Oil & Gas

OPEC will raise shipments by 0.7 percent this month as Libya continues to restore production that was halted during last...

Eni SpA, one of Europe's biggest oil companies by market value, Wednesday said the continent's economic slowdown took a bite...

Eni SpA (ENI), Italy’s largest oil producer, reported a 9.5 percent decline in fourth-quarter profit as field closures in Libya...

Turkey has no plans to cut its imports of Iranian oil, remaining a rare loyal customer of Tehran despite rising pressure...

Libya’s Sharara oilfield has reached a production level of 300,000 barrels a day, state-owned National Oil Corp. said on its...

Germany's crude oil import bill for January-December 2011 rose 29.0 percent to 53.7 billion euros ($70.97 billion) from a year...

French oil giant Total SA on Friday said 2012 has begun favorably and that it will step up investments over the...

Wintershall, the second-largest foreign oil firm in Libya before the civil war, has boosted output in the country to three...