Oil

BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65

The International Chamber of Shipping (ICS), whose members represent more than 80% of the world’s merchant fleet, has expressed disappointment and

CARACAS–Venezuelan state oil monopoly Petroleos de Venezuela, or PdVSA, signed a 15-year crude supply contract with India’s Reliance Industries

(Bloomberg) — The Obama administration will report today that Iran’s state-owned oil company is linked to a military unit sanctioned for weapons

(Bloomberg) — The Louisiana Offshore Oil Port, the largest waterborne petroleum import terminal in the U.S., has begun to receive tankers of domestic

(Bloomberg) — The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a

LONDON–Up to 4 million barrels of North Sea Forties crude oil, the main component of global pricing benchmark Brent, are set to leave the region for

AMSTERDAM–Dutch dredging and maritime services provider Royal Boskalis Westminster N.V. (BOKA.AE) said Thursday that its Smit Lamnalco associate has been

While Venezuelan officials maintain that a recent major fire at the country’s largest refinery last month hasn’t hurt its oil business, the

Maersk Oil, the oil and gas-producing arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), is well on track to surpass its daily

(Bloomberg) — Rising gasoline prices and production cuts tied to a storm named Isaac churning across the Gulf of Mexico have some energy analysts

Asian refiners will reduce imports of West African crude in September by 9.4 percent from August to near the lowest level this year, a survey of six traders

Increased Asian imports of West African oil may lift demand for very large crude carriers as daily rates stay below $15,000, according to the Baltic and

LONDON–Falkland Oil & Gas Ltd. (FOGL.LN) said Monday that a second large international oil company has taken a significant interest in its South

(Bloomberg) — U.S.-led sanctions against Iran are costing OPEC’s third-largest producer $133 million a day in lost sales without raising global

(Bloomberg) — Oil in New York headed for the first monthly increase since April before meetings of central bank policy makers to discuss the economy and

(Bloomberg) — Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the

(Bloomberg) — Nigeria, Africa’s largest oil producer, plans to increase exports of Akpo crude to six cargoes of 1 million barrels each in

BEIJING- (Dow Jones)-China’s CNOOC Ltd. (0883.HK) said Monday it has reached an agreement to acquire Canadian oil and gas producer Nexen Inc. (NXY) for

(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month