Russian billionaires snap up North Sea operator RWE Dea in £4bn deal
One of Russia's richest men has snapped up German energy giant RWE's North Sea assets after agreeing a £4.2billion deal to buy the RWE Dea arm.
One of Russia's richest men has snapped up German energy giant RWE's North Sea assets after agreeing a £4.2billion deal to buy the RWE Dea arm.
Alaska has launched a lawsuit against the US Government over a decision to reject plans to explore for oil and gas in the Arctic National Wildlife Refuge
Norwegian oil and gas firm DNO International has upped its daily output from the Tawke field, onshore Kurdistan, by 37,000 barrels per day following the launch of two new wells.
Scottish oil firm Cairn Energy has plugged and abandoned its JM-1 well offshore Morocco without testing.
Most offshore workers are in it for the money. But a surprisingly large number of them think Norwegian-style shift rotation is the most important factor when choosing where to work, according to a new survey.
Canadian oil group Caracal Energy is to buy rivals TransGlobe in a £380million deal as it looks to push into Egypt.
Oilfield services group Schlumberger has been awarded the fracture programme for the horizontal Cambay 77H well in India by operator Oilex.
Oil industry travel expert Munro's Travel has reported unprecedented demand from clients planning to attend the world's top energy show.
A north-east MP says he is disappointed a public inquiry will not be held to examine the issue of offshore helicopter safety in the North Sea.
New technologies designed to support the development of shale gas reservoirs in the UK will be on display at Unconventional Gas Aberdeen 2014 next week.
Jone Joakimsen had to accept less money than he asked for when he sold his house outside Stavanger, Norway.
Oil demand will be higher in 2014 than previously estimated as global economic growth recovers, the International Energy Agency said. Pressure on supplies will ease in coming months as seasonal consumption dips.
Emerging markets-focused electricity provider Altaaqa Global has secured three quality and safety certifications for its rental power division.
Gresham Capital has sold its majority stake in Aberdeen’s ICR Integrity in a deal thought to be worth up to £60million including debt.
Upstream newcomer Rock Oil has raised $250million from private equity firm Riverstone Holdings to build shale acreage and production in West Texas.
Italian-focused upstream firm Sound Oil is set to begin operations in the San Lorenzo Production Concession following an approval by the country's government.
BP has entered an administrative agreement with the United States Environmental Protection Agency (EPA) on the British multinational's business in the country following a suspension over the Deepwater Horizon disaster.
Economists have called on the Chancellor of the Exchequer to incentivise investment in the North Sea as well as to provide other corporate tax breaks in next week’s Budget in order to support Scotland’s economic recovery.
Frontier fields in the Barents Sea and west of Shetland are providing “exciting opportunities” for offshore oil services company Subsea7, the firm has claimed.
Residents of the former fishing and farming community of 3,000 in the Ogoni region of southeast Nigeria, fed up with the third and largest oil spill in five years due to sabotage of pipelines, packed up and left the village.
Full production has begun from the Juliet North Sea gas field, operator GDF Suez has confirmed.
North Sea oil producer Wintershall is to spend more than £3billion on increasing oil and gas production over the next five years, the German firm has confirmed.
The new boss of oil giant Shell admits the company's North Sea operations last year were 'disappointing' as he targeted improvement from its production.
Brazilian state oil firm Petrobras says it has made another significant find in the deep-water Potiguar Basin.
The British operators of a key oil field in Kurdistan have been given a major boost after surveys revealed the scale of the prospect.