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Norway oil workers agree wage deal, avert strike

Wage talks between Norwegian oil firms and two labour unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year.

Guyana grants production license for Exxon consortium s fifth oil project

Guyana's government on Friday announced it approved a production license for a consortium led by Exxon Mobil to develop its fifth and most expensive oil project in the country, Uaru, the Natural Resources ministry said.

Vaar Energi maintains dividend after Q1 operating profit falls

Norwegian oil and gas firm Vaar Energi , majority owned by Italy's Eni , on Monday maintained its quarterly dividend payment at $270 million after the company's January to March operating profit fell from a year ago.

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