CNPC to reduce staff by 20%
China National Petroleum Company (CNPC) said it will reduce its staff at its headquarters in Beijing by 20%.
KCA Deutag recruits 300 staff for North Sea jobs
KCA Deutag has filled 300 North Sea jobs after a recruitment drive earlier this year.
Maersk reduces Culzean costs by $500million
Maersk Oil has reduced the costs of its Culzean project by $500million.
The Magnificent Seven: How the frontier of North Sea leadership is changing
ConocoPhillips has appointed a new female president to run its operations in the UK.
ConocoPhillips appoints new UK president
ConocoPhillips has appointed a president of the company in the UK.
IEA boss says oil market rebalance could happen in 2017
The chief executive of the International Energy Agency (IEA) said a re-balancing of world oil markets could occur in the first half of next year.
Rick Perry tipped to join Trump administration as Energy Secretary
President-elect Donald Trump has selected former Texas Governor Rick Perry to lead the Energy Department, according to reports.
Gazprom Neft, NIOC agree study into development of fields in Iran
Russian oil producer Gazprom Neft and the National Iranian Oil Company (NIOC) have agreed to conduct a study into the possible development of two oil fields in Iran.
Big Six need a ‘kick up the backside’ over fuel bills, says former minister
Britain’s “Big Six” energy suppliers need a “kick up the backside” from the Government to ensure customers get the best deals, according to a former minister.
Business Secretary urged to rename Government’s industrial strategy
A Tory MP has told Business Secretary Greg Clark to drop the words “industrial” and “strategy” from the Government’s industrial strategy.
Maersk Energy spin-off helped by Hamburg Sud acquisition
The acquisition of shipping company Hamburg Süd will replace some 60% of revenue lost when Moller-Maersk spins off its energy division.
BP confirms well incident on Magnus field
Oil major BP said a well has been depressurised after a seepage of oil was detected on the Magnus field.
Opinion: SR crows about renewables supply chain performance overseas – I beg to differ…
Scottish Renewables is excited about the fact that a bunch of firms in Scotland have pulled around £125million of contracts from around the globe lately.
Saudi Arabia, Iraq to supply full contracted volumes to Asian refiners
Saudi Arabia and Iraq are set to supply full contracted volumes of crude to several Asian refiners next month.
Mother of helicopter crash victim backs Statoil Super Puma ban
A mother who lost her son in a North Sea helicopter crash has “commended” a decision by Norwegian operator Statoil to ban the use of Super Pumas.
Atlantic Petroleum picks former Fairfield boss for board
Atlantic Petroleum has appointed a former Fairfield Energy chief exec as a candidate for its board of directors.
White House says Treasury will assess Russia, Qatar oil deal
The US government will check if sanctions were violated when Russia struck a deal to sell a stake in oil producer Rosneft to a consortium of Qatar's sovereign fund and commodities trader Glencore.
CHC to serve Shell with S-92 aircraft for Australian FLNG project
CHC said three new Sikorsky S-92 aircraft will begin serving oil major Shell for the firm's Prelude floating liquefied natural gas (FLNG) project from its base in Australia.
Kazakhstan may offer to freeze oil output at Vienna talks
Kazakhstan said it may offer to freeze its oil output at last month's level at talks between Opec and non-Opec producers in Vienna later today.
MP criticises delay to warm home discounts for E.ON customers
It is “totally unacceptable” that discounts on energy bills for poor households over the winter may not arrive until May, a senior Labour MP has said.
Welsh government pledges £8million to cut energy costs at Tata steel plant
The Welsh Government has announced an £8 million contribution towards an £18 million investment to cut energy costs at Tata’s Port Talbot steel plant, in a fresh boost to the industry.
Nostra Terra gets additional $600,000 for Chisholm Trail sale
Nostra Terra said it has been given a cash boost for the sale of its interest in the Chisholm Trail prospect.
Texas oil and gas regulator falls short of abandoned well target
The state regulator of oil and gas in Texas said the body has fallen short of its goal to plug almost 900 wells, according to the agency's Oilfield Cleanup Program annual report.
Wintershall hit with improvement points by PSA
Wintershall Norge has been hit with a non-conformity by the Petroleum Safety Authority (PSA) after an audit was carried out of its barrier management at Brage.
Chevron expects projected investments to be 15% less in 2017
Oil major Chevron said its budget for next year will see a reduction of 42% from 2015 and is expected to be at least 15% lower than projected investments for 2016.