Companies are diverting spot cargoes of LNG from the United States and sending them to Asia where gas prices have surged in the...
Oil giant BP’s flagship Russian joint venture TNK-BP is not planning to bid in any potential auction of Yukos’ assets, the...
Norwegian oil firm Statoil and Russia’s Surgutneftegaz signed a term supply agreement in a deal that aims to ship increasing volumes of Urals crude to Asian and US...
South Korea tops import spendingSEOUL: South Korea has spent about $3 billion more than the United States or Europe to import oil over the past three years because of its...
The Indian government has set up a panel of experts to assess plans to merge state-run oil firms and create companies that can...
India imported 51 million tonnes, or about two million barrels per day, of crude oil in the first half of the fiscal year to March 2005, an oil ministry official said...
Norwegian Fred Olsen Energy’s drilling unit has won a 14-month contract worth $35 million for its Byford Dolphin rig offshore UK, the firm said...
ConocoPhillips, fresh from acquiring a large stake in Russian oil giant LUKoil, is eager to expand in Russia beyond that...
