Lundin has plugged and abandoned its Selada-1 exploration well in Malaysia after it proved to be dry.
A Russian helicopter carrying oil workers has crashed in eastern Siberia, killing 10 of the 25 people on board, officials said.
Nighthawk, the US focused oil development and production company, has plugged and abandoned its Northstar 1-14 well after it revealed no viable oil.
George Osborne was accused last night of abandoning the North Sea as he announced UK oil and gas revenues are predicted to plummet by 94% this year.
Confidence levels among oil and gas contractors working in the North Sea have hit an all-time low, with a large majority believing job losses will continue over the next year, an industry report has found.
Wood Group PSN has won a new contract worth around $90 million to deliver services to one of the world's leading blue-chip international oil companies in Iraq.
Pop star Gary Barlow gave staff at Aberdeen firm Stena Drilling a night to remember in a top secret gig featuring some of his biggest hits.
Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway
Suncor Energy's battle for Canadian Oil Sands Ltd. is getting more crowded.
Oil companies’ “slash and burn” approach to cutting the costs of their North Sea interests is putting Scotland’s offshore industry at risk, a union leader has warned Holyrood.
Oil & Gas UK's economics director Mike Tholen said it was important the industry continue to boost confidence and encouragement investment in the North Sea following Chancellor George Osborne’s Autumn Statement and Spending Review.
The Treasury is abandoning the UK’s struggling oil and gas industry by failing to provide short term fiscal support, according to an industry analyst.
Chancellor George Osborne gave the North Sea oil and gas industry a clear signal that it will have to become its own saviour - by saying nothing about it in his Autumn Statement.
Tensions between Russia and Ukraine have escalated further after Ukraine decided to stop buying Russian natural gas and closed its airspace to its eastern neighbour.
Leading figures from the industry and the Oil and Gas Authority (OGA), will join Oil & Gas UK at its forthcoming Breakfast Briefing, on the progress in UK Continental Shelf (UKCS) exploration and production on December 8.
Job losses in the North Sea have created a “culture of fear” which is making the industry “less safe”, MSPs have been warned.
Engineering services firm Penspen has been awarded a contract from Sirius Group to conduct an engineering study for the monetisation of gas reserves from oilfields offshore Niger Delta.
Rosneft recorded a third quarter profit boost despite a fall in oil price.
IGas posted a loss of £19.3million.
Falcon Oil and Gas, the Irish independent believes its high-quality assets in Australia leave it well positioned to deal with current difficult market conditions.
BG Group has begun commercial operations from the second train at its Queensland Curtis LNG plant in Australia, assuming full control of the facilities in the process.
SeaEnergy has been thrown a financial lifeline after today confirming plans to exit the shipping the business.
Shell has won the backing of one its main shareholders for its takeover of BG Group.
Total confirmed it will raise $1.2billion in new debt financing.
The lives of offshore workers are being put at risk because they are so afraid of losing their jobs they do not report dangerous safety breaches, unions will warn Holyrood today.