Oil

In their full year report, Shell announced that it would be cutting 10,000 jobs, due to its merger with BG and the present [...]

Oil company BP announced that it would be cutting around one-sixth of its workforce (or 4,000 jobs) from its exploration and [...]

Researchers from KU Leaven and Utrecht University discovered a method to produce diesel fuel that emits less Carbon Dioxide [...]

Tatneft’s project “Technology Development for hydroconversion of heavy petroleum feedstock to produce high-quality [...]

ExxonMobil Research and Engineering Company (EMRE) awarded Lockheed Martin a contract to serve as the systems integrator in [...]

Zoetic Global, a US-based project developer, has executed a 20-year power purchase agreement with the Electricity Company of [...]

Magellan Midstream Partners, L.P. and TransCanada Corporation announced plans to connect TransCanada’s Houston tank [...]

Statoil ASA acquired 37,101,561 shares in Lundin Petroleum AB (publ.), corresponding to 11.93 percent of the shares and [...]

For the first time in 12 years, crude oil prices fall below US$30 per barrel. New York’s benchmark West Texas Intermediate [...]

Faroe Petroleum started exploring the Kvalross well in Norway. Licence PL611, which contains the Kvalross prospect, is [...]