American supermajor Chevron Corporation has agreed to acquire all of the outstanding shares of Noble Energy for a total...

South African domestic natural gas producer, Renergen, is set to host South Africa’s first-ever liquefied natural gas (LNG) auction,...

Italian multinational oilfield services company, Saipem, will restart drilling activities of the Scarabeo 8 in the Norwegian waters following the...

Minister of Petroleum and Mineral Resources Tarek El Molla told CNBC Arabia that the prices of oil per barrel...

Russia’s state-run Gazprom Neft has sold its first Arctic oil cargo to China to ChemChina, according to Reuters.  It...

The Petroleum Engineering and Development Company (PEDEC) has signed a deal with Petropars Company to complete the final stages...

Brazil has increased crude exports to Asia in the first half of the year as many oil-producing nations cut...

Engineering, procurement, construction, and installment (EPCI) company, Ezion Gerber Energy, has entered into a contract with Norwegian company, Connector Subsea...

Finish marine manufacturing company, Wärtsilä, has been contracted to deliver a complete bridge systems installation for five icebreaking liquefied...

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience....