Reuters/New York US crude oil production rose 269,000 bpd to a record 10.964mn bpd in July, led by record output from Texas and North Dakota,
Read MoreShale oil can’t take all the credit for America’s rise to energy superpower, according to Bloomberg. Rigs in the green-blue waters of the US Gulf of M
Read MoreOil posted the longest string of quarterly gains in more than a decade as impending supply disruptions threaten to fracture a global market with littl
Read MoreBloomberg/London When former US President Barack Obama first imposed sanctions on Russia in 2014, a plunge in global crude prices turned the
Read MoreBloomberg/Oslo A group of oil companies led by Equinor ASA is taking a new look at options for exporting natural gas from the isolated Barent
Read MoreWASHINGTON (Reuters) - U.S. Securities and Exchange Commission chairman Jay Clayton said in a statement on Saturday that the agency’s settlement with
Read MoreChevron Corp has re- ceived an off er for its stake in the Rose- bank project in the North Sea, months after the company said it plans to exit some fi
Read MoreAFP Hong Kong Most Asian markets rose yesterday, with energy firms surging along with oil prices, as traders await the conclusion of a key Fe
Read MoreInternews Islamabad In a major breakthrough, Pakistan and Russia are set to sign a $10bn offshore gas pipeline deal today in Moscow, a projec
Read MoreIt is now a very safe bet that the seabed off Lebanon’s coast contains enormous amounts of natural gas, and sound management of this resource could po
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