Slumping energy prices, sluggish global demand and shrinking chemical margins are weighing on the oil industry as its biggest names prepare to announce quarterly results to investors demanding ever-higher payouts.
Drilling has kicked off at a North Sea exploration well operated by Italian oil and gas firm Eni, supported by French partner Total.
A group of NGOs has filed in a French court to compel Total to disclose details of its human rights and environmental plans in Uganda.
The next phase has been announced of a world-first project to see autonomous robots working on offshore oil and gas installations.
French energy giant Total SA is spending £476 million to expand its presence in one of the world’s fastest growing natural gas markets.
Nigeria is seeking to recover as much as $62billion (£50.6bn) from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
Norway’s Northern Lights carbon capture project took a major step forward recently when various partners signed memoranda of understanding with seven European companies to develop value chains in CCS.
Total E&P UK swung to a £525.4million pre-tax profit last year with higher oil prices and an end to impairments in the west of Shetland.
Oil giant Equinor has announced start of production at its giant Johan Sverdrup project in the Norwegian section of the North Sea.
French energy giant Total has said a new tool developed in Aberdeen represents a “significant opportunity” to slash its $14.3bn (£11.6bn) global decommissioning bill.
An exploration well is due to be drilled at the Total-operated Isabella well later this month.
Shares in Irish oil explorer Providence Resources sank in London yesterday after the firm confirmed it would seek a new partner for its Barryroe asset off the south coast of Ireland.
Total has closed its purchase of Anadarko Petroleum’s 26.5% stake in the Mozambique LNG project.
Continued stability in the global oil and gas industry is expected to deliver a record £57.7 billion in dividend payments for investors next year.
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
Oil and gas producer Serica Energy is looking at “a couple of serious opportunities” to expand its UK North Sea portfolio and build on recent deals, its boss said.
French oil major Total SA will accelerate dividend growth in a sign of confidence that investment in fast-growing gas and electricity markets will steadily increase cash flow.
Serica Energy bosses said today that the firm’s first-half results justified the hard-fought acquisitions of a North Sea package last year.
One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.
The Oil and Gas Climate Initiative (OGCI) today unveiled a series of initiatives aimed at reducing greenhouse gas emissions (GHGs).
Engineering services firm McDermott International has won a contract to help deliver a major liquefied natural gas (LNG) project in Russia.
French oil and gas giant Total has said its "strong industrial position" in Aberdeen has spurred its decision to move into the Scottish offshore wind market in the North Sea.
The shortlist for this year’s prestigious Oil & Gas UK Awards has been revealed today.
A new initiative has been launched to propel the process of using unmanned aircraft to inspect North Sea platforms.