Tuesday, February 21, 2017 Implementation of an agreement between OPEC and other major producers to reduce output has been "very encouraging" and the agreement is on track to reduce the global oil surplus, said the group's top official.
Monday, February 20, 2017 A geological analysis of the Rockall area of the North Atlantic reveals previously unknown insights that could lead to new oil and gas discoveries in the UK Continental Shelf (UKCS).
Monday, February 20, 2017 Total is drilling ahead to explore a deeper exploration target at the Antelope-7 side track appraisal well, after reaching 7,818 feet without any evidence of intersecting the Antelope reservoir.
Wednesday, February 15, 2017 Albania and Canada focused Pennine Petroleum Corporation signs a Production Sharing Agreement (PSA) with Albpetrol Sh.A for the exploration and development of the Velca Block in Albania.
Monday, February 20, 2017 Africa-focused oil and gas company Lekoil aims to ramp up production from the Otakikpo Marginal Field, located in Nigeria's OML 11, to 10,000 barrels of oil per day by the end of 2Q.
Friday, February 17, 2017 Santos Ltd says partners in the Caldita-Barossa gas fields off northern Australia aim to make a final investment decision in the next 2 years on whether to develop the project.
Tuesday, February 07, 2017 Nuclear power providers, battered by low prices and competition from cheap natural gas, say they can help President Donald Trump fulfill a campaign promise to put more people to work.
Monday, February 06, 2017 President Trump's vow to "unleash an energy revolution" by reversing regulations may send oil and natural gas prices tumbling in 2018, according to Bank of America Merrill Lynch.
Monday, February 20, 2017 US corporate tax reform plan for a tariff on imports, but not exports, could boost income for domestic producers, but it might also pump up gasoline prices and raise refiners' costs.