Offshore oil driller Seadrill plans to resume dividend payments when the market begins to improve, Chief Financial Officer Rune Magnus Lundetrae said.
Chile's sprawling mining industry, responsible for around a third of global copper output, is set to nearly double its electricity use by 2025 as multibillion-dollar investments come to fruition,
By now, everyone is aware of the serious threat rising shale output from the United States poses to OPEC.
But sluggish demand growth in response to the quadrupling
Russia has yet to agree a price with Turkey over its planned increase in gas supplies to the country, officials said on Wednesday, as Moscow tries to diversify
U.S. crude stocks rose more than expected last week, while gasoline stocks increased and distillate inventories fell, data from the Energy Information Administration showed on Wednesday.
Lukoil, Russia's second largest oil producer, said on Wednesday it had signed an agreement with Sberbank to raise a loan worth 63 billion roubles ($1.34 billion).
Colder weather in the region pushed central European day ahead prices higher on Wednesday, offsetting a rise in renewables, traders said.
Czech electricity for
Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.
Successful transport of 1,480t absorber for biggest LNG plant worldwide in Malaysia.
1,480 tons and a high center of gravity made the transport of an absorber
U.S. and Brent crude futures declined sharply after Iranian Oil Minister Bijan Zangeneh said on Wednesday he had an "excellent" meeting with Saudi Oil Minister
Shippers to begin monitoring from 2018; Environmental groups say law is weak, shippers favorable.
The shipping sector will for the first time have to monitor
Oslo-listed liquefied natural gas (LNG) shipper Hoegh LNG reported third-quarter earnings below expectations on Wednesday and said its market could remain challenging
Strategic reserves seen at 30 days, double official plan; China secretive on reserves, but target may be 90 days.
China is estimated to be holding double the
No longer world's biggest by market cap. Stock loses premium to peers.
Seadrill suspended dividend payments on Wednesday to help it weather a slump in offshore drilling rig market rates,
Oil market "will stabilize itself" - Saudi oil minister.
Brent crude oil steadied below $79 a barrel on Wednesday after Saudi Arabia signalled it was unlikely
The U.S. Environmental Protection Agency is proposing more stringent air quality standards for ground-level ozone, the main culprit in smog, the agency's chief said on Wednesday.
Woodside advises that it has entered into a contract for an exclusive Reconnaissance Licence
(RL) with the Office National des Hydrocarbures et des Mines, the
Sochi hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Claudio Descalzi, Chief Operating Officer of Eni.
Petroleum Geo-Services ASA : Kuala Lumpur Becomes the New Asia Pacific Regional Headquarters
As a part of the plan to restructure PGS business activities
Zargon Oil & Gas Ltd. announces that it has entered into a definitive purchase and sale agreement to sell its Hamilton Lake property for $25 million.