Latest news
Two exploration wells in east Ukraine have been abandoned by Shell
Royal Dutch Shell has dropped two natural gas exploration wells in eastern Ukraine after they were considered inefficient, as stated by the oil major on Thursday.
read more... 13/03/2015
Scottish oil and gas tech start-up obtains £1.5 million
A start-up company based in An Aberdeen has won funding estimated at £1.5 million to develop new technology for the oil and gas industry.
read more... 12/03/2015
New oil and gas facility opened by GE for subsea projects in Australia
A new oil and gas facility has been opened by General Electric (GE) in Broome, Western Australia to service subsea projects.
read more... 10/03/2015
Statoil: contract of NOK 8 billion for oil platform awarded to Aibel
Statoil has awarded a deal estimated at NOK 8 billion (£0.7bn) to construct an offshore drilling platform.
read more... 26/02/2015
Canada imposes fresh sanctions on oil giant Rosneft, Rostec CEO
Canada has imposed new sanctions against Russian oil conglomerate Rosneft and Rostec CEO, Sergei Chemezov, blaming Russia for military backing of the separatists in eastern Ukraine.
read more... 18/02/2015