Mexico waited 77 years to invite foreign oil producers back into its borders.

Russia’s biggest private oil producer Lukoil has no plans to leave Romania or change the management of its Petrotel refinery, said Lukoil Vice President Thomas Mueller.

Global powers and Iran have today in Vienna reached what has been described as a historic deal, where Iran agreed it would scale down its nuclear program, in return for the crippling economic sanctions being eased and eventually lifted against the oil and gas rich Middle Eastern nation.

Norway’s government, which is fighting a lawsuit from international investors over gas pipeline tariff cuts, criticized plaintiffs including Allianz SE for running up court fees of almost $11 million.

Paragon Offshore, a provider of offshore drilling rigs, has stacked two jack-up drilling rigs, one in Malaysia and another one in Cameroon, and it will be stacking four jack-ups in the U.

Permasense, a leading provider of remote monitoring solutions to the global energy industry, has opened an Aberdeen office to demonstrate its commitment to upstream clients.

An icebreaker which will support Shell’s drilling operations in the Chukchi Sea offshore Alaska, will be repaired in Portland, after suffering a damage to the hull while navigating through the Unalaska Bay.

DOF Management confirmed there has been a fatal incident on board the Skandi Pacific today, 14.

The nuclear accord reached in Vienna on Tuesday could eventually reshape global oil markets.

Maersk Drilling has decided to decommission the jack-up rig Maersk Endurer from the fleet and recycle it with Zhoushan Changhong International Ship Recycling in China.