Asia's largest oil refiner Sinopec Corp, which on Thursday posted a 12 percent fall in quarterly earnings, aims to use part of $17.5 billion in proceeds from a stake sale to boost shale gas production and lower debt.

Asian buyers line up for Mozambican LNG with new deals

Rosneft Oil Company is astonished by the publication in the Kommersant Newspaper that refers to participation of the company in preparation of some "proposals" related to counter sanctions.

OPEC Head Tells Oil Market to Stop Panicking About Prices

9M14 results: new unique field discovered in the Kara Sea, daily HC production increased by 5.0%, free cash flow increased by a factor of 2.7, EBITDA increased by 28.9%, declared dividend payout of 136 bln rubles

Crude Falls on Federal Reserve Stimulus Halt, U.S. Supply

Chevron sanctions Stampede offshore development project in the Gulf of Mexico

PetroChina, the nation’s biggest explorer, posted its lowest profit in eight quarters yesterday, while Cnooc Ltd., which only reports quarterly sales, saw a decline of 4.6 percent.

When energy analysts and the media discuss the price of crude oil, they are typically referring to one of a small group of specific types of crude oil that are widely and actively bought and sold. The use of such benchmark crudes makes it easier for buyers and sellers to price the variety of crudes that are produced around the world.

Mexico is poised to redraft part of next year’s federal budget after a steep fall in oil prices upended the country’s revenue assumptions.

The European Union's executive body is close to signing off on two disbursement of loans promised to Ukraine that would give Kiev about EUR760 million ($965 million) in additional funding by the end of the year, two senior officials said Tuesday.

"Роснефть" предложила президенту Владимиру Путину целый комплекс мер по поддержке экономики в условиях кризиса и санкций. Список обширен — от ограничения захоронений ядерных отходов до фактической экспроприации иностранного оборудования. Часть мер выглядит откровенным выпадом даже не против Запада, а против "Газпрома", позиции которого на рынке газа пытается оспаривать "Роснефть". В основном же компания требует беспрецедентных льгот для отрасли и самой себя.

BP today reported its financial results for the third quarter of 2014. Underlying replacement cost profit1 for the quarter was $3.0 billion, compared with $3.7 billion for the same period in 2013. Operating cash flow for the quarter was $9.4 billion, compared with $6.3 billion in 3Q 2013. Total operating cash flow for the first nine months of 2014 was $25.5 billion.

Integrated oil and gas (IOG) companies Gazprom and Rosneft Oil Company represented Russia in the top 10 positions of the 2014Platts Top 250 Global Energy Company Rankings®, unveiled Tuesday at the ninth annual Platts Top 250 Asia Awards Dinner in Singapore.

Saipem has been awarded a new Engineering & Construction contract in Saudi Arabia and new Drilling contracts in the Middle East and in Latin America cumulatively valued approximately $2 billion.