euronewsBP-led group extends Azeri oil 'contract of the century'ReutersThe fields produce 585,000 barrels per day, accounting for three quarters of the Azerbaijan's oil output, but production is expected to rise as the partners could invest up …
ReutersShell set to draw line under a century of Iraqi oilReutersL) is set to end a century of oil production in Iraq by withdrawing from two of the Arab state's flagship fields to focus on more profitable gas development. Shell's retreat highlight …
ReutersExclusive: Shell to withdraw from Iraq's Majnoon oilfield - Iraqi oil officialsReutersBAGHDAD (Reuters) - Royal Dutch Shell is seeking to sell Iraq's Majnoon oilfield and the oil ministry has started preparations to finalize its exit, accord …
ReutersVenezuela's Maduro sees progress after Algeria oil talksReuters“We are progressing in agreements on recovering the governance of the oil markets and...restoring oil prices,” Maduro said in comments to journalists in Algiers carried on Venezuela& …
US oil drillers cut rigs for 3rd week in four as recovery stalls -Baker HughesReutersSept 8 (Reuters) - U.S. energy firms cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalls with energy firms reducing spending plans …
Saudi Arabia plans to cut crude oil allocations in Oct by 350000 bpdReutersDUBAI (Reuters) - Saudi Arabia will cut crude oil allocations to its customers worldwide in October by 350,000 barrels per day, an industry source familiar with Saudi oil policy tol …
Financial PostThreat to oil becomes real as climate crashes Norway electionFinancial PostSeveral parties opposed to further oil exploration could emerge as kingmakers in the Sept. 11 election. That will threaten a push to search for about 9 billion barrels …
ReutersFrance plans to end oil and gas production by 2040ReutersPARIS (Reuters) - France plans to pass legislation this year to phase out all oil and gas exploration and production on its mainland and overseas territories by 2040, becoming the first countr …
Norway receives more bidders for mature areas oil licensing roundReutersOSLO (Reuters) - Norway's licensing round to explore for oil and gas in mature offshore areas attracted bids from 39 companies, up from 33 firms last year, the Oil and Energy Minis …
ReutersJapan proposes oil refiners must raise fuel oil processing capacity at plants: METIReutersTOKYO (Reuters) - Japan is proposing its oil refineries increase the amount of residual fuel oil processed at the plants in a third round of directives to stre …