2015

Saudi Aramco will increase its spending on research and development in 2015, despite the falling price of oil.

Talisman Energy Inc., the Canadian energy firm being taken over by Spain’s Respol SA, has joined an expanding list of oil-and-gas producers who are cutting jobs and shaving capital budgets as oil prices continue to slump.

Malaysia's Petroliam Nasional Bhd (Petronas) plans to use the $5 billion it raised in Asia's largest bond offering so far this year for corporate expenses as well as possible acquisitions, the company said.

Norwegian energy firm Statoil has made a gas discovery near the Aasta Hansteen field in the northern part of the Norwegian Sea, the company said on Tuesday.

U.S. oil and gas major ExxonMobil has asked the Russian government to reimburse taxes worth "several billion roubles" it says it overpaid on a project in the far east of Russia.

Statoil ASA plans to drill four wells in Russia with state oil company OAO Rosneft, targeting heavy oil fields, showing Norway’s biggest energy producer is deepening its involvement in the country against the backdrop of international sanctions.

The Fallout from Lower Oil Prices

Steady climb in global demand growth prompts slight upward revision of 2015 forecast.

Removing U.S. oil ban would create jobs beyond drilling

The US drilling rig count plunged 67 units—64 on land and 56 targeting oil—to settle at 1,125 rigs working during the week ended Mar. 13, according to data from Baker Hughes Inc.