Oil & gas news

National Oilwell Varco (NOV) has announced second quarter 2014 earnings.

BASF has announced increased earnings in the second quarter due to higher volumes.

The revisions to the Alberta EOR royalty program will have a positive impact on the economics of Zaragon’s Little Bow project.

The deals are expected to be completed by 29 February 2016.

Cameron Madgwick has been appointed as the Petroleum Exploration and Production Association’s new Chief Executive Officer.

A new international occupational health and safety management systems standard is currently under development.

Once the reservoirs have been filled, oil will be supplied into Iraq's main pipeline system.

BP has warned that further sanctions on Russia could have an adverse effect on the company’s finances and operations.

Cambridge MP Julian Huppert officially opened the new centre on 28 July.

Australian energy company WHL Energy Limited has announced that the 590 square miles Junon 3D seismic survey offshore Seychelles has been completed.