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...
13.11.2012
- Anglo-Russian oil company TNK-BP is set to sign a deal to supply Russian power producer TGK-5 with gas worth as much as $6 billion over 18 years, TGK-5 said on Tuesday, in the...
12.11.2012
- Exxon Mobil said it faces a $3.3 billion spike in costs at its LNG project in Papua New Guinea, the latest Asia-Pacific project to be hit by cost overruns as competition is set to...
31.10.2012
- French oil company Total reported a 20% rise in third-quarter net adjusted profit to €.348 billion on Wednesday, beating analysts' expectations thanks to a sharp increase in...
27.10.2012
- Ports around the world are considering liquefied natural gas (LNG) as a ship fuel in a drive to reduce carbon emissions, but the shift will be slow due to the high capital costs of...
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...
23.10.2012
- The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading...
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...
