Bad weather is continuing to hamper seismic recording by Greenfield Petroleum in the Gum Deniz oilfield in Azerbaijan.
The company said conditions have affected work on a 3D survey over the field and the area recorded is now likely to drop to 100km due to the approaching winter season.
Oil giant Total said a meeting will be held between its Governance and Ethics Committee and the board of directors following the death of CEO Christophe de Margerie.
The 63-year-old died when his airplane struck a snowplow on a Moscow runway, ending a career in which he oversaw the biggest expansion of oil reserves at the French energy giant in at least 15 years.
Statoil has discovered more oil at one of its sites in the North Sea than previously estimated.
The Norwegian company said drilling at Well 25/8-18 S, had proved an oil column of 25 metres in the Heimal formation.
A helicopter with seven people on board was forced to make an emergency landing in Shetland yesterday.
A full scale emergency was declared at Sumburgh Airport, and the emergency services were called to the busy airport.
Total SA’s Christophe de Margerie died when his airplane struck a snowplow on a Moscow runway, ending a career in which he oversaw the biggest expansion of oil reserves at the French energy giant in at least 15 years.
Energy experts from across the globe will join forces in Israel for an oil and gas exhibition.
The Universal Oil and Gas 2014 (UOG 2014) is expected to be the largest event of its kind in the country, and aims to create a platform for collaboration and partnership in the Israeli oil and gas industry.
A Scottish university has joined the largest carbon capture and storage (CCS) research partnership in the UK.
Scientists from the University of Strathclyde will join fellow researchers within the Scottish Carbon Capture & Storage (SCCS) partnership, providing expertise in areas including carbon dioxide transport and environment impact analysis.
Oil giant Halliburton has boosted its income for the third quarter of the year by $1billion, which is an increase from the previous quarter.
The company announced their total revenue of $8.7billion was up by 16% on the same time last year.
The price of Brent crude has steadied at $86 a barrel after the announcement of a cut in Saudi-Kuwait oil output.
Production at the Khafji oilfield has been stopped temporarily for environmental reasons.
Tethys Petroleum will face a shareholders vote to remove the majority of its directors, the company has announced.
An Extraordinary General Meeting (EGM) of the company will be held after the board received a requisition on behalf Pope Management LLC.
Genel Energy has hit oil during drilling at a well on the Sidi Moussa Block off the coast of Morocco.
The discovery was made by the oil and gas explorer along with its partners San Leon and Serica Energy.
President Energy has made it first oil discovery in the Lapacho well at the Pirity Concession in Paraguay.
The company, which has a 65% interest in the asset, said tests will now be carried out to confirm the discovery of the conventional light oil.
BP will restart the Rhum gas field in the UK North Sea, half-owned by Iran's National Oil Company, four years after the field was shut down due to Western sanctions.
Australian energy firm Santos has seen its sales and production rise rise by 9% on its previous quarter.
It follows the successful ramp-up of its LNG project in Papua New Guinea (PNGLNG) which reached full capacity earlier this year.
Gas talks between Russia, Ukraine and the European Union will be held in Brussels later this month.
The Russian Ministry of Energy made the announcement after a prolonged period of US and European sanctions were imposed on the country.
The chief financial officer of a United Arab Emirates rig construction business has stepped down from her position with the company.
Joanne Curin was also on the board of Lamprell, which provides engineering contracts to the oil and gas industry.