Koch Industries has confirmed that recently sold off its upstream leases and abandoned licences in Alberta’s oil sands.
Commodity trader Trafigura announced on August 12 that it has started shipping oil on the Cactus II pipeline out of the Permian Basin.
Occidental Petroleum closed its acquisition of Anadarko Petroleum last week and is now figuring out the next steps to take with the latter’s assets.
Minergy’s Masama mine in Botswana has produced its first saleable coal for export to South Africa and Namibia
Over the past week, both Halcon Resources and Sanchez Energy have separately filed for Chapter 11 bankruptcy protection.
US independent Murphy Oil has announced that it is proceeding with three new projects in the deepwater US Gulf of Mexico.
Petrobras' plans to sell off some of its upstream assets play into a wider campaign to reorient the company's portfolio.
Eskom’s chief restructuring officer is to take weeks not months to decide if the government can offer a $16.4bn bailout