New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens, resulting in a major reshaping of the global gas trade in the next five years.
Europa Oil & Gas, the AIM listed oil and gas exploration, development and production company focused on Europe, has formally accepted the award of four new Licensing Options as part of phase two of the 2015 Atlantic Ireland licensing round.
Oilex has reached an agreement to end legal proceedings with shareholder Zeta Resources, meaning neither company will pursue claims made against one another.
Three Bristow S92 helicopters have arrived by ship from the Falklands to Southampton where they were discharged at port before making the flight to Aberdeen to bolster the company's fleet following the grounding of the Airbus Super Pumas.
Nighthawk Energy, the US focused oil development and production company has received unconditional approval from Colorado authorities to progress its water flood project at Arikaree Creek.
Russian oil producer Rosneft said profit slumped in the first quarter as crude prices hit its bottom line
Well and stimulation design for 88 Energy's Icewine project in Alaska is almost complete as the company continues along its path to developing what it believes will be one of the biggest plays in the region.
Royal Dutch Shell has unveiled steeper cost-cutting measures for the business after the recent deal to acquire BG saw debt levels rise to 26% of the global oil giant’s total capital.
Engineering firm Costain will use the discipline of operating within the tight margins of civil engineering and utilities sectors as it looks to make a mark in the oil and gas decommissioning sector.
The growth in total US dry natural gas production will come from the increased development of shale gas and tight oil plays, according the the country's Energy Information Administration.
Energy services company, AGR, has announced a deal to work with the Norwegian development and production company, OKEA, to support the life cycle of its upstream assets on the Norwegian continental shelf.
Shell boss Ben Van Beurden said the company was fully focused on being the world's number one oil and gas company.
Global growth of alternatively fuelled cars and light vehicles will see demand for oil decline between now and 2050, new research has revealed.
Oil and gas firm Engie (Norge) has been given the go ahead by the Norwegian authorities to drill a wildcat well in the Norwegian Sea.
New technology is helping to help pinpoint unexploded mines, bombs and missiles at new offshore energy sites.
Oil and gas recruitment firm Petroplan is reporting more demand for permanent roles in the Houston jobs market, bucking an industry trend.
Joint integrity specialist Hydratight has completed an upgrade project on a section of subsea pipeline on the North West Shelf of Western Australia.
Shipping equipment manufacturer Cathelco has been appointed Mark McKinlay as business development manager for Cathelco Grampian.
Drilling contractor Hercules Offshore has filed for bankruptcy, just six months after emerging from its first bankruptcy.
A new piece of technology which delivers vital nitrogen supplies to platforms, vessels and onshore worksites – by refining the gas from the atmosphere – has been developed, tested and deployed in the North Sea.
Lukoil, Russia’s second-largest oil producer, saw profit slump by 59% in the first quarter as oil prices declined to a 12-year low.
Solo Oil expects to reach its expected offtake rate from the Kiliwani North production operations in Tanzania later this year.
When it comes to the North Sea, there is no such thing as an easy sale, even for oil giants Shell and BP.
Exxon Mobil may invest more than $10 billion as it transplants the US shale-drilling model to Argentina’s Vaca Muerta region in the next few decades, chairman and chief executive Rex Tillerson believes.
Motorists have been hit with a rise in the price of petrol and diesel for the third month in a row, according to new figures.
