Schlumberger posts huge full-year loss   The world’s largest oilfield services firm posted a double-digit full-year 2019 loss measured in…

2020 budget spells more bad news for companies in Kuwait, says GlobalData   Following news that low oil prices will…

Oil Rises on Libyan, Iraqi Supply Disruption   Oil prices rallied Monday as a rebel group in Libya blocked a…

Offshore exploration and production licence in Angola awarded to Eni   ANPG, state concessionaire for oil and gas rights in…

McDermott Is Said to Prepare for Bankruptcy as Soon as Next Week   McDermott International Inc. is preparing to file…

Tullow Oil not likely to drill any Guyana wells this year   UK-based Tullow Oil, reeling from disappointing results from…

Oil-Funded Spending Sprees Lose Their Magic in Norway Politics   Norway’s Prime Minister Erna Solberg has so far managed to…

Libya’s NOC declares force majeure on closed eastern ports   Libyan state oil firm NOC has declared force majeure on…

VIDEO: World’s largest crane vessel installs Equinor’s Peregrino C platform   Equinor, the operator of the Peregrino field, on Friday…

Chevron’s Venezuela sanctions waiver extended to April: US Treasury   Washington — The US Treasury Department has extended for three…