The global agreement on oil output cuts reached between OPEC and non-OPEC nations is working, keeping oil prices within "a reasonable range", the RIA news agency cited Russian Prime Minister Dmitry Medvedev as saying on Tuesday.
LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend…
Freeport LNG, a U.S. company that exports liquefied gas, said Wednesday it had closed its Texas plant on Jan. 21, due to…
Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has engaged Finlay Johnston…
For any business, ensuring the health and safety of its employees should be the number one priority – what is more, it’s…
Specialist drilling waste management company, TWMA, has been announced as a finalist in this year’s SPE Offshore Achievement…
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for…
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book…
The Department of Homeland Security announced on Tuesday that the United States had banned imports of 37 companies from China…
Norway's Energy Minister said that in the annual licensing round held on Tuesday, 20 companies received stakes in 53 offshore…
Donald Trump will issue a series of executive orders and directions after his inauguration as U.S. President on Monday to…
These are the most popular stories from the New York Times' business pages. These stories have not been verified and we cannot vouch their accuracy.
Sovcomflot - the largest Russian tanker company - said that the new U.S. Sanctions would cause additional operational difficulties.
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