Friday, October 09, 2015 US energy firms cut oil rigs for a sixth week in a row this week, the longest streak of weekly declines since June, data showed, a sign low prices continued to keep drillers away from the well pad.
Friday, October 09, 2015 Five years ago, energy companies hungry for the next big thing began planning as many as 90 terminals to send natural gas around the globe. Now, it seems the world only needs five more.
Friday, October 09, 2015 Petronas says it will proceed with its $28 billion Canadian natural gas export project in the face of a market slump that?s shaking profitability expectations for the global industry.
Thursday, October 08, 2015 Chinese authorities have placed the governor of Fujian province, who is also the former chairman of Sinopec, under investigation on suspicion of "serious disciplinary violations", China's anti-graft watchdog says.
Friday, October 09, 2015 The largest prospect in Paraguay's Hernandarias Block, Boqueron, could contain gross unrisked recoverable oil and gas resources of 302 million barrels of oil equivalent and 559 billion cubic feet of gas, respectively.
Friday, October 09, 2015 Europa Oil & Gas plc CEO Hugh Mackay confirms that the company will begin the farm-out process of its assets in the Porcupine Basin, offshore Ireland, as early as January 2016.
Thursday, October 08, 2015 Bass Strait Oil Company receives approval from the National Offshore Petroleum Titles Authority to suspend the work program for Vic/P68 permit in the Gippsland Basin, offshore Australia for a year.
Thursday, October 08, 2015 Tullow Oil plc reaches an agreement with the Government of Gabon to regain its 7.5% stake in the Onal Complex producing fields and the Ezanga block (formerly the Omoueyi exploration block).
Wednesday, October 07, 2015 AGR Energy Holdings Limited issues a non-binding letter of intent to acquire $20 million worth of Tethys shares, following the withdrawal of Nostrum Oil & Gas plc's offer to acquire the entire issued share capital of Tethys.
Tuesday, October 06, 2015 Petrobras, struggling with the biggest debt load among global oil firms, cuts $11 billion from capital spending plans for this year and next as Brazil's currency and oil prices slump.
Tuesday, September 15, 2015 SapuraKencana Petroleum's revenue rises 22.9 percent gain in the second quarter that ended July 31 to $762 million, but profit after tax falls 61.1 percent to $28 million due to provision for impairment of its oil and gas assets.
Friday, October 09, 2015 Odfjell Drilling's Deepsea Bergen (mid-water semisub) finishes its yard-stay in connection with a five year special periodic survey and is now in transit to Norway to resume operations.