Shell activist uprising quashed in shareholder vote
Shell shareholders overwhelming rejected a proposal by environmental group Follow This, which asked the oil super major to publish annual targets to reduce carbon emissions.
Seadrill names new CEO, firm sees North Sea activity increase
Seadrill this morning confirmed the appointment of Anton Dibowitz as chief executive.
Opinion: Shale is just a scapegoat for weaker oil prices:
When the Organization of the Petroleum Exporting Countries gathers in Vienna this week, members and non-OPEC oil producers are likely to extend the production cuts put in place in November as a way to shore up prices, which have been choppy this month. Whatever the final details look like, a mix of oil-bullish policy and jawboning are likely to be on the menu.
US gas to benefit from China boost, report says
US gas companies could see a large LNG export potential to China after President Donald Trump and President Xi Jinping reached the bilateral trade agreement last month, said Rystad Energy.
Urals Energy plans first shipment of oil after being hit
Urals Energy today confirmed it was prepping its first shipment of oil from its Archtineft development to go out next month.
UK-based Sound Energy bolsters Morocco esitmates
UK based Sound Energy this morning doubled its estimates for first phase volumes from its Moroccan play.
Mosman Oil and Gas acquires slice of US play
Mosman Oil and Gas today confirmed it had paid, through its subsidiary Mosman Texas, $500,000 for a 10% stake in the Arkoma Stacked Pay Project.
Exclusive: SNP unveils plan to help oil industry ‘thrive for years’
The SNP today hit out at the Conservatives’ plan for a “managed decline” of the oil and gas sector as it unveiled its own general election offering for the North Sea.
Disruption and Decommissioning … what are you waiting for?
Decommissioning a well is an unavoidable cost and a logistical challenge. There is no economic upside, financial incentive or obvious cause to be enthusiastic about decommissioning. The cost is uncapped, unknown and can be, frankly, more than a little unnerving.
Production flows from Vitol’s Ghana development
Vitol confirmed first production has successfully flowed from the Sankofa Oil and Gas Project.
Hurricane Energy turns profit, chairman hails success
Hurricane Energy made a post-tax profit of £700,000, it was confirmed in its annual report today.
Transocean pays Coastguard bill for stranded rig
Coastguards have finally been paid their £400,000 bill for dealing with an oil rig that ran aground in the Outer Hebrides last year.
Shell launches investigation after North Sea gas leak
Investigations were today underway after Shell was forced to downman one of its North Sea platforms.
Shell CEO’s pay and climate change goals to take centre stage as shareholders vote this week
New climate change goals and CEO Ben van Beurden's pay are both to take centre stage at Shell's AGM this week.
Zenith Energy names new COO
Zenith Energy has named Michael Palmer as its new chief operating officer.
Halliburton names new CEO
Halliburton has confirmed Jeff Miller will replace Dave Lesar as the company's chief executive.
BP shareholders approve reduced Dudley pay and new pay policy
BP shareholders waved through a reduced pay packet for the company's chief executive Bob Dudley.
Cairn Energy’s Senegal push pays off
Cairn Energy today confirmed it has completed its ninth successful well in Senegal in three years.
Tullow confirms oil find in Kenya
Tullow Oil this morning confirmed an oil find in Kenya.
Sound Energy prepares for Morocco bid
Soudn Energy is one step closer to capitalizing on the "exciting hydrocarbon province" of Morocco.
Shell awards Brent Bravo decom work
Shell today awarded a decommissioning contract to support the upcoming single lift of its Brent Bravo topside in the North Sea.
Texas Supreme Court allows landowners power to sue over contamination
The Texas Supreme Court ruled late last month that the Railroad Commission of Texas, the state’s oil and gas regulator, does not have exclusive jurisdiction over environmental contamination cases, which can be settled in court.
Premier Oil boss says “we are ahead of plan”, targets cash positive year, E.ON buy pays off
Premier Oil boss this morning said the firm was making strides towards a cash positive year.
Ithaca chips away at operating costs in wake of Delek takeover
Ithaca this morning reported a reduction in its operating costs for the first quarter of the year.
Cost squeeze petering out for service sector, says Expro boss
The sector has squeezed the service firms as hard as it can, according to Expro's chief executive.