Magnum Gas and Power returns petroleum exploration licenses to NSW GovernmentMar 17, 2015Magnum Gas & Power Limited is focused on bringing cleaner energy to the people of Botswana, who wish to have domestic
Senex sets oil price hedges for 2016 financial yearMar 16, 2015Senex Energy Limited has entered into a series of oil price hedges for the 2016 financial year.The oil price hedging program provides revenue protection over
Kea Petroleum relinquishes Mercury permit, updates ongoing strategic reviewMar 16, 2015Kea Petroleum has relinquished its Mercury permit, PEP 52333, offshore Taranaki, and an update on the ongoing strategic review.
UKOG further increases its interest in Horse Hill, Weald Basin, UKMar 16, 2015London listed UK Oil & Gas Investments has increased its direct interest from 28% to 30% in Horse Hill Developments
ITIC warns on fraudulent diversion of fundsMar 16, 2015International Transport Intermediaries Club (ITIC) says fraudulent diversion of funds is on the increase in the maritime sector.
Gran Tierra implements structural cost cutting measuresMar 16, 2015Gran Tierra Energy Inc. announces cost reductions in line with its strategy to preserve its strong balance sheet and maximize potential
Orca Energy sells Cooper Basin assets to Senex EnergyMar 16, 2015The Board of Orca Energy Limited has entered into a binding Sales Agreement (the Transaction) with Senex Energy Limited to sell
Baytex Energy increases bought deal financing to $550 millionMar 13, 2015Baytex Energy Corp. has reached an agreement with its syndicate of underwriters co-led by Scotiabank and RBC Capital
Lansdowne reports additional breathing room ahead of farm-outMar 13, 2015Lansdowne Oil & Gas is an E&P company with licences in the North Celtic Sea Basin, offshore the southern coast of Ireland.
Tourmaline Oil Corp. consolidates Deep Basin assetsMar 13, 2015Tourmaline Oil Corp. has entered into a transaction to acquire Perpetual Energy Inc.'s (Perpetual) interests in the West Edson area of the Alberta Deep Basin. The interests include Perpetual's land interests,
Oryx Petroleum announces updated 2015 capital expenditureMar 13, 2015Oryx Petroleum Corporation Limited announces an update on its 2015 capital expenditure plans and funding. A 2015 capital expenditure forecast of $140 million
IPEX shows petrochemical and plastics markets reacting to crude price swingsMar 13, 2015Petrochemical markets in Asia have reacted swiftly to recent rising crude oil and naphtha prices but European and US markets
GexCon and Arup form new partnershipMar 12, 2015Oil and gas safety and risk management consultancy GexCon has entered into a partnership with engineering consultants Arup which is set
The Ferguson Group expands Malaysian operationsMar 12, 2015The Ferguson Group Singapore is meeting the market requirements with further investment in its SE Asia fleet. Headquartered in Loyang Offshore Supply Base, Ferguson Group
NGE completes sale of a 50% stake in PPL 269 in Papua New Guinea to SantosMar 12, 2015New Guinea Energy Limited (NGE) reported that its wholly owned subsidiary, Kirkland Limited (Kirkland),completed the sale of its 50 percent interest
Trinity Exploration & Production sells surplus inventoryMar 12, 2015Trinity announces the sale of surplus casing and tubing to Rigtech Services Limited, Blanket Security Limited and Well Services Petroleum
SunEdison secures non-recourse financing for first utility solar project in JapanMar 12, 2015SunEdison, Inc. has secured non-recourse project financing from Japan -based Shinsei Bank for its Tarumizu project, a 9.6 megawatt
Azonto Petroleum relinquishes offshore Accra Block, GhanaMar 12, 2015Azonto says that, as a result of a continued strategic review of its operations and prolonged discussions with the government of Ghana
BMT Group finalizes purchase of NavCon LtdaMar 12, 2015BMT Group Ltd has agreed to purchase Navegação e Controle Indústria e Comércio Ltda (NavCon). The company’s name has officially changed to BMT NavCon Ltda. Scientific Marine Services Ltda was previously a minority stakeholder in NavCon. This new agreement fully integrates NavCon into the BMT group of companies.
Cue Energy completes acquisition of Kutei Basin's Mahakam Hilir PSCMar 11, 2015Cue Energy Resources Limited has completed the acquisition of 100 percent of SPC Mahakam Hilir Pte Ltd, which holds 60 percent
IGas Energy signs UK shale farm-out agreement with INEOS UpstreamMar 11, 2015IGas Energy has signed a Farm out and Purchase Agreement with INEOS. On completion of the transaction, INEOS will acquire an
Baraka moves to increase its Georgina Basin acreage, seeks farm-in partnerMar 11, 2015Baraka Energy & Resources Ltd has, after an extended period of discussions and communications, together with the support of
KrisEnergy becomes operator of Vietnam Block 105Mar 11, 2015Singapore-listed KrisEnergy Ltd. is increasing its working interest in Block 105-110/4 (Block 105) and taking over operatorship of the
AJ Lucas provides details of acquired New South Wales exploration licensesMar 11, 2015AJ Lucas Group Limited provides additional information on the acquisition of the three Petroleum Exploration Licences (PELs) in New South Wales