Industry News

This is news related to the energy sector.  Clicking on stories below will take you to the publisher's website.


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The Oil and Gas Innovation Centre has reached its 40th project target ahead of schedule, with a total investment of over £1.3m in funding for collaborative projects with oil and gas companies and academic expertise in Scottish universities.

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T. Boone Pickens, who recently suffered from a series of strokes, took a "Texas-sized fall" that put him in the hospital last week.

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Exxon Mobil Corp. must pay a $2 million fine for showing "reckless disregard" for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday. Exxon sued the U.S. government to stop the fine.

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A judge deciding whether to temporarily shut down the disputed Dakota Access oil pipeline said Thursday that he will allow North Dakota's main energy trade group to weigh in.

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Under pressure from President Donald Trump, North Carolina's governor announced his opposition on Thursday to drilling for natural gas and oil off the Atlantic coast, saying it poses too much of a threat to the state's beaches and tourism economy.

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Operators of oil and gas wells in California will need to meet new licensing and bonding requirements as of January 1, 2018.

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Conflicting priorities of influential groups keep Russia from changing tax policy as it must to sustain oil production.

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US rig count growth appears to be slowing.

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Premier Oilfield Laboratories LLC has acquired NSI Technologies LLC.

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The planned reopening of a massive Los Angeles natural gas storage facility that spewed methane for months has only renewed the fight over its future.

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The Treasury Department says it is slapping Exxon Mobil Corp. with a $2 million fine for violating Russia sanctions while Secretary of State Rex Tillerson was the oil company's CEO.

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Pan Petroleum Gabon BV, a fully owned subsidiary of Panoro Energy ASA, London, reported its approval of the financial investment decision for the development of the Dussafu oil fields offshore southern Gabon.

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Noble Energy expects work on the Leviathan 5 appraisal/development well offshore Israel to finish soon, according to partner Delek Drilling.

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Twinza Oil Ltd., Perth, has signed a contract with China Oilfield Services Ltd. for use of the COSLSeeker jack up drilling rig to drill an appraisal well in Pasca A gas field in the Gulf of Papua offshore Papua New Guinea.

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Fred. Olsen Energy has issued an update on its offshore drilling fleet, most of which is currently idle.

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Polarcus has secured a contract for a one-month 3D seismic survey offshore West Africa, due to start in early 4Q.

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Safety equipment: New resource expands online personal protective equipment support for occupational health and safety managers.

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Eni has restarted operations from Viggiano's Val d'Agri Oil Center - the resumption of the plant's operational activities follows approval from the relevant authorities confirming the functionality of the plant and the presence of all necessary safety conditions.

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Oil and gas technology company Petrosys is pleased to announce its acquisition by Vela Corporation, a subsidiary of Canadian public company Constellation Software Inc.

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ExxonMobil Corp. has decided to walk away from development of the East Natuna natural gas permit in Indonesia saying it no longer wishes to continue discussions or activity in the block.