Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to drill exploration well 6706/12-2, in the Norwegian Sea.

Wood Mackenzie, an energy intelligence group, has issued a list assessing the challenges facing the Majors, Independents and National Oil Companies (NOCs) in 2015, identifying five themes to look out for which will shape the oil & gas corporate landscape:1.

Australia’s oil and gas company Santos has announced company records for sales revenue in both the quarter ($1.

Global oil majors say they are demanding cheaper but better services from engineering and service companies, or simply taking work back in-house, after losing hundreds of billions on cost overruns in the last five years.

IndustriALL Global Union yesterday in Davos, Switzerland, signed a landmark agreement with Total, the French oil and gas giant, guaranteeing employee rights across the company’s international operations.

Wintershall Norge AS has started drilling of exploration well 6406/2-8 in the Imsa prospect, in the Norwegian Sea.

Bordelon Marine’s DP2 offshore supply vessel (OSV) Connor Bordelon has reportedly allided with a natural gas platform, located south of Port Fourchon jetties.

One worthy side-effect of the plunge in crude oil prices is that several Asian governments have ended costly fuel subsidies, but it's time to go further and impose higher taxes.

The President of the Russian Federation, Vladimir Putin, has awarded Rosneft officials for their “contribution to the development of the energy sector and long and responsible service”.

Marine Platforms, an oil and gas subsea support services firm, located in Nigeria and Aberdeen, has taken delivery of a new subsea support vessel, the African Inspiration, from Norwegian shipbuilder Havyard.