28.03.2013
- British oil group BP is pressing ahead with a $500 million-plus investment in the Shetland Islands, a shot in the arm for the government's efforts to revive the North Sea oil...
07.03.2013
- BP boss Bob Dudley's pay fell by a fifth last year because of performance measures set over a three-year period that began in 2010, the oil-spill year. The company's 2012 annual...
01.02.2013
- Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...
11.01.2013
- Shell may have moved an oil rig that ran aground off Alaska last week partly to avoid millions of dollars in taxes, U.S. Rep. Ed Markey said, raising even more questions about the...
26.11.2012
- ConocoPhillips is to sell its 8.4% stake in Kazakh oil field Kashagan for about $5 billion to Oil and Natural Gas Corp, a state-run Indian group looking to boost production...
08.11.2012
- OPEC acknowledged for the first time on Thursday that technology for extracting oil and gas from shale is changing the global supply picture significantly, and said demand for...
26.10.2012
- ConocoPhillips and Occidental Petroleum reported quarterly results that topped Wall Street estimates as they produced more oil and gas than expected, even as lower prices hurt...
22.10.2012
- It has taken $46 billion over 12 years to bring Kashagan, the biggest world oilfield discovery since 1968, to the brink of production. But some in the seven-member development...
