Marathon oil ‘lives within its means’, reports $2.1billion net loss
Marathon oil posted a $2.1billion net loss for 2016, despite 'living within its means'.
Shell loses $254m court case
MISC unit Gumusut-Kakap Ltd (GKL) has won its adjudication claim against Sabah Shell.
Railroad Commission pleads case for more funding
Funding for the Railroad Commission is not sufficient for the agency to do its job regulating the state’s oil and gas industry and protecting public health and safety, the commission’s chairwoman told a legislative committee Thursday.
Genel Energy one step closer to creating “cornerstone” of gas exports
Genel Energy is one step closer to creating the "cornerstone" of gas exports to Turkey after finalizing the sharing contracts terms for the Miran and Bina Bawi gas fields.
Tellurian completes merger
Tellurian Investments and Magellan Petroleum Corporation completed have finalized their merger.
Cluff Natural Resources ditches £1 North Sea bargain buy
Cluff Natural Resources today confirmed it had ditched its plans for its £1 bargain North Sea buy from Verus Petroleum.
Lundin spins-off assets, creates new company
Lundin Petroleum today confirmed it had sliced off part of its assets to create a new company.
Lundin celebrates 100million barrel oil find
Lundin Petroleum this morning revealed it made a new oil discovery estimated to total up to 100 million barrels.
Statoil awards contracts worth NOK2.7billion
Statoil today awarded a string of contracts worth NOK2.7billion.
Spread of windfarms across Scottish Highlands revealed
The scale of the spread of windfarms in the north of Scotland has been exposed in a new map.
Don’t get used to the amazing cuts in OPEC oil production
Don't get your hopes up that the oil market's headed back to the future.
Exclusive: Martin Houston – Why I said no to being BG’s CEO and decided to do LNG my way
Martin Houston has zero regrets about turning down the top job at BG Group.
Timelapse: Watch GE’s annual meeting come together in Florence
GE Oil & Gas hosted more than 1,500 people at its annual meeting in Florence, Italy.
Wressle partners vow to fight council decision
The partners of an onshore oil and gas discovery located in the "heart of the East Midlands petroleum province" have vowed to fight North Lincolnshire Council's refusal to grant planning permission.
Updated: BP “back to growth”
BP chief executive Bob Dudley said the firm had laid the foundations to pivot "back to growth".
Statoil falls into the red for fourth quarter
Statoil posted an operating loss of $1.8billion for its fourth quarter results.
Lawyers could take on government over ‘crippling’ rates hike
A group of north-east industry leaders has launched a legal bid to fight “potentially crippling” business rates.
Hurricane Energy says new test peg previous estimates as “conservative”
Hurricane Energy today said new testing had cast its previous resource estimates as "conservative".
Statoil strips more costs out of Johan Sverdrup development
Statoil has successfully continued to drive the total costs for its flagship Johan Sverdrup development down.
AFC names new chief operating officer
AFC Energy has named its new chief operating officer.
Aminex well hits gas
Aminex today confirmed it Ntorya-2 appraisal well in the Ruvuma PSA in Tanzania successfully hit a gas play.
Petrofac wins $25million BP North Sea deal
Petrofac has landed deal with BP for its North Sea assets.
Updated: Delek to takeover Ithaca Energy in major North Sea deal
Delek Group is set to takeover Ithaca Energy.
OGA awards two contracts aimed at expanding UKCS mapping
The Oil and Gas Authority (OGA) has handed out a pair of contracts aimed at expanding the resource intelligence and mapping of the UK Continental Shelf (UKCS).
AkerBP records solid fourth quarter
AkerBP recorded a "solid" fourth quarter, according to its chief executive.