Oil Industry news

WASHINGTON - The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader…

Energy XXI is an independent oil and natural gas company whose growth strategy emphasizes acquisitions, enhanced by its…

Lundin Petroleum has officially appointed Mr. Nick Walker as the new Senior Vice President Development and Operations. Mr. Walker…

A helicopter mid-flight over the Schiehallion vessel. Sunday Snapshot by BP's Geoff Leask

Texas - ExxonMobil and its employees donates $47.1 million to institutions of higher education across the country as part of the…

The infographic explores how and why the price of oil has changed over time and how this have had a huge effect to our daily lives…

Statoil and other oil companies including nations join forces to end the practice of routine gas flaring at oil production sites…

Gazprom held a meeting between Alexey Miller, Chairman of the Company's Management Committee and Han Fennema, CEO and Chairman of …

Gazprom held a meeting between Alexey Miller, Chairman of the Company's Management Committee and Jean-Francois Cirelli, Special…

Shell was voted the ‘Best Aviation Fuels and Lubricant Brand’ by the readers of aviation magazine, Aerokurier. In their survey,…

Paris – Total has officially presented its French refining roadmap to employee representatives. The plan is designed to give each…

Petroleum Safety Authority Norway (PSA) has officially announced that they have completed the investigation into the incident on…

London – Amec Foster Wheeler has officially announced that it has been awarded a four-year contract by the Nuclear Decommissioning…

Norway petroleum and energy minister - Tord Lien has officially opened the Valemon gas and condensate field in the North Sea…

Gazprom to keep its leadership in global energy sector regardless of any possible changes in world gas market. The Gazprom Board…

Hamburg announces  that the cabotage fleet has once again gained a new member. The new container ship “Bartolomeu Dias” was…

Rosneft has officially announced that the gas production in the first quarter increased by 19.7% compared to the same period last…

Statoil ASA - Catherine Hughes has informed that she will resign from her position as member of the board of directors in Statoil…

Gazprom has officially announced that Anatoly Sorokin is appointed as the Director General of Gazprom Gazobezopasnost. Anatoly…

Texas - ExxonMobil has officially announced that 155 third- through fifth-grade teachers from across the United States have been…

Rosneft and Eurosport Events, promoter of the FIA World Touring Car Championship, signed a partnership agreement. Within the…

Lundin Petroleum has officially announced that its wholly owned subsidiary Lundin Malaysia BV has achieved first oil from the…

Rosneft as part of Sakhalin-1 Consortium has successfully completed drilling of the world’s longest well at the Chayvo field. O-14…

Subsea 7 has secured a contract worth approximately USD$200 million with a duration of approximately two years. The contract is…

African Development Bank (AfDB)  has officially announced that from April 4-9, a team from the Sudan Country Office of the…

Petroleum Safety Authority (PSA) is an independent government regulator with responsibility for safety, emergency preparedness and…

Shell UK has officially announced that it has accepted offers for the sale of 185 company-owned service stations to selected…

The Chairman of the Gazprom Management Committee, Alexey Miller informed Russian President Vladimir Putin on the current situation…

Russia - Gazprom held a meeting between Alexey Miller, Chairman of the Company's Management Committee and Dennis Nally, Chairman…

LONDON — Schlumberger has officially announced that the Petrel* E&P software platform will support BP’s new digital technology…