Seadrill considers move from London HQ to Aberdeen after Brexit
Seadrill said it could move its headquarters from London after Britain's decision to leave the European Union.
EnQuest confirms oil discovery from North Sea Eagle exploration well
EnQuest has confirmed an oil discovery at its Eagle exploration well in the North Sea.
Sir Ian Wood commends North Sea oil summit, says “urgent” focus still needed
Industry leader Sir Ian Wood said there still needed to be an “urgent focus” to support the oil and gas sector after a North Sea oil summit was held in Aberdeen.
Premier Oil gets further reprieve from lending group
Premier Oil said it has had a further deferral on its financial covenants as it looks to agree amendments on some of its debt maturities.
Gorgon still on track for second cargo after “minor” gas leak
Oil major Chevron said it remains on track to load its second cargo from its Gorgon project in coming days following a gas leak that lead to an evacuation of workers.
US Energy Secretary sees balanced oil market by 2017
The US energy secretary said he expects the oil market to be in balance in 2017, after he met with the Saudi Arabia energy minister on Friday in Beijing.
Norway strike talks move into second day
Talks have moved into their second day between unions and energy companies in Norway in a bid to avert strike action over a pay dispute.
Energy Minister launches leadership bid by saying only a Brexiteer can lead the party
Andrea Leadsom said only a Brexiteer could deliver on the referendum result as she joined the race to be prime minister.
Shaikan production reaches 25m barrel milestone for Gulf Keystone
Gulf Keystone Petroleum said its culmative production from the Shaikan field has now reached 25million barrels.
ExxonMobil makes ‘significant’ discovery offshore Guyana
ExxonMobil has confirmed a 'significant' oil find offshore Guyana.
South Africa’s strategic fuel fund offers to buy Chevron’s majority stake in refinery
South Africa's Strategic Fuel Fund has offered to buy Chevron's majority stake in the country's oil refinery in Cape Town as well as other downstream assets.
Statoil completes transaction with Lundin for Edvard Grieg stake
Statoil said it has completed its transaction with Lundin Petroleum to sell it 15% of its interest in the Edvard Grieg field for an increased shareholding in the company.
Talks begin in Norway to avoid strike action which could cut output by 6%
Talks have begun between unions and energy companies in Norway in a bid to avert strike action over a pay dispute.
Baron Oil signs fresh agreement with Infrastrata for Northern Island storage project
Baron Oil has signed a new agreement with Infrastrata regarding the conclusion of a grant agreement with the European Commission for its Islandmagee gas storage project in Northern Ireland.
FTSE 250 suffers Brexit fallout as FTSE 100 bounces back
Despite global markets descending into chaos after Britain’s vote to leave the European Union, the FTSE 100 Index has clawed back all of its post-Brexit losses.
Emission cuts from homes, transport and industry have stalled, warns committee
Progress on cutting greenhouse gas emissions from homes, transport and industry has stalled, the Government’s climate advisers have warned.
Nigeria signs oil and gas agreements with Chinese firms worth $80bn
Nigeria has signed oil and gas infrastructure agreements worth $80billion with Chinese companies.
Interoil receives unsolicited offer from unnamed bidder
Interoil said it has received an unsolicited offer from an unnamed bidder.
Google buys up 12 years’ worth of wind power from Norwegian firm
Google has bought the entire 12-year power production from a Norwegian wind power farm to help supply its European data centres with renewable energy.
Safety body hits ExxonMobil with improvement points on crane operations
The Norwegian Petroleum Safety Authority (PSA) has found a number of improvement points and non-conformities after carrying out an audit on ExxonMobil’s management of cranes and lifting operations.
Government adopts target for 57% reduction in greenhouse gas emissions by 2030
The Government has adopted climate targets which will require cuts to greenhouse gas emissions of 57% by 2030.
Chevron’s North Sea Alder project nearing production
Chevron's Alder project in the North Sea is gearing one step closer to production.
MX OIl invests in Nigeria and Mexico to beat downturn
MX Oil said it was pursuing an investment strategy to beat the industry downturn. The firm is focussing on Nigeria and Mexico as areas to plough its cash into. In the past year, it has managed to raise £11million.
PDVSA signs deal with Halliburton and Weatherford
PDVSA has signed finance agreement with Halliburton and Weatherford following payment challenges for companies working in the OPEC nation.
Construction begins on Statoil’s Johan Sverdrup riser platform
Statoil has marked the formal construction start for the Johan Sverdrup riser platform in South Korea.