The House Oversight Committee Wednesday subpoenaed Secretary of State John Kerry for documents related to the review process on the Keystone XL pipeline, saying the department has been "uncooperative.

According to the Baker Hughes offshore rig statistics, Latin America’s rig count is 62, down from 69 a month ago and down from 70 a year ago.

Italy’s Saipem confirmed it has received notification of the termination for convenience of the South Stream BV contract.

Logitel Offshore, a provider of floating accommodation units known as flotels, has entered into an agreement with COSCO to delay deliveries of two flotels.

Oil’s biggest slump in four years will lose momentum because the plunge in Chinese equities and Greece’s economic crisis won’t dent global demand, according to Morgan Stanley, UBS Group AG and Societe Generale SA.

Late June 2015, the jacket for the new Statoil-operated Gina Krog platform was launched on the field in the Norwegian part of the North Sea.

Oil producer Premier Oil has increased its 2015 exploration budget by $20 million to account for higher investments in its drilling campaign in the Falkland Islands, the company said in a trading update on Thursday.

Chevron has reached a major project milestone, as the sail-away and installation of the Alder Project’s topsides module in the Central North Sea, has been completed.

Ithaca Energy Inc.

Singapore’s EMAS AMC, together with India’s Larsen & Toubro Hydrocarbon Engineering (LTHE), has secured a six year long term agreement with Saudi Arabian oil company, Saudi Aramco.