Opinion: Are we really on the cusp of recovery?
So, here we are, on the cusp of what some are now calling a recovery, but is that right?
So, here we are, on the cusp of what some are now calling a recovery, but is that right?
Nigeria's President Muhammadu Buhari on Friday said he ordered a heightened military presence in the restive Niger Delta region to deal with a resurgence of attacks on oil and gas facilities, a day after yet another pipeline explosion.
Gulf Keystone Petroleum extended a debt agreement with lenders as it aims to address its financial troubles.
Large scale mergers are on the up.
Circle Oil's debt obligations means the result of its ongoing strategic review is likely to lead to "little or no value" for its shareholders it confirmed.
Oil headed for a second weekly advance as U.S. crude production continued to decline and wildfires in Canada expanded.
Oil majors are in talks with Mexico's state-owned Pemex as the struggling state-run oil producer seeks partners to develop deepwater crude in the Gulf of Mexico.
Alberta firefighters successfully defended Suncor Energy and Syncrude Canada oil-sands sites from wildfires as rain brought some relief and the blaze that shut more than a million barrels a day of production in Canada’s oil patch expanded in other directions.
Total and Australia's Oil Search have agreed exclusive Memorandum of Understanding (MoU) to acquire InterOil in a $2.2billion deal .
A large demonstration is expected to greet councillors gathering in North Yorkshire today to consider whether to give a green light to a controversial fracking operation.
Highland MP Paul Monaghan has referred the UK Government’s plan to transport nuclear waste from Dounreay to the United States to the European Commission.
Trade body Oil & Gas UK (OGUK) us seeking data experts to help the industry make sense of one of the world’s largest collections of subsurface oil information.
Each week, Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week.
Waste management specialist Augean has snapped up fellow industrial waste firm Colt in a £9.2million deal.
BP is considering the sale of a minority stake in the Forties pipeline, one of the most important pieces of oil infrastructure in the U.K. North Sea, according to sources close to the matter.
Royal Dutch Shell Plc is in talks with potential buyers for some North Sea assets, mostly fields itgot this year as part of the record acquisition of BG Group Plc, according to people familiar with the matter.
EnQuest expects to deliver its full year production guidance this year citing improved performance from its North Sea assets as a major factor in the increase.
Technip and FMC Technologies today revealed the two firms would merge to create TechnipFMC - a new company with an equity value of $13billion.
BP plans to raise £400million in new debt financing through its subsidiary BP Capital Markets.
Two energy giants have distanced themselves from rumours of another $17billion mega-merger as the low oil price environment creates a febrile environment for takeover speculation.
A trio of Aberdeen-based engineers with more than 70 years experience between them have set up their own business after finding themselves victims of the oil price crash.
An Aberdeen-based subsidiary of energy service firm DOF Group is in consultation with north-east workers over plans to shed at least another 20 jobs. The move is part of a drive to cut costs in light of “current and future conditions in the marketplace”, DOF Subsea UK managing director Robert Gillespie said yesterday. DOF is one of a number of vessel owner-operators to have been hit by the oil and gas industry downturn as operators scale back on exploration activity. Earlier this month, Harkand went bust, with the loss of 171 jobs, while Ceona hit the wall in September, eliminating 102 positions.
Oil and gas operators have seen a 15% reduction in their UK-based headcount over the past 12 months – and they expect a further decline of 17% in the year ahead.
Wood Group has said it is considering revisions to the terms and conditions proposed for employees working on Shell platforms in the North Sea.
Oil extended its decline for a second day as U.S. crude stockpiles unexpectedly increased, keeping supplies at the most in more than eight decades.