06.12.2012
- A U.S. government-sponsored report gave full-throated endorsement on Wednesday for the expansion of liquefied natural gas exports, saying that shipping surplus gas abroad would...
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...
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...
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...
03.11.2012
- Chevron posted earnings on Friday that were much lower than expected as maintenance exacerbated a decline this year in oil and natural gas production, and shares of the second...
01.11.2012
- Higher oil prices and lower taxes fuelled Rosneft to a 181 billion roubles ($5.8 billion) net income in the third-quarter, the company said on Thursday. Analysts polled by Reuters...
29.10.2012
- UOP, a Honeywell company, and ExxonMobil Research and Engineering Company (EMRE) announced today that Rafinerija Nafte Brod, Bosnia and Herzegovina's sole oil refinery, has...
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...