Blow for Lundin as latest Sverdrup hope falls short
Lundin Petroleum's latest attempts to explore the fringes of the giant Joahn Sverdrup North Sea field has ended in disappointment.
Lundin Petroleum's latest attempts to explore the fringes of the giant Joahn Sverdrup North Sea field has ended in disappointment.
Indian energy giants Essar are to sue environmental campaigners Greenpeace for £96million over a stunt by activists last week.
A Scots offshore firm is eyeing its largest investment in equipment as it looks to improve its offering to the oil and gas sector.
North Sea operator Statoil has admitted it has suffered an oil leak from one of its key fields.
Dozens of staff have been airlifted off the Buchan Alpha North Sea platform ahead of the latest round of North Sea storms.
Energy giant BG Group has declared force majeure for its operations in Egypt as it admits facing a production shortfall for 2014.
Scots engineering firm The Weir Group has landed a £59million deal to support one of Iraq's largest oil projects.
Scots oil explorers Cairn Energy faces an tax probe in India after shares in its subsidiary firm were suspended.
North Sea firms will get the chance to claim new territory in the region after the 28th UK licencing round was opened this morning.
The head of decommissioning at Norwegian oil services firm Aker Solutions is to join the board of Decom North Sea as the industry body increases its Nordic presence.
The Huntington gas field has resumed production after being shut down for a week by storms in the North Sea.
Oil and gas explorer New World has been given a six-month extension to complete work on its Jutland project.
Would-be shale developers in the UK should learn from landfill firms over improving community relations, an environmental boss has urged.
North Sea oil firm Dana Petroleum has begun seismic scans in Cameroon as it looks to push into the African country.
Aberdeen-based North Sea oil firm Faroe Petroleum has scooped 10 new licences in the latest Norwegian round.
Swedish oil company Lundin Petroleum has upped its production forecast until 2015 - just days after admitting it had been hit with an increase in exploration costs.
Swiss power technology firm ABB expects to take a £150million hit to its fourth quarter earnings after last year's North Sea storms hit its windfarm projects.
North Sea firm Trapoil says remedial work to fix a shut-in well on the Athena field will not be carried out until later this year.
North Sea oil firm Hurricane Energy is set to make a £272million floatation on the London Stock Exchange's AIM.
Norway has issued North Sea licences to 38 companies after the latest round of exploration and production announcements across the Norwegian Continental Shelf.
North Energy is to spend almost £10million on buying new seismic data for the Barents Sea as it looks to strengthen its position in the Arctic waters.
Oil services firm AGR is to split off its field management and exploration businesses into two separate companies.
Well completion specialists TCO have landed a £75million deal to support oil operations on the Norwegian continental shelf.
Oil demand around the world is set to accelerate this year as economic situations improve - with supply set to outstrip demand despite record US shale output, a new report has found.
Protesters looking for a judicial review into plans for a controversial windfarm on Shetland have launched a crowdsourced campaign to fund their effort.