NEW YORK, Nov. 7 (Xinhua) -- Oil prices eased on Tuesday, after both U.S. crude and Brent posted solid gains in the previous session. The West Texas Intermediate for December delivery ticked down 0.15 U.S. dollar to settle at 57.20 dollars a...

HOUSTON -- Abrado Wellbore Services, a multi-string section milling and wellbore clean-out specialist company, has secured its first projects in the West Africa region. The work follows agreement with regional well services provider Malega...

CALGARY and NEW YORK (Bloomberg) --TransCanada Corp., which diversified heavily into the U.S. with its $10.2-billion Columbia Pipeline Group Inc. acquisition last year, is seeking trademarks on new company names that would excise its home co...

NEW YORK, Nov. 6 (Xinhua) -- Oil prices rallied on Monday, after Saudi Arabia arrested 11 princes and 38 sitting and former ministers and deputy ministers over corruption charges. The West Texas Intermediate for December delivery rose 1.71 U...

ATHENS -- Greece has made noticeable progress with its energy-sector reforms in recent years. The country moved forward on plans to restructure state-owned companies and liberalize electricity and gas markets, an impressive program that will...

RIO DE JANEIRO -- Petrobras announced that it has signed a Letter Of Intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad, which include cooperation on upstream, downs...

STAVANGER -- Two international standards for storage and transport of carbon dioxide (CO2) will be launched today. The standards were developed by experts from 16 countries. The Norwegian Petroleum Directorate is hosting the launch. Todays s...

Promoting Industries and Partnerships across Africa since 1994 Corporate Africa global platforms and international conferences and meetings generate confidence in African markets and industries. Corporate Africa connects foreign investors wi...

MEXICO CITY (Bloomberg) --Mexico spent about 24 billion pesos ($1.25 billion) to lock in prices of oil exports for next year, or more than 21% what it paid to hedge crude a year ago, according to Finance Ministry data. The cost for buying pu...

ST. JOHNS -- As part of its planning for the future use of the Bull Arm Fabrication Site, Nalcor Energy issued a request for proposals (RFP) today to identify the next potential tenant(s) to lease the Site. The RFP is the next step in a proc...