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Worldwide Oil & Gas - News – An outstanding source of global oil, gas and energy news.

Your energy news updated daily. Read with us the latest oil, gas and energy news from leading corporations and news agencies.

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Dana Gas says 1 billion barrels of oil in way of ending glut

DAVOS, Switzerland (Bloomberg) -- Almost 1 Bbbl of oil held in inventories must be used up before global supply and demand are closer to balance, Dana...

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Noble Energy to acquire Clayton Williams in $2.7-billion cash-stock deal

The boards of Noble Energy Inc., Houston, and Clayton Williams Energy Inc., Midland, Tex., have unanimously approved a definitive agreement under whic...

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DOF wins Petrobras contract for Skandi Vitoria

TOREBØ, Norway -- Petrobras has awarded the Brazilian built PLSV Skandi Vitoria a 532-day contract. The contract will commence in January.

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