Egypt's government has paid Dana Gas $60 million, part of overdue receivables totalling $212 million, the Abu Dhabi-listed firm said in a statement on Sunday.Egypt has delayed payments to oil and gas firms as its economy has been hammered…
Forces loyal to Libya's internationally recognised government on Saturday staged air strikes on the commercial port of Misrata, a western city allied to a group that holds the capital Tripoli, both sides said.Fighting was also reported…
South Sudan's oil revenue last year was hit by reduced output because of conflict in the African republic and the rapid decline in oil prices, petroleum minister Stephen Dhieu Dau said in a statement seen by Reuters on Saturday.Oil is the main source of cash for South Sudan…
Mexico's government said on Friday that its latest 'gasolinazo,' or gasoline price spike, will be the only increase this year.The fuel price hike in the world's 10th biggest crude producer comes as slumping international oil prices have…
The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the U.S. dollar, on expectations that the European Central Bank will soon embark on outright money-printing.Crude prices fell in a volatile session…
The head of the Senate energy committee plans to introduce a bill next week to force approval of the Keystone XL oil pipeline, though the full chamber faces a battle in obtaining needed votes to overcome any veto by President Barack Obama…
Global benchmark Brent crude oil closed down nearly a dollar a barrel Friday after a day of choppy trading despite expectations of new investments in the new year, as strong mid-day rallies in crude fizzled.Brent was down 91 cents at $56…
An exclusive private club in the heart of North Dakota's oil country has been evicted amid a spat with its landlord over building maintenance and unpaid rent, but the club's owners say it has nothing to do with low oil prices and they will reopen at another site…
China and the United States headed the list of 2014 top-performing equity markets among larger economies while markets elsewhere ended the year on a wary note as another sharp drop in oil and worries about Greece's future drove profit-taking…
U.S. stocks were little changed on Wednesday, putting major indexes on track to close out 2014 just off record levels, as crude oil prices continued their descent.While the market's seasonal trend of modest moves and low volume continued…
With its gothic spires and subtly reflective glass facade, PPG Place has been a signature monument on the Pittsburgh skyline since it was erected in 1984. It was also the first of several landmark structures in the city to feature SOLARBAN® glass by PPG Industries (NYSE:PPG)…
Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (“Petrocas”), creating the joint venture (“JV”) for its activities in the South Caucasus region.The deal represents an important…
Gazprom entered into agreements today with Eni, Wintershall and EDF on purchasing 50 per cent of total shares in South Stream Transport from them.The deals with the minority shareholders of South Stream Transport were previously agreed on by the Gazprom Board of Directors.
Liquefied Natural Gas Limited w ishes to provide an update on the status of Information Requests from the United States Federal Energy Regulatory Commission (FERC) in relation to the Company’s wholly owned subsidiary, Magnolia LNG LLC (MLNG)…
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Li Hui, Chinese Ambassador to Russia.The parties addressed the issues of further bilateral cooperation.…