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February 20, 2017
CEFC China Energy wins 4 percent stake in UAE oil project
The United Arab Emirates' main state oil company has agreed to give CEFC China Energy a 4 percent stake in a major onshore ...
February 19, 2017
UAE seals deal with China's CNPC for onshore oil project
The United Arab Emirates' main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake ...
January 09, 2017
Oil tycoon Pickens back at work after suffering mini-stroke
Oil tycoon T. Boone Pickens is recovering after suffering a mini-stroke last month. Jay Rosser, Pickens' chief of staff, said ...
December 28, 2016
BP buys Woolworths fuel business in Australia for $1.3 bln
Oil company BP says it has agreed to buy the fuel business of Australian supermarket chain Woolworths Ltd for $1.3 billion ...
December 17, 2016
BP signs onshore oil deal with Abu Dhabi worth $2.22 billion
BP PLC signed a $2.22-billion deal Saturday restoring its share of an onshore oil block in Abu Dhabi by agreeing to give the ...
December 14, 2016
BP relocating onshore division from Houston to Denver
Oil and gas company BP said Wednesday it will move headquarters staff for its onshore division from Houston to Denver because ...
December 06, 2016
Mexico awards first deep-water oil agreement
Mexico's state-owned oil company Pemex said Monday that it has awarded its first contract with a private firm for a joint ...
October 03, 2016
Iran sells fuel condensate to BP
Iran's semi-official Mehr news agency is reporting that the country has sold fuel condensate to BP and another firm for the ...
September 27, 2016
Iraq opens new antiquities museum in Basra
Iraq opened a new antiquities museum in the southern city of Basra on Tuesday with pottery, coins and other artifacts dating ...
September 26, 2016
Egypt's president calls for unity after migrant boat tragedy
President Abdel-Fattah el-Sissi said on Monday that Egyptians must join hands with the government to prevent a repeat of the ...
September 23, 2016
Fed wants to put new limits on banks' commodities activities
The Federal Reserve wants to put new limits on big banks' activities in physical commodities businesses, with an eye to ...
September 21, 2016
APNewsBreak: Report questions Louisiana fish safety testing
Gulf oil spill recovery money intended for testing to ensure fish caught off Louisiana were safe for consumers instead paid ...
September 20, 2016
AAA research finds people waste money on premium gas
There is no sense paying a premium for premium gasoline if your car is designed to run on regular, according to research by ...
August 24, 2016
Dismal time for Gulf oil = record low lease bidding
The federal government's annual sale of oil and gas leases in the Gulf of Mexico attracted hardly any interest on Wednesday, ...
August 24, 2016
The Latest: Dismal oil tract sale results due to low prices
The Latest on federal oil lease sale (all times local): 10:15 a.m. A federal official says low oil prices are the reason few ...