Brazil’s state-run oil company Petrobras, which slashed its five-year spending plan by 40 per cent in June, will likely cut...
Some US oil producers are trying to sell parts of their lucrative saltwater disposal businesses in a sign that cheap crude is already forcing cash-starved companies to...
Engen terminal to boost securityCAPE TOWN: Engen, majority owned by Malaysia’s national oil company, has opened a new 24,000 cubic metre terminal in Mozambique that will...
US energy firms cut oil rigs for a second week in a row, data showed, a sign the latest price declines may be causing some drillers to put on hold their recently...
In shale strongholds of North Dakota and Texas, physical crude grades are trading at the highest premiums to futures prices in years, offering a glimmer of hope that a...
