Russian billionaire Mikhail Fridman's LetterOne fund has emerged as the front runner for the acquisition of German utility E.ON's Norwegian North Sea assets, three
Nigeria has arrested the chairman of a local oil firm, a security official said on Tuesday, as part of a widening graft investigation in Africa's biggest petroleum
Citigroup has joined the retreat by investors and lenders in the coal sector by further tightening its policy on its credit exposure to coal miners.
A spokesman for Citi confirmed the U.
Argentina's oil firm Pluspetrol and partners in Peru have launched a tender to sell three 300,000 barrel cargoes of natural gasoline for delivery from Oct. 14 to Nov.
Crude prices hit one-month highs on Tuesday after a new U.S. forecast showed tighter oil supplies next year, while and Russia, Saudi Arabia and other big producers
The French government wants utility EDF and nuclear group Areva, both state-owned, to keep a combined 66 percent stake in Areva's former reactor building arm Areva NP,
Global oil demand will grow by the most in six years in 2016 while non-OPEC supply stalls, according to a monthly U.S. energy report that suggests a surplus of
Morocco expects to shortlist three companies for its new long-term contracts to import liquefied natural gas (LNG) within the next two weeks, its energy minister said on Tuesday.
Reuters - Oil prices rose on Tuesday, heading for the first three-day gain in five weeks, on signals that the world's biggest producers of crude may act jointly to support prices,
Austrian oil and gas group OMV is not currently planning a 20 percent workforce cut, Chief Executive Rainer Seele told Reuters on Tuesday.
"We are not discussing
Egypt is preparing to launch a new bidding round for gas exploration off the Mediterranean coast in the first half of 2016, Khaled Abdel Badie, the head of the
Croatian liquefied natural gas (LNG) terminal developer LNG Hrvatska has extended a deadline for investors to express interest in building a terminal in the northern Adriatic to Dec.
U.S. oil production growth will stop this month and begin to decline early next year due to low oil prices, the former head of oil firm EOG Resources, Mark Papa, said on Tuesday.
Gazprom has almost halved the planned capacity of its TurkStream gas pipeline project to 32 billion cubic metres (bcm) per year from an original capacity of 63 bcm,
The current low oil price environment is an opportunity for oil and gas major Total to realign its costs, drive efficiency in upstream operations and rediscuss tax issues with host producing nations,
Press release - Citigroup has released a new policy to cut its lending to the global coal mining industry. The bank updated its environmental and social policy framework,
Crude oil prices settled up more than 2 percent on Monday, bolstered by a rally in U.S. gasoline and Russia's willingness to meet other major oil producers to discuss the market.
Canadian Oil Sands is set to reject a hostile takeover bid from rival Suncor Energy, according to a source who is familiar with the situation.
The source, who
Canada's oil-producing province of Alberta, which has been hammered by falling crude prices, will table its next budget on Oct. 27, Alberta Finance Minister Joe Ceci said on Monday.
Zambia's state power utility Zesco Ltd has applied to the regulator to allow it to more than double the cost of electricity for all customers except mining firms