Fyne news: Oil field project hits key regulatory milestone
The Fyne oil field, which is being developed by Rapid Oil, Ping Petroleum and Hibiscus Petroleum, has moved from the assessment phase into the authorisation phase.
The Fyne oil field, which is being developed by Rapid Oil, Ping Petroleum and Hibiscus Petroleum, has moved from the assessment phase into the authorisation phase.
By Michael BehrInvestors in French oil major TotalEnergies (LON: TTE) will call for the division of the role of CEO and chairperson of the company, claiming this could speed up its transition towards clean energy.
First-of-its kind case leads to landmark climate ruling, which is likely to have ramifications across Europe.
Councillors in North Yorkshire have given the green light to the first fracking operation in the UK for five years.
Councillors in North Yorkshire have given the green light to the first fracking operation in the UK for five years.
Lansdowne Oil and Gas has called a meeting of shareholders giving them the opportunity to vote on the company's proposals to raise "essential" funds by issuing 350 million shares, devaluing the company in the process.
Europa Oil and Gas and Union Jack Oil have joined other oil juniors on the PEDL143 licence in southern England, which hosts the Holmwood prospect, after signing a deal to acquire a stake in the project by partly funding future work programmes.
Sevan Marine said it could take legal action over “potential breaches” of Norwegian corporate law regarding a review of agreements and a convertible loan with Logitel Offshore.
Statoil has cancelled its contract with Seadrill for the West Hercules drilling rig.
Union Jack Oil has struck a deal with Europa Oil & Gas for interests in the Holmwood Prospect located Weald Basin in southern England.
More protests are expected in Northallerton as a decision is made on an application by UK firm Third Energy to frack for shale gas at its existing drilling site near the village of Kirby Misperton, between Malton and Pickering, North Yorkshire.
Norway’s sovereign wealth fund may be forced to step up divestments of coal companies and could face a wider ban on investments in other fossil fuels such as oil sands.
Norwegian preliminary production figures for April 2016 increased 20,000 barrels a day more then the previous month.
The Norwegian government has filed a $39million compensation claim against seismic specialist TGS.
A Brexit vote would hit the entire European economy and have a “significant impact on confidence”, according to credit agency Moody’s in its latest warning over the EU referendum.
Statoil will look to open up new acreage in the southern Barents sea after it was awarded five licences from the Norway's Petroleum and Energy ministry in its 23rd licensing round.
The Ministry of Petroleum and Energy (MPE) today issued 10 new production licences, including new exploration acreage in the southeastern Barents Sea.
Petro River Oil has kicked-off its drilling campaign offshore Northern Ireland in the Larne Basin.
Norwegian shipping firm GC Rieber has secured a 45-day contract for its Polar Marquis vessel in the Black Sea.
Nobel Oil Downstream, the retail arm of UK-registered Nobel Oil Services (NOS), has opened its second petrol station in Romania.
Call it a stealth overhaul.
The Norwegian Drilling Directorate granted Total Norge a drilling permit for a wildcat well in the Martin Linge area.
The chief executive of Total said he hoped the UK would vote to stay in the European Union.
Sound Energy is to shut-in its new well on the Nervesa licence, offshore Italy, to carry out remedial work as it believes some of the reservoir levels are not in production.
InfraStrata has started drilling at its controversial Woodburn Forest site in County Antrim, Northern Ireland, and said it expects to complete the well within the next six weeks.
Union Jack Oil the onshore exploration and production company with a focus on drilling, said it remained on track for commercial production from its Wressle discovery in Lincolnshire in the second half of the year and intends to expand its interests in other areas of the UK.
Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey.
The company behind one of the Northern Ireland's most significant oil and gas projects said it continues to progress with its drilling programme at Woodburn Forest while a County Antrim council brought to court over the project prepares to make a decision.