Hess starts full field development of North Malay gas field

Independent U.S. firm Hess has announced that it has commenced full-field development of the North Malay basin project offshore...

Karoon to partner with DEA in Brazil

Karoon Gas Australia has entered into agreements with Germany's DEA Deutsche Erdoel to revaluate and jointly bid for oil and gas...

Weir Oil & Gas completes KOP Surface Products acquisition

Weir Oil & Gas has completed its US$114 million acquisition of KOP Surface Products that was announced in mid-June. It is part of...

Faroe Petroleum buys Japan's JX North Sea interest

Independent explorer Faroe Petroleum has bought Japan's JX Nippon Exploration and Production 13.9 per cent interest in the Blane...

Shell posts strong profit rise

Royal Dutch Shell has posted a 31 per cent rise in profits during the second quarter of the year compared to last year as its...

Stable Q2 results for Total

French oil giant Total has reported a small dip in net profits for the second quarter of this year of US$2 billion, down from...

Petronas cancels Pacific NorthWest LNG project in Canada

Malaysian oil company Petronas has decided with its partners to scrap the proposed C$36 billion ($29 billion) Pacific NorthWest...

SNC-Lavalin wins refinery FEED deal in Guinea

SNC-Lavalin has been awarded a contract by Brahms Oil Refineries for a front-end engineering design (FEED) conversion to EPC for a...

ExxonMobil finds more oil at Guyana well

U.S. supermajor ExxonMobil has found more oil in the Payara reservoir offshore Guyana, increasing the total volume of the Payara...

Senex Energy finds oil onshore Australia

Senex Energy has made an oil discovery on the western flank of the South Australian Cooper Basin.