Bonterra Energy Corp. declares 2016 capital budget
Dec 18, 2015
Bonterra Energy Corp. announces its 2016 capital budget, an operations update, and an adjustment to its dividend level to $0.10 per share commencing with the December 2015

The European Commission discontinues Statoil investigations
Dec 18, 2015
The EU Commission’s competition agency has discontinued its investigation into potential manipulation of oil price benchmarks

GCC companies growing despite challenging business environmen
Dec 18, 2015
A study conducted by Heidrick & Struggles, a professional services firm serving the leadership needs of top organizations around the globe, shows that senior business leaders in the

Providence is growing a unique portfolio of assets in the Irish offshore
Dec 18, 2015
Providence Resources provides a trading update on activities for 2015. Tony O'Reilly, Chief Executive of Providence said,'Despite the

ODE gains from new London headquarters
Dec 18, 2015
International engineering and operations support services contractor ODE is prepared for the challenges going into 2016 following its first year in its new

NOVATEK and China's Silk Road Fund sign binding definitive agreements
Dec 18, 2015
OAO NOVATEK announced the signing of binding definitive agreements as part of a transaction for selling an equity stake in the Yamal LNG project to China’s Silk Road Fund (SRF).

Cue Energy spuds Te Kiri North-1 well in New Zealand
Dec 18, 2015
Cue Energy Resources Limited (Cue) advises that the Te Kiri North-1 well spud on 16th December 2015. Te Kiri North-1 is a deviated well, located onshore within permit

Spectrum to commence 3D Multi-Client project offshore Australia
Dec 18, 2015
Spectrum has commenced a new 3D Multi-Client project over the Vulcan Sub-basin, offshore North West Shelf, Australia.

Victoria Oil & Gas appoint Iain Patrick as a Non-Executive Director
Dec 18, 2015
Victoria Oil and Gas Plc has appointed Mr Iain Patrick as a Non-Executive Director of the Company with immediate effect. Mr Patrick has over 30 years' experience in the

DNV GL, Liander and Enexis reduce power failures in Dutch electricity grid
Dec 18, 2015
DNV GL (formerly KEMA), the world’s largest resource of independent energy experts and certification body, Dutch distribution system operators Liander and Enexis, and substation automation provider Locamation have developed a 24 hour online monitoring system for underground cable networks, with full-scale roll out of the system due to start this year.

Magnum Hunter Resources files voluntary Chapter 11
Dec 17, 2015
Magnum Hunter Resources Corporation and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code

Northcote Energy comments on Mexican Onshore Bid Round
Dec 17, 2015
Northcote is pleased to note the announcement by MX Oil plc that it has been successful in winning four concessions in Veracruz, Mexico, namely Tecolutla, Ponton, La Laja and

Statkraft AS reduced investment plan
Dec 17, 2015
Statkraft AS has adjusted its investment plan to the new financial terms. The most material change is that Statkraft no longer will invest in new offshore wind projects.

CNL Software showcasing IPSecurityCenter™ PSIM Advancements at Intersec 2016
Dec 17, 2015
CNL Software will be showcasing the latest advancements to its IPSecurityCenter PSIM solution at Intersec 2016 on Stand No. S1-F30, Dubai International Convention and Exhibition Centre.

BMT makes MD appointments for new partnerships
Dec 17, 2015
BMT Group (BMT) has announced an internal reorganisation which will see the existing BMT operating companies grouped into five market focused partnerships. These

Decom North Sea and Zero Waste Scotland launch framework for Re-use
Dec 17, 2015
This week, Decom North Sea, the industry body for North Sea oil and gas decommissioning further launched its Re-use Framework, in conjunction with

Halliburton and Baker Hughes provide update regarding DOJ review
Dec 17, 2015
Halliburton Company and Baker Hughes Incorporated expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching

Leucrotta Exploration updates Canada drilling program
Dec 17, 2015
Leucrotta Exploration Inc. is pleased to announce an update on its fall drilling program. Leucrotta had previously announced that it would drill and

Ascent Resources operational & IPPC permit update
Dec 17, 2015
As previously announced, the Company has been in discussions with new industry partners, to explore alternative routes that would ultimately enable the Company to generate income from

Saipem awarded new E&C offshore contracts worth 180 million euro
Dec 17, 2015
Saipem has been awarded new E&C offshore contracts cumulatively valued at 180 million euro. The most significant initiatives are:

Sound Energy complete Tendrara farm in
Dec 17, 2015
Sound Energy says that the Company's farm in agreement with the Moroccan Oil and Gas Investment Fund (the 'Farm In') in relation to the Tendrara Lakbir Licence, onshore

Statoil welcomes the Paris agreement
Dec 17, 2015
On 12 December the world’s leaders agreed on an ambitious plan to address climate change. Statoil welcomes the agreement and is well positioned to play our part in the transition

Call for proposals launched for Technology Showcase 2016
Dec 17, 2015
The Industry Technology Facilitator (ITF) is seeking proposals on the oil and gas innovations which can make the biggest impacts in transforming costs and increasing efficiencies

ExxonMobil and University of Wisconsin-Madison transportation fuel research agreement
Dec 17, 2015
The University of Wisconsin-Madison and ExxonMobil have announced a two-year agreement to research the fundamental chemistry of converting biomass into