14.11.2011
- Chinese oil giant Sinopec said on Friday it will pay $3.5 billion for a 30% stake in the Brazil unit of Portugal's Galp, extending China's drive to secure access to energy for its...
03.03.2011
- As fighting continues across Libya, the oil industry is trying to assess the output lost from Africa's third-largest producer. Most estimates suggest around half of the country's 1...
26.07.2010
- U.S. President Barack Obama signed a law last week imposing tough new sanctions on Iran's banking and energy sectors, hoping to curb Tehran's nuclear enrichment activities. The...
26.02.2010
- Several European oil refiners reported losses or big drops in profits in the fourth quarter on Thursday, underlining the challenges for the sector just days after Total said...
