BP warned today it is digging in for a long legal battle after revealing the fund set aside to deal with compensation claims over the 2010 Gulf of Mexico disaster now has less than £200million remaining.
Energy giant EDF recorded a £903 million UK profits haul in the first half of the year as Britons were charged more to crank up the heating.
Russia’s oil giant Rosneft reported near £700million (35billion roubles) net income for the second quarter of 201 - despite the costly TNK-BP buyout sparking a three-fold increase in the company's debt.
US onshore oil firm EnerJex has entered into merger talks with Colorado production company Black Raven Energy.
Eastern European-focused oil and gas firm JKX saw production rise by more than 20% for the first half of 2013 after posting a $7.5m profit.
Pemex has posted a $3.8billion loss for the second quarter of 2013 - just weeks before the Mexican government is set to overhaul the country's oil industry.
French oil giant Total saw second-quarter profits dip 3% despite reporting its first output rise in three years after being hit by a fall in oil prices.
Gas exploration giant BG Group insisted it was making 'good progress' despite seeing earnings drop 3% to $986million for the second quarter of the year.
Power giant SSE has criticised government plans for reforming the UK electricity market for failing to address the risk of shortages.
Swiss industrial group ABB says it expects to hit profitable growth targets despite seeing a 7% drop in orders this quarter.
Statoil insisted it was on course to meet full-year targets despite seeing second quarter profits fall by almost 45% on last year.
Irish energy firm Falcon has launched a bid to buy the remaining stock in its Australian subsidiary.
Swedish energy firm Vattenfall is to split in two after admitting it was writing down its assets by more than £3billion due to weakening markets.
Oilfield services giant Halliburton saw second-quarter profits drop to $679million as fracking service prices fell.
Oil exploration company Gulf Keystone has backed down in its boardroom feud with a major shareholder, just days before its AGM.
Oilfield services major Baker Hughes saw profits down after a 'mixed performance' which saw a decrease in activity in Mexico and Brazil counteract success elsewhere.
Oilfield services giant Schlumberger saw profits rocket thanks to strong growth of drilling activity outside the US.
Irish oil company Falcon has completed the buyout of Sweetpea's stake in its Australian subsidiary.
Global markets made cautious gains today as US Federal Reserve chairman Ben Bernanke raised the prospect of more economic stimulus for the world's biggest economy.
Bath-based oil firm Union Jack is looking to float on the AIM this month
The battle between Gulf Keystone and investors M&G has stepped up a gear after the oil group recommended shareholders reject all of the latter's boardroom nominees.
Asian exploration firm KrisEnergy is to launch an initial public offering in Singapore as it looks to raise more than £130million.
Lochard Energy said yesterday its shareholders had overwhelmingly backed the North Sea oil firm’s takeover by Aberdeen-based Parkmead Group.
The FTSE 100 made steady gains today as global markets resumed their rally after minutes of the US Federal Reserve's most recent meeting eased fears of an imminent tapering of monetary stimulus.
Gulf Keystone has hit back at criticisims from a major shareholder over the weekend following the appointment of Simon Murray as chairman.