(Adds details, context) LONDON, March 10 (Reuters) - Iran must regain its share of the global oil market before it will participate in any agreement among oil producing countries to restrict supply, the
For decades, Nigeria’s state oil company, the Nigerian National Petroleum Corporation (NNPC) has been the leading symbol of official corruption and a seemingly boundless source of political patronage.
As federal safety officials responded Friday to a death on a Gulf of Mexico oil rig, the agency in charge of oil-rig safety received a rebuke from a congressional watchdog office that found poor management
NEW YORK (Reuters) - Oil jumped on Friday, settling 4 percent higher as strong U.S. jobs data and technical factors encouraged buying that revived this week’s rally after a one-day pause. A natural gas
I usually take a stern view of corporate pay packets that are out of line with profits and shareholder value, but I’m prepared to make an exception for Bob Dudley. The American-born chief executive of
(Reuters) - BP Plc (BP.L) does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill,
It looks like the Gulf of Mexico didn't get the oil crash memo. U.S. oil production in the deep waters of the Gulf of Mexico is on the rise and on track to reach a record high in 2017, according to the
A driver waits to fill his car with fuel at a petrol station in Riyadh, Saudi Arabia, December 22, 2015. REUTERS/Faisal Al Nasser PARIS (Reuters) - Saudi Arabia will maintain its oil market share and idea