A day after settling just two cents shy of the $85 mark, the Brent futures contract on Tuesday again failed to end trading above that threshold.
(Bloomberg) -- YPF SA, Argentina’s state-run energy producer, is closing the tap on some of its natural gas wells as the nation’s second recession in three years curbs demand, according to people with direct knowledge of the matter.
(Bloomberg) -- Husky Energy Inc. made a C$3.3 billion ($2.6 billion) hostile bid for MEG Energy Corp.
The business activity index for oilfield service companies took a dip in the third quarter, according to data released Oct.
Map Ta Phut Olefins Co.
(Bloomberg) -- Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada -- the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas.
BASF and LetterOne have signed an agreement to merge their respective oil and gas businesses.
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