Family welcomes FAI into diver’s death
The family of a North Sea diver has welcomed a fatal accident inquiry into his death more than two years after he lost his life at work.
The family of a North Sea diver has welcomed a fatal accident inquiry into his death more than two years after he lost his life at work.
North Sea exploration and trading activity has got off to a slow start, raising fears that 2014 could be worse than the “exploration crisis” year of 2013.
As industry leaders gather at the year's flagship event, don't fall into the cocktail trap of empty deals and undeliverable promises.
A Ghanaian investment firm hopes to raise 50 million cedis ($18m) for the country’s first strategic fund for oil and gas investment.
Neste Oil has signed a revolving credit facility worth EUR 1.5billion.
Sudan’s pound slumped to a record against the dollar in the black market as the war in South Sudan threatens to curb foreign-exchange inflows from oil shipments.
OMV has expanded its onshore Madagascar portfolio in line with its overarching upstream growth strategy.
OAO Gazprom agreed with oil and gas producer OMV AG to extend a planned natural gas pipeline into Austria, on the same day the European Union expanded sanctions against Russian officials.
Paraguay-focused explorer President Energy has increased its reserves estimate as it identified a potential unconventional play in its Australian prospect.
Falkland Oil and Gas (FOGL) is set for a productive exploration campaign despite recording pre-tax loss of $4million (£2.4million) in 2013 – down $5m from the previous year.
North Sea explorer Tullow Oil has agreed the sale of two of its UK Continental Shelf (UKCS) assets to Faroe Petroleum in a deal worth more than £45million.
Dana Petroleum has reached a major milestone confirming first hydrocarbons have flowed from its flagship project.
Aker Solutions ASA has split in two in a bid to reduce costs and bolster its subsea and engineering services.
Al Mirqab Capital SPC, a company controlled by Qatar’s royal family, offered to buy Heritage Oil Plc for 924 million pounds ($1.5 billion) in cash.
Royal Dutch Shell Plc, Europe’s biggest oil company, said first-quarter earnings dropped 3% as production declined and costs rose.
Plexus Holdings has won a contract extension worth £900,000 to provide well head equipment and services to Centrica Energy Norway.
The $19billion (£11.3billion) liquefied natural gas (LNG) project in Papua New Guinea has come online ahead of schedule, the operator ExxonMobil has announced.
Energy company Cuadrilla is to return to the West Sussex village which was at the centre of high-profile anti-fracking protests last summer.
An offshore helicopter has landed safely after a warning light came on mid-flight.
Australian oil and gas firm Beach Energy is looking to hit the $1billion (£600million) revenue mark by the end of the current financial year following “impressive” results from its onshore operations in the country.
Exxon Mobil Corp.’s dream of drilling in the Russian Arctic may risk running aground on the politics of Ukraine.
Indonesia’s corruption court sentenced Rudi Rubiandini, the head of the country’s energy regulator, to seven years in jail for accepting more than $1.5 million in bribes.
Months of bitter disputes between the Kurdistan Regional Government (KRG) and Iraqi authorities over pumping oil from the region look to come to close.
Canada's largest oil producer has reported record profits in the first quarter of this year as it benefited from the long transport of crude from the country's landlocked province of Alberta to US and Canadian coasts.
BP has posted falling profits for its first quarter results. Higher output from the North Sea were offset by lower production elsewhere and reduced refinery earnings.