Cairn Energy eyes nine new wells for 2014
Scots oil explorer Cairn Energy says it aims to drill nine new wells over the forthcoming year.
Scots oil explorer Cairn Energy says it aims to drill nine new wells over the forthcoming year.
North Sea firm Lundin Petroleum has warned profits will be down after seeing exploration costs rise over the last three months.
The developers of a giant oil field in the Celtic Sea insist they are on track to farm out the site to partners - despite weekend reports to the contrary.
UPDATED: Workers on a North Sea oil platform airlifted off after a weekend safety scare are due to return this afternoon.
Workforce solutions group Air Energi has secured a global five-year deal to provide services for gas giants BG Group.
North Sea operator CNOOC says it expects the Golden Eagle oil project to begin production by the end of this year after targeting more than £12billion of investment for 2014.
Oil major Shell is to sell off its stake in the giant Wheatsone liquefied natural gas project in Australia - just days after issuing a profits warning.
Falklands-focused oil firm Rockhopper has confirmed it is looking for a new finance director after current incumbent Peter Dixon-Clarke announced plans to step down.
Oilfield services giant Schlumberger saw profits up 22% for the final quarter of 2013 to cap a successful year - and said it expects similarly strong results for 2014.
New Shell new boss Ben van Beurden has admitted the oil major’s performance was “not what I expect” after issuing a shock profit warning - just two weeks after taking the helm.
Global investment in green energy projects has declined over the last year, according to new figures.
BG Group is to invest more than $20million in hunting for oil and gas off the coast of Honduras.
North Sea oil firm Enegi has been given more time to explore its potentially lucrative licence off Newfoundland.
Plans to develop a giant oil field off the Falkland Islands have taken a step forward after the firms behind the project decided on what approach to take.
Swedish energy firm Vattenfall is to sell off its majority share of Hamburg's electricity grid in a a £460million deal.
Tributes have been paid today as oil companies marked the one year anniversary of the terrorist attack in Algeria which killed 40 people.
Drilling work on a North Sea field has been suspended after a safety breach underneath the Bredford Dolphin rig this morning.
Dubai-based rig builder Lamprell says it expects final results for 2013 to be ahead of initial expectations.
North Sea operator Premier Oil says it is closing in on a development decision for the Bream field after facing a 'challenging' last 12 months.
Energy industry body Oil and Gas UK has published a new handbook listing a dozen British construction yards in a bid to raise the sector's profile in home and international markets.
Almost half of UK homes would object to having a shale gas operation within 10 miles of their home, a new survey has claimed.
The controversial new pipeline between Kurdistan and Turkey will raise production output by at least a third, oil firm Genel believes.
Norwegian oil investment is expected to hit a peak by 2015, with more than £17.5billion to be spend on projects across the Norwegian continental shelf next year.
Tullow Oil has seen its boosted after announcing two large new finds in Kenya - as it prepares to announce strong profits growth for the year.
New regulations aimed at preventing further oil train explosions in the US are set to be introduced by next year, American transport chiefs have revealed.