LUKOIL has published consolidated US GAAP financial statements for 2014. The Company’s 2014 net income reached $4,746 million. EBITDA reached $15,982 million in 2014.

Onshore and offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices.

Petróleo Brasileiro SA plans to dispose of as much as $13.7 billion in assets this year and next as part of efforts by Brazil's largest state-controlled company to reduce debt and protect cash.

Oil production in federal Gulf of Mexico expected to continue increasing

John Browne, the former chief executive of BP, will take charge of a $10 billion oil and gas venture backed by Russian billionaire Mikhail Fridman to help it expand internationally through partnerships and acquisitions, the Financial Times reported.

The UK has blocked the sale of North Sea gasfields from Germany’s RWE to a multibillion-dollar investment fund backed by Russian billionaire Mikhail Fridman.

«Для поддержания текущего уровня добычи мы должны будем бурить не 20 млн погонных метров, как сейчас, а 30 млн. Это приведет к увеличению ввода с 6 до 9 тыс. скважин ежегодно. Такие объемы потребуют увеличения количества буровых бригад примерно на 60%. А с учетом того, что западные подрядчики сворачивают работу на территории России, такие действия весьма сомнительны»

Россия готова рассмотреть заявки Китая на получение доли свыше 50% в стратегических нефтегазовых месторождениях РФ

Brazil's state-run oil company Petrobras' debt was downgraded to junk status on Tuesday by Moody's Investors Service. Moody’s Lowers Rating of 5 Russian Companies, Including Transneft.

“Why do you want to rock the markets? The markets are calm. Demand is growing,” al-Naimi told reporters in Jazan, Saudi Arabia.