Australian engineering services giant Clough, which provides procurement and construction services for Canadian oil and gas projects, has acquired Enercore - a privately owned engineering services company for C$10million
88 Energy has reported a delay at its Icewine #1 exploration well while it awaits a drilling permit from Alaskan authorities.
US shale firms are snapping up $50 oil hedges, risking a rally reversal.
Two senior Chinese officials - one who led the country’s biggest oil company and the other a deputy party chief in populous Sichuan province - have been convicted of corruption and sentenced to 16 and 13 years in prison respectively.
Oil industry training body OPITO has found itself as the inspiration for the next generation – in a unique way.
Local councils have lost up to £683 million from pension funds because of the falling value of investments in coal, campaigners have claimed.
The former chairman of China National Petroleum Corporation, and its listed firm PetroChina, has been sentenced to 16 years in prison for graft, Chinese state television said on Monday.
Russian natural gas exporter Gazprom has resumed supplies to Ukraine, chief executive Alexei Miller said in a statement on Monday, after deliveries were halted in July over a pricing dispute between Moscow and Kiev.
Australian oil and gas producer Santos has revealed it will reduce its headcount by around 200, or 6% of its staff, as it looks for A$100million ($73million) in additional savings to ride out weak oil prices.
Nigeria’s state oil company recorded a loss of $1.9 billion in the first eight months of this year mainly because of fuel subsidy spending, it said in a publication that seeks to bring transparency to the organisation.
Norway's Petroleum Safety Authority is to investigate last week's oil spill from Statoil's Statfjord A platform tanker.
LGO Energy has agreed to take a 25% stake in Beach Oilfield which sees the UK-based company gain exposure to shallow oil resources in the South West Peninsular projects in Trinidad.
Engineering giant Siemens has received an order for the supply, installation and commissioning of 54 direct drive wind turbines in Scotland.
Tethys Petroleum has called on investment group Olisol to publically correct what it calls inaccurate statements over its licence in Tajikistan.
A new course in petroleum data management for the oil and gas industry is to be launched by Aberdeen's Robert Gordon University and Oil and Gas UK's subsidary Common Data Access.
A fledgling Aberdeen IT firm is on track to reach the £500,000 turnover mark after winning new business from oil and gas firms looking to cut costs, it said.
Services contractor Bilfinger Salamis UK has appointed Mike Henderson as commercial and business development director.
Statoil has started the world´s first wet gas compression on the seabed of the North Sea Gullfaks field.
Offshore supply vessel owners are facing a "very tough" 2016 with the prospect of much of the supply fleet being laid up due to the oil slump.
Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut.
Holyrood’s Energy Minister has hit out at David Cameron over his “perverse“ stance on renewables.
Shrewd acquisitions and a willingness to take a fresh look at established assets is paying dividends for oil junior Nostra Terra and its chief executive Matt Lofgran.
The oil industry’s “best days are yet to come” as demand will grow to 110 million barrels a day by 2040, OPEC Secretary-General Abdalla Salem El-Badri stated as a conference in Kuwait City.
Green energy sources such as solar, biomass and heat pumps should be rolled out to help cut consumer heating bills, according to Scottish Renewables.
Saipem has been awarded new offshore contracts cumulatively valued at more than 600million euros.
