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Oil & gas news

Statoil makes workforce reductions

Since 2013, Statoil has been making reductions across its workforce and it plans to continue doing so in the near future.

 
 

Prioritising Arctic oil and natural gas

The American Petroleum Institute (API) has encouraged Congress and regulators to prioritise Arctic offshore oil and natural gas development.

 
 
 
 

2014 in review

BP has said that global primary energy consumption decelerated sharply last year, even thought global economic growth was similar to 2013.

 
 

LGO Energy updates on Goudron Pad 4

LGO Energy plc has announced its plans for testing three wells and confirms that it has the necessary approvals to construct two sales tanks.