(Bloomberg) A former CEO of oil-services company SBM Offshore NV pleaded guilty Thursday to charges related to the Petrobras corruption scandal in Brazil as the U.S. steps up its pursuit of individuals over corporate misdeeds.
ExxonMobil Guyana closely studying Petrobras corruption case...
(Bloomberg) -- Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most.
Output is expected to slump to 1.84 million barrels a day next year, the lowest compared with official government...
(Reuters) - China Energy Investment Corp, the world's largest power company by asset value, has signed a Memorandum of Understanding (MOU) to invest $83.7 billion in shale gas, power and chemical projects in West Virginia, the U.S state said...
(Reuters) - Chevron Canada, a unit of global oil major Chevron Corp, is forging ahead with its first ever Canadian shale play development, targeting the East Kaybob region of central Alberta's Duvernay formation.
The decision, announced by the company on...
The decision by the United States government this week to withdraw from the Extractive Industries Transparency Initiative (EITI) will have no impact on ExxonMobil’s participation in the anti-corruption body and engagement in implementation activities in countries outside of the...
(Reuters) - Spanish authorities arrested a former Venezuelan deputy minister and three former executives at Venezuelan state companies for alleged links to money laundering and international corruption, Spain’s Civil Guard said on Friday.
The operation was carried out with the...
Global Petroleum Group (GPG) has conducted a search for oil and gas offshore the Caribbean island of Grenada, raising hopes among the population of just over 107,000, that confirmation of a big discovery could be imminent.
The New Today reports...
ExxonMobil announced Friday that it has completed an agreement to purchase half of Statoil’s interest in the BM-S-8 block offshore Brazil, which contains part of the pre-salt Carcara oil field. The Carcara field contains an estimated recoverable resource of 2...
(Reuters) - A federal judge in the Brazilian state of Amazonas issued an injunction on Thursday ordering the suspension of the billion-dollar auctions of pre-salt oil and gas rights scheduled for Friday.
The injunction was sought by the leftist Workers...
US supermajor ExxonMobil is set to resume exploration activity off Brazil in the first half of 2018 after a nearly eight-year hiatus. The company will be shooting 3D seismic covering two ultra-deepwater blocks it recently farmed into in the...
