13.02.2013
- Total plans to raise its exploration budget in 2013 under an investment policy that takes advantage of high oil prices and financing from large-scale asset sales. The world's fifth...
05.02.2013
- Shrinking British oil company BP announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when...
01.02.2013
- Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...
01.02.2013
- Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for Exxon Mobil and Chevron, the two largest U.S. oil companies. A flood of oil produced from...
28.01.2013
- A senior Indonesian official has called for U.S. energy group Exxon Mobil to replace its country manager after delays at one of its major oilfields, fuelling concerns about state...
24.12.2012
- Rosneft, seeking to wrap up Russia's largest-ever takeover deal, has raised $16.8 billion in bank loans and signed long-term supply deals with two leading oil traders that could be...
04.12.2012
- Germany's Wintershall has made what could be a major oil discovery in the Dutch North Sea, pending appraisal drilling in 2013, the company said on Tuesday. Wintershall, the...
30.11.2012
- Rosneft, Russia's biggest oil company, should sign a binding agreement next month to buy half of oil company TNK-BP from the AAR consortium of Soviet-born tycoons for $28 billion....
