Northcote eyes onshore opportunities in Mexico licence round
Northcote Energy has said it is making progress with it plans to acquire onshore assets in Mexico via the Government’s ongoing licensing rounds.
REG receives buy-out offer
Renewable Energy Generation has received an approach from an unnamed party that could see the developer delist from the AIM and placed into voluntary liquidation.
President eyes 302 million barrels of oil in Paraguay prospect
President Energy has found what it believes could be more than 300 million barrels of oil in its Boqueron prospect in Paraguay.
China triples proven reserves at top shale gas project
China has nearly tripled the size of proven reserves at its Fuling project, by far the country's largest shale gas find, according to an official from investor Sinopec Corp and an industry report.
Encana sells Colorado assets for $900million
Encana has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in Colorado for $900million.
At least 1,000 jobs go as clean energy firms go into administration
Home insulation firm the Mark Group and energy efficiency firm Climate Energy have gone into administration within hours of each other with the loss of at least 1,000 jobs.
Ace Winches welcomes Singapore delegation
Deck machinery specialist Ace Winches has welcomed a delegation from Singapore to its Towie Barclay Works facility in Aberdeenshire.
Scottish Government puts moratorium on underground coal gasification
The Scottish Government has announced it has put in place a moratorium on underground coal gasification (UCG) in Scotland, following on from its existing fracking moratorium.
Amec Foster Wheeler to lead UK nuclear industry research programme
Amec Foster Wheeler has been selected to lead a new project to set up a high-temperature facility (HTF) for nuclear industry research.
GE Oil and Gas launches new gas compressor programme
GE Oil & Gas has launched a new programme for gas compression packagers with Houston-based manufacturing specialist AFGlobal the first participant.
Noreco production down in September
Norwegian Energy Company (Noreco) has revealed net production for September is estimated at 3,186 barrels of oil equivalents (boe) per day, down from August's 3,561.
Aqualis Offshore opens in Kuala Lumpur
Offshore marine and engineering consultancy Aqualis Offshore has opened an office in Kuala Lumpur, Malaysia, as part of ongoing international expansion.
Frontera upgrades gas potential in Georgia operations
Frontera Resources said the amount of gas-in-place at the Mtsare Khevi gas and Taribani field complexes in Georgia could be more than 10 times higher than previously thought.
Tullow reaches Onal agreement with Gabon government
Tullow Oil has reached an agreement with the Gabon government allowing the producer to regain its 7.5% stake in the Onal Complex fields and the Ezanga block.
North Sea: Life after redundancy
An Aberdeen engineer, made redundant during the recent oil industry contraction, has decided to return to further education as the sector confronts a new reality.
Oil and gas young professionals aim to tackle jobs crisis
Young oil and gas professionals are experiencing despondency and low morale according to one young engineer who is helping organise an event to improve the options for young engineers.
Imperial and Husky create single truck transport fuel network in Canada
Imperial Oil and Husky Energy are entering into an agreement that will create a single truck transport fuel network of about 160 sites in Canada, approximately twice the size of either individual network today.
Solar overtakes wind as renewable source in Australia
Solar power became Australia’s largest source of renewable energy in 2014, with a cumulative installed capacity of 4 gigawatts (GW), overtaking wind power.
Electricity from coal falls while natural gas rises in US
The monthly natural gas share of total US electricity generation surpassed the coal share in July for the second time ever, with natural gas fueling 35.0% of total generation to coal's 34.9% share.
Baker Hughes reveals worldwide rig count down in September
Baker Hughes has revealed the worldwide rig count for September 2015 was 2,171, down 55 from the 2,226 counted in August 2015, and down 1,488 from the 3,659 counted in September 2014.
Statoil remains tight lipped on possible delay to Aasta Hansteen production
Statoil remained tight-lipped on reports that the Aasta Hansteen gas field off Norway could be delayed until 2018 due to delays in constructing its platform.
Indonesians get first-hand view of Orkney’s marine energy expertise
Marine renewable energy experts and senior government staff from Indonesia have visited Orkney to see what lessons they can learn from the industry in Scotland.
Petrogrand and Shelton agree Russian merger
Petrogrand and Shelton Petroleum have agreed to form a combined and enlarged oil group with Russian oil assets exclusively and to dissolve the cross-ownership between the two companies.
Gemini completes anti-corrosion work ahead of schedule
Anti-corrosion specialist Gemini Corrosion Services has completed a £1/4 million contract ahead of schedule for Japanese company Sumitomo, securing jobs at its Montrose base in Scotland and raising the possibility of future expansion.
Urals Energy expands licence area in Russia
Urals Energy, the independent exploration and production company with operations in Russia, has been granted an additional license by the Russian regulatory authorities to expand the boundaries of its license area at Arcticneft.