Crude prices ticked up on Thursday morning after a power outage shutdown the UKs largest oil field. According to Reuters, production was halted at the Nexen operated Buzzard field after powe.........
see more >>Oil prices rose on Thursday after a power outage closed the UKs largest oilfield, restricting flows to the North Seas main oil stream that underpins the global benchmark Brent crude. Oil pri.........
see more >>Two gas tankers built by the Sinopacific Offshore and Engineering were named on Tuesday, and will soon be shipping shale gas to Europe from the United States, officials said. The ships will .........
see more >>Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has offered 2.1 million barrels of diesel for loading in late July, tender documents showed on Tuesday. The company has offere.........
see more >>Two Chinese companies that invested in Brazils deep-water oilfields two years ago are looking to increase their presence as state-run Petrobras sells assets to pay down debt, according to in.........
see more >>Oil prices bounced Thursday as a recovery in Chinese stocks boosted investor sentiment. China stocks staged a strong rally on Thursday, recovering from a steep drop in the past three weeks, .........
see more >>Northwestern Chinas Xinjiang Uygur autonomous region launched bidding on Tuesday for six oil and gas blocks to private enterprises, a move that may end the monopoly of State-owned enterprise.........
see more >>China National Offshore Oil Corporation (CNOOC) has taken delivery of Asias first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ships fuel, the company.........
see more >>An oversupply in the US oil market due to the rising rig count, led to supply exceeding the demand for crude oil. Also, the suspected stock market manipulation in the Chinese market had a be.........
see more >>Two Chinese companies that entered Brazils giant deep-water oilfields two years ago are now looking to increase their presence as state-run Petrobras sells assets to pay down debt, said two .........
see more >>Chinese Vice Premier Zhang Gaoli announced here Monday afternoon start of construction on the Chinese section of the China-Russia East Route natural gas pipeline. Zhang said the Chinese side.........
see more >>Saudi Arabia lost its spot last month as India`s top oil supplier to Nigeria for the first time in at least four years, according to ship tracking data compiled by Reuters, as the world`s to.........
see more >>Chinas price watchdog on Tuesday opted against adjusting gasoline and diesel guide prices in the domestic market as global prices have remained relatively calm recently. Under an oil pricing.........
see more >>BP Plcs $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia. Taas-Yuriakh Neftegazodobycha LLCs blocks near Chinas northern border will supply the.........
see more >>The head of Rosneft says that the Russian company is working with Chinas petroleum and chemical corporation Sinopec on the issue of mutual payments in national currencies. Russias oil giant .........
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