06.08.2012
- Nigeria's landmark energy bill could revive Africa's biggest oil industry and improve President Goodluck Jonathan's reputation, but rebellious lawmakers will seriously test his...
04.08.2012
- Brazil's state-led oil giant Petrobras on Friday posted its first quarterly loss in more than 13 years, fanning concerns that the company, hampered by government intervention and...
27.07.2012
- Chevron profit fell 7% in the second quarter as oil prices weakened, the No. 2 U.S. oil company said on Friday, and oil and gas output will fall short this year, but margins are...
26.07.2012
- ExxonMobil, the world's largest publicly traded oil company, posted lower-than-expected quarterly earnings on Thursday as its oil and gas output sagged and its chemicals business...
26.07.2012
- European oil refiners are set to lose a vital export market because the U.S. petrochemical industry is shifting away from reliance on oil products, notably naphtha, and using cheap...
26.07.2012
- British oil firm BG Group said its key long-term projects were on track as it reported a series of short-term setbacks, including weaker-than-expected quarterly earnings, a cut in...
26.07.2012
- Weaker prices for oil worldwide and for gas in North America took their toll on Royal Dutch Shell's profit in the second quarter. Shell, the second largest of the western world oil...
25.07.2012
- Lower oil prices hurt quarterly profits at ConocoPhillips and Hess, but both companies beat Wall Street forecasts. Conoco, reporting earnings for the first time since shedding its...