Amerisur’s Paraguay well delivers disappointing results
Amerisur Resources' Jaguarete-1 well in Paraguay has demonstrated the presence of oil within the basin but are "unlikely to be commercially extractable"
Amerisur Resources' Jaguarete-1 well in Paraguay has demonstrated the presence of oil within the basin but are "unlikely to be commercially extractable"
Rosneft and BP have today signed final binding agreements to create a new joint venture, Yermak Neftegaz, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the Russian Federation.
Lansdowne Oil and Gas posted a loss of £15million for the year to the end of December - including an impairment charge of £14.95 million.
Empyrean Energy said shareholders James Kight and Richard Appleby have requested an extraordinary general meeting of the company to consider resolutions regarding the removal of two senior directors.
A man has died following a gas “blow-out” at one of Europe’s deepest mines.
The Norwegian Petroleum Directorate has granted Det norske a drilling permit for a wildcat well in the North Sea.
Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited's (EESL) Aberdeen based fabrication and manufacturing business, following an announcement last month that EESL had appointed administrators.
Oil pared the biggest weekly decline in more than two months as the dollar extended its retreat, increasing the appeal of commodities priced in the U.S. currency.
National Grid should lose its role of managing the nation’s power network and be replaced by an independent operator.
Preliminary production figures for May 2016 show an average daily production of about 1 944 000 barrels of oil, NGL and condensate. This is 87 000 barrels per day (about 4% less than April 2016.
The long-running and bitter battle for control at Irish exploration company Petroceltic has concluded with main shareholder Worldview Capital assuming full control of the company.
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Oil major BP is unlikely to invest in Saudi Aramco's flotation, chief executive Bob Dudley told reporters at the St Petersburg International Economic Forum.
Energy inspection, repair and maintenance specialist Neptune is looking outside its traditional subsea market towards the nuclear sector as it pursues continued diversification.
There is hope in the oilfield service industry despite the current downturn with a project $30billion growth from 2014-2018 according to a leading analyst.
Crude is stabilizing around $50 a barrel and may only average $55 next year as the global oversupply continues to cap prices, according to two of the world’s top oil executives.
Operator InfraStrata and partner Baron Oil have failed to find hydrocarbons during the drilling of the Woodburn Forest well in County Antrim, in Northern Ireland.
Oil and gas firm DEA, controlled by Russian billionaire Mikhail Fridman, is eyeing more Norway deals, the firm's recently appointed Norway manager said in an interview
Exxon has evacuated non-essential personnel from its Las Flores Canyon facility in Santa Barbara county in response to a wildfire.
Victims of a toxic waste scandal in Ivory Coast have won a High Court action against their British law firm.
Oil company Xcite Energy has confirmed Nordic Trustee has called a bondholders' meeting to be held later this month.
Industrial fuel cell specialist AFC Energy has received a EUR2.1million cash boost from the European Union's Fuel Cells & Hydrogen Joint Undertaking.
Fugro has been awarded a three-year contract for integrity management support (IMS) and intervention works for Det norske in the Norwegian sector of the North Sea.
SDX Energy is withdrawing from the Bakassi West project, offshore Cameroon as it concentrates on its core assets.
A leading steel firm has bought a plant to make wind towers and large-scale tubular steel fabrication.