Oil Exploration & Production News

Total has signed an agreement to sell a percentage of its interests in offshore production fields in the West of Shetland area.

Total sells minority interests in offshore production fields

Jul 29, 2015 Total has signed an agreement to sell a percentage of its interests in offshore production fi...
New in-depth study reveals that oil could rebound to $82 p/bbl in 2.5 years.

Special Report: The changing price of oil relative to gold

Jul 28, 2015

New in-depth study reveals that oil could rebound to $82 p/bbl in 2.5 years.

U.S. commercial crude oil stocks are expected to have decreased 700,000 barrels in the week ended July 24, a survey of analysts showed Monday.

Survey suggests a 700,000 bbl decline in U.S. crude stocks

Jul 28, 2015 U.S. commercial crude oil stocks are expected to have decreased 700,000 barrels in the week e...
Genie Energy has announced the completion of drilling at Ness 3, the second of its exploration drilling program.

Genie Energy completes exploration drilling on second well

Jul 28, 2015 Genie Energy has announced the completion of drilling at Ness 3, the second of its exploratio...
Statoil hit by lower oil prices, causing net profit to fall 16 percent to 10.1 billion kroner ($1.2 billion).

Statoil Q2 profits hit by lower oil prices, higher costs

Jul 28, 2015 Statoil hit by lower oil prices, causing net profit to fall 16 percent to 10.1 billion kroner...
London-based oil company BP reported a second quarter loss due to low oil prices, high exploration costs, settlement payoffs and uncertainty in the Middle East.

BP reports 2nd quarter loss mainly due to continued low oil prices

Jul 28, 2015 London-based oil company BP reported a second quarter loss due to low oil prices, high explor...

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H.K. Porter Announces Versatile Powerlink(TM) Bolt Cutters

Jul 29, 2015 H.K. Porter Announces Versatile Powerlink(TM) Bolt Cutters

Vantage Notifies Holders of 7.875% Senior Convertible Notes Due 2042 of Their Repu...

Jul 29, 2015 Vantage Notifies Holders of 7.875% Senior Convertible Notes Due 2042 of Their Repurchase Option

Propell Technologies Announces JV With Technovita to Develop and Sell Plasma Pulse...

Jul 29, 2015 Propell Technologies Announces JV With Technovita to Develop and Sell Plasma Pulse Well Treat...

Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2015, A...

Jul 29, 2015 Scorpio Tankers Inc. Announces Financial Results for the Second Quarter of 2015, Agreements f...
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