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Brazil’s president on Monday promised authorities would carry out a thorough and complete probe of alleged money laundering at state oil giant Petrobras. “Whatever...
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Brazil’s president on Monday promised authorities would carry out a thorough and complete probe of alleged money laundering at state oil giant Petrobras. “Whatever...
French oil group Total has found ways of reducing the cost of extracting ultra-deep Angolan offshore oil reserves by a fifth and has decided...
The Kuwait National Petroleum Company on Sunday signed contracts worth $12 billion (nine billion euros) with three international consortia to upgrade two refineries and...
US energy major Chevron, shielded by barbed wire, under police protection and under fire from egg throwers, is in trouble in Romania with villagers...
Brazil’s Petrobras has turned over documents requested in an investigation into a $4.5 million money-laundering operation, the latest in a series of problems to...
Oil prices extended losses Friday on poorly-received economic data out of China this week that has raised concerns over potential weaker crude demand from...
The global oil market is returning to a rough balance but Russia’s annexation of Crimea has clouded the outlook with both supply and demand...
US oil giant Chevron and state-controlled YPF unveiled plans to spend another $1.6 billion to develop Argentina’s Vaca Muerta shale formation for oil and...
British energy giant BP vowed Thursday to remain in oil-rich Russia despite the Ukraine crisis, adding it would play a key “bridge” role between...
Libya’s National Oil Co (NOC) on Thursday lifted a force majeure on a crude export terminal recovered from rebel hands, opening the way for...