Mexico has approved draft auction terms for five shallow water areas containing around 355 million barrels of oil equivalent (boe) as part of its Round One tender
Brazil's Braskem SA , Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras,
Talks on curbing Iran's nuclear program have made substantial progress, a senior U.S. official said on Friday as the White House braced for an onslaught of criticism
Venezuela's PDVSA said on Friday that oil services giant Schlumberger was poised to extend an existing credit line to the South American state oil company, without offering details.
Exxon Mobil Corp and three other large energy companies failed to block shareholder resolutions on director nomination rules put forth by New York City pension funds,
Argentine biodiesel exports rose 40 percent on the year in 2014 to nearly 1.6 million tonnes while total production rose 29.4 percent 2.58 million tonnes, the
Brazil's embattled state-run oil company Petroleo Brasileiro SA said on Friday that the director of its corporate-services division will take a 90-day leave of absence for health reasons.
GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,
Oleo e Gas Participações SA, the recently restructured Brazilian oil company, said on Friday it was reviewing the viability of continued output at its only producing
DeepWater Buoyancy, Inc. has signed an agreement with Waters & David Co. of New Orleans for sales representation of its oil and gas products in the Gulf Coast.
Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,
Brazil's state-run oil company Petroleo Brasileiro SA said on Friday that lawyer Luiz Navarro was named to the board of directors.
Navarro will take a seat
Turkey has concluded a final deal with Russia's Gazprom that will cut the price of gas it buys from Russia by 10.25 percent, Energy Minister Taner Yildiz said on Friday.
Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.
During the period,
Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,
Mexico's state-owned oil company Pemex on Friday reported a wider loss for the fourth-quarter, according to a filing with the Mexican stock exchange.
Pemex said its quarterly loss totaled 115.
Romania's anti-graft watchdog has accused the head of national energy regulator ANRE of breaching its rules by simultaneously running a private gas services firm.
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) delivered the hull of a floating production, storage and offloading unit (FPSO) for MODEC, Inc.
The FPSO hull
Britain's net imports of petroleum products more than tripled last year, according to government figures, after a fresh wave of refinery cuts left the country unable to meet its demand.
German utility RWE said on Friday that closure of the sale of its oil and gas unit DEA to Russian tycoon Mikhail Fridman is imminent, after a media report said the date for completion will be March 1.