Brazil's state-run oil company Petroleo Brasileiro SA was forced to stop oil and natural gas output at its P-40 offshore platform after a gas leak, the country's petroleum regulator ANP said in a statement on Monday.
Some of the world's most powerful oil executives will attend Russia's top investment show next week, once again helping the organizers shrug off a meager turnout from other leading Western industrialists and bankers.
Austria's state oil and gas oil and gas company OMV wants to build a pipeline to bring Russian natural gas to Europe which would bypass Ukraine, local media reported Saturday.
The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
Europe will soon be forced to speak with Russia not only on the Turkish Stream issue, but also in regard to increased volume of gas deliveries, Gazprom Deputy Chairman Alexander Medvedev said Tuesday.
Delek Drilling and Avner Oil Exploration have responded to reports in an Israeli newspaper concerning assessment of the resources in the deepwater Leviathan gas/condensate field
Cyprus announced on Sunday that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four years of energy exploration.