LONDON/OSLO: Oil majors including Statoil, Shell and Chevron are experimenting with various technologies, from drones and drill design to data management, to drive...
LONDON/OSLO: Oil majors including Statoil, Shell and Chevron are experimenting with various technologies, from drones and drill design to data management, to drive...
DUBAI: Iran will begin taking applications on Monday for an unspecified number of energy projects, the oil ministry's news agency SHANA reported on ...
LONDON: Oil climbed further above $52 a barrel on Friday, supported by a drop in U.S. fuel inventories, though gains were kept in...
Istanbul: Key OPEC ministers were meeting Wednesday with their counterpart from non-cartel member Russia in a bid to better coordinate policy to bolster...
New York: Oil prices jumped as much as 3%, with Brent hitting a one-year high, after Russia said it was ready to join...
Istanbul: President Vladimir Putin on Monday said that non-OPEC member Russia was ready to join measures to limit oil production, saying that this...
LONDON: Oil eased off four-month highs on Monday as doubts over oil producers reaching a meaningful output cut deal brought some speculators to...
DUBAI/MUSCAT: Oman Oil Company Exploration & Production (OOCEP) has appointed Sumitomo Mitsui Banking Corp as financial advisor to arrange a loan which is...
ALGIERS: OPEC could cut production at its November meeting in Vienna by another one percent more than the amount agreed in Algiers last...
LONDON: Oil rose towards $52 a barrel on Wednesday, hitting its highest since June, supported by an industry report that U.S. inventories probably...
Singapore: Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but...
DUBAI: Hungary has struck a deal to buy one million barrels of crude oil from Iran, director for international affairs at the National...
ALGIERS: For years, debates in the OPEC conference room were dominated by clashes between top producer Saudi Arabia and arch-rival Iran. But as...
London: Britain's oil and gas production has risen for the first time in 15 years on cheaper extraction costs, an industry body said...
ALGIERS: Saudi Arabia on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within...
Singapore: Oil prices edged down in Asia Tuesday amid continued speculation about whether producers will agree to restrict output at talks in Algeria...
London: Oil prices jumped around 3.0 percent in value Monday as the dollar weakened before a meeting of crude producing nations in Algeria...
LONDON: Oil rallied on Monday as the world’s largest producers gathered in Algeria to discuss ways to support the market, with nervous trade...
