Statoil will establish a new onshore integrated operations centre in 2018.

Statoil has announced that it will establish a new onshore integrated operations centre in 2018, which will ‘help increase safety, add value and reduce emissions’ from its installations on the Norwegian continental shelf (NCS).

Royal Dutch Shell plc announces the cancellation of its scrip dividend, with effect from the fourth quarter of this year.

Royal Dutch Shell plc has announced the cancellation of its scrip dividend, with effect from the fourth quarter of this year.

The Weizhou 12-2 oil field phase II project, located in the Beibu Gulf in the South China Sea, commences production.

CNOOC Limited has confirmed that the Weizhou 12-2 oil field phase II project, located in the Beibu Gulf in the South China Sea, has commenced production.

OSLO, Nov 28 (Reuters) - Norway's Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company's head of exploration told Reuters on Tuesday.

OSLO, Nov 28 (Reuters) - The Norwegian sovereign wealth fund's proposed multi-billion dollar divestment from oil and gas stocks will take many years to complete, Chief Executive Yngve Slyngstad told reporters on Tuesday.

(Bloomberg) -- Oil extended its drop after an industry report was said to show a surprise increase in U.S. crude stockpiles.

Futures edged lower from the settlement in New York after the American Petroleum Institute was said to report U.S.

WARSAW, Nov 28 (Reuters) - Poland's government approved a plan on Tuesday to build more pipelines to help Warsaw take more oil deliveries from sources other than its biggest supplier Russia.

CARACAS, Nov 26 (Reuters) - Venezuelan President Nicolas Maduro on Sunday tapped a National Guard major general to lead state oil BOP Blow Out Preventer repair company gulf coast PDVSA and the oil ministry as the OPEC member labors under near 30-year lows in oil production.