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Rigzone.com: Finance and Investing News

The latest upstream oil and gas news from around the world.

Moller-Maersk Net Profit Falls, Demand to Stay Subdued
Moller-Maersk posts a smaller-than-expected drop in first-quarter net profit, supported by increased freight rates and efficiency measures at its main shipping unit.
Apache Shareholders Don't Approve Executive Compensation
Apache shareholders didn't approve the energy company's executive compensation plan for 2012 at its annual meeting, making their displeasure with the company's performance known.
Petrobras Launches Sale of Bonds to Raise $11 Billion
Petrobras begins its enormous 2013 financing campaign with one of the largest bond issues this year.

Resilience

Peak oil - May 17

•Supply shock from North American oil rippling through global markets •The IEA Says Peak Oil Is Dead. That’s Bad News for Climate Policy •Saudis...
Unburnable: Risky Fossil Fuel Investments & Climate Crisis

Two new reports say climate change could cause the next financial crisis. From London, Bob Ward, LSE lead author of "Unburnable: Carbon 2013: Wasted...

Peak oil notes - May 16

A mid-week update. While oil prices are little changed this week, there has been considerable news concerning the energy markets. Bad economic reports from...

Latest News

WorldOil: Exploration

The latest news and journals from World Oil.

Total rules out oil exploration in Congo's Virunga National Park

PARIS -- French company Total reassured stakeholders that it won't explore for oil in Congo's Virunga National Park, home to...
Ophir Energy to drill five wells in Tanzania, Ghana

Ophir Energy sees up to 5 wells being drilled in 2nd half BY IAIN PACKHAM LONDON Ophir Energy said it...
Total wins 10 exploration licenses in Brazil

Total wins 10 exploration licenses in Brazil BY GERALDINE AMIEL PARIS Total said it was awarded ten exploration licenses on...

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