US major ExxonMobil has made a huge gas find off the coast of Cyprus, which is being touted as one of “the biggest discoveries of the year”.
Providence Resources has decided to hand in a fresh application for surveys on the site of the Barryroe field following a legal challenge.
BASF and LetterOne have agreed to hire Paul Smith as future chief financial officer of Wintershall DEA.
Shares in Providence Resources jumped by almost 10% in London this morning after the Irish oil firm beefed up its drilling programme for the Barryroe field.
Providence Resources said today that it had completed the divestment of a 35% stake in an Irish oilfield to Total.
Ineos has committed to building a £2.4 billion ethane cracker and a propane dehydrogenation unit in northern Europe.
Irish oil explorer Providence Resources said today that Gardline's M/V Kommandor survey vessel was en route to the Newgrange prospect, where it will conduct a seismic data shoot.
As Donald Trump’s trade policy risks worsening economic conflict with the European Union, Russia’s Vladimir Putin is strengthening ties with the region.
Baker Hughes, a GE company (BHGE) will help develop infrastructure to boost sustainable mobility in heavy duty trucks in Italy.
Russia’s natural gas export monopoly is set to expand its position as the dominant fuel supplier to Europe after a deal between the two resolved a seven-year-old anti-trust dispute.
Europe is facing power generation capacity shortages and may even risk blackouts without additional use of natural gas, one of the continent’s biggest producers of the fuel said.
Providence Resources’ boss said today that farm-out deals had helped the Irish explorer “shore up” its finances and bring first oil from the Barryroe discovery closer.
Dutch firm Heerema Marine Contractors (HMC) will lay off 350 workers after deciding to close down its offshore pipe laying business.
Energy giant Total has struck a deal to buy 74.33% of European utility firm Direct Energie for £1.2billion.
Providence Resources said today that Chinese firm Apec will buy into the Barryroe oil field, off the south coast of Ireland.
Energean said today it plans to forge ahead with an initial public offering.
Planned production cuts to the Europe’s largest gas field is to cost the Dutch state-run Enrgie Beheer Nederlands $5billion over the life of the field as well as cause the continent to look elsewhere for supply, according to analysts Wood Mackenzie.
The Netherlands’ Climate minister has been warned production needs to be reduced significantly around a major gas field following a series of increasingly powerful earthquakes.
A rally in the price of black gold is giving Norway another fix.
Iceland’s hope of finding oil offshore its coast is fading after China and Norway decided to back out of the island nation’s only remaining exploration license.
Tulip Oil has decided to press ahead with the development of the Q10 gas field in the North Sea.
Dutch operator NAM has proposed reducing output from the Groningen gas field after an earthquake struck the area earlier this week.
The Norwegian Petroleum Directorate (NPD) today confirmed a fall in production.
Aker Soutions has won as string of Johan Casterberg orders with Statoil totalling £357.5million (NOK4billion).
Wood has landed a multi-million deal for the engineering, procurement and construction management services for a new biotech facility to be built in Marburg, Germany.