12.07.2012
- World oil demand growth will slow in 2013 from the already weak 2012, OPEC said on Wednesday, citing Europe's debt worries, a faltering U.S economic recovery and deceleration of...
25.06.2012
- In the end, all it took was a small chemical spill -- perhaps less than a barrelful -- to bring down the newest, mightiest oil refinery in the United States. Three weeks ago, while...
19.06.2012
- Iraq's autonomous Kurdistan expects more oil majors to follow Exxon Mobil in the next few months in striking deals in the region, where oil shipments will resume, its natural...
11.06.2012
- OPEC's president signalled on Monday it could act to reduce a glut of oil that has knocked the price down towards double digits, but said it was unlikely to set individual country...
05.06.2012
- Russian state firm Rosneft has hired a former TNK-BP executive to run its refining and marketing businesses, sources close to the companies said on Tuesday, bolstering a management...
01.06.2012
- BP said on Friday it was considering a sale of its half-share of Russia's third-largest oil producer TNK-BP, possibly heralding the end of one of the UK oil major's most lucrative...
03.05.2012
- British gas and oil producer BG Group said it had agreed to sell its Brazilian gas distribution business Comgas to Cosan for $1.8 billion as it unveiled soaring first quarter...
27.04.2012
- Hefty refining losses continued to weigh on profits at Chinese state oil giants PetroChina and Sinopec in the first three months of the year, with the latter posting a worse than...
