Burning Gulf of Mexico rig under control after gas contained
UPDATED: Gas from a blown out well which caused a rig in the Gulf of Mexico to burn and collapse has now been contained, according to safety officials.
UPDATED: Gas from a blown out well which caused a rig in the Gulf of Mexico to burn and collapse has now been contained, according to safety officials.
First gas from phase one of the Breagh North Sea field could now be delayed until September after a problem with leaks, it has emerged.
Africa-focused Global Petroleum says it wants to move beyond existing assets in Namibia after the latest exploration well.
Oil and gas scanning services company Petroleum Geo-Services says it is already close to being fully booked for the rest of 2013, despite seeing revenues drop in the last quarter.
Former Intera founder Michael Raleigh has been named as new chief executive of US onshore exploration firm Epsilon Energy.
US-onshore focused exploration firm Magnolia says production from the Jake 2-11 2TFH well has started at a rate of 2244boepd.
Drilling giant Seadrill has stepped up its bid to buy the outstanding shares in rival Sevan Drilling.
Swiss industrial group ABB says it expects to hit profitable growth targets despite seeing a 7% drop in orders this quarter.
French oil services group Technip saw its second quarter profits rise 19% agains the same period in 2012 after being boosted by new orders around the world.
Canadian energy consultancy firm Ziff has been bought by HSB Solomon Associatates.
Irish oil and gas exploration firm Circle Oil has agreed a deal to farm into Exxoil's Beni Khaled production licence in Tunisia.
Statoil insisted it was on course to meet full-year targets despite seeing second quarter profits fall by almost 45% on last year.
Statoil has signed a £13million deal to use AGR's EC-Drill pressure drilling system.
Canadian gas firm Encana said today co-founder and chairman David O'Brien is to step down after 10 years.
Plans to build a new 99.9MW biomass power station in Northumberland have been given the go-ahead today.
Irish energy firm Falcon has launched a bid to buy the remaining stock in its Australian subsidiary.
Wood Group PSN are to provide pre-FEED studies as Enegi look to complete their field development plan for the Fyne oil field.
Petrofac president Maroun Semaan is to quit the company after more than a decade at the top of the international oil giant.
Lundin Petroleum has spudded the first of its exploration wells on the Biotitt North Sea prospect.
South Sudan will close all wells at the Unity state following a row with Sudan over claims of supporting rebels, its oil minister said today.
Chevron is to spend upwards of £550million on its Rosebank and Alder North Sea projects after announcing new contracts for the prospects
Industry leaders have welcomed the increased focus on the North Sea oil and gas sector after the SNP administration announced plans for a commission to consider the sector if Scotland votes in favour of independence.
Hundreds of solar powered homes are to be monitored as part of a new project aimed at improving energy efficiency.
Europa Oil and Gas says it is to appeal against the loss of its onshore exploration assets in France after they were not renewed.
Irish exploration firm Falcon says it has found gas in its first exploration well at Hungary's Algyo formation.