U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.
Front-month expires Monday, long liquidation seen; dollar index highest in more than four years.
U.S. crude oil fell on Friday, on track for its fourth daily
A 13 percent slide in crude oil prices since June has eroded some of the allure of drilling U.S. shale resources and raised investor concerns, but companies are
Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares have
Talk of OPEC cuts, lower Libyan output support prices; Dollar index highest in more than four years. Middle East tensions remain a big focus.
Brent crude oil
ExxonMobil is still drilling in the Russian Arctic, a Russian minister said on Friday, in move that if confirmed will anger Washington after the U.S. administration
Norwegian energy firm Statoil has found gas in the Pingvin prospect in the Norwegian Arctic, one of its partners said on Friday.
"The well has identified gas in a sandstone reservoir,
Classification society awards SCR system emissions certificate.
MAN Diesel & Turbo has been awarded a Tier III - compatibility certificate by the DNV- GL classification
Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest
Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm, the petroleum ministry said on Friday.
Russia's second-biggest oil producer Lukoil, a target of U.S. sanctions over the Ukraine crisis, will not cut domestic oil output next year but will invest less money in projects,
The head of Shell Russia said on Friday that the company's strategy in Russia remained unchanged, although the firm is evaluating the implications of sanctions
Russia's natural resources minister said on Friday that it was highly likely that U.S. oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted
Royal Dutch Shell CEO Ben van Beurden on Friday welcomed Scotland's vote against independence.
"Shell welcomes the decision by the people of Scotland to remain within the UK,
Ricardo and KONGSBERG say that they have signed a framework agreement that will see Ricardo support the development of the Kongsberg Wind Farm Management System
Boa Offshore has chosen ABB Turbocharging’s proactive Maintenance Management Agreement for servicing of turbochargers aboard four of its vessels, ensuring, says ABB Turbocharging,
RentOcean, a 100 percent owned subsidiary of Oceanteam Shipping ASA, says it has been awarded a contract to supply Van Oord Offshore Wind Projects BV a 3000t demountable
of Nordic American Offshore Ltd., informs shareholders as follows after the company's listing on the New York Stock Exchange
Vroon’s newbuilding ERRV, VOS Famous, was launched in China yesterday. This 50-m ERRV (emergency response and rescue vessel) is under construction at Nanjing East Star Shipyard.
Wild Well Control, Inc., a Superior Energy Services company and a global leader in firefighting and well control, has unveiled its new subsea capping stack for