More Oil & Gas News

The rise to $50 oil means a return to stability, particularly for domestic shale producers. At this level, companies that saw the value of their product drop more than 75 percent in less than two years might have the confidence to resume drilling activities.

$50 oil means stability to American producers, says Canary CEO

May 27, 2016

The rise to $50 oil means a return to stability, particularly for domestic shale producers. At this level, companies that saw the value of their product drop more than 75 percent in less than two y...

Linde has expanded its plant turnaround, MRO (maintenance, repair and overhaul) and pipeline services capabilities to include the Gulf Coast region from a new facility located in Baytown, Texas.

Linde expands plant turnaround, MRO and pipeline services

May 27, 2016

Linde has expanded its plant turnaround, MRO (maintenance, repair and overhaul) and pipeline services capabilities to include the Gulf Coast region from a new facility located in Baytown, Texas.

Union activists disrupted the Marseille airport Friday and halted activity at half of the country's oil refineries in protests over changes to France's labor system, but nationwide gasoline shortages eased slightly after government intervention.

French protesters disrupt airport; gas shortages ease

May 27, 2016

Union activists disrupted the Marseille airport Friday and halted activity at half of the country's oil refineries in protests over changes to France's labor system, but nationwide gasoline shortag...

Parker Drilling Company announced that its customer awarded an extension and additional rig to its operations and maintenance (O&M) contract on Sakhalin Island, Russia.

Parker Drilling announces extension of Sakhalin O&M contract and addition of a new O&M rig

May 27, 2016

Parker Drilling Company announced that its customer awarded an extension and additional rig to its operations and maintenance (O&M) contract on Sakhalin Island, Russia.

Presumptive Republican presidential candidate Donald Trump unveiled an

Trump uses energy speech to outline general election pitch

May 27, 2016

Presumptive Republican presidential candidate Donald Trump unveiled an "America first" energy plan he said would unleash unfettered production of oil, coal, natural gas and other energy s...

Community leaders and activists in Nigeria's oil-producing Niger Delta voiced support for a new group of violent militants, saying their demands for a greater share of oil wealth match the aspirations of local people.

Nigeria: Local leaders back militants hitting oil production

May 27, 2016

Community leaders and activists in Nigeria's oil-producing Niger Delta voiced support for a new group of violent militants, saying their demands for a greater share of oil wealth match the aspirati...

The wells were drilled about 1.5 kilometres southeast of the 16/1-7 discovery well in the central part of the North Sea.

Delineation of oil discovery in the North Sea

May 27, 2016

The wells were drilled about 1.5 kilometres southeast of the 16/1-7 discovery well in the central part of the North Sea.

Oilfield services company Hercules Offshore filed for Chapter 11 bankruptcy protection, the second time it's done so in less than year.

Hercules Offshore files for bankruptcy protection, again

May 27, 2016

Oilfield services company Hercules Offshore filed for Chapter 11 bankruptcy protection, the second time it's done so in less than year.

Statoil standardizes completion design for latest North Sea Snorre wells

May 27, 2016

Statoil has brought onstream three new wells from the Snorre B production platform in the Norwegian North Sea.

Det norske confirms more oil at West Cable offshore Norway

May 27, 2016

Det norske oljeselskap has proven further oil and gas from one of two appraisal wells in the Ivar Aasen area of the central Norwegian North Sea.