Saudi Fund Eyes Overseas Deals Exploration

The Kingdom of Saudi Arabia's sovereign wealth fund is considering selling stakes in local companies to raise funds for international expansion, according to five people with knowledge of the matter.

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Investment in oil, gas projects shrinking

Investment inflows into oil and gas projects are dropping significantly. The investments in oil projects in 2016 is forecast to fall below £1 billion from the five-year annual average of £8 billion.

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Oil crashes after four-day rally; U.S. inventory renews glut worry

Oil prices crashed on Wednesday, with U.S. crude losing 9 percent in one of its biggest daily routs ever, as record high oil inventories in the United States cut short a four-day rally.

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Riverstone Energy to increase IPO volume

According to demand, Riverstone Holdings would increase the IPO volume of Riverstone Energy.

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Brazil seek ways to assist Petrobras for Libra oil exploration

In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.

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Cairn funds own drilling campaign

Cairn Energy Plc to start drilling campaign on September.

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Student filmmakers explore Google Glass

Google asked the help of student filmmakers to explore Google Glass.

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Medgold acquires a third gold exploration licence in Tuscany

European Medgold acquired the Grasceta gold exploration licence, located in southern Tuscany

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