Qatar’s sovereign wealth fund is weighing more asset sales after reducing holdings in Credit Suisse Group AG and Rosneft PJSC to support the country’s economy amid a standoff with its neighbors, according to people familiar with the matter.

Drilling firm Rowan Cos.

Alpha Petroleum Resources has inked a contract with Awilco Drilling for drilling 18 development wells on its Cheviot field development in UK North Sea.

The global glut plaguing liquefied natural gas markets may start to dwindle in five years, threatening to spur a deficit equivalent to twice the output of leading producer Qatar.

When Total SA warned last month it was ready for acquisitions, U.

NHV will support this project utilising the state-of-the-art H175 aircraft, an Airbus Helicopter’s Super Medium type.

Dramatic passenger-shot video of an offshore helicopter ditching and rescue off Malaysia has recently emerged.

With the help of a 'Big Wind' During the Persian Gulf war in 1991, when Iraqi forces retreated from their invasion of Kuwait, the Iraqis set fire to over 700 oil wells while coalition troops advanced.

The oil market's 10 percent surge on Thursday offered a visceral reminder that many of its most active participants could not care less about global oil inventories, Saudi Arabia’s stressed finances or the American shale revolution.

At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt.