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Pakistan's fuel oil demand is expected to fall sharply over the next three years as growing LNG imports help the country move to a gas-based...

Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to data through August, up from 3.2 million b/d in 2016, making...

zoom Fugro’s shareholders have appointed Øystein Løseth as member of the board of management at today’s extraordinary general meeting. Løseth was nominated by the supervisory board of Fugro in October...

zoomExxonMobil CEO Darren Woods ExxonMobil has completed a transaction to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations. The...

The OPEC data below was taken from the December OPEC Monthly Oil Maret Report. All data is through November 2017 unless otherwise noted. OPEC crude oil production declined by 133,500 barrels per...

zoom Impact Subsea has appointed Scholz Ingenieur Büro as a distributor of Impact Subsea products in Germany. Scholz will provide local support for Impact Subsea’s range of underwater altimeters, depth sensors,...

zoom World Bank Group (WBG), a global multilateral development institution, said it will no longer finance upstream oil and gas, after 2019.  The announcement was made during a One Planet Summit on Tuesday by WBG...

The closure of the North Sea Forties pipeline late Monday and a corresponding spike in the Brent-Dubai spread could prompt Asian sweet crude buyers to...