In what industry observers say is the first purchase of greenhouse gas emissions credits by a US oil company, Murphy Oil USA Inc. has agreed to buy credits for up to 210,000 tonnes...
Higher commodity prices, more production, and increased drilling activity improved third quarter profits for many oil and gas companies based in the US.
The merger and acquisition (M&A) bug continues to bite indiscriminately at both upstream and downstream companies, while other companies are forming strategic partnerships.
Four production hikes and, according to Organization of Petroleum Exporting Countries figures, over 3.7 million b/d later, OPEC's attempts to steady the price of crude have come...
US oil and gas merger and acquisition activity fell sharply in the third quarter, but the trend is shifting toward asset sales and away from stock deals.
Demise of single-hull, ocean-going oil tankers moved much closer last month when the UN's International Maritime Organization (IMO) took its "first, formal step" towards a global...
Kuwaiti Oil Minister Saud Nasser Al-Sabah last week disclosed that Iraq blocked Saudi Arabia's candidate, Suleiman Jasir Al-Herbish, from being elected secretary general of the...
Companies' internet websites have become the resource of first resort for business reporters' research, indeed for anyone needing information about a company's doings.
The delicate political balance emerging from this month's general election in the US adds importance to a future Supreme Court decision already crucial to the oil and gas industry...
Demise of single-hull, ocean-going oil tankers moved much closer last month when the UN's International Maritime Organization (IMO) took its "first, formal step" towards a global...