Norwegian oil, gas plants shut after tanker, frigate collide

An oil tanker and a Norwegian navy frigate collided off Norway’s west coast on Thursday, injuring eight people and triggering […]

Toshiba sheds more assets, cuts jobs to regain investor trust

Toshiba Corp (6502.T) announced on Thursday it is shedding assets, cutting jobs and buying back its stock starting this week, […]

Russia’s Rosneft says third quarter daily oil output up 3.4 percent year-on-year

Russian oil giant Rosneft said on Monday its average daily crude oil and gas condensate production in the third quarter […]

Engie stays focused on gas for power generation despite divestment

French energy group Engie remains committed to using natural gas for power generation despite selling its oil and gas exploration […]

High oil prices hurt consumers, dent fuel demand: IEA chief

High oil prices are hurting consumers and could also have adverse implications for producers, the executive director of the International […]

Australia will not trigger LNG export controls: minister

Australia’s government will not impose controls on exports of liquefied natural gas (LNG) next year because it does not see […]

China’s Zhoushan city woos Exxon Mobil for a $7 billion ethylene plant

The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene […]