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EU expects action on Nabucco pipeline

July 30, 2010

ODESSA, Ukraine, July 29 (UPI) -- Important steps on the Nabucco natural gas pipeline for Europe are expected in the ..

Iran 'ready' to suspend uranium enrichment if assured of import

July 30, 2010

TEHRAN, July 29 (UPI) -- Iran's atomic energy chief Thursday offered to suspend an ongoing uranium enrichment program..

Qatar ships first LNG to Brazil, seeks to offset US decline

July 30, 2010

Qatar, the world’s biggest exporter of liquefied natural gas, loaded its first shipment of the fuel to Brazil, ..

ConocoPhillips to Sell Lukoil Stake After Posting Profit Gain

July 30, 2010

ConocoPhillips plans to sell its entire 20 percent stake in Russia’s OAO Lukoil, valued at about $9 billion, af..

Headhunters Already Looking To Replace BP's Dudley

July 30, 2010

Don't expect Robert Dudley to remain at the helm of BP for long. So says Keith Meyer, vice chairman of headhunting fi..

EPA reviewing air pollution rules for oil, gas

July 30, 2010

DENVER -- Federal air pollution standards for the oil and gas industry are sorely outdated amid ramped up drilling, l..

Exxon Mobil's 2Q earnings more than double

July 30, 2010

NEW YORK — Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil pri..

BP oil spill in Gulf of Mexico disperses quicker than was feared

July 30, 2010

The Gulf of Mexico slick is disappearing far more quickly than expected, leaving clean-up workers struggling to find ..

US examines BP shares as vilified Tony Hayward resigns

July 30, 2010

BP has admitted that trading in its shares is under investigation in the US, as it sought to draw a line under the oi..

Garrett delays Shell FLNG decision

July 30, 2010

Australia's federal environment department said it had deferred a ruling on Shell's untested floating liquefied natur..

Workers could walk out on Pluto

July 30, 2010

Australia’s Woodside Petroleum may face mass resignations at its A$13 billion Pluto liquefied natural gas proje..

Dana scores Egypt double

July 30, 2010

London-listed Dana Petroleum has made a second find in the North Zeit Bay production sharing contract area in Egypt's..

Galp coins it in

July 30, 2010

Portuguese player Galp Energia posted a steeper-than-expected 110% rise in adjusted second-quarter net profit, fuelle..

Jubilee faces new hurdle

July 30, 2010

The fate of Ghana’s deepwater Jubilee field development was this week again thrown into the political spotlight.

Police arrest Pemex official

July 30, 2010

Mexican police have arrested an official at state oil monopoly Pemex on suspicion of trying to sell an exploration co..

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