The US market regulator charged the global energy trader, with attempting to interfere with the market for EBOB-linked futures contracts.
The Chatterjee Group is seeking a partnership with Indian state-run companies for an oil-to-chemicals project, reported Bloomberg.
ExxonMobil is considering the sale a package of conventional oil assets in the Permian Basin, reported Bloomberg, citing sources.
Petrobras has signed an MoU with TGS to enhance scientific research and technological development in Brazil’s energy sector.
Egypt has initiated an international bidding round for exploration and exploitation of natural gas and crude oil across 12 blocks.
The US oil giant expects global oil demand to remain above 100m bpd through to 2050.
Chevron-led consortium, responsible for the Aphrodite gas field off the coast of Cyprus, is set to present a development plan shortly.
The US EIA has forecast potential refinery capacity increases over the next few years as demand continues to grow.
Oil production has been stable over a week from six of the development wells in the Gulf of Thailand.
Petronas International Corporation has initiated arbitration proceedings against South Sudan, reported Bloomberg.
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