Wednesday, November 25, 2015 The Philippines is set to import liquefied natural gas for the first time next year as it bids to replace fast-fading local gas supplies, but cheap coal is blowing off course Manila's vow to lift the use of cleaner fuels.
Tuesday, November 24, 2015 The number of active rigs on the Norwegian Shelf is expected to decrease in 2016 due to low oil prices and operator processes to cut rig costs, according to a new survey by Statistics Norway.
Tuesday, November 24, 2015 Benthic bags two contracts from Woodside to undertake offshore geotechnical site investigations for the Browse floating liquefied natural gas development and the Greater Enfield development offshore Western Australia.
Friday, November 13, 2015 Indebted Linn Energy LLC is exploring distressed restructuring options with Barclays as stubbornly low oil and natural gas prices test its ability to service $10 billion of debt after next year, according to sources with knowledge of the matter.
Wednesday, November 25, 2015 China's biggest energy companies are seeking to unload assets and urging workers to cut costs in a last-minute rush to meet annual government-set growth targets as lower crude prices drag down earnings.
Monday, November 23, 2015 UK Oil & Gas Investments plc completes a farm-in agreement with Warwick Energy Exploration and Production Limited to acquire a further 10% interest in the onshore UK Weald Basin license, PEDL143.