Tuesday that plans for a controversial second underwater pipeline to bring gas from Russia could not go...
Shanghai: China launched yuan-denominated oil futures contracts on Monday, marking the first time foreign investors will have access to Chinese commodity futures as...
BUENOS AIRES: Oil majors are evaluating bids for offshore exploration rights in Argentina, a major change in a country that sent Spanish energy...
Washington: President Donald Trump's plans to allow offshore oil drilling along virtually the entire US coastline threaten millions of jobs and billions in...
CAIRO: BP is looking to invest over $1 billion in Egypt this year, making the country once again a top destination for investment,...
Beirut: Lebanon Friday signed its first contract to drill for oil and gas off its coast with a consortium comprising energy giants Total,...
PARIS: Iran aims to raise its crude output capacity to 4.7 million barrels per day within the next four years, deputy Oil Minister...
SACRAMENTO, Calif.: California will block the transport of petroleum from new offshore oil rigs through its state, officials told Reuters, a move meant...
A U.S.-backed initiative to build an undersea natural gas pipeline between Israel and Turkey looks increasingly troubled as Turkish President Recep Tayyip Erdogan...
CALGARY, Alberta: The revolution in U.S. shale oil has battered Canada's energy industry in recent years, ending two decades of rapid expansion and...
LONDON: Tehran is ready to file a case with the International Court of Arbitration (ICA) over the quality and price of gas it...
Baghdad: Iraq will on Monday sign a memorandum of understanding with American energy company Orion to tap gas at an oil field in...
SINGAPORE: An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations...
HOUSTON: Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record...
