Gulf of Mexico compensation payouts increase by $480million in a month
Pay-outs from the compensation fund for victims of the 2010 Gulf of Mexico disaster have risen by nearly half a billion dollars in just a month, it has emerged.
Statoil makes new Norwegian Sea discovery
Statoil has made a new oil find in the Norwegian Sea, the country's petroleum directorate has confirmed.
Nigerian oil thieves cost country $1.2billion in a month
Oil thieves cost the Nigerian economy more than $1billion in just a month, the country's officials have revealed.
Wintershall begins work on Amol North Sea prospects
Work has begun on Wintershall's Amol and Asha East prospects in the North Sea.
Church steps into fracking row after issuing advice for parishioners
The debate around fracking in the UK has entered theological realms after a church questioned whether the controversial process risks damaging God’s creation for future generations.
Awilco lands $424million North Sea contract for WilPhoenix rig
Aberdeen drilling company Awilco has confirmed a deal to provide its WilPhoenix semi-submersible rig for Apache and Taqa for the next three years.
Breagh field falls short of predictions after latest drilling
Canadian oil exploration firm Sterling says it expects production from the Breagh North Sea field to be lower than forecast following completion of the latest development well on the site.
Noreco left with no working fields after Huntington shut-in
North Sea-focused energy company Noreco has been dealt another blow after its one remaining operating interest was shut in due to production problems.
EnQuest warns new North Sea field will not start producing until next year
Oil firm EnQuest says it does not expect to produce oil from its new Alma/Galia field until 2014, after seeing half year profits drop by 13.2%.
Spectrum gets green light for Croatia 2D mapping
Seismic specialists Spectrum have signed a a deal with Croatia's economy ministry to provide offshore seismic data ahead of the country's next round of auctions.
Technip and DOF land £1.1billion pipelay deal with Petrobras
Technip and DOF have landed a £1.1billion deal to provide new pipelay vessels and operations for Petrobras after winning eight contracts with the Brazilian state oil giant.
Genel farms into Ethiopian project
Anglo-Turkish exploration firm Genel is to farm into the Adigala block in Ethiopia after agreeing a deal for a 40% stake in the site.
Trinity looks to spud new Trinidad wells
Caribbean-focused exploration group Trinity says it is preparing to spud two wells in the next few weeks as it looks to tap into as much as 45million barrels of new resources.
Oselvar field shut down again after compressor problem at Ula
Gas production at the Oselvar field has been shut down just days after it returned to action - and could be out of action until the end of September.
Norwegian oil boom thriller Pioneer to get ONS preview
A new thriller about the early days of the North Sea oil boom will kick off the ONS Norway festival later this month - ahead of its official premiere.
Record crude demands as IEA tips global use to rise by 1.1million barrels a day
Global energy use experts have reduced their forecast of the amount of oil to be used per day around the world by 2014 - but still predict it will top 1.1million barrels per day.
Debris cleared from Gulf of Mexico rig blaze well
Safety officials say debris has now been cleared from the gas well which blew out and led to a two day rig blaze in the Gulf of Mexico.
Faroe farms into East Foinaven
Independent exploration firm Faroe Petroleum has snapped up a 10% stake in BP's East Foinaven field.
£700,000 crowdfunding scheme to back renewable projects
Two new renewable energy projects have crowdsourced £700,000 of funding in just 35 days to get the go-ahead.
Mediterranean Oil and Gas goes to court over Ombrina Mare environmental report
Mediterranean Oil and Gas has launched an appeal against a decision by the Italian government that it must get an integrated environmental authorisation before getting approval for its Ombrina Mare project.
Sevan hits back at share purchase offer from Seadrill
The battle for control of offshore drilling firm Sevan has stepped up a gear after the company's board urged shareholders to reject a bid from John Fredriksen's Seadrill group.
Mixed results for Circle Oil in Egypt
Circle Oil says it will now look for alternative options after its Shehab-2 well in Egypt failed to flow gas.
RGU launches SeaEnergy offshore wind cost partnership
Energy services group SeaEnergy has struck a partnership with Robert Gordon University to develop an operational costs and maintenance model for offshore windfarms.
Max Petroleum spuds Zhana Makat well
Kazakhstan-focused exploration group Max Petroleum says it has spudded the latest development well in the country.
Cairn climbs on board Chariot’s Mauritanian project
Cairn Energy has struck a $26million deal to farm into Chariot Oil and Gas's exploration project off Mauritania.