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Baker Hughes: US Drillers Cut Oil Rigs For Second Week In Three
Friday, August 18, 2017 US energy firms cut oil rigs for a second week in three, data shows, with drillers cutting spending plans in reaction to declining crude prices.

Colombia's Ecopetrol Names New CEO, Echeverry Resigns
Thursday, August 17, 2017 Ecopetrol says its current vice-president, Felipe Bayon, will take over as chief executive.

Conoco To Start Dismantling Historical Norwegian Oil Platform
Thursday, August 17, 2017 ConocoPhillips has won permission to prepare for the removal of the first permanent oil platform built off Norway more than 40 years ago, the country's industry regulator says.

Transocean To Buy Norwegian Rig Firm Songa Offshore For $1.1B
Tuesday, August 15, 2017 Transocean has agreed to buy Norwegian competitor Songa Offshore for $1.1 billion.

Amec Foster's First-Half Trading Profit Falls, Margins Improve
Thursday, August 10, 2017 Amec Foster Wheeler reports an 8% fall in half-year profit, but stronger margins helped to boost its shares.

Premier Oil Names Roy Franklin As Chairman
Thursday, August 10, 2017 Premier Oil hires oil and gas industry veteran Roy Franklin as its chairman.

Baker Hughes Clinches Integrated Services Contract For PNG Gas Field
Tuesday, August 08, 2017 Baker Hughes wins a major contract to provide a wide range of services to develop Papua New Guinea's first offshore gas field.

Chinese-Owned Oil Firm Addax Shuts Offices After Swiss Bribery Case
Monday, August 07, 2017 Chinese-owned oil firm Addax Petroleum is shutting its offices in Geneva, Houston and Aberdeen, a month after it agreed to pay 31 million Swiss francs ($31.85 million)to settle charges of suspected bribery of foreign officials.

UAE's ADNOC To Split Huge Oil Concession, In Talks With Potential Partners
Monday, August 07, 2017 Abu Dhabi National Oil Co (ADNOC) says it will split its ADMA-OPCO offshore oil concession into two or more areas.c


 
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