
Airstrikes target Islamic State near Iraqi refinery
Islamic State fighting positions and artillery were destroyed near the Beiji oil refinery in Iraq by coalition airstrikes, the U.S. Defense Department said. ... more
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Texas oil sector slowing down
The number of rigs used in exploration and production in Texas declined, resulting in layoffs in the oil field services sector, the Dallas Federal Reserve said. ... more
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China's Shenzhou-20 astronauts return to Earth after delay
Blue Origin launches NASA Mars mission and nails booster landing
Race for first private space station heats up as NASA set to retire ISS
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US seeking to allay Gulf fears amid regional chaos
With conflicts raging across the Middle East, the US is seeking to reassure its Gulf allies that it has a regional strategy which will be bolstered, not shredded, by any Iran nuclear deal. ... more
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Samsung removes logo on smartphones in Japan
Samsung has removed its corporate logo from its new smartphones sold in Japan, a company spokeswoman confirmed Saturday. ... more
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Energy sanctions economic war, Kremlin says
Targeting the Russian oil and gas sector with sanctions is a tacit act of economic warfare, Russian Prime Minister Dmitry Medvedev said Friday. ... more
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Schlumberger to lay off 11,000
Most of the decrease in the quarterly revenue for the first quarter of the year came from the "severe" decline in North America, Schlumberger said. ... more
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BG Group comes up empty in North Sea
A Norwegian energy regulator said Friday a subsidiary of British energy company BG Group came up dry while drilling in the northern waters of the North Sea. ... more
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