Total SA, Europe’s third-biggest energy producer, said its Usan offshore oil field in Nigeria will start production by the end of March at a rate of 180,000 barrels a day.
India's Bharat Petroleum has turned to Saudi Arabia, the world's top oil exporter, for higher supplies in 2012/13, fearing global sanctions may jeopardise trade with Iran, industry sources said on Wed
Royal Dutch Shell promoted the head of its business in Qatar to director of international exploration and production, replacing a veteran who lost the race to the top job at Europe's largest oil compa
US energy giant Exxon Mobil signed 20-year oil licence renewals on Nigerian assets producing around 550,000 barrels per day on Wednesday, the company's country manager said, ending months of negotiati
An industry body for Japan's steelmakers, the nation's biggest electricity users, urged the early restart of nuclear power plants on Wednesday, worried that potential power cuts and higher electricity
Malaysian tycoon Ananda Krishnan has put his entire power portfolio in Malaysia, South Asia, the Middle East and Egypt up for sale in a deal that could raise more than $2 billion, three sources famili
Royal Dutch Shell Plc has made an agreed £992.4 million ($1.6 billion) bid for Mozambique-focused Cove Energy, offering a full price to open up a new gas frontier for the Anglo-Dutch oil major in Eas
Indian utility executives, including Reliance Power Ltd Chairman Anil Ambani, plan to ask the government for faster environmental approvals for coal mines to help increase electricity generation and e
Austrian energy group OMV will try to get its oil output from Libya above pre-war levels this year, the company said while reporting fourth-quarter results that easily beat market expectations.
Profits from making naphtha in Asia rose to the highest in three weeks on signs European exports of the fuel are falling. Processing losses from fuel oil were at the widest in two months.
