ExxonMobil will pay out $12million to Montana and the US government as part of its oil spill settlement.
Foreign firms involved in Venezuelan oil ventures have threatened to challenge state-run PDVSA’s award of drilling contracts worth $3.2billion, a news report said, citing several unidentified sources.
The partial shutdown of a major pipeline has disrupted gas supplies to America’s south-east states, pushing prices up in the region, a new report said.
Former president Luiz Inacio Lula da Silva must stand trial on charges of money laundering and corruption, a Brazilian judge has ruled.
Shell has made plans to move the bulk of its staff out of its historic Houston base.
Brazil’s main oil workers union is meeting Monday and doesn’t rule out a strike as it battles with state-controlled Petroleo Brasileiro SA for more compensation, union leader Jose Maria Rangel said in an interview.
Andes Energia has appointed Sir Michael Rake as its latest non-executive director.
Andes Energia posted a successful first half of the year, increasing daily production and turnover.
Global Energy Development posted a robust financial rap-sheet for the first half of the year.
A woman has died after being hit by the water from a fire hose offshore Brazil.
National Oilwell Varco (NOV) has confirmed it will cut more Houston jobs as it switches locations.
Pantheon Resources has successfully launched its third drilling campaign in East Texas.
Anadarko Petroleum Corp. agreed to buy Gulf of Mexico oil assets from Freeport-McMoRan Inc. for $2 billion and said it will use revenue generated by the offshore wells to develop its U.S. oilfields on land.
A Marathon Petroleum contractor has died after a section of scaffolding collapsed at the company’s Galveston Bay Refinery in Texas.
Petrobras’s oil and gas output slipped 1.42% in August following the sale of assets in South American neighbour Argentina, a news report said.
The Baker Hughes rig count posted another week of growth.
There’s a terminal on Louisiana’s coastline that seemingly everyone in the U.S. natural gas market is watching closely.
US Marshals have detained a Shell-charted tanker.
Energy adviser to Donald Trump, CEO of Continental Resources, Harold Hamm has history with OPEC.
The Obama administration halted work on a stretch of land where Energy Transfer Partners LP is building its controversial Dakota Access oil pipeline, a move that could threaten to thrust the fate of the project into the hands of the next president.
Ecuador, Opec's smallest member, has started drilling for oil near a nature reserve in the Amazon rainforest, a news report said yesterday.
Energy customers will see their bills increase over the next three years, as the National Grid pumps $3billlion in to modernize infrastructure.
The Us rig count was up eight week-on-week to 497, according to the latest figures from Baker Hughes.
88 Energy has finalised its well design for its Project Icewine, located on the North Slope of Alaska.
Pantheon has abandoned plans to horizontally drill its second Polk County well after harsh sandstone continued to chew-up equipment.