NEW YORK, Aug. 7 (Xinhua) -- Oil prices fell on Monday as investors were concerned that major oil exporters output cut deal may not be effective enough. The West Texas Intermediate for September Delivery lost 0.19 U.S. dollars to settle at 4...

HOUSTON -- Houston-based GATE Energy announces the acquisition of PDI Solutions, LLC, headquartered in Schriever, La. PDI Solutions is a leading provider of a wide array of services in the operations, maintenance (OM), and inspections arena...

NEW YORK, Aug. 3 (Xinhua) -- Oil prices fell on Thursday as investors were concerned about output rise from the Organization of the Petroleum Exporting Countries offset. The West Texas Intermediate for September Delivery lost 0.56 dollar to...

HOUSTON (Bloomberg) --The magic of $50 oil is now in the sights of deep-sea drillers as they try to lure customer spending from shale wells on land. And after more than three years of pain, that prospect has some investors excited. Transocea...

HOUSTON and CARACAS (Bloomberg) --Venezuelas state-owned oil company and its partners have quietly started working on a Plan B to find markets for the countrys crude oil if the White House ratchets up sanctions and bans imports. Venezuelas o...

DUBAI (Bloomberg) --Saudi Arabia aims to sell about 5% of Saudi Aramco in an initial public offering next year, and stock exchanges from the UK to Japan are vying forwhat may be the worlds richest IPO. The Saudi crown prince, Mohammed bin Sa...

HOUSTON -- Talos Energy LLC, as operator, together with its joint venture partners Sierra Oil and Gas S. de R.L de C.V. and Premier Oil Plc, has announced that the Zama-1 exploration well, offshore Mexico, has completed drilling operations,...

NEW YORK, July 27 (Xinhua) -- Oil prices continued to soar on Thursday amid falling U.S. inventories. The West Texas Intermediate for September Delivery added 0.29 dollar to settle at 49.04 dollars a barrel on the New York Mercantile Exchan...

The Annual World Petroleum Equipment Congress cippe 2018 Petroleum ExhibitionHOT REGISTRATION Currently,the world petroleum development has enter a new developming situation, under the condition of globlization, international petroleum indu...

NEW YORK, July 25 (Xinhua) -- Oil prices continued to surge on Tuesday as major crude producer Saudi Arabia pledged to cap its exports to help ease the global oversupply. The West Texas Intermediate for September Delivery added 1.55 U.S. dol...