CAIRO, July 13 (Xinhua) -- Egyptian Petroleum Minister Tarek el-Mulla said Thursday that new areas in the Red Sea will be open for bidding for exploration as part of Egypts effort to expand .........
see more >>NEW YORK (Bloomberg) --Oil skeptics are letting a little sunshine in. After the worst June for oil in six years, hedge-fund bets on declining West Texas Intermediate retreated. That made roo.........
see more >>NEW YORK, July 14 (Xinhua) -- Oil prices continued to increase on Friday as report showed global oil demand has picked up. The West Texas Intermediate for August Delivery added 0.46 dollar t.........
see more >>ANCHORAGE --After a comprehensive review and consideration of comments received from the public, stakeholders, and Federal and state partner agencies and tribes, the Bureau of Ocean Energy M.........
see more >>WASHINGTON -- API today announced that estimated total wells drilled and completed in the second quarter of 2017 increased 62% compared to the second quarter of 2016. This includes a 41% inc.........
see more >>THE HAGUE -- Shell Offshore, Inc. announces today that its affiliate, Shell E and P Offshore Services B.V., will exercise a contractual right to purchase theTurritellafloating, production, s.........
see more >>NEW YORK, July 6 (Xinhua) -- Oil prices settled higher on Thursday on falling U.S. crude inventories. U.S. crude oil inventories fell by an unexpectedly sharp 6.3 million barrels in the June.........
see more >>DUBAI, July 8 (Xinhua) -- China remains the biggest non-oil trade partner of Dubai of the United Arab Emirates (UAE) in the first quarter of 2017, with a share of 13.45 percent of the sheikh.........
see more >>TOKYO, July 6 (Xinhua) -- Tokyo stocks opened marginally lower on Thursday as investors were in a circumspect mood after a slump in U.S. shares overnight following a drop in prices for crude.........
see more >>KUALA LUMPUR, June 30 (Xinhua) -- While Malaysia, the worlds second largest producer of crude palm oil (CPO), is seeking to export more palm oil to China following Prime Minister Najib Razak.........
see more >>NEW DELHI -- ONGC Videsh has signed definitive binding agreements with Tullow Namibia Limited (Tullow), a wholly owned subsidiary of Tullow Oil plc, acquiring 30% participating interest in N.........
see more >>WASHINGTON (Reuters) - President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries tha.........
see more >>HOUSTON -- BP has reported that it continues to make progress in shifting its exploration portfolio toward natural gas and advantaged oil. As first described to the financial community in 20.........
see more >>NEW YORK, June 28 (Xinhua) -- Oil prices ended higher on Wednesday as government data showed U.S. gasoline inventories declined last week. The Energy Information Administration (EIA) said on.........
see more >>MOSCOW, June 27 (Xinhua) -- Russias oil giants Rosneft said Tuesday that its websites were shut down following a large-scale cyberattack on its servers, but the production has not been affec.........
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