26 Feb 2018
7.5-magnitude quake hits energy-rich Papua New Guinea, oil-and-gas operations suspended
A powerful 7.5 magnitude earthquake hit Papua New Guinea early this morning, halting operations in the energy-rich interiors.
26 Sep 2017
Mukesh Ambani's Reliance Industries is world's 3rd largest energy firm
This year, in Platts Top 250 Global Energy Company Rankings, Reliance Industries climbed up five places on the chart and became the world's third-biggest energy firm after Russia's Gazprom and Germany's E.ON.
22 Apr 2017
Trump denies Exxon sanction waiver to drill oil in Russia
The Trump administration has rejected ExxonMobil's request for a sanctions waiver to allow it to drill for oil in Russia with Russian state oil giant Rosneft.
21 Apr 2017
Exxon wants US sanctions waiver to start Russian oil project
American oil major Exxon Mobil has applied to the US Treasury Department seeking a waiver from US sanctions on Russia to allow it to resume its joint venture with Rosneft, a Russian state-owned oil giant.