

* Production reached record 78,000 bpd last weekend - CEO * New Solan field to add 20,000-25,000 bpd from third quarter * In discussions with lenders ...


LONDON, May 11 (Reuters) - Oil producer Premier Oil said its cost-cutting measures due to weak oil prices were bearing fruit as its operating costs h...


(ShareCast News) - Low oil prices look set to drag on after Saudi Arabia's moderate oil minister Ali al-Naimi was ousted by the government. The replac...

