MOSCOW (Bloomberg) -- Russian oil and telecommunications billionaire Vladimir Evtushenkov, who is under house arrest on charges of money laundering, offered to post bail of 300 million ruble.........
see more >>HOUSTON --- Tight oil production in the U.S. will surpass expectations and additional volumes from enhanced oil recovery (EOR) tactics could add as much as 1.5 to 3.0 MMbpd by 2030, accordin.........
see more >>NEW YORK (Bloomberg) -- The Rockefeller Brothers Fund, built with profits from Standard Oil Co., is selling investments in coal and tar sands producers in a move to pressure companies that a.........
see more >>IRVING, Texas (Bloomberg) -- Exxon Mobil Corp. said the U.S. government is giving the company more time to shut its Russian Arctic well beyond the deadline for sanctions aimed at halting the.........
see more >>SYDNEY -- AWE Limited, as operator of the L1/L2 JV, has announced initial Contingent Resource estimates for the Waitsia discovery (formerly Senecio Deep) in the north Perth basin, Australia..........
see more >>NEW YORK (Bloomberg) -- West Texas Intermediate crude fell from a two-week high after an Energy Information Administration report showed U.S. inventories rose the most in five months. Suppli.........
see more >>ALEXANDER WEBER and GRANT SMITH VIENNA, Austria (Bloomberg) -- OPEC may cut production next year, its Secretary-General Abdalla El-Badri said. The Organization of Petroleum Exporting Countri.........
see more >>HOUSTON -- Weatherford International has been awarded an exclusive contract with Statoil Petroleum AS valued at $400 million for the delivery of Tubular Running Services on 19 drilling units.........
see more >>HOUSTON (Bloomberg) -- Rigs targeting oil in the U.S. surged to a record as producers accelerated drilling in some of the nations biggest crude plays, from North Dakotas Bakken formation to .........
see more >>KUWAIT (Bloomberg) -- Saudi Arabia, the worlds biggest crude exporter, said OPEC doesnt need to meet on possible measures to check falling oil prices, according to the kingdoms oil minister .........
see more >>NEW YORK (Bloomberg) -- West Texas Intermediate oil fell to an eight-month low after U.S. crude stockpiles fell less than analysts projected in a government report. Brent dropped to the leas.........
see more >>LONDON (Bloomberg) -- Brent crude dropped to the lowest level in almost 17 months, narrowing its premium over West Texas Intermediate, on concern global supply growth will outpace demand. Th.........
see more >>BRISBANE, Queensland -- Linc Energy has commenced operations as part of its three well drilling program in the Arckaringa basin in South Australia. The three well locations have been selecte.........
see more >>BENGHAZI (Bloomberg) -- The group that controls Libyas largest oil port pledged to work with the government to keep crude flowing to international markets and defend oilfields against any ad.........
see more >>MOSCOW (Bloomberg) -- OAO Lukoil, Russias second-largest oil producer, has made a discovery at Ghanas offshore Cape Three points project, according to a person with direct knowledge of the d.........
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