ABERDEEN, United Kingdom -- GE Oil Gas has been awarded a four-year framework agreement to provide wellhead equipment and associated services to Statoil with the option of two, two-year exte.........
see more >>NEW YORK (Bloomberg) -- Shale oil producers already awash in a supply glut face added crude as early as next year after an agreement to ease sanctions on Iran cleared a Senate obstacle. A Se.........
see more >>NEW YORK (Bloomberg) -- A funding squeeze threatens to cut U.S. oil output by as much as half a million barrels a day by the end of the year, with shale producers among the worst affected, C.........
see more >>TEL AVIV, Israel (Bloomberg) -- Israels parliament on Monday approved a framework to regulate its natural gas industry, eight days after the discovery of a field in Egyptian waters damped ex.........
see more >>LONDON(Bloomberg)--OildeclinedforaseconddayafteranotherRussianofficialruledoutcooperationonproductioncutswithOPEC,addingtosignsthataglobaloversupplywillpersist. Brentlostasmuchas4.3%inLondon.........
see more >>NEW YORK (Bloomberg Politics) -- As Americans preparing for Labor Day weekend trips enjoy low gas prices, they might not fail to appreciate another effect of the plummeting price of oil. It .........
see more >>STAVANGER, Norway -- Statoil Petroleum AS, operator of production licence 104, has concluded the drilling of wildcat well 30/9-27 S. The well was drilled around 7 km west of the Oseberg Sr-f.........
see more >>DUBAI (Bloomberg) -- Oman may start importing to meet surging domestic energy demand, according to two people with knowledge of the matter, a shift in trade that would make it the fourth Ara.........
see more >>CALEV BEN-DAVID and SHOSHANNA SOLOMON TEL AVIV (Bloomberg) -- Israel moved one step closer to selling stakes worth billions of dollars in its offshore natural gas fields after the Cabinet ap.........
see more >>PARIS -- The emergence of shale technology, particularly in the U.S., is dramatically challenging the conventional rules of the global oil markets, according to Olivier Appert, president of .........
see more >>LONDON -- The Oil Gas Authority (OGA) announced today that 27 onshore blocks from the 14th Onshore Oil and Gas Licensing Round will be formally offered to companies. A second group of 132 fu.........
see more >>JEREMY VAN LOON CALGARY (Bloomberg) -- Albertas energy regulator restricted applications by oil and natural gas operators to withdraw water from the Athabasca River amid dry conditions in th.........
see more >>Crude prices slid on Thursday as early optimism gave way under the weight of a climbing U.S. dollar and a persistent global overhang of physical oil. The greenback rose on Thursday afternoon.........
see more >>It bought two cargoes of Basrah Light crude oil from Iraq over the last two months to half fill the Visakhapatnam underground cavern that can hold as much as 9.75 million barrels of oil, Ind.........
see more >>Shaanxi Yanchang Petroleum Group Co Ltd plans to build 100 gas stations in Shaanxi province this year. The fourth largest oil company in China will expand its sales network in the province i.........
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