Wood Group has received a letter of award for a new five year, US$ multi-million contract with Shell, to provide services to four onshore oil fields in Gabon.

BP and Emerson have signed a global agreement for Emerson Process Management, a global business of Emerson, to provide automation technologies and aftercare services for BP’s upstream oil and gas operations.

Saudi Arabia's attempt to crush the US shale industry is backfiring.

Oman, the biggest oil producer in the Middle East outside OPEC, said its crude and condensate production in July exceeded 1 MMbopd for the first time.

Oil prices fell towards six-year lows on Monday after data showed Japan's economy contracted and producers in the United States added drilling rigs for a fourth straight week despite a recent rout in prices.

KrisEnergy Ltd.

Santos, an Australian oil and gas company, has denied reports it is planning to launch an equity raising.

The California Division of Occupational Safety and Health ordered Exxon Mobil to pay $566,600 in fines on Thursday for violations tied to a February refinery blast in Torrance, California.

Schlumberger, the world’s largest oilfield services provider, is selling its management and consulting unit Schlumberger Business Consulting.

Rosneft’s subsidiary, RN-Brasil, has registered as a participant in the 13th license round organized by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil).