Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder survey and seabed coring campaign
Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many
U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,
OPEC oil output reached the highest monthly level in recent history in July, a Reuters survey found on Friday, as Saudi Arabia and other key members show no sign
Oil producer Chevron Corp reported a 90 percent drop in second-quarter profit on Friday as falling oil prices eroded results.
The company posted net income of $571 million,
Exxon Mobil Corp, the world's largest publicly traded oil company, on Friday reported a 52 percent slide in second-quarter profit as tumbling crude oil prices weighed on results.
Options show oil more likely to fall in 2015; market readjusting to expectation of long-term glut.
OPEC policymakers seem confident in a sustained recovery of
NOIA President Randall Luthi issued the following statement on the Senate Energy and Natural Resources Committee’s passage of the OPENS Act, which will open new
Shell Oil's icebreaker MSV Fennica weaved through nine remaining protesters hanging from the St. Johns Bridge and made its way toward the Pacific Ocean.
OPEC expects increasing oil demand to prevent a further fall in prices and sees a more balanced market in 2016, its secretary-general said on Thursday, the latest
Greenpeace protestors dangling from a bridge on Thursday in Portland, Oregon, halted an icebreaker that Royal Dutch Shell needs in northern Alaska before it can
Prosecutors in Brazil said on Wednesday former Petrobras executive Renato Duque had unfairly favored Italy's Saipem SpA on a contract for an undersea gas pipeline
Italian oil and gas group Eni is holding discussions with a potential buyer of liquefied natural gas (LNG) supply from its floating export project in Mozambique, an executive said on Thursday.
U.S. crude stocks down sharply; weekly U.S. production falls.
Oil prices rose on Thursday after a larger-than-expected draw in U.S. crude and gasoline stocks and figures showing a decline in U.
Spain's Repsol said on Thursday it would maintain exploration capex at around $4.5 billion this year and next thanks to the addition of Talisman, contrasting with
Russia's Rosneft and U.S. ExxonMobil have jointly applied for taking part in a tender for hydrocarbon fields in Mozambique, Rosneft said in a statement on Thursday.
Royal Dutch Shell will "take a good look" at selling North Sea assets after its planned acquisition of BG Group next year, Shell's Chief Executive Officer Ben van Beurden said on Thursday.
ConocoPhillips, the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital
Wood Group has secured a new contract to carry out front-end engineering and design (FEED) for the Woodside operated proposed Browse Floating Liquefied Natural Gas (FLNG) Development,
Aqueos Corporation, a provider of subsea services to the Gulf of Mexico and Pacific Coast, has appointed Jason Brink to the position of Project Manager-Special Projects, the company announced today.