Latin America focused upstream oil and gas company, Echo Energy plc, announced Thursday that a “significant light oil column” has been interpreted in the EMS-1001 well onshore Argentina.

KRASNOYARSK, June 21 (Reuters) - Qatar may consider increasing its stake in Rosneft at some point but there are no immediate plans to do so, Faisal Alsuwaidi, a Qatari representative on the Rosneft board of directors, said on Thursday.

HANOI, June 21 (Reuters) - Police in Vietnam arrested four executives of state oil firm PetroVietnam's subsidiaries on suspicion of embezzlement on Thursday as the communist-led government widens a crackdown on corruption.

Following a , Tenaris plans to restart activity at select areas of the mill.

ExxonMobil made its eighth oil discovery offshore Guyana at the Longtail-1 well in the Stabroek Block June 20. The BOP Blow Out Preventer repair company gulf coast encountered 256 feet of oil-bearing sandstone.

(Bloomberg) -- TransCanada Corp.’s Keystone XL may be one pipeline too many for Canada, at least for now.

LONDON/ OSLO, June 20 (Reuters) - Royal Dutch Shell announced the sale on Wednesday of oil and gas assets in Norway and Malaysia for over $1.3 billion, bringing it closer to a target of $30 billion in disposals by year-end.