NEW YORK (Bloomberg) --Harveys got hedge funds caught in a whirlwind. Just after the storm triggered the biggest rush to a more bearish stance on West Texas Intermediate crude since 2007, they flipped the switchand raised bets on a rebound a...

NEW YORK, Sept. 8 (Xinhua) -- Oil prices fell on Friday as Hurricane Irma drove towards U.S. state of Florida. The West Texas Intermediate for October Delivery lost 1.61 dollar to settle at 47.48 dollars a barrel on the New York Mercantile E...

NEW YORK, Sept. 5 (Xinhua) -- Oil prices surged on Tuesday as refineries sidelined by Hurricane Harvey began to restart. The West Texas Intermediate for October Delivery added 1.37 dollar to settle at 48.66 dollars a barrel on the New York...

ABERDEEN -- Cohort plc company SEA is showcasing an enhanced secure voice and data communications system for remote applications such as offshore ships and platforms at Offshore Europe 17. SEAs 4G Man-Portable Mobile Data Node (MDN4G), combi...

NEW YORK (Bloomberg) --Houstons devastating floods have slowed but not stopped work by MA bankers at the epicenter of U.S. energy-sector deals. Texans are a resilient lot,said Tim Perry, global co-head of oil and gas investment banking at Cr...

NEW ORLEANS -- Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring normal operations following Tropical Storm Harvey. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Respon...

NEW YORK, Aug. 31 (Xinhua) -- Oil prices strongly rebounded from recent losses on Thursday, but U.S. crude oil prices posted steep monthly loss in August due to the Hurricane Harvey. The West Texas Intermediate for October delivery rose 1.27...

LONDON (Bloomberg) --World energy markets, from butane in Asia to diesel in Europe and gasoline in Latin America, are feeling the ripple effect of Texass deadly storm, highlighting the growing role of the U.S. in the global oil industry. Whe...

KUWAIT -- Kuwait Foreign Petroleum Exploration Company k.s.c. (KUFPEC) announced today that its wholly-owned subsidiary KUFPEC Norway AS has reached agreement to acquire a 15% interest in the Gina Krog field from Total EP Norge AS, a wholly-...

NEW YORK, Aug. 28 (Xinhua) -- Oil prices settled lower Monday as Hurricane Harvey hits U.S. refiners. The West Texas Intermediate for October delivery lost 1.30 U.S. dollars to settle at 46.57 dollars a barrel on the New York Mercantile Exch...