Press Releases

Chesapeake sues Cameron for 2011 spill

Chesapeake sues Cameron for 2011 spill

Apr 30, 2013 00:00 SGT
Lawsuit relates to equipment failure in Pennsylvania that dumped toxic fluid into water...

Petrobras profits drop 17%

Petrobras profits drop 17%

Apr 29, 2013 00:00 SGT
Brazil state company continues struggle with production declines

BP eyes 'better technical solutions' for Mad Dog

BP eyes 'better technical solutions' for Mad Dog

Apr 26, 2013 00:00 SGT
Technip chief executive says drilling plans may hold key to reining in costs at GOM dev...

North Dakota passes flaring bill

North Dakota passes flaring bill

Apr 23, 2013 00:00 SGT
State legislature OKs measure to give tax exemptions to companies that capture more pro...

BP Macondo probe ‘left out cost overruns’

BP Macondo probe ‘left out cost overruns’

Mar 28, 2013 16:16 SGT
BP’s investigation of its disastrous 2010 Gulf of Mexico blowout did not address cost o...

Ecuador's Correa cruises to new term

Ecuador's Correa cruises to new term

Feb 17, 2013 16:52 SGT
Strong support for Ecuadorean President Rafael Correa 's re-election will allow the lea...

Vanoil Energy acquires Avana Petroleum for $15m

Vanoil Energy acquires Avana Petroleum for $15m

Nov 22, 2012 20:53 SGT
Canada’s Vanoil Energy has agreed heads of terms to acquire Isle of Man-registered priv...

Aker walks away from NPS deal

Aker walks away from NPS deal

Nov 21, 2012 13:28 SGT
Norway’s Aker Solutions has walked away from a deal to acquire Dubai-based oilfield ser...

Noble quarterly profits slip

Noble quarterly profits slip

Oct 18, 2012 04:29 SGT
Driller Noble Corporation saw its third-quarter profits sink 15% as it battled lower-th...

Brent hovers on stimulus hopes and supply concerns

Brent hovers on stimulus hopes and supply concerns

Jul 26, 2012 10:14 SGT
Brent hovered above $104 per barrel on Thursday, with investors anticipating more US st...