Category: live

US conglomerate announces cuts at Lufkin Industries office

Venezuela takes into custody regional production boss for oil-heavy western region

Canadian junior frustrated by Tunisian gov’t in effort to find partner to drill obligatory wells at Joint Oil block

Alleghany unit pays $45.2 million for field tied to 1920’s political scandal

Crude tacks on a total of 11% over two straight sessions as some investors bet rout nearing end

Judge throws out long-running $1.37bn complaint by Moncrief Oil against former partner

US junior looks for merger or other financial solution after missing debt payments

Fiscal 2016 proposal increases funding for BOEM, BSEE and BLM but looks to eliminate oil and gas tax breaks

US independent reports $639 million in exploration expenses including dry holes

Brazil oil company reports new reservoir found in extension well in Sergipe basin