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BP announces two North Sea discoveries

Two new North Sea oil and gas discoveries announced by Energy giant BP Tests have been carried out to discover how much oil and gas...

Carlyle to increase $2.5bn fund for non-US oil and gas assets.

The US private equity group, Carlyle, are preparing to use the growing investor appetite for the oil industry by raising more than $2.5bn to...

Denial of Minimum Wage to North Sea Workers a ‘National Disgrace’.

Official pay guidance won’t apply beyond 12 miles in UK waters, leaving out most crews dismantling oil and gas rigs Unions have said it is...

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...

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HISTORIC FREEZE set for the UK

Weather models confirm historic freeze for the U.K. as Scandinavian and Siberian systems hit Weather models have confirmed that a lengthy and possibly historic freeze...