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By Associated Foreign Press - AFP
Crude oil futures dropped in Asian trading Tuesday after the International Monetary Fund cut its global growth forecast for 2013.
By Alternative Associated Press
The International Monetary Fund on Monday cut its global growth forecast and warned that the outlook could dim further if policymakers in Europe do not act with enough force and speed to quell their region''s debt crisis.
By Milton Financials
A final agreement could be reached by mid-2011 after five years of negotiations.
By Milton Financials
Thailand’s largest energy explorer moves its focus to foreign fields.
By Milton Financials
Oil and gas exploration firm Energy XXI will increase its reserves and production by over 70% with the latest addition of Exxon’s shallow water fields in the Gulf of Mexico.
By Milton Financials
Oil industry groups appeal to U.S. lawmakers for more finance for the federal offshore drilling regulator to speed up permit and environmental reviews.
By Milton Financials
Latest deal is part of BP’s campaign to sell assets to pay for Gulf of Mexico oil spill.
By Regal Group International
Oklahoma based natural gas firm secures 86,000 acres in North Dakota in $925 million deal.
By Milton Financials
Major oil companies are repositioning as natural gas producers as oil reserves become increasingly difficult to reach.
By Regal Group International
Increasing demand from China and India and dwindling supplies will drive crude to a near peak by 2035.
By Milton Financials
The UK government has awarded seven new exploration licenses to the oil firm responsible for the Gulf of Mexico oil spill.
By Regal Group International
Chevron has agreed to acquire U.S. natural gas producer Atlas Energy for $3.2 billion excluding debt, giving the oil giant a stake in the rapidly growing Marcellus shale field.
By Regal Group International
Shell announces that it intends to sell almost a third of its Woodside Petroleum interest for around $3.35 billion, nine years after it failed to take over the firm.
By Regal Group International
U.S. Federal Reserve stimulus measures weakening the dollar could send investors after raw materials.
By Milton Financials
The world’s largest oil producer saw production up 2% against October last year.
By Regal Group International
The two Middle East nations may be nearing an agreement on the fields straddling their border.
By Regal Group International
BP Plc says its experience will guide its drilling in the U.S. Gulf for 20 years.
By Milton Financials
Betting on a gas recovery EXCO Recourses boss Douglas Miller bids for the company.
By Regal Group International
Russia’s natural gas giant may seek foreign investment because of limitations in the Ruble debt market.
By Milton Financials
OPEC members believe Russia may hold the strength to support oil output quotas.
By Regal Group International
A $26 million lass posted by the Texas oil firm owning a stake in Bp Plc’s damaged Gulf of Mexico well.
By Regal Group International
Latest estimates of the Brazilian government owned Libra field could make it the largest crude discovery in the America’s in 30 years.
By Regal Group International
The world’s largest publicly traded oil firm announces a 55% increase in quarterly profits, on higher crude prices and wider refining margins.
By Milton Financials
U.S oil giant says profits more than double on recovering energy demand.
By Regal Group International
Asia’s largest firm by market value posts results ahead of estimates with a 13% gain in the third quarter.
By Milton Financials
Japans Marubeni Corp. is to pay BP $650 million for four of its deepwater fields in the Gulf of Mexico.
By Milton Financials
The global supertanker fleet is expanding nine times faster than the demand for oil.
By Regal Group International
BP’s new Chief Executive Officer Robert Dudley is under increasing pressure to lift the share price as the company falls further behind Royal Dutch Shell.
By Regal Group International
The Russian government is to sell a stake in its biggest oil producer as it seeks to raise $59 billion over five years to reduce its deficit.
By Regal Group International
Australia’s largest oil and gas producer intends spending a record $900 million on petroleum exploration in the financial year ending June 2011.

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