Total, Socar strike deal for first production phase of Absheron field
Total and Socar have struck an agreement for the first phase of production of the Absheron gas and condensate field in the Caspian Sea.
Electricity generated for first time from Burbo Bank offshore windfarm
Electricity has been generated for the first time at Burbo Bank Extension Offshore windfarm.
Legal proceedings launched over UK fracking decision
Legal proceedings have been launched at the High Court after the UK Government approved plans for fracking in Lanacashire.
California has announced $14M settlement with BP over gas tanks
California prosecutors have reached a $14million settlement with BP over violations in operating and maintaining underground storage tanks at gas stations in the state.
Iraq to offer up alternative proposals at OPEC meeting
Iraq will offer three new proposals at the upcoming OPEC meeting in Vienna to implement an oil output cut, according to reports.
Rowan, Saudi Aramco sign deal on offshore drilling rigs
Rowan Companies has struck a joint venture with Saudi Aramco to operate offshore drilling rigs in Saudi Arabia.
Shares issued on LSE for EnQuest after restructuring deal
EnQuest said new shares have been issued on the London Stock Exchange after its restructuring deal was completed earlier this month.
FTSE energy stocks boosted by OPEC deal hopes
Energy stocks shot to the top of the FTSE 100 as oil prices jumped on hopes that Opec was one step closer to reaching a supply cut deal that would buoy floundering prices.
Sir Ian Wood hails Aberdeen’s City Region Deal as “vote of confidence” at official signing
Industry leader Sir Ian Wood has hailed Aberdeen's City Region Deal as a "vote of confidence" from Westminster and Holyrood in the potential of key industries.
Police and protesters clash at Dakota Access Pipeline
Police and protesters have clashed near the site of the Dakota Access pipeline, with at least one person arrested.
Promoted: Liftex 2016 – have you registered your place yet?
On Wednesday 23rd November, LiftEx 2016, the UK's leading lifting exhibition, will open in the fantastic Aberdeen Exhibition and Conference Centre (UK)!
Statoil boss predicts jobs creation as North Sea projects come on stream
A Statoil boss in Bergen said he believes the company could start hiring again soon.
EnQuest confirms financial restructuring complete
EnQuest said it has completed its financial restructuring.
EY Guest Editor: Derek Leith on the oil and gas outlook
Pausing to review the landscape ahead of Philip Hammond’s debut statement as Chancellor, it is difficult to imagine a more challenging set of circumstances for him to deal with.
Hurricane Energy awarded licence close to Lancaster by OGA
Hurricane Energy said it has been awarded the P2308 licence by the Oil and Gas Authority (OGA) in an out of round application.
Interpol drops arrest warrant for MOL boss
An international arrest warrant which had been put out for the head of Hugary's MOL Group has not been renewed.
Firms to come together next month on MER talks for Southern North Sea
Offshore companies have come together to create a steering group which will explore opportunities to maximise remaining gas reserves in the Southern North Sea.
BEIS launches inquiry into Brexit negotiation priorities for energy and climate change
The department for Business, Energy and Industrial Strategy (BEIS) has launched an inquiry into the UK's Brexit negotiation priorities for energy and climate change policy.
Sirius Petroleum and Add Energy enter Nigeria contract
Sirius Petroleum has struck an agreement with Add Energy for a multi well campaign as part of the firm's offshore development strategy in Nigeria.
EY to take over from Deloitte as Premier Oil auditors
Premier Oil has completed a tender process selecting Ernst & Young as its new auditor from next year.
GC Rieber nets Chevron contract
GC Rieber said it has entered into a time charter agreement in West Africa with Marine Platforms Limited (MPL) for the SURF vessel Polar Onyx.
VW plans to cut 30,000 jobs
Volkswagen has announced plans to cut 30,000 jobs worldwide by 2021.
Opinion: The value of corporate challenges in a school environment
The Bright Ideas Challenge – now in its second year – is an exciting cross-curriculum linked competition that invites secondary students, aged 11-14, to use their STEM (science, technology, engineering and maths) skills to come up with ingenious and exciting new ways to power future cities.
San Leon completes sale of Polish onshore assets
San Leon Energy has completed its sales agreements for its interests in two Polish onshore assets in the Permian Basin to Palomar Natural Resources.
Eni’s board gives go-ahead for Coral discovery
Eni's board of directors has given the green-light for investment in the first phase of the development of the Coral discovery offshore Mozambique.