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...
19.12.2012
- Norwegian energy firm Statoil bought the rights to about 70,000 acres of shale-producing area in the United States on Wednesday as part of a plan to increase its North American...
21.11.2012
- EU politicians rejected a ban on shale gas, while calling for a robust regulatory regime to address environmental and other concerns, in a series of votes on Wednesday in the...
20.11.2012
- Norway's Statoil signed a 10-year gas supply deal with Germany's Wintershall, based on spot prices that challenged Russian gas export monopoly Gazprom, which insists on oil-linked...
02.10.2012
- Norway's Statoil has dropped plans to expand its Snoehvit natural gas field in the Arctic due to insufficient reserves, raising the chance it will back the building of a pipeline...
21.09.2012
- New projects should help French oil group Total confirm its 2010-2015 output target in a strategy update on Monday, although analysts will be keen to hear its big exploration...
19.09.2012
- Iraqi Kurdistan sees itself soon becoming a major energy player hosting the world's biggest oil companies - including one that may tap part of Iraq's giant Kirkuk oilfield - and...