Tuesday, May 24, 2016 Oklahoma regulators grappling with a massive increase in small earthquakes linked to growing oil and gas production say they are concerned with spiking rates for earthquake insurance coverage and diminishing competition.
Tuesday, May 24, 2016 Oil prices rose on Tuesday as investors anticipated a weekly drawdown in US crude inventories that they hoped would boost prices closer to $50 a barrel, while a rally on Wall Street also lent support.
Tuesday, May 24, 2016 Iraq is sticking to an aspiration to increase its oil output by up to a third by 2020 despite warnings from some companies working in OPEC's second-largest producer that projects could be delayed due to spending cuts.
Tuesday, May 24, 2016 Royal Dutch Shell cannot switch too quickly to producing renewable energy without risking its dividend payments and even its very existence, the oil and gas group's chief executive warned.
Monday, May 23, 2016 The departure of BP's exploration boss has turned the spotlight on an oil search strategy that is focusing mainly on expanding existing fields rather than venturing into the unknown.
Monday, May 23, 2016 Real Energy Corporation Limited commences a five-stage fracture stimulation program at theTamarama-1 well at located in the Windorah Gas Project in ATP 927P, Australia, Queensland.
Tuesday, May 24, 2016 US insurers are risking financial stability by holding $459 billion of energy-related investments without considering the "broad and deep" threat that climate change poses to the assets, according to an environmental advocacy group.
Friday, May 20, 2016 Circle Oil plc warns there could be little or no value left for shareholders, after taking into account its $77.5 million outstanding debt position and the nature of indicative proposals received to date.
Tuesday, May 24, 2016 Papua New Guinea may challenge the $2.2 billion merger between Oil Search and InterOil if they fail to comply with anti-competition procedures, the country's corporate watchdog says.
Monday, May 23, 2016 Europa Oil & Gas (Holdings) plc signs a farm-out agreement in relation to a 7.5% working interest in the PEDL143 license, located in the Weald Basin, with Union Jack Oil and Gas plc (UJO).