Rosneft is officially the world's biggest oil company
Russia's Rosneft has overtaken ExxonMobil to become the world's biggest oil company after sealing the TNK-BP deal.
Russia's Rosneft has overtaken ExxonMobil to become the world's biggest oil company after sealing the TNK-BP deal.
Iraq will spend $130bn on developing the country's upstream sector, while Libya's output has also risen as a result of local and inward investment.
Fourth quarter results for 2012 showed a mixed bag from the likes of BP, ExxonMobil, Shell and Chevron
Despite Baghdad's opposition, Genel Energy continues Kurdish oil exports, while BP may have approval for exploration takeover.
Details of the siege at the In Amenas gas facility are still being investigated after 37 overseas employees, including senior execs were killed.
Deepwater Horizon operator pleads guilty and pays the price for its part in the Gulf disaster
BP building largest commercial research computer
Rail is the new pipeline to help the Western states keep up with the US oil production boom
BP has agreed a settlement with the US Department of Justice over the Deepwater Horizon disaster.