Brent crude future prices rose above $61 a barrel on Thursday, as investors brushed aside bearish U.

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The photo above shows one of the world’s largest jack-up drilling rigs being loaded on a heavy lift vessel in Singapore.

Statoil is preparing to drill two UKCS wells in the Spring .

Libya has declared force majeure on 11 of its oilfields due to the deteriorating security situation after several oil installations and ports were targeted by attacks, the state-run National Oil Corporation said in a statement on its website on Wednesday.

The Australian Competition and Consumer Commission has announced that it will not oppose Woodside’s proposed acquisition of Apache Corporation’s interests in the Wheatstone, Balnaves and Kitimat Projects.

McDermott International, Inc.

Circle Oil Plc (AIM: COP), the Middle East and North Africa focused oil and gas exploration, development and production company, provides the following information on the Company's activities in Oman.

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Delegates at the Technology Showcase in Aberdeen today (4 March) heard about millions of pounds of funding that is available for new innovations through two funds.