PRIX index forecast: No change in global oil exportsJan 5, 2016Will oil exports continue flowing onto the world market, suppressing the oil price? The PRIX index forecast for the first quarter of 2016 has just been calculated and indicates
UK oil and gas production rose more than seven per cent in 2015, predicts Oil & Gas UKJan 5, 2016Oil & Gas UK’s chief executive Deirdre Michie welcomes confirmation of the first rise in oil and gas production for over 15 years but warns that the industry will be extremely
Cub Energy comments on Ukraine natural gas royalties ratesJan 5, 2016Cub Energy Inc. comments on the newly enacted law reducing gas royalties in Ukraine.
On Thursday, December 31, 2015, Ukraine President Petro Poroshenko signed a new law
NuStar and ConocoPhillips loading their first export cargo of U.S. crude oilJan 1, 2016On the heels of the U.S. government's recent lifting of the federal ban on the export of crude oil produced in the United States, NuStar Energy and ConocoPhillips are loading
Cheniere Energy appoints Neal Shear as Interim President and CEOJan 1, 2016Cheniere Energy, Inc., along with subsidiaries Cheniere Energy Partners, L.P. and Cheniere Energy Partners LP Holdings, LLC, declared that its Board of Directors has
Wood Group confirms appointment of CEOJan 1, 2016Wood Group confirms the appointment of Robin Watson as Chief Executive Officer from 1 January 2016, following Bob Keiller who has stepped down as CEO and from the Board.
Statoil reports fatality on board COSL rigDec 31, 2015It is with great sadness that Statoil and COSL have received confirmed information from the police that one person has died as a result of the breaking wave that hit the drilling rig
DW Monday: Offshore prospects for 2016Dec 30, 2015This 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 bidDec 30, 2015Canadian 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
Rosatom Asia becomes 1st Nuclear Energy member of Sustainable Energy Association of S’poreDec 29, 2015Rosatom Asia, the Southeast Asian headquarters of Russian nuclear energy provider Rosatom, has joined Sustainable Energy Association of Singapore (SEAS).
PA Resources makes organisational and management changesDec 29, 2015PA 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
Freeport-McMoRan elects Gerald J. Ford Non-Executive ChairmanDec 29, 2015Freeport-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.
Petroceltic International initiates strategic reviewDec 25, 2015Petroceltic International plc has initiated a formal strategic review of the Company's business and assets with a view to considering all options to maximise value for
Williams names Seldenrust Head of Engineering & ConstructionDec 24, 2015Williams has appointed John Seldenrust as Senior Vice President of Engineering & Construction, effective Jan. 1. Seldenrust will report directly to Williams President and Chief
Eos Petro appoints Alan D. Gaines Chief Executive OfficerDec 24, 2015Eos Petro, Inc. has appointed Alan D. Gaines as Chief Executive Officer.The Board of Eos is pleased and very excited to attract someone of Mr. Gaines' caliber," said Nikolas
Wood Group appoints Company SecretaryDec 24, 2015William Setter, Group Financial Controller, will become Company Secretary of John Wood Group PLC with effect from 1 January 2016, following the announcement
Falcon Oil & Gas appoints new ChairmanDec 23, 2015Falcon Oil & Gas Ltd. has elected JoAchim Conrad, a non-executive director of the Company since 2008, as its Chairman. Through this appointment, the Board of Directors
Trelleborg’s bend restrictors receive API 17l1 certificate of manufacture approvalDec 23, 2015Trelleborg’s offshore operation in the UK has been certified for the manufacture of bend restrictors under the American Petroleum Institute’s specification for flexible pipe ancillary
Subsea UK unveiles its new BoardDec 23, 2015Subsea UK has unveiled its new Board, following a members’ ballot at the industry body’s Annual General Meeting. Following an unprecedented number of member nominations,
DNV certified IR windows from IRISS assure reliability & safety at seaDec 23, 2015IRISS VP and CAP Series industrial grade infrared windows for thermal inspection now have another unique selling point. They are the only windows to be approved by DNV for use in
Clariant opens new storage and blending facility in Western AustraliaDec 23, 2015Clariant Oil Services opens its new storage and blending facility at Karratha, Western Australia. This facility will significantly reduce the chemical transport distance to
Sunshine Oilsands appoints Chief Financial OfficerDec 22, 2015Sunshine Oilsands Ltd. has appointed Mr. Qiping Men ('Mr. Men') as the Chief Financial Officer of the Corporation with effect from December 18, 2015 (Hong Kong Time)/
The Oil and Gas industry to take on safety and environmental challenges @ OGSC 2016Dec 22, 2015The oil and gas safety conference OGSC 2016 organized by RGT Media Communications Corp. in Partnership with the Independent petroleum Association of America provides
Good opportunities for offshore investors to acquire distressed assetsDec 21, 2015Shipping and offshore specialist law firm Wikborg Rein says current low oil prices could mean there are bargains to be had for investors in the offshore sector who follow recommended
