Regional

First oil has flowed from Brazil’s giant Libra field operated by Petrobras and a consortium that includes Total, Shell and China’s CNPC and CNOOC, the companies said on Monday. Libra, which has recoverable volumes estimated by oil regulator ANP at...

(AP) TransCanada Corp. says it has recovered more than 24,000 gallons of oil from the site of a pipeline leak discovered last week in South Dakota. The company said 24,450 gallons of oil had been recovered as of Wednesday. TransCanada's...

(Bloomberg) After quashing street protests and corralling his political opponents, President Nicolas Maduro has set his sights on Venezuela’s economic engine. The authoritarian socialist’s administration has begun a broad purge at state-owned Petroleos de Venezuela, arresting more than 50 officials...

(Reuters) - As Venezuela’s dilapidated energy sector struggles to pump enough crude oil to meet the country’s OPEC output target, rival producers within the exporters group have started to plug the gap, OPEC and industry sources said. The South American...

Petrobras said on Thursday that its total oil and natural gas output in October was 2.77 million barrels of oil equivalent per day (boed), of which 2.67 billion boed was produced in Brazil and 104,000 boed abroad. The average oil...

Colombia’s state-run oil company Ecopetrol ECO.CN, in partnership with Spain’s Repsol (REP.MC), has acquired four new blocks in the Gulf of Mexico for deep water oil exploration, Ecopetrol said on Friday. Ecopetrol’s U.S. subsidiary, Ecopetrol America Inc., and Repsol can...

(CNN) A total of 210,000 gallons of oil leaked Thursday from the Keystone pipeline in South Dakota, the pipeline's operator, TransCanada, said. Crews shut down the pipeline Thursday morning and officials are investigating the cause of the leak, which occurred about...

(4-Traders) In a few months, Brazil's federal government will start receiving crude oil from a huge field, known as Libra, off the coast of Rio de Janeiro. But the government has no tanker ships to unload oil from the...

(Reuters) Venezuela’s cash-strapped government said its plan to refinance some $60 billion in bonds was successfully underway after a creditors’ meeting in Caracas but a rating agency declared the nation in selective default over missed coupon payments. President Nicolas Maduro’s...

(Bloomberg) Exxon Mobil Corp. is drilling shale wells that stretch farther than the length of New York’s Central Park. The world’s biggest oil explorer by market value recently finished four wells in North Dakota’s Bakken region that extend sideways for...