Beijing has said it could declare an Air Defence Identification Zone over the South China Sea, in a move that would sharply escalate tensions in the disputed territory.
China has issued a policy paper calling the South China Sea islands its territory as it blamed the Philippines for stirring trouble, a day after an international tribunal ruled that Beijing had no legal basis for its expansive claims.
An arbitration court today ruled the China has no historic rights to the resources in the hotly contested South China Sea.
Aker Solutions has won work with Idemitsu Oil and Gas in Vietnam.
Beach Energy has achieved first gas from its Udacha gas field in South Australia.
Russia and Saudi Arabia are going head-to-head in a bid to lock-down the Chinese import market.
PIM Integrity Management has been awarded a licence by Petronas.
BHP Billiton said on Monday it will spend $900 million, or 18% of its capital budget, in exploration next financial year.
Woodside’s $1.9billion Greater Enfield Oil Development has been given the green light.
Carnarvon Petroleum has spud its Outtrim East-1 well.
Triangle Energy has completed deal for the Cliff Head oilfield, located in the offshore Western Australia.
Hardy Oil and Gas is continuing its fight for licences extension for its CY-OS/2 prospect, according to its latest company report.
SacOil has agreed an eight month extension for its onshore licence in Malawi.
Greka Drilling has drilled the first of two directional wells for Essar Oil in Inda.
North Atlantic Drilling (NADL) has given itself another three months to try and resolve its standstill with Singapore’s Jurong Shipyard over the delivery of the sixth generation harsh environment semi-submersible drilling rig, the West Rigel.
Joint integrity specialist Hydratight has completed an upgrade project on a section of subsea pipeline on the North West Shelf of Western Australia.
SapuraKencana Energy today confirmed a “significant gas discovery” offshore Malaysia.
Steel fabricator KKB Engineering Berhad’s associate company OceanMight landed a deal with Talisman Malaysia for the Bunga Pakma wellhead riser platform. The platform is located offshore the east coast of Peninsular Malaysia. OceanMight will manage the engineering, procurement and construction of the platform, according to the deal.
Mosman Oil and Gas said it is looking beyond the oil and gas sector for new investment opportunities as the oil price slump continues.
Aqualis Offshore has won an contract extension with Oil and Natural Gas Corporation's (ONGC) assets offshore India.
BP’s plans to drill for oil in the Great Australian Bight were punted back for the second time.
Technip has won an engineering services contract by Woodside to provide services as part of an engineering panel with Woodside Petroleum.
China Petrochemical Corp., one of the world’s biggest oil refining companies, named Dai Houliang as general manager, filling a role left empty since his predecessor was removed the company and then expelled from the ruling Communist Party on corruption charges.
Oil major Chevron said it expects to resume production from its Gorgon LNG project later this month after repairs were required at the massive plant after only one shipment.
Oil major Shell said it has begun discussions with staff in Australia about job losses as part of plans to cut 10,000 roles globally.