BP

Specialised engineering, construction and services company Subsea 7 announced a major contract award on Thursday that will see the company assist BP and partner DEA of…

Shell has passed fellow super-major Chevron to become the second-biggest non-state oil company after merging with BG Group on Monday.

The merger was launched in…

The Southern Fields project on the giant In Salah venture in Algeria has been green lit, UK super-major BP announced today in a press release.

The project is the…

BP has signed an agreement to invest USD 16 billion in the Khazzan natural gasfield along with state-run Oman Oil, the UK petroleum giant said in a press release…

Major international oil companies have scooped up offshore exploration acreage in the South Porcupine Basin, Irish officials announced on Thursday. Located in…

Total saw a 26% fall in adjusted net income for Q4 2015, falling from USD 2.8 billion the year before to USD 2.1 billion, according to its financial report published…

India’s state-run Oil and Natural Gas Corporation is considering a USD 500-million investment to restore a Venezuelan asset, Bloomberg reported Tuesday.

“We are…

Morgan Stanley expects the oil markets to rebound before the end of 2016 and to gradually reach USD 70 per barrel by year-end 2018, the financial services firm said on…