Dong doubles profits in first half of 2015
Danish energy company Dong has bucked the recent trend of gloomy half-year results by announcing a doubling of profits in the first half of 2015.
Circle Oil gets extension of permit for Tunisian prospect
The Tunisian authorities have approved an application from Circle Oil to renew the exploration permit on its Mahdia block.
Petroceltic moves forward with Algerian gas plant development
Irish oil and gas producer Petroceltic has invited bids from contractors to begin work on its flagship gas plant in Alergia,
Inspired Energy sees profits increase in first half of 2015
Energy procurement consultant Inspired Energy has increased its pre-tax profit by 50% whilst increasing revenue by more than 30% in the first half of 2015.
Opinion: It’s time to address the technical challenges of decommissioning
Decommissioning has been on the oil and gas agenda for many years, although to the majority within the industry it was something not to be concerned about “now”. It would be carried out “mañana”, and by someone else.
Climate expert says more UK fracking facts needed as new licences awarded
The national institute that measures methane emissions from shale gas extraction has said fracking's impact on the UK cannot be judged until all the facts are known.
Transerv spuds key test wells in massive Australian gas play
Work has begun on two test wells that could unlock Australia's biggest undeveloped onshore gas field .
Gulf Coast Western creates safety services subsidiary
Dallas-based Gulf Coast Western has formed a subsidiary to provide a full suite of well completion and operational safety services to the oil and gas industry.
Syndicate to develop South African wind farm project
An international consortium is to develop two new wind farms, generating up to 250 mega watts, in South Africa.
Cairn focused on one billion barrel oil prize, North Sea remains “attractive” market
Cairn Energy remains focused on the billion barrel oil prize that is within reach from its discovery in West Africa.
MX Oil maintains focus on Mexico
Hydrocarbon investment company MX Oil has said it is closer to securing additional assets in Mexico.
Seismic downturn has impact on Seabird
Weak global seismic market demand and a downturn in the sector caused survey specialist Seabird Exploration's revenue to drop by more than half in the second quarter of this year, leading to a $6.5million loss.
Sonardyne opens on French riviera
Subsea navigation and positioning specialist Sonardyne has opened its first permanent office in France to help support its customers in the Mediterranean.
Accenture to acquire Schlumberger’s consultancy arm
Accenture has entered into an agreement to acquire Schlumberger Business Consulting (SBC), the management consulting unit of oilfield services specialist Schlumberger for an undisclosed sum.
US law firm investigates alleged price fixing by oil majors on West Coast
Oil refiners including Chevron, ExxonMobil and BP are being investigated for alleged price fixing based on claims that they colluded to control the supply of gasoline in the western United States.
South Africa’s ANC backs oil-law plan
South Africa’s ruling African National Congress backed a plan to split legislation governing the oil and gas industry from mining laws as the party begins a review of its policies.
Switching to LED street lights could save Scots more than £26million a year
Switching to LED street lights could save millions of pounds a year for local authorities across Scotland, new figures suggest.
Tekmar begins cable installation on Gemini wind project
Subsea cable protection specialist Tekmar Energy has begun installing its equipment on what will be one of the world's largest offshore wind parks.
VNG Norge gets go-ahead for new wildcat well
The Norwegian Petroleum Directorate has issued a drilling permit to operator VNG Norge for a new wildcat well in the North Sea.
Albacom signs aircraft deal with Saab
Electronic components specialist Albacom has secured a £340,000 contract with Saab to supply aircraft parts.
Green Dragon on track with strong first half of 2015
Green Dragon Gas, the China-focused independent, has increased revenue and cut its loss from $69.3million to $1.4million in the first half of the year.
LGO expands drilling programme in Trinidad
LGO Energy has confirmed it has begun drilling its seventh well of the year in Trinidad.
Tethys loss spikes in second quarter
A strong gas performance and focus on cutting costs delivered encouraging second quarter performance for Tethys Petroleum, the Caspian focused producer said, despite reporting a spiked loss.
Texas power market hasn’t been this hot since it was cold
Texans cranking up their air conditioners to battle a heat wave are spurring the highest electricity prices since the so-called polar vortex brought frigid arctic air into the U.S. 18 months ago.
Unipetrol shares slump as market weighs cost of fire
Refinery operator Unipetrol posted its worst two-day slump in more than six years as speculation mounted that a fire that shut down the company’s ethylene unit may curb earnings.