Oil

By Balazs Koranyi and Michael Shields OSLO/VIENNA, Aug 19 (Reuters) – Norway’s Statoil sold stakes in North Sea oil fields to Austria’s OMV

Aug. 9 (Bloomberg) — China will surpass the U.S. by October to become the world’s biggest net oil importer on a monthly basis, the Energy

GENEVA, Aug 9 (Reuters) – Nigeria will export four cargoes of Bonny Light crude oil in September, a shipping list showed, boosting monthly exports for

July 29 (Bloomberg) — Prince Alwaleed bin Talal, the billionaire owner of stakes in Citigroup Inc. and Time Warner Inc., has written publicly to Saudi

July 23 (Bloomberg) — The Angolan capital Luanda has overtaken Tokyo to become the world’s most expensive city for expatriates in a survey of 214

By Emma Farge GENEVA, July 16 (Reuters) – Angola’s monthly crude exports will slip in September to 1.67 million barrels per day (bpd), a

July 8 (Bloomberg) — West Texas Intermediate crude fluctuated near a 14-month high as U.S. equities climbed while ship traffic in Egypt’s Suez

By Fredrik Dahl VIENNA, June 30 (Reuters) – The top U.S. energy official said he believed the oil market could cope with any further reduction of

Russia's Rosneft has agreed to a $270 billion deal to double oil supplies to

(Bloomberg) Charter rates for the largest oil tankers hauling Middle East crude to Asia slid the most since January this week as the supply of cargoes

BEIJING, May 28 (Reuters) – Top state energy group China National Petroleum Company has completed six oil storage tanks on an island off western Myanmar

(Bloomberg) — Saudi Arabian Oil Co. production rose to a record 9.51 million barrels a day of oil last year, the company said in its annual review.

GENEVA, May 24 (Reuters) – Angolan and Nigerian differentials were under pressure on Friday as some Asian refiners snubbed west African grades in favour

By Andrew Callus LONDON, May 2 (Reuters) – Royal Dutch Shell’s 54-year old chief executive Peter Voser is to retire next year in a surprise early

At the Center for Strategic and International Studies (CSIS) this morning, His Excellency Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources for the

Maersk announced today that the Danish Underground Consortium (DUC) has approved an $800 million expansion of the Tyra Southeast development in the Danish

BP presented their 2030 Energy Outlook at the Center for Strategic and International Studies (CSIS) recently in Washington, DC.  “The Outlook describes

(Bloomberg) — Exxon Mobil Corp., the largest U.S. oil company, said North America may be able to export 15 percent of its natural gas output and 5

With the world’s population headed toward 9.5 billion by 2060 and the rapid growth of emerging economies lifting millions of people out of poverty for

By Melissa Akin MOSCOW (Reuters) – BP, which lost its first deal to drill for oil in Russia’s Arctic to ExxonMobil, tried to negotiate a new deal