Marathon Oil provides update on 2015 capital budget
Dec 18, 2014
Marathon Oil Corporation anticipates its 2015 capital, investment and exploration budget will be approximately $4.3-4.5 billion, or about 20 percent lower

GE agrees to acquire Oceaneering’s Electric Actuator Product Line
Dec 18, 2014
GE has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering. The product line goes to market under the Oceaneering Subsea All Electric and

Technip closes its sale of Diving Assets in the Gulf of Mexico
Dec 17, 2014
Effective, December 5, 2014, Technip has completed the previously announced sale of its Diving Assets in the US Gulf of Mexico to Ranger Offshore Inc.

Antrim Energy announces response to Intended Offer
Dec 17, 2014
Antrim Energy Inc. says that its Board of Directors has determined that the Intended Offer received from Sound Oil plc (Sound Oil) to acquire the entire

Mosman updates takeover proposal for MEO Australia Limited
Dec 17, 2014
The Directors of Mosman Oil and Gas Limited note the response released on the ASX by the directors of MEO Australia Limited (MEO) to the proposed

Senex Enegy completes Surat Basin gas asset swap transaction
Dec 17, 2014
Senex Energy Limited and the QGC JV1 have completed the Surat Basin gas asset swap transaction announced on 10 September 2014.

Repsol to acquire Talisman Energy for US$8.00 per common share in all-cash transaction
Dec 17, 2014
Talisman Energy Inc. has entered into a definitive agreement (the "Arrangement Agreement") with Repsol S.A. under which Repsol will acquire all of the

Technip plans to acquire Zimmer Polymer Technologies
Dec 16, 2014
Technip has entered into an agreement with Air Liquide Global E&C Solutions Germany to purchase all of its Zimmer® polymer technology business.

FlexEnergy receives investment from Intervale Capital
Dec 16, 2014
Intervale Capital has made an equity investment in FlexEnergy, Inc. Headquartered in Portsmouth, NH, Flex manufactures small natural gas turbines.

Glacier Energy Services expands across Middle East and Australia
Dec 16, 2014
Energy sector service group Glacier Energy Services is expanding across the Middle East and Asia Pacific, as it confirms a merger of its pipeline

SunEdison closes financing to develop 81.7 megawatts of solar In Honduras
Dec 16, 2014
SunEdison Inc. has closed an approximately $146 million USD non-recourse debt financing arrangement with the International Finance Corporation

TAG Oil increases exploration interests in Taranaki Basin
Dec 16, 2014
TAG Oil Ltd. says that New Zealand Petroleum and Minerals has awarded the Company 100% interest in two new onshore Taranaki Basin permits:

Amec Foster Wheeler acquires Scopus
Dec 16, 2014
Amec Foster Wheeler has acquired Scopus Group (Holdings) Limited (Scopus), a market-leading laser scanning, dimensional control and lean engineering

Range Resources to fully exploit and develop the potential of Trinidad assets
Dec 15, 2014
Range Resources Limited has executed formal agreements for a US$60 million funding package with Core Capital Management Co., Ltd (the "Investor"),

Petroceltic International sees legal proceedings issued by Worldview Capital Management
Dec 15, 2014
Petroceltic International plc has now seen the legal proceedings issued by Worldview Capital Management ('Worldview'). The proceedings allege that the

Ivanhoe updates the status of ongoing strategic and financial initiatives
Dec 15, 2014
Ivanhoe Energy Inc. says that the company's Board of Directors has been engaged in a process with its financial advisors to devise and implement a

Bankers Petroleum announces 2015 capital budget and work program
Dec 15, 2014
Bankers Petroleum Ltd. announce its 2015 capital program of US$218 million. The capital program will be fully supported by funds generated from

Warren Resources announces 2015 capital budget and production guidance
Dec 15, 2014
Warren Resources, Inc. announce its preliminary capital budget and production guidance for the full year 2015. Warren is projecting approximately $80 million of capital

Petrobras: Service of complaint in the United States
Dec 12, 2014
Petrobras informs the market that on December 09, it has been served with the class action complaint filed yesterday by Peter Kaltman in the

Lekoil approve provision of a US$1.5 million loan to Lekan Akinyanm
Dec 12, 2014
Lekoil Limited says that the independent board of directors of the Company, being all of the Directors save for Lekan Akinyanmi, the Company's

Mosman makes takeover proposal for MEO Australia Limited
Dec 12, 2014
The Directors of Mosman Oil and Gas Limited says that Mosman proposes to make a takeover bid pursuant to Chapter 6 of the Australian

Oilex announces acceptance of exploration permit application
Dec 12, 2014
Oilex Ltd says that its application to convert the Special Prospecting Authority (SPA 17 AO) to Exploration Permit Application (STP-EPA-0131)

Gibson Energy approves 2015 capital expenditure budget of $510 million
Dec 11, 2014
Gibson Energy Inc. says that its Board of Directors has approved the Company's 2015 capital expenditure budget of $510 million. Approximately

ConocoPhillips sets 2015 capital budget of $13.5 billion
Dec 10, 2014
ConocoPhillips announce a 2015 capital budget of $13.5 billion, a decrease of approximately 20 percent compared to 2014. The reduction in