Petroceltic completes Ain Tisila well on schedule and under-budget
Petroceltic has successfully completed the second development well on its flagship Ain Tsila field in Algeria under-budget and on schedule.
Europa agrees deal over Holmwood prospect
Europa Oil and Gas and Union Jack Oil have joined other oil juniors on the PEDL143 licence in southern England, which hosts the Holmwood prospect, after signing a deal to acquire a stake in the project by partly funding future work programmes.
CENSIS strengthens subsea technology team
CENSIS, the Scottish Innovation Centre for Sensor and Imaging Systems, has ramped up its technical offering for the subsea, offshore and marine sectors with the appointment of two industry experts.
Politicians welcome green-light for Beatrice wind farm
News that the consortium of developers led by SSE have committed the final £2.6billion investment decision for the 588MW 84-turbine Beatrice offshore wind farm in Scotland has been welcomed by politicians.
Subsea 7 confirms $1billion contract for Beatrice wind farm
Subsea 7 has confirmed it has secured a major $1billion plus contract for the Beatrice offshore windfarm in the Moray Firth.
Updated: Massive new £2.6billion Beatrice windfarm gets go-ahead off Scottish coast
A consortium of developers led by SSE have committed the final investment decision for the 588MW 84-turbine Beatrice offshore wind farm in Scotland.
Andes Energia production hike helps 2015 results
Increased production helped South America focused Andes Energia to report larger revenues in 2015 compared with the previous year.
Nigeria deploys extra military as Niger Delta attacks continue
Nigeria's President Muhammadu Buhari on Friday said he ordered a heightened military presence in the restive Niger Delta region to deal with a resurgence of attacks on oil and gas facilities, a day after yet another pipeline explosion.
Shale drillers hold off retiring rigs as cash flows improve
Oil explorers in the U.S. put a pause on their rig cancellations this week as improving technology and rising prices make some basins more profitable.
Evacuated oil-sands sites await better air quality for return
Alberta officials are counting on cool, humid weather in the coming days to help them better contain a raging wildfire in the heart of Canada’s energy industry and allow them to lift evacuation orders affecting some of the biggest production sites.
Opinion: Supply chain could learn from construction sector
Although I’m in danger of teaching grannies to suck eggs here, please bear with me… Design & Build (D&B) is a project delivery system used by the construction and related industries to deliver projects in which the design and construction services are contracted by a single entity known as the design & build contractor.
Oil price increase leads to petrol price hike
The surge in the price of oil has scuppered hopes that petrol prices would stop increasing, according to figures.
Cairn India boss quits for “personal reasons”
Cairn India boss Mayank Ashar has quit decided to step down for personal reasons, just a month after the nation’s largest private oil producer posted its biggest quarterly loss.
Shell and Exxon most exposed to Nigerian violence
Oil majors Shell and Exxon are the international oil companies most exposed to the explosion of violence in the Niger River delta that has cut Nigeria’s output and fueled a rally in global crude prices, according to Rystad Energy.
Oil majors look at green options to bolster balance sheets
Europe's biggest oil companies, reeling from losing billions in the two-year oil market rout, are intensifying their push into renewable energy as they hunt for new sources of future revenue.
Video: Flyover of controversial Third Energy fracking well site reveals established industrial facility
Drone footage of the controversial Third Energy fracking site in North Yorkshire reveals an established industrial site that has been operating efficiently for more than 20 years.
Subsea 7 lands “major” contract worth at least $750million
Subsea 7 was giving little away with an announcement that it had been awarded a major offshore contract worth up to $750million, but declined to give details.
Third Energy awaits decision on UK fracking operation
People living close to a proposed fracking operation in North Yorkshire have told councillors they do not want to be the first community in the UK to allow the controversial gas extraction technique.
Oil and mining stock hikes give FTSE a boost
The London stock market rose strongly, driven by mining and oil stocks which clawed back much of yesterday’s heavy losses.
Updated: Technip FMC lack of “overlap” should mean no repeat of Halli-Baker call off
Analysts are confident Technip and FMC Technologies will do what larger oil service and equipment providers Halliburton and Baker Hughes ouldn’t - close a merger during the market downturn.
Plans for new nuclear power station move forward
Plans to build a nuclear power station in Wales have taken an “important“ step forward with the announcement of a delivery team for the £10 billion project.
Regulators approve pipeline expansion despite objections
Energy regulators have recommended the approval of Kinder Morgan's $5.4billion Trans Mountain oil sands pipeline with the final decision now resting largely with Canada's Prime Minister Justin Trudeau.
SDX Energy plans immediate production from Egyptian play
SDX Energy has found oil in its North West Gemsa prospect in Egypt.
Kemp: oil industry showing encouraging signs of better practices
Energy economist Professor Alex Kemp says he has seen "encouraging signs" in the oil and gas industry despite the long-running downturn.
Top chief executive salaries should be slashed says investor group
Salaries of FTSE 100 chief executives are “too high” and should be slashed by more than half, according to shareholder advisory group ShareSoc.