Oil markets remain on edge as hostilities continue in the Gulf. Kuwait Petroleum Corporation said on Tuesday that its Al Salmi…
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Mostafa AlGuezeri of Hitachi Energy talks about supplying clean electricity to support ADNOC’s offshore production.
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Canada's Lundin Mining has sold mines in Sweden and Portugal to Boliden for USD 1.3 billion.
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Swedish green steel producer Stegra will buy 6 TWh from German energy company Uniper to power its Boden plant.
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Shafi Taleb Al-Ajmi, president and CEO of Kuwait Petroleum International (KPI), talks to The Energy Year about the company’s strategic operations and the importance…
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Oil was up Wednesday morning after the U.S. reported a surprise draw in crude oil supplies.
Brent oil futures edged up 0.27% to $68.66 by 09:20 AM GMT and WTI…
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Lundin Petroleum will cut spending by about a quarter compared to last year, the Swedish oil producer announced today.
The company’s development budget for 2016 is…
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Drilling has begun on well 16/4-10 on the Fosen prospect, Sweden’s independent Lundin Petroeum announced Monday.
The semi-submersible Island Innovator will test…
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Transocean and Shell have decided to delay the delivery and operating contracts of two newbuild drillships for a year, the offshore drilling contractor announced in a…
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Swedish oil and gas company Tethys Petroleum saw its shares surge by about 20 percent on Monday morning, related to talks with the Netherlands’ Nostrum Oil & Gas…
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