Norwegian firms create oil giant
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Norwegian energy giants Statoil and Norsk Hydro unveil plans to merge their offshore oil and natural gas operations.
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ExxonMobil Chemical Technology Licensing LLC and S-Oil Corporation today  announced the successful start-up of ExxonMobil's PxMax technology at  S-Oil's Onsan refinery and chemical complex in South Korea.
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A major Indian state-owned oil company signs up to a joint venture to  develop a gas field and liquefaction plant in Iran.
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LONDON -- Oil scaled a new high above $55 a barrel Monday as a threat by Norwegian ship owners to halt production from the world&#39;s third biggest exporter stoked fears of a winter supply crunch.
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Major oil companies are playing a bigger role in the search for oil and gas from unconventional sources, consultants Wood Mackenzie said on Monday.
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Russia's state-controlled natural gas giant OAO Gazprom said Wednesday it had obtained large stakes in two joint-venture projects to develop major gas and oil fields, the latest in its moves to become one of the world's largest energy companies.
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Norway&#39;s Prime Minister Jens Stoltenberg  has appointed Aaslaug Haga as the country&#39;s new Petroleum and  Energy Minister, his office said on Friday.
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Directors at Gazprom, the largest natural gas company in the world, approved the creation of an oil holding company Friday, setting the stage for the creation of a state-controlled oil and gas giant and cementing the Russian government's influence in the politically important oil sector.
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Norway's oil production faces a crisis in mid-November with a threat by oil sector groups to stage a lock-out to end industrial action which has weighed on the industry since July.
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The Anglo-Dutch oil firm sets out to woo investors by explaining how it will boost its oil reserves.
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Tripoli sets outs transparent bidding process for foreign firms to woo investment for sanctions-hit oil sector. By Hassen Zenati - TRIPOLI.
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FAROE Petroleum, the Aim-listed oil and gas minnow, will today be awarded exploration rights from the Faroe Islands' second-round licensing for two new sites in the North Atlantic margin area.
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Norway's Norsk Hydro and Statoil have agreed to merge the two groups' oil and gas activities to create a national champion, the companies said on Monday.Comment
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Imperial Oil Ltd and Exxon  Mobil Corp turned heads in the oil industry in July with a  nearly $600 million bid that won them a big exploration block  in Canada's Beaufort Sea.
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Norwegian firm Hydro and Qatar's state energy company signed a deal to build one of world's largest aluminium plants in the gas-rich Gulf state at a cost of three billion dollars.
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What could be a major discovery of domestic oil in the Gulf of Mexico was announced today by a trio of companies led by Chevron Corporation.
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Russian natural gas monopoly OAO Gazprom said it has chosen France's Total SA as a partner to develop the giant Shtokman gas field in the Barents Sea.