Deepwater lure could attract bidders to Mexico’s next licensing round
Mexico needs to attract significant interest to salvage a bidding round hampered by delays and low oil prices according to research carried out by consulting firm GlobalData.
Mexico needs to attract significant interest to salvage a bidding round hampered by delays and low oil prices according to research carried out by consulting firm GlobalData.
Satellite communications specialist ITC Global has been awarded a multi-million dollar contract by Maersk Drilling to service the Danish company's fleet of drilling rigs.
A new 5MW solar project that can provide power to 1,400 homes has been switched on in Bedforshire, England.
Oscar-winning actress Emma Thompson has joined activists outside the headquarters of Shell to celebrate news that the oil giant is pulling out of drilling in the Arctic.
Norwegian energy giant Statoil has announced the completion of its 482km Polarled pipeline, the deepest on the Norwegian continental shelf.
The boss of global tidal developer Atlantis Resources has joined the board of the industry group promoting renewable ocean energy.
Central Asian-focused UK independent Roxi Petroleum has posted a first half pretax profit of $18.7m in 2015 thanks to the sale of the Galaz gas plant in Kazakhstan.
Independent producer Trinity has revealed it is looking for a buyer for its assets in Trindad and Tobago whilst agreeing a further extension until October 9 to its debt repayment "moratorium" on the $13million it owes is principal lender.
Rame Energy, the UK-based power producer, reported grew its revenue more than six fold in the first half of 2015 as projects in Chile came on stream.
German engineering giant Siemens has developed a new turbine for the oil and gas industry based on the Rolls Royce jet engines that have powered thousands of the world's airliners.
The Irish High Court has granted independent oil and gas producer Petroceltic an injunction prohibiting activist investor Worldview Capital from proceeding with its attempt to hold another extraordinary general meeting.
A new initiative to develop an orderly shift to a low carbon economy - backed by energy giants including Shell and BHP Billiton - was officially launched today.
Safety training provider Falck proved it practices what it preaches by winning an occupational health and safety award.
Gannets are at much higher risk from offshore wind farms being built on the UK’s coastline than previously thought, a new study has warned.
Rose Petroleum said the "radical and far-reaching" cost cutting it took to adapt to low oil prices has left it in a strong position maximise its oil and gas assets in the future.
The political turmoil in Ukraine has led to Regal Petroleum seeing its half-year profits slump in 2015.
Renewable project developer Camco Clean Energy said its focus away from its legacy carbon business was bearing fruit with its energy storage venture helping it perform above expectation.
Indian renewable power producer Mytrah has commissioned the first phase of its wind energy project in Rajasthan ahead of schedule.
Volkswagen executives in Germany controlled the key aspects of emissions tests whose results the carmaker now admits were faked, according to three people familiar with the company’s US operations.
For the second time in US records, natural gas eclipsed coal as the primary fuel for electricity generation.
Singapore's EMAS Offshore has appointed Captain Adarash Kumar as its new chief executive.
Falkland Oil and Gas Limited, the exploration company focused on the South Atlantic, has said efforts to resolve equipment issues on its Humpback well took longer than expected and resulted in a revised drilling programme.
Industry body Step Change in Safety has been recognised for its contribution to the energy sector at the 2015 Northern Star Business Awards, held in Aberdeen.
Highlands Natural Resources, the London listed oil and gas company, is set to join forces with Schlumberger to develop fracking technology.
Spanish oil major Repsol has reached an agreement to sell the 10% stake it held in oil storage firm Compañía Logística de Hidrocarburos (CLH) to investment company Ardian for 325million Euros.