Oil & gas news

Crude Energy recently announced its plans to drill a well at its White Wolf Prospect, a project located near Midland, Texas.

The American Petroleum Institute has welcomed the recent LNG approvals and has urged action on the backlog.

ExxonMobil have released their results for the second quarter of 2014.

Osum Production Corporation has completed the purchase of the Orion Oil Sands Project from Shell Canada for CAN$ 325 million.

Fugro has delivered a high quality motion dataset for deepwater riser monitoring.

KBR has announced strong bookings in its hydrocarbons and IGP segments for the second quarter of 2014.

A new report from Fitch Ratings has said that exploration and production costs did not put pressure on oil prices in a meaningful way in 2013.

Honeywell will upgrade process control and alarm management systems at the Molikpaq platform on the Sahkalin shelf, Russia.

Vermeer introduces the second HDD in its new S3 series.

Continued recovery in volumes, transmission order book reaches record €3 billion.