Oil

Through its venture capital arm, Evonik has invested in Airborne Oil & Gas. Evonik now holds a minority interest in the [...]

The Chesapeake Bay Seed Capital Fund invested US$150,000 into Manta Biofuel LLC, a company that produces crude oil from [...]

Genel Energy president Mehmet Sepil retired from the company with immediate effect. Mehmet Sepil founded Genel Energy and [...]

Norwegian gas company Statoil reported an oil spill close to the OLS B loading buoy at the Statfjord oil field last October [...]

Energy minister Sudriman Said announced that Indonesia will be an associate member of of the Organisation of Petroleum [...]

Genie Energy said yesterday that it has found significant quantities of oil and gas in its exploration site in Northern [...]

IHS Vice Chairman Daniel Yergin says that energy is entering an “era of shale” in his address at the European [...]

BP Oil is set to pay around US$20.8 billion in settlements to the US for the Macondo well blowout that lead to an oil spill [...]

Shell announced that it completely sold its retail, commercial fuels and supply & distribution logistics businesses in [...]

Egypt and Kuwait signed an agreement to store crude oil at the Arab Petroleum Pipeline (Sumed) Company before selling it to [...]