18.11.2012
- An oil spill at an ExxonMobil facility offshore from the Niger Delta has spread at least 20 miles from its source, coating waters used by fishermen in a film of sludge. A Reuters...
16.11.2012
- European oil refiners can expect margins to come back down to earth in 2013 as global capacity returns, after a rollercoaster this year that saw them soar in the second and third...
15.11.2012
- BP is expected to pay a record U.S. criminal penalty and plead guilty to criminal misconduct in the 2010 Deepwater Horizon disaster through a plea deal reached with the Department...
13.11.2012
- British oil company BP took a further step towards closer ties with Russian state oil company Rosneft on Tuesday as the partners in its existing venture in the oil-rich country...
06.11.2012
- Dubai-based NetOil, led by Middle Eastern businessman Roger Tamraz, has submitted a new offer to take over France's oldest refinery, unveiling a last minute deal with British oil...
30.10.2012
- Anadarko Petroleum on Monday reported a quarterly profit compared with a year-ago loss when the U.S. oil and gas company set aside funds to settle with BP over its Gulf of Mexico...
22.10.2012
- British oil company BP said on Monday it had yet to reach an agreement on the sale of its 50% stake in Russian venture TNK-BP to state-run Rosneft. "BP confirms it is in advanced...
19.10.2012
- A government relations manager at Anglo-Russian oil firm TNK-BP has been arrested on suspicion of fraud, the Russian Interior Ministry and the company said on Friday. The arrest of...