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BP hikes its dividend on buoyant oil market

Oil giant BP see profits soar for the first time in four years after a rise in crude prices helped it post bumper profits. Underlying...

Warning of Oil Supply Crunch

Saudi Aramco chief warns of oil supply crunch and says investment in projects such as shale will not be enough to meet rising demand Amin...

ExxonMobil pursues Ghana’s deepwater exploration acreage, says GlobalData

Analysis of Ghana’s upstream oil and gas industry shows that the country currently has 21 licensed blocks, of which 14 are in the ultra-deepwater...

Chief of American Petroleum Institute to Step Down

After a decade at the helm of the leading US oil and gas industry group, American Petroleum Institute president Jack Gerard will step down...
Eight Energy Companies Commit To Reduce Methane Emissions

Eight Energy Companies Commit To Reduce Methane Emissions

BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around...

OilFiredUp – Week in Review

Appointment of Greg Clark & New Department of Business, Energy & Industrial Strategy.  The prime minister’s office has confirmed that the department of energy and...
exxonMobil-Interoil-Corporation

ExxonMobil to acquire InterOil Corporation

Exxon Mobil Corporation and InterOil Corporation have announced an agreed transaction worth more than US$2.5 billion, under which ExxonMobil will acquire all of the...

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Trade Association For Oil Heating Industry - 2017 Budget Reaction

Householders at risk of hike in heating oil price following Brexit

Householders who use central heating oil in Ireland could be exposed to spiralling costs due to Brexit, an industry leader warns. Nicholas Hayes, Irish executive...