Total is buying Maersk’s oil and gas business in a $7.45 billion deal which the French major said would strengthen its operations in the North Sea and raise its output to...
Australia’s Oil Search Ltd reported a five-fold jump in half-year profit on higher oil and gas prices and lower costs, and said it expects its partners to agree by the...
Russian oil major Rosneft and partners closed their $12.9 billion purchase of Indian refiner Essar Oil, giving them a foothold in one of the world’s fastest growing oil...
Brazil floated a proposal to cede control of the country’s biggest power utility, Eletrobras, in the boldest privatisation yet by a government struggling to close a...
A US-led "blockade" has hurt Venezuelan state oil company PDVSA’s capacity to undertake routine financial transactions, and forced it to rely on political allies like...
