Dana Petroleum, of Aberdeen, intends to withdraw from a North Sea gas project which had been earmarked for an investment decision in the near term, it can be revealed.
Africa will not increase electricity access and limit carbon emissions, a new study has reported, undermining hopes for a potential “leapfrog” effect.
Spirit Energy will drill a new well in a bid to deliver more than 4.2 million additional barrels of oil equivalent from a southern North Sea field.
Neptune Energy has handed out contracts worth about £4.8 million to secure a range of services on its Cygnus gas platform in the southern North Sea.
Independent Oil and Gas (IOG) boss said 2021 would be a breakthrough year for the firm as it heads towards first production and maiden revenues.
Shell has postponed a 3D seismic survey in the UK North Sea after weighing up the impacts on fishing businesses and the environment.
The UK power generation industry is headed for its greenest year yet as more capacity for renewables is added and coal plants are needed less often.
Energy firm SSE has clinched a deal to sell its gas exploration and production assets to Viaro Energy for £120 million.
Bosses at Serica said today that work to bring a third well at the Rhum field into production has run into “frustrating” and costly delays.
Australia-listed Ansila Energy has clinched a deal to buy the remaining 78.4% it doesn’t already own of Hartshead Resources in an all-share deal.
Unplanned outages and impairments took a £100 million bite out of Korean-owned Dana Petroleum’s profits last year, new documents show.
North Sea oil prices are finally strengthening, catching up with other markets that already rallied on the back of rising buying interest from Asia, where demand in many places has already recovered from Covid-19.
London-listed Deltic Energy has claimed its P2428 licence boasts resources of more than 150 million barrels of oil equivalent.
Subsea 7 has completed installation activities for Shell’s Arran gas development in the Central North Sea.
Turkey has increased the amount of gas it believes to lie in the Tuna discovery by 85 billion cubic metres.
Independent Oil and Gas (IOG) said today it won’t be making an official offer to acquire fellow southern-North-Sea-focused firm Deltic Energy.
Companies working in Nigeria’s energy sector have called for a faster rate of change from the government.
Natural gas demand fell only 3% in 2020 as a result of COVID-19 but its future is looking bleaker, a new report from S&P Global has warned.
Upstream investment firm Reabold Resources has hailed a significant boost to its footprint west of Shetland through its stake in Corallian Energy.
After weeks of tensions in the eastern Mediterranean, Greece and Turkey have signalled a willingness to start talks aimed at resolving a long-standing sea dispute tied to potentially lucrative offshore gas deposits.
Singapore’s Minister for Trade & Industry, Chan Chun Sing, will open the Gastech Virtual Summit 2020.
Shell will kick off seismic studies on the Resolution and Endeavour gas discoveries in the North Sea in the first quarter of next year.
Deltic Energy has announced a “material increase” in estimates of gas at a North Sea licence which Shell farmed into last year.
China Petroleum and Technology Development Co. (CPTDC) has won work to provide natural gas compressors to Orca Energy in southern Tanzania.
Ofgem has said it will slash bills for around 15 million households by as much as £95 as the regulator reduced its cap on energy bills to their lowest level yet.