
$465 million contract for Aker Solutions in Brazil
A subsidiary of Norwegian oilfield services company Aker Solutions said Monday it won a $465 million contract for work off the coast of Brazil. ... more
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Islamic State's Ultimate Goal: Saudi Arabia's Oil Wells
For the terrorist group known as the Islamic State, Syria and Iraq were a good place to start their campaign, but in order to survive and prosper it knew from the outset that it had no choice but to ... more
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Collision of equal sized bodies may explain Mercurys unique composition
Gravitino emerges as contender in dark matter search
Molecular 'fossils' offer microscopic clues to the origins of life - but they take care to interpret
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Residual hydraulic fracturing water not a risk to groundwater
Hydraulic fracturing - fracking or hydrofracturing - raises many concerns about potential environmental impacts, especially water contamination. Currently, data show that the majority of water inj ... more
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China Sinopec unit to sell 30% stake
Chinese oil giant Sinopec will sell a 30 percent stake in its marketing arm to outside investors for more than $17 billion, the company said, as the government pushes key economic reforms. ... more
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Kuwait NBK to help finance mega oil project
The National Bank of Kuwait's investment arm has been selected as exclusive financing adviser for a $12-billion clean fuel refineries project, the bank said in a statement on Sunday. ... more
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Statoil sells offshore assets to Germany's Wintershall
Norwegian energy company Statoil said Friday it sold off some of its assets on the Norwegian continental shelf to its German counterpart, Wintershall. ... more
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Pemex working to wean itself from foreign tap
Mexico's state-run energy company said it's focusing on production of fuels at five domestic refineries in an effort to wean itself from imports. ... more
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