Energy Future Holdings planned to make coupon payments worth USD 270 million to creditors as a possible bankruptcy loomed.

Rosneft Chief Executive Igor Sechin to President Vladimir Putin revealed plans of the oil company to acquire the government's 20% stake in Novorossiisk Commercial Sea Port (NCSP).

The hiring of two new Energy Future Holdings Corp board directors was seen as timely as the power producer needed to decide on making its USD270 million interest payment before November 1.

BP Plc's recent quarterly report showed a bright investor future amid an overall glum oil and gas industry.

OGX would be filing for bankruptcy should it not be able to meet interest payments to bondholders amounting to USD44.5 million.

Petróleo Brasileiro (Petrobas) was reportedly nearing the completion of its Peru-based asset sale to China National Petroleum Corp (CNPC).

Electricite de France (EDF) and Veolia Environment said on Monday that both were coming close to agreeing the terms of their exit in Dalkia.

Consol Energy would be selling some of its assets to Murray Energy Corp in a deal worth USD 850 million.

The subsidiary of UAE's Mubadala is on an expansion mode. Mubadala Petroleum has been looking to expand into overseas markets such as Thailand and Indonesia, as well as commence exploration work in Tanzania within 2013.

Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.