Anadarko Petroleum authorised the roughly $20 billion Mozambique liquefied natural gas export project on Tuesday at a celebratory event in the eastern African nation.
OPEC nations may be at odds with each other, but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced, according to a new report.
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts, after talks between Russia and Iran made some progress toward resolving a standoff over the date.
The Strait of Hormuz has become a key battleground in the stand-off between the United States and Iran, with claims and counter-claims on either side of an argument ostensibly about oil.
UK-based oil and gas firm Hurricane Energy has announced that it's first lift from the west of Shetland Lancaster field has "generated first revenue".
A trade union boss has urged environmental activists to “back off” and let North Sea rig workers get on with their jobs.
A former senior executive at Global Energy Group (GEG) has joined forces with the firm again in a joint-venture aimed at creating the “strongest offshore drilling inspection company in the North Sea.”
A key industry report detailing the cost of decommissioning on the UK Continental Shelf and the progress being made by industry, government and regulators to reduce costs by more than 30 per cent will be unveiled at OGUK’s upcoming business breakfast in London.
The UK's oil and gas and defence sectors are to collaborate on advanced underwater technology to solve some of the energy sectors big "challenges", Subsea UK has revealed.
The Pioneering Spirit vessel has removed the original accommodation platform for the Valhall field in the Norwegian North Sea.
More work must be done to develop Carbon Capture and Storage (CCS) so that the North Sea sector can make the transition to a low carbon economy, energy experts have said.
A new onshore gas discovery is "potentially the UK's largest", according to preliminary data.
Aberdeen-based maintenance firm ICR Integrity has announced it will expand with the introduction of a new head of sales.
Offshore technology firm DeltaTek said today that its SeaCure well construction device had been deployed successfully for the first time for Total.
Greenpeace said one of its ships blocked an oil rig's path to a North Sea field yesterday afternoon.
A new system to monitor abandoned North Sea wells has earned the Aberdeen start-up behind it one of the latest Scottish Edge Awards.
An oil industry leader has accused Greenpeace of “undermining its own credibility” by reviving its protest on an oil rig in Cromarty Firth.
Energy giant Equinor has announced two new Norwegian well discoveries.
LOC Group has announced the appointment of a new chief executive.
The world’s largest anchor chain inspection company is expanding its Angus operation.
The Oil and Gas Authority (OGA) has published its white paper on the organisation's role in the energy transition.
Saudi Arabia hopes OPEC and its allies will agree to extend oil production cuts into the second half of the year at a meeting that will probably take place in the first week of July, according to the country’s energy minister.
New automated technology to accurately and safely measure and analyse flow data on offshore installations is being launched by an Aberdeenshire-based start-up.
Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks on vessels.
Oil giant BP is understood to have taken out an injunction against a Greenpeace ship headed for the Cromarty Firth.