News
Oil drops below $97 on weak Chinese industrial data and strong US dollar
The price of Brent crude oil declined below $97 a barrel today amid weak Chinese industrial data and a strong...
Read moreCairn Energy sells 10% stake in UK Catcher oil field to Dyas
Cairn Energy has sold a 10% stake in its Catcher development in the North Sea and nearby fields to Dyas...
Read moreTGS unveils two new ocean bottom seismic projects in US GoM
TGS has unveiled the initial two ocean bottom seismic surveys to be undertaken in the US Gulf of Mexico (GoM)...
Read moreCGG signs deal to start offshore multi-client programme in Gabon
French geoscience company CGG has signed an agreement with the Gabonese Ministry for an offshore multi-client survey programme. The...
Read moreBrent crude remains above $97 on firm US economic data and steady China PMI
Brent crude futures remained above $97 a barrel today amid firm US economic data and steady China PMI. However,...
Read moreBP and Dana acquire Egypt offshore acreage
Dana Gas has announced that its wholly owned subsidiary, Dana Gas Egypt, has been awarded the North El Salhiya (Block...
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LGO completes drilling at fifth Goudron well onshore Trinidad
Leni Gas & Oil (LGO) has announced that well GY-668, the fifth of its planned 30 new development wells at...
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Rift Energy proceeds with Block L19 exploration onshore Kenya
Rift Energy has announced it is entering into the first additional two-year exploration programme on Block L19 in Kenya...
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Fracking boss bribes locals with promise to share of natural gas income if they agree to drilling under their homes
Offer means landowners and communities could get £2.5billion over next twenty years Landowners would receive 4 per cent of the...
Read moreAsia Should Get Used to China’s Diesel Exports
China's fuel refiners look set to continue pumping out more diesel than the domestic market can handle until at least...
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