19.03.2013
- Statoil and Britain's BG Group plan to build a $10 billion East African liquefied natural gas (LNG) terminal well placed for exports to Asia, after the Norwegian company made a new...
21.02.2013
- Europe's hard-pressed refining industry faces more closures as its competition in the United States enjoys the double bonus of growing domestic shale oil supply and cheaper...
19.02.2013
- Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...
18.02.2013
- Russia's top crude producer Rosneft said its chief executive had started talks in China over the possibility of increasing oil supplies to the world's largest energy consumer. The...
07.02.2013
- Milan prosecutors have put Paolo Scaroni, head of Italy's Eni, under investigation in a probe into alleged bribes by Saipem, in which Eni is the largest investor, to win contracts...
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...
11.12.2012
- A year after Eni announced the largest discovery in its exploration history, a giant gas find in Mozambique, rival oil companies are falling over each other to get a piece of the...
07.12.2012
- European energy executives lined up with Russian President Vladimir Putin to witness the first weld on the South Stream pipeline on Friday in a show of support for a project that...