HOUSTON -- Crude oil prices have varied widely in the past year, and Anadarko CEO Al Walker doesnt think prices will extend beyond the $50-$60/bbl range before the end of the decade. Walker shared his opinions on the current state of the oi......【More】
2017-05-19RIO DE JANEIRO -- Petrobras net income was R$4.4 billion in first quarter 2017, reversing the loss recorded in the same period of last year. This result reflects the companys outstanding operating performance, despite lower demand for oil p......【More】
2017-05-17TEHRAN, May 11 (Xinhua) -- The U.S. Pall Corporation has reached an agreement with the Iranian Panid Engineering Co. to build a plant for manufacturing filters for Irans oil industry, Tehrans Financial Tribune daily reported on Thursday. Ta......【More】
2017-05-16MOSCOW, May 13 (Xinhua) -- An agreement on oil output cuts reached by major oil-producing countries is likely to be extended for another six months or even longer, Russian Energy Minister Alexander Novak said Saturday. Members of the Organi......【More】
2017-05-15JAKARTA (Bloomberg) --Red tape, rising costs and declining crude prices are throttling exploration in Indonesia, the former OPEC member that now produces less oil than it uses. Only 20% of the 287 onshore rigs operated bycontractors for loc......【More】
2017-05-12COLLEGE STATION -- TDI-Brooks International, Inc. has been selected to perform three site surveys and an Environmental Baseline project in the Caribbean. Two well sites are at a depth of approximately 140 m and a third well site lies in 650......【More】
2017-05-11RIO DE JANEIRO (Bloomberg) --Exxon Mobil Corp. and Petrobras have held talks on a strategic partnership that could involve multiple assets in Brazil and overseas in different segments of the industry, similar to the $2.2-billion deal signed......【More】
2017-05-10HOUSTON (Bloomberg) --Venezuela would be hit from two directions if the U.S. were ever to impose oil-related sanctions against the South American nation where at least 30 have died in anti-government protests in the past month. American dri......【More】
2017-05-09TEHRAN (Bloomberg) --Iran is buying equipment to avert a possible disruption in output at its share of the worlds biggest natural gas field, in the event the U.S. decides to impose additional sanctions on its economy, thehead of state-run o......【More】
2017-05-08MOSCOW, May 4 (Xinhua) -- Russia has not yet decided to extend the Vienna agreement on oil output reduction into the second half of 2017, the Kremlin said Thursday. No decisions have been made yet. If the position is formulated, we will inf......【More】
2017-05-05