(Bloomberg) -- For the first time in months, energy bond and stock investors are both feeling good.
(Bloomberg) -- Oil had its worse day in two months as a surge of gasoline supplies held in U.S. storage tanks signals refiners will need less crude.
Offshore oil and gas operator Petrobras America Inc.
Dec 6 (Reuters) - U.S. crude oil stockpiles fell more than expected last week as refineries hiked output, but gasoline and distillate inventories posted surprisingly large builds, the Energy Information Administration said on Wednesday.
Aker Solutions has secured a services contract with Statoil ASA worth around $483 million (NOK 4 billion), which will support the Norwegian oil and gas firm with the development of the largest oil discovery in the Norwegian Barents Sea; Johan Castberg.
Dec 5 (Reuters) - Australian oil and gas producer AWE Ltd said on Tuesday it has received a notice from China Energy Reserve and Chemical Group Australia (CERCG) stating that it has formally withdrawn its bid to buy the company.
(Bloomberg) -- Crude rose as lower OPEC oil rig flanges gulf coast production and signs of shrinking U.S. oil inventories bolstered expectations for an end to the global surplus.
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