Oil & gas news

The Swedish company, Lundin Petroleum, has stated that its production figures would come in near the top end of its forecast for the coming year.

As part of a scheme to speed up the expansion of the UK’s wave and tidal industry, the park will stretch from Bristol to Cornwall.

After recent disputes with its northern neighbour, South Sudan is to announce plans for a new pipeline next week.

The European Union is expected to agree to impose a ban on imports of Iranian oil as soon as Monday

New World Resources, a leading hard coal and coke producer in Central Europe, has announced its production and sales targets for 2012.

The American Petroleum Institute have released information showing that petroleum demand was down in 2011.

Danish engineering company, FLSmidth, has made an offer for Ludowici Ltd, a leading provider of coal centrifuges, vibrating screens and complementary wear resistant products and services for the minerals industries. The acquisition would enable FLSmidth to complete its coal processing product ofference and strengten the company’s position in one of the largest mining markets in the world.

CompactGTL has developed commercial scale technology that could help unlock previously uneconomic oilfields.

As fire continues to ravage the KS Endeavor, chartered by Chevron, there are claims that crude oil has begun to wash ashore.

Companies line up to hire the Scarabeo 9 as it prepares to begin drilling in the deepwater Florida Strait.