Engineering giant Bechtel Corp reached a new workplace agreement on Friday with construction workers, averting strikes that could have delayed the start-up of three liquefied natural gas (LNG) plants it is building on Australia's east coast.
Looming famine, ceasefires fail to end fighting; Conflict cuts oil production by a third. Monitoring oil wealth could help heal rifts. South Sudan's oil fields have become a battleground in the struggle for power in Africa's newest nation, encouraging…
Shell announces further exploration success in Malaysia with another gas discovery at the Shell-operated deep-water Marjoram-1 well. “Our strategy to expand our heartland areas through technologically advanced exploration is delivering tangible success in deep-water in Malaysia…
A successful bid would make it Vietnam's biggest corporate deal; Kuwait Petroleum Corp unit has bid close to $2 bln for the stake. Petrovietnam has bid for a stake in Murphy Oil Corp's Malaysian oil and gas assets, challenging other suitors including Mitsubishi Corp and Indian state oil companies…
Argentina's state-controlled energy company YPF said on Thursday it had reached a deal worth $550 million with Malaysia's state oil firm Petronas to develop shale oil in the vast Vaca Muerta formation. Argentina needs foreign investment to develop the shale formation…