Oil & gas news
Fluor and Shell sign enterprise framework agreement
Fluor has signed an enterprise framework agreement with Shell for downstream projects in Europe, Africa and the Middle East.
Foot off the gas pedal
The incredible expansion of unconventional gas in North America is drawing to a close. Gordon Cope takes a closer look.
BG Group and CNOOC sign heads of agreement
CNOOC and BG Group have signed a heads of agreement for the sale of equity in Queensland Curtis LNG and the sale of LNG supplies for US$ 1.93 billion.
BG posts disappointing 2013 production forecast
BG Group shocked markets and took a 17% hit to its share price when it announced that the company would see no production growth in 2013.
What does the future hold for the global oil price?
In a recent survey conducted by Reuters, analysts were asked to predict the likely price of crude oil by the end of the decade.
Runge joins forces with leading Chinese clean energy company
Runge Ltd has announced a formal partnership with China Kingho Energy Group, a leading mining and energy company.
Tag Oil makes US$ 534 million bid for Greymouth Petroleum
Canadian company Tag Oil has made a US$ 534 million bid for New Zealand’s Greymouth Petroleum.
BP sees shares boosted as profit soars
BP has seen its shares rise by 3.5% and profits have soared as the company continues its extensive divestment programme.
Somaliland to drill for oil by 2014
Somaliland’s mining and energy minister has claimed that the internationally unrecognised state could see companies drilling for oil within its borders by 2014.
North Sea oil companies using ships to transport workers
In the wake of three major helicopter companies halting flights amid safety concerns, oil companies operating in the North Sea are having to rely on ships to bring workers to and from offshore platforms.