PETRONAS Floating LNG1 reaches a 95% overall progress
Dec 30, 2015
The PETRONAS Floating LNG1 (PFLNG1) has reached a 95% overall progress in its construction and will come on stream in 2016.

Lukoil exceeds one hundred million tonnes of oil in 2015
Dec 30, 2015
For the first time in the company's history, PJSC LUKOIL has as of stepped over the boundary of 100 million tonnes of produced oil annually.

Delphi Energy focuses on its Bigstone assets
Dec 30, 2015
Delphi Energy Corp. is now singularly focused on its Bigstone assets where it holds 139.5 gross sections (118.1 net) of Montney rights and 81.5 gross sections (60.0 net) of

DW Monday: Offshore prospects for 2016
Dec 30, 2015
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year

Canadian Oil Sands sends letter to shareholders to reject Suncor bid
Dec 30, 2015
Canadian Oil Sands Limited is mailing a letter to all shareholders advising them to reject Suncor's undervalued and opportunistic bid. It warns shareholders of Suncor's

Sound Energy to work with Schlumberger in Morocco
Dec 30, 2015
Sound Energy has entered into a Field Management Agreement with an affiliate of Schlumberger Oilfield Holdings Limited (the 'FMA') in relation the Tendrara licence,

88 Energy records oil shows at Icewine #1 well
Dec 30, 2015
88 Energy Limited says that Icewine#1 reached its planned Total Depth of 11,600' on 24th December at 0008 (AK time), having successfully achieved all of the primary

Wärtsilä to supply extension to Flexicycle power station in Senegal
Dec 30, 2015
Wärtsilä will supply an extension to a 53 MW Flexicycle power plant currently under construction near Dakar, Senegal. The extension will comprise two Wärtsilä 46 engines

Tethys Petroleum gets 2-year Kul-Bas contract extension
Dec 30, 2015
Tethys Petroleum Limited has been granted a 2-year extension to the Kul-Bas Exploration and Production Contract (the "Contract") in Kazakhstan and also provided an update on

TAQA taps first oil from Cladhan field in North Sea
Dec 30, 2015
Abu Dhabi National Energy Company PJSC (TAQA) has got first oil from the new Cladhan field development in the UK North Sea. The field is developed as a subsea tie-back to the TAQA-operated Tern Alpha platform. Peter Jones, TAQA’s UK managing director, said: “Cladhan is the third field developed by TAQA and the largest to date. First oil therefore represents a significant milestone. Developing Cladhan as a tie-back to Tern underlines our commitment to invest in infrastructure and to maximise economic recovery in the North Sea.”

Rosatom Asia becomes 1st Nuclear Energy member of Sustainable Energy Association of S’pore
Dec 29, 2015
Rosatom Asia, the Southeast Asian headquarters of Russian nuclear energy provider Rosatom, has joined Sustainable Energy Association of Singapore (SEAS).

Gazprom’s Board of Directors approves investment program for 2016
Dec 29, 2015
The Gazprom Board of Directors took notice of the information about the Company's preliminary operating results for 2015, projected Investment Program, Budget (Financial Plan)

Petrobras concludes sale of interest in Gaspetro
Dec 29, 2015
Petrobras has concluded the sale of a 49% interest in Petrobras Gás S.A. (Gaspetro) to Mitsui Gás e Energia do Brasil Ltda (Mitsui-Gás).

Transocean declares Shell's early termination of Polar Pioneer contract
Dec 29, 2015
Transocean Ltd. says that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017.

EMGS reports sales from its Norwegian multi-client library
Dec 29, 2015
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from the multi-client data library

PA Resources makes organisational and management changes
Dec 29, 2015
PA Resources has decided to reduce the company’s corporate organisation in order to reduce cost. The company’s cost reduction efforts will entail several organisational and

Petrobras completes two formation tests in Carcará area
Dec 29, 2015
Petrobras concluded two formation tests in the 3-SPS-105 well, confirming the high productivity of the pre-salt carbonate reservoirs. The 3-SPS-105 well, informally known as Carcará Norte, is located in the area of the Carcará Discovery Evaluation Plan (PAD), 4.6 km north of the discovery well (4-SPS-86B), in water depth of 2,070 meters and reached final depth of 6,338 meters, inside basaltic rocks.

Freeport-McMoRan elects Gerald J. Ford Non-Executive Chairman
Dec 29, 2015
Freeport-McMoRan Inc. says that James R. Moffett, Chairman of the Board, co-founder, and long-time executive, will step down from FCX’s Board of Directors and as Executive Chairman.

Imperial Oil & Gas finalised farm out deal
Dec 28, 2015
Empire Energy Group Limited says that Definitive Agreements have been signed between Imperial Oil & Gas Pty Ltd., (Imperial) a 100 percent owned subsidiary of the Company

Emerald Oil signs agreement to sell certain non-operated assets
Dec 28, 2015
Emerald Oil, Inc. and two of its wholly owned subsidiaries entered into a purchase and sale agreement with Angelus Private Equity Group (Angelus) pursuant to which Angelus

GLNG signs gas purchase agreement with AGL Energy
Dec 28, 2015
Santos says that the GLNG project participants have executed an agreement with AGL Energy Limited (AGL) for the purchase of 254 petajoules of gas for supply to the GLNG

Rosneft, Oil India and IOC signed a MoU for cooperation onshore the Russian Federation
Dec 28, 2015
Rosneft, Oil India Limited and Indian Oil Corporation Limited signed a Memorandum of Understanding for cooperation for geologic survey, exploration and production of

Buru Energy continues drilling operations at Ungani Far West 1 well
Dec 28, 2015
Buru Energy Ltd. reported the following weekly update on drilling operations at the Ungani Far West 1 well in Western Australia as at 06:00 hrs, Dec. 24.

Marquee Energy completes private placement
Dec 28, 2015
Marquee Energy Ltd. has completed its previously announced private placement. Due to oversubscription the Company issued a total of 2,824,967 common shares in the capital