BP shares fell 23p to 610.5p as word went around the market that the company was advising analysts to lower their forecasts for the fourth quarter. While BP denied this was the case, it is true that it had rung analysts to get their estimates ahead...

Sarah Hall’s novel The Carhullan Army, which won this year’s John Llewellyn Rhys prize for literature, paints a bleak portrait of a world where the oil has almost run out. Set in the not-too-distant future, the Orwellian novel describes...

Petroleos Mexicanos, need to repair its rig, the last october got a big oil disaster. Now Global Offshore Mexico, S. de R.L. de C.V, has been awarded additional work amounting to about $40 million by the national oil company of Mexico. The Ixtal...

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Como ya hace mucho, creo hoy oportuno sumarme a una nuevainiciativa de un grupo de emprendedores que desean sumar puntos frente a la red que es muy amplia. En el pasado he participado en un par de iniciativas similares, mi experiencia es que estas...

The United Nations will lead an eight-person team of marine pollution and civil protection experts being deployed today to assess the 7 December oil spill in the Republic of Korea, the worst in the Asian nation’s history. The team will...

Kazakhstan wants either to raise its stake or receive compensation for cost overruns and delays in the Kashagan offshore field, the world’s largest oil find in more than three decades, the Kazakh president, Nursultan Nazarbayev, said...

Norway-based offshore rig contractor, Seadrill, has made a voluntary offer for relatively new drill-rig owner Aker Drilling, a bid that values the junior entity at NOK3.77 billion ($683 million). Shareholders are offered NOK40.50 per share....

Putin, Lukashenka Meet for Tête-à-tête in Minsk Presidents of Russia and Belarus agreed on Friday that Belarus will get a loan of $1.5 billion to pay higher price for Russiaa’s natural gas. Kommersanta’s special correspondent...

energyPICS posted a photo: Russian President Vladimir Putin (C), Belarusian President Alexander Lukashenka (R), and Russian Prime Minister Viktor Zubkov (L) meet during Putin’s official visit to Minsk, December 14, 2007.... ...