The man overseeing western Europe’s biggest crude spigot is fighting back against the oil doubters.

The UK carbon capture and storage (CCS) industry could create more than 225,000 jobs in the region by 2060, Carbon Capture and Storage Association (CCSA) Chief Executive Luke Warren told delegates at Oil & Gas UK’s London breakfast briefing.

NEW YORK, Nov 15 (Reuters) - Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates helped prices bounce off session lows.

NEW DELHI, Nov 15 (Reuters) - Venezuela's national oil BOP Blow Out Preventer repair company gulf coast PDVSA will use existing crude oil customers or new Indian state buyers as intermediaries to settle $449 million owed to India's ONGC Videsh Ltd, the Indian BOP Blow Out Preventer repair company gulf coast said in a statement on Wednesday.

HOUSTON, Nov 15 (Reuters) - A combined 75,206 barrels per day (bpd) of oil and 215,122 million cubic feet per day of natural gas oil rig flanges gulf coast production are shut-in at four platforms in the wake of a , according to U.S.

ABU DHABI, Nov 14 (Reuters) - Sudan has held talks with Russian oil firm Lukoil and other companies from the United States and Canada on the development of its oil industry after the lifting of U.S.

Eni SpA revealed Tuesday that it has entered into an exploration and oil rig flanges gulf coast production sharing agreement (EPSA) for Block 52, located offshore Oman, with the Government of the Sultanate of Oman and Oman Oil Company Exploration and Production (OOCEP).