Aker Solutions started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.

National Oilwell Varco, Inc. (NYSE: NOV) announced today that its Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company's outstanding common stock.

Asia is getting a greater choice of crude from Alaska North Slope to Venezuela’s Carabobo and Iraqi Basrah Light as the U.S. shale boom cuts American demand for overseas oil.

Партнеры «Роснефти», вынужденные уйти из-за санкций, будут иметь опцион на возврат.

The most powerful man in Russia’s oil industry says U.S. sanctions won’t prevent the development of discoveries in the Arctic Ocean.

The head of OAO Rosneft (ROSN) said maintaining dividends is a “sacred obligation” for Russia’s largest oil company as sanctions limit its financial flexibility.

At The Riga Conference 2014, the annual high-level meeting in its 9th year of local, EU and global security policy-makers and experts, energy security issues were featured prominently during debates.

По итогам полугодия «Газпром нефть» сохранила лидерство в отрасли по темпам прироста добычи и увеличению объемов переработки нефти, а также по таким показателям эффективности, как возврат на вложенный капитал и удельный операционный денежный поток на баррель нефтяного эквивалента.

Moldova faces a tough road in its bid to reduce dependence on Russian natural gas.

Encana of Canada has become the latest company working in North America’s shale reserves to make a leap to reduce its reliance on gas, and increase its oil production, by agreeing a $7.1bn deal to buy US-listed Athlon Energy.

Argentina’s YPF and Malaysia’s Petronas are negotiating a joint-venture with Mexico’s Pemex – possibly starting with shallow water fields – in a bid to become the first foreign oil companies to seize the opportunities of Mexico’s energy reform.

The chairman of a Philippine energy company said Friday a Chinese state-owned oil producer hasn't responded to a revived proposal to jointly explore a disputed area of the South China Sea but drilling will go ahead by 2016 with or without a partnership.

The Company’s representatives made a report on RN-Shelf-Arctic’s experience in implementing marine animals protection plans during geological survey in the Barents Sea.

Russia, Ukraine and the European Union moved closer to sealing the deal, with European Commissioner Günther Oettinger announcing on Friday that there is a high probability of signing a binding interim agreement by the end of next week.

Russia Says Arctic Well Drilled With Exxon Strikes Oil