Monday, October 12, 2015 Oil prices tumble, settling 5% lower as traders took profits after last week's surge to an 11-week high, and on a report that OPEC continued to boost crude production despite a persistent glut.
Tuesday, October 13, 2015 Sri Lanka will issue a fresh international tender for offshore oil and gas blocks after billionaire Anil Agarwal's Cairn India relinquished its exploration rights in the South Asian island.
Monday, October 12, 2015 The spud of the Icewine #1 well, located onshore Alaska, has been pushed back due to a delay in the approval process for the final remaining permit required to commence drilling.
Tuesday, October 13, 2015 US shale oil and gas producers have seen smaller-than-expected cuts to their credit lines, a sign that banks could be relaxing their lending standards to help companies avoid technical defaults.
Wednesday, October 07, 2015 AGR Energy Holdings Limited issues a non-binding LOI to acquire $20M worth of Tethys shares, following the withdrawal of Nostrum Oil & Gas' 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, October 13, 2015 David Doig, the chief executive of oil and gas skills and training body OPITO, urges the industry not to cut corners on safety training and competence in the face of sub $50 oil prices.