BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion.

China has announced a 5% tariff on imported US crude oil in retaliation for US President Donald Trump’s recent escalation of the countries’ trade war.

India finds a partner in the UAE to achieve its ambitious dream of achieving a $5 trillion economy, Prime Minister Narendra Modi told the Emirates News Agency, WAM, in an exclusive interview.

Dubai and China have expressed keenness to enhance cooperation in energy-related areas, especially clean and renewable energy.

David Koch, the industrialist and libertarian who used his fortune to transform American politics while also donating more than $1 billion to philanthropic causes, has died. He was 79.

Moody's has lowered the outlook for the North American coal industry to negative from stable, the rating agency says in a new report.

Moody's Investors Service (Moody's) affirmed the Ba2 corporate family rating of Petroleo Brasileiro S.A. - PETROBRAS (Petrobras). Simultaneously, Moody's raised the company's baseline credit assessment (BCA) to ba2 from ba3. The actions were triggered by the company's continued success in improving its credit metrics and liquidity position. The rating outlook is stable.

members of the Organization of the Petroleum Exporting Countries (OPEC) earned almost $711 billion in net oil export revenues in 2018

Rosneft last week asked buyers to use the euro as the default currency for the first time in a spot tender to sell naphtha

The Abu Dhabi National Oil Company (ADNOC) announced, today, the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the three contracts awarded is one of the world’s largest in this category, maximizing value for ADNOC across its drilling value chain and underpinning its strategy to deliver a more profitable upstream business.

Woodfibre LNG, a subsidiary of Singapore-based Pacific Oil and Gas Ltd., is finalizing its engineering, procurement and construction contract, which company president David Keane expects to sign “at the end of the summer or shortly thereafter” before construction begins on the LNG export facility in Squamish, British Columbia.

Norway's the Government Pension Fund Global returned 3.0 percent, or 256 billion kroner, in the second quarter of 2019.

Rosneft's hydrocarbon production in H1 2019 amounted to 5.81 mmboed (141.8 mmtoe for the half-year), exceeding H1 2018 level by 1.8%.

India will require US$500 – 700 billion in renewable energy and supporting grid investment over the coming decade in order to meet its renewable energy targets

The sum total in June of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $1.7 billion. Of this, net foreign private inflows were $6.1 billion, and net foreign official outflows were $4.5 billion.