KUWAIT CITY (Bloomberg) -- Kuwait Oil Co. will soon offer contracts for offshore rigs and support services to drill its first undersea wells as the Persian Gulf nation tries to boost crude o.........
see more >>NEW YORK (Bloomberg) -- Hedge funds betting that oils rally was over missed an 11% gain after U.S. crude inventories unexpectedly fell. Short positions in West Texas Intermediate crude jumpe.........
see more >>OTTAWA (Bloomberg) -- Canadas oil and gas companies will slash investments by 35% in 2016, a record two-year decline that underscores a need for new pipelines, the industrys main advocacy gr.........
see more >>NEW YORK (Bloomberg) -- Oil climbed after U.S. crude inventories unexpectedly dropped from the highest level in more than eight decades. Futures rose the most in three weeks in New York. Cru.........
see more >>TOKYO (Bloomberg) -- Inpex Corp., Japans biggest oil and gas explorer, expects to book $606 million in impairment charges for the year just ended, following the collapse in oil and gas price.........
see more >>LONDON (Bloomberg) -- Oil dropped to a one-month low after Saudi Arabias deputy crown prince said his country will freeze output only if Iran follows suit, putting in doubt the prospects of .........
see more >>NEW DELHI (Bloomberg) -- India is open to buying crude from the worlds newest exporters, including the U.S., as it attempts to diversify its supply sources. The worlds fourth-biggest oil con.........
see more >>SHANGHAI (Bloomberg) -- Chinas crude imports will rise further from a record this year to feed its expanding refining sector and strategic reserves, according to Standard Chartered Bank. The.........
see more >>HOUSTON -- OFSCap, LLC, today announced that its affiliate, OFSCap Acquisition, LLC, has acquired The Oil and Gas Asset Clearinghouse from CenterGate Capital. Clearinghouse markets oil and g.........
see more >>WASHINGTON, D.C. (Bloomberg) -- Oil maintained its decline after a U.S. government report showed rising crude stockpiles kept supplies at the highest level in more than eight decades. Crude .........
see more >>ROSTOCK, Germany -- Liebherr-Russland and Lukoil-Nizhnevolzhskneft have signed a new contract for the delivery of a Liebherr RL 1500-30 EX Litronic offshore crane, which is to start operatio.........
see more >>WASHINGTON, D.C. -- The Bureau of Safety and Environmental Enforcement (BSEE) helped oversee and execute a series of test in situ burns in the newly opened burn tank at the Joint Maritime .........
see more >>PITTSBURGH, Pennsylvania (Bloomberg) -- U.S. Steel Corp., the countrys second-biggest producer of the metal, said it will dismiss as many as 770 workers and idle two plants that make product.........
see more >>NEW YORK (Bloomberg) -- The check is not in the mail. Bludgeoned by falling energy prices, at least a dozen oil and natural gas companies have opted to cut dividends this year to preserve ca.........
see more >>NEW YORK (Bloomberg) -- Oil maintained gains after a government report showed a smaller-than-anticipated U.S. crude inventory increase. Crude inventories rose 1.32 MMbbl to 523.2 MMbbl last .........
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