Aibel wins Statoil FEED contract for Troll C
Aibel has been awarded a FEED contract by Statoil for a study into the installation of a new gas module on the Troll C platform.
Oil prices rise above $50 mark as OPEC meets to tackle excess supply
Oil prices have soared as the Opec cartel gathered in Vienna in an attempt to thrash out a deal to tackle the global supply glut.
Centrica to sell Trinidad and Tobago assets to Shell in $30m deal
Centrica has agreed to sell its interests in Trinidad and Tobago gas assets to oil major Shell for a cash consideration of $30million.
Video: Lundin celebrates one year of Edvard Grieg
Lundin Petroleum has marked one year of production from its Edvard Grieg platform in the North Sea.
Orion Group, CNOOC in joint venture deal
Orion Group has become the first mapower company to sign a joint venture agreement with China National Offshore Oil Corporation (CNOOC).
Russia, Belarus said to be close on resolution over gas prices
Russia and Belarus are said to be close to solving a dispute over gas prices.
Chevron halts output from unit at Gorgon LNG plant
Oil major Chevron has temporarily halted output from one of the two production units at its Gorgon liquefied natural gas (LNG) plant.
AFC Energy and Peel Environment Limited to work together on hydrogen project
AFC Energy has struck a deal with Peel Environment Limited to assess the techno-economic feasibility of the UK's largest hydrogen fuel cell precinct.
Jersey Oil & Gas raises £1.6m for North Sea Verbier well
Jersey Oil & Gas said oversubscribed placing has seen the firm raise £1.6million from new and existing shareholders.
Premier Oil receives monthly deferral on financial covenants
Premier Oil said it has received a monthly deferral in respect of the test of its financial covenants.
Centrica and partners submit plans for North Sea Oda licence
Faroe Petroleum has submitted a plan for the development and operation of the Oda licence to the Norwegian Ministry of Petroleum and Energy.
Amec Foster Wheeler strikes nuclear agreement with Tecnatom
Amec Foster Wheeler has struck a collaboration agreement with Tecnatom under which the two firms will work together to create an enhance offering for customers in the nuclear industry.
Australia to look at oil and gas industry in tax review
Australia is targeting the oil and gas industry for a tax review.
Video: Take a 360° dive through an oil platform ecosystem
This incredible footage shot by National Geographic takes a look around an oil platform ecosystem off the coast of California.
Jacob Engineering nets Shell Gulf of Mexico contract
Jacob Engineering Group has won a contract from Shell for its Vito host project in the Gulf of Mexico.
North Dakota law enforcement to block supplies to pipeline protesters
North Dakota law enforcement will begin to block supplies from reaching protesters at a camp near to the construction site of an oil pipeline project.
Bank of England to reveal stress test results of UK’s seven major lenders
The Bank of England will give its latest verdict on the health of Britain’s biggest lenders today after testing them against a global economic crisis and crashing house prices.
Opinion: OPEC – Short term gain, long term (continued) pain?
It’s coming down the wire.
US probes hit defunct energy co linked to Platinum Partners
Former officials of a now-bankrupt oil and gas firm once owned by Platinum Partners are being investigated by at least four US agencies.
43,500 jobs supported by green energy sector, figures show
The green energy sector supports more than 43,500 jobs across Scotland, a study has found.
Africa Energy strikes farm-out deal with Pancontinental Oil & Gas
Africa Energy has entered into a farm-out agreement with a subsidiary of Pancontinental Oil & Gas for the firm to acquire a 10% working interest in a licence offshore Namibia.
Security firm hit with slump after Shell Corrib work ends
A security firm which worked at Shell's Corrib gas project has sought protecton from its creditors after a slump in its business.
Statoil boss says no connection between cost-cutting and safety concerns
Statoil's chief executive has claimed there is no connection between the number of incidents this year and cost-cutting amid the oil downturn.
KCA Deutag wins three-year North Sea contract
KCA Deutag has won a three-year contract extension for drilling on four platforms in the North Sea.
Bank of England ‘ stress test’ to consider oil price dropping below $20
The Bank of England will give its latest verdict on the health of Britain’s biggest lenders tomorrow after testing them against a global economic crisis and crashing house prices.