Oil & Gas

Subscribe

According to the Associated Press, the Iraqi Oil Ministry this month will announce the first round of tenders to develop several vast oil fields, a spokesman said recently.About 35 out

According to Reuters, Titus Naikuni, the chief executive of Kenya Airways, one of Africa''s most successful airlines, said recently that its profits could entirely disappear if fuel costs keep rising.Like

The Associated Press is reporting that police in southern Brazil recently fired rubber bullets and tear gas at protesters who tried to invade a supermarket to protest high food prices,

Reuters is reporting that airlines must slash unprofitable routes and raise passenger ticket prices to survive an industry disaster threatened by high fuel prices, Brazilian aircraft manufacturer Embraer warned

According to the Associated Press, jams and jellies maker J.M. Smucker is adding coffee to its menu of brands by buying Folgers from consumer products company Procter & Gamble (P&G)

The Associated Press is reporting that Bolivia''s government says it will pay $240 million to Royal Dutch Shell and Ashmore Energy International for their shares in nationalized gas pipeline company

According to Reuters, leaders from northern and southern Sudan are close to a deal on ending clashes over a contested oil town that have raised fears of a return to

The Associated Press is reporting that the CEO of France''s Total SA, Christophe de Margerie, said recently that consumers should get used high oil prices, predicting no let up in

Reuters is reporting that Exxon Mobil Corp. is still pursuing arbitration with Venezuela over the OPEC nation''s 2007 nationalization of the Cerro Negro heavy oil project, a company executive told

According to the Associated Press, a unit of BP PLC said recently it signed a deal with a Panamanian company to transport crude oil via pipeline from the Atlantic side