US oil and gas giant ConocoPhillips has reached a definitive agreement to acquire Marathon Oil for $22.5 billion, including net debt of $5.4 billion. The transaction...
The emirate of Qatar has begun signing agreements with US and European energy majors for the country’s planned $30 billion expansion of its North Field, which is believed...
09.03.2015
- Pemex Exploracion y Produccion will be unable to recover hundreds of millions of dollars lost on Mexican condensate smuggled across the Texas border by bandits and sold to buyers...
24.01.2014
- In the Lewino-1G2 vertical test well near Gdansk in northern Poland, gas exploration company San Leon Energy said it had found shale gas deposits that would yield up to 400,000...
15.01.2014
- Italian energy firm Eni apparently plans to give up all of its Polish shale gas permits because of tough geology and an unclear regulatory environment, the same issues that have...
08.10.2013
- A consortium developing Kazakhstan's giant Kashagan oilfield has resumed production after an industrial accident halted work last month, the Kazakh Oil and Gas Ministry and the...
01.05.2013
- U.S. refiner Phillips 66 said on Wednesday that first-quarter earnings more than doubled as it used cheaper American- and Canadian-produced crude oil to make gasoline and other...
25.04.2013
- Quarterly results from Exxon Mobil and ConocoPhillips on Thursday showed that while overall growth remained elusive, output rose in key basins in the United States where the oil...
