Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth more than US$350 million...

Oil rebounded above 70 dollars per barrel on Wednesday, after sharp losses the previous day, as traders awaited the...

Exxon Mobil Corp. said it is beginning to drill the first of three deepwater exploration wells off the coast...

Chevron Corporation announces that its subsidiary Chevron Brasil Upstream Frade Ltda. has commenced crude oil production from the Frade...

Apache Corporation said that its Forties Charlie 6-3 well commenced production at a rate of 10,500 barrels of oil...

Oil rose above $68 a barrel on Tuesday, reversing earlier losses, supported by a weaker dollar and ahead of...

Russian gas giant Gazprom expects to export 60 billion cubic metres to Europe in the first half of the...

Island Oil & Gas Plc, announces that its wholly owned subsidiary Island International Exploration Morocco (“IIEM”) has signed with...

Iraq has started crude oil production from a giant oil field in southern Iraq for the first time, in...

Blom has signed a contract with Italian Saipem for laser scanning and aerial photography of a large area in...