United States

Following the announcement that Rosnedra, the federal subsoil agency within the Russian Natural Resources Ministry, has declined to award state-controlled Rosneft an extension... 2008-08-14

The US Federal Trade Commission (FTC) has issued notice of a new rule designed to combat manipulation in the oil market. With crude prices having breached US$147 per barrel (bbl)... 2008-08-14

US major ExxonMobil's Angolan subsidiary Esso Exploration Angola has started oil production at the Saxi and Batuque fields, part of the Kizomba C development located on Block 15,... 2008-08-13

US major Chevron has said it has secured about AUD1bn worth of funding to start preliminary work on the Gorgon liquefied natural gas (LNG) project.

Houston-based ConocoPhillips has said it hopes fellow US major ExxonMobil will join it and partner British major BP in their Alaskan natural gas pipeline project, Denali. The Denali... 2008-08-12

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has agreed to buy US major ExxonMobil's stake in Esso Chile Petrolera and its assets in other associated... 2008-08-11

US major Chevron and its partners may be forced to delay the start of production at the US$2.8bn Frade oil field project in Brazil by three months because of the late delivery of... 2008-08-07

Texas-based major ExxonMobil beat its own record for the highest-ever profit by a US company as its second quarter earnings rose 14% on the back of surging oil prices. The company... 2008-08-01

It is looking increasingly likely that US lawmakers will embark on their five-week summer recess without taking action on energy, as both Congress and the Senate remain deadlocked... 2008-07-31

French major Total has announced the sale of its 64% stake in the Virgo field in the US Gulf of Mexico (GoM).