The Real Cause Of Low Oil Prices: Interview With Arthur Berman
Jan 12, 2015
With all the conspiracy theories surrounding OPEC's November decision not cut production, is it really not just a case of simple

Petsec Energy commences drilling at Ruth R. Bravanec, et al #1 well
Jan 12, 2015
Petsec Energy has commenced drilling of the Ruth R. Bravanec, et al #1 well on 7 January 2015. The well is being drilled on

EFC Group awarded £3.65million of contracts
Jan 12, 2015
EFC Group has been awarded contracts with major oil and gas drilling contractor companies to the value of £3.65million.

Alphastrut awarded six figure contract with Det norske
Jan 12, 2015
Alphastrut has been awarded a six figure contract with Det norske to provide raised access flooring on the Ivar Aasen Northern

Arsenal Energy announces guidance for 2015
Jan 12, 2015
Arsenal Energy Inc. says that production for the fourth quarter of 2014 averaged an estimated 4,700 boe/d, (approximately

Southern Energy Group acquires JT Fields Berry Lease
Jan 12, 2015
Southern Energy Group, Inc. (SEG) has acquired the JT Fields Berry Lease located in Caldwell County, TX. The JT Fields-Berry

Statoil to extend lifetime of Norne field to 2030
Jan 12, 2015
Initially scheduled to be shut down during 2014, the ambition is now to extend the life of the Norne field to 2030. The Norne field came on stream on 6 November 1997, and the initial development plans called for the field to be shut down during 2014. But the Norne adventure is far from over.

Mart Resources provides initial flow test rate results for UMU-13 well
Jan 12, 2015
Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Limited (Operator of the Umusadege field) and

Baker Hughes announces December 2014 rig count
Jan 12, 2015
Baker Hughes Incorporated announced that the international rig count for December 2014 was 1,313, down 11 from the 1,324

Westbridge Energy enters $1 million binding agreement to fund acquisition of leases
Jan 12, 2015
Westbridge Energy Corporation has executed a binding agreement whereby the Company will enter into a US$1.0 million lease bank facility

MDU Resources delays marketing fidelity E&P business
Jan 12, 2015
MDU Resources Group, Inc. will delay plans to market its Fidelity Exploration & Production business because of the sharp

Joint venture set to revolutionise well intervention
Jan 12, 2015
Pipeline manufacturer Magma Global has entered into a partnership with back-deck provider specialist Maritime Developments

Platts Survey: OPEC Pumps 30.03 Million Barrels of Crude Oil Per Day in December
Jan 12, 2015
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 30.03 million b/d in December, up

Bjarte Bruheim appointed CEO of EMGS
Jan 9, 2015
The new Board of Directors of Electromagnetic Geoservices ASA (EMGS) has reviewed the Company's organization, and has

SunEdison to add 1.6 Gigawatts of Wind Energy projects to development engine
Jan 9, 2015
SunEdison, Inc. has purchased new turbines that will enable SunEdison to develop up to 1.6 gigawatts (GW) of incremental

Circle Oil appoints Group Finance Director
Jan 9, 2015
Circle Oil has appointed Susan Margaret Prior, (44), as Group Executive Finance Director with effect from 12 January 2015.

Greene's Energy Group promotes Cummins to VP Key Account Management
Jan 9, 2015
Greene’s Energy Group, LLC (GEG) has promoted Tracy Cummins to Vice President of Key Account Management.

Everest Hill Energy terminates farm-out agreements with Global Energy Development
Jan 9, 2015
Global Energy Development has been informed that the wholly-owned subsidiary of Everest Hill Energy Group Ltd elected to

ITF launches technology showcase 2015 call for papers
Jan 9, 2015
The Industry Technology Facilitator (ITF), the organisation driving oil and gas technology development in the UK, is holding its

Pacific Energy commences initial production rate testing of Loomis wells
Jan 9, 2015
Pacific Energy Development has commenced testing to determine the initial production rates of the Company's 3 new horizontal

FARO® launches innovative, user-friendly handheld 3D laser scanner
Jan 9, 2015
FARO Technologies, Inc. has released the new FARO Freestyle3D Handheld Laser Scanner, an easy, intuitive device for use

President Energy reports encouraging prospects for Louisiana operations
Jan 9, 2015
2014 was another solid year for President's Louisiana operations with an estimated operating profit, subject to audit, of

Chestnut Exploration & Production experiences company growth
Jan 9, 2015
Chestnut Exploration & Production, Inc. announced a 73 percent increase in oil production from September 2013 to September

Taipan Resources spud Badada-1 well
Jan 9, 2015
Taipan Resources Inc., through its Kenya-based subsidiary Lion Petroleum, announces that the GW-190 rig has spudded the