Rame agrees loan agreement with InterEnergy
Power producer Rame Energy has signed a development loan agreement as part of a recent deal with InterEnergy Holdings.
Highlands set for first commercial test of its refracking tech
Highlands Natural Resources is aiming to conduct first commercial tests for its DT Ultravert refracking technology this summer it has confirmed.
PetroNeft reaches compromise with activist investor
PetroNeft Resources has reached an agreement with activist investor Natlata Partners to appoint its chosen non-executive directors to the board, including controlling shareholder Maxim Korobov.
Aminex looks to first production from Kiliwani
Irish oil and gas independent Animex said it will look to begin reaping the rewards from a decade of exploration and development in Tanzania when Kiliwani North books its first reserves in country this year.
Oil workers warned of malaria risk when working overseas
Oil and gas workers are being urged to ensure they have taken precautions against one of the world's biggest killer diseases as they search further afield to find work away from the North Sea.
Tech Tuesday: Shell uses 3D printing in Stones deepwater project
Shell is using 3D printing technology to make the design and construction of equipment used in oil and gas production faster and more efficient.
SunEdison seeks financing as bankruptcy looms
Solar energy company SunEdison said it hopes to secure financing by pledging assets ahead of expected bankruptcy proceedings.
Vivint Solar sees growth returning after `disruption’ from SunEdison
Vivint Solar was supposed to be part of SunEdison by now. Instead, the residential solar installer is seeking to accelerate construction and financing efforts that flagged during the failed $1.9billion takeover bid.
BP inks Indonesian LNG deal
BP has signed a deal to supply liquefied natural gas to Indonesian power utility company Perusahaan Listrik Negara.
Challenges facing UKCS herald greater need for ‘real world’ testing
With the recent news that the UK government is looking to encourage investment in the UK Continental Shelf (UKCS) with a new competition, it is clear there is still interest in North Sea oil and gas.
Aker Solutions closes fabrication workshop with loss of 60 jobs
Aker Solutions has closed its fabrication operation at Agotnes, near Bergen in Norway, with the loss of 60 jobs.
Dong IPO may happen a year earlier than planned
The owners of Dong Energy, who include the Danish government and Goldman Sachs, may hold an initial public offering almost one year before a previously announced deadline, according to reports.
Annual revenue from industrial energy storage to hit $10.8billion by 2025
The landscape of vendors offering C&I energy storage systems (ESSs) is growing increasingly diverse and competitive, with vendors approaching the market from different angles and forming partnerships to drive the sector.
US natural gas production reaches record high
US natural gas production reached a record high level of 79 billion cubic feet per day (Bcf/d) in 2015, an increase of 5% from the previous year, even as natural gas prices remained relatively low.
Beach pulls out of BMG gas joint venture
Beach Energy and JV partner Cooper Energy have accepted an offer to convert the Basker, Manta and Gummy gas field permits VIC/L 26, 27 and 28 in the offshore Gippsland Basin into retention leases.
US Senate gives go ahead to use drones for oil and gas inspections
The United States senate has authorised the use of drones to help monitor oil and gas facilities.
Circle Oil extends debt repayments
Circle Oil has agreed and extension to its suspension of debt repayments with its lender.
Oil industry needs a lifestyle change not just a January diet says Amec FW chief
The North Sea oil crisis is a health scare that must prompt the industry to make lifestyle changes to make it healthy for the long term rather than a fad diet soon jettisoned for old bad habit, according to a senior industry figure.
North Sea needs $50 oil to encourage new fields says Prof Kemp
Renowned petroleum economist Professor Alex Kemp said further cost reductions and tax incentives are needed to stimulate activity in the North Sea.
Global oil demand easing says IEA
Growth in global oil demand will ease to around 1.2 million barrels per day (mb/d) in 2016, below the 1.8 mb/d expansion of last year, according to the International Energy Agency.
Energy XXI files for bankruptcy protection
US oil and gas explorer Energy XXI has filed for bankruptcy protection after spending $5billion on acquisitions in the years leading up to the crude slump.
Shell’s UK boss says North Sea oil is prize worth fighting for
The head of Shell's UK upstream operation said the North Sea oil industry is a "prize worth fighting for" in the years to come, but said more still needs to be done to ensure the long-term future of the sector.
US summer gasoline prices set to be lowest since 2004
American drivers will pay the lowest average summer price in more than a decade this year for regular gasoline, according to Energy Information Administration forecasts.
S&P says LNG market fighting to stay afloat in sea of supply
Ratings agency Standard & Poor's says it does not expect any material improvement in conditions or spot prices in the liquefied natural gas market in coming years.
Video: Disney’s new solar plant is a Mickey Mouse operation
Solar panels that will help with the power needs of Walt Disney World are shaped like the famous ears of the mouse that started the Disney enterprise.