Sterling Resources, a Canadian-listed international oil and gas company headquartered in Calgary, Alberta has said it will reduce its exploration activity.

Investment continued to boom in the UK in 2014 with US$19 billion (£12 billion) of capital expenditure pumped into the sector – keeping the UK in the top 10 countries for upstream spend globally.

Lamprell, a builder of offshore drilling rigs, with construction facilities in the U.

Tap Oil Limited today provided an update on the Manora project in the Gulf of Thailand, which started production in November 2014 with two wells, MNA- 01 and MNA-02, initially flowing at a combined rate of 2,200 barrels per day (gross).

A diesel leak on a North Sea oil vessel risked causing an explosion, according to the UK's health and safety watchdog.

Norway’s Statoil has informed that although it was initially scheduled to be shut down during 2014, the ambition is now to extend the life of the Norne field, located in the Norwegian Sea, to 2030.

Predicting oil price movements is as risky as exploring for oil itself.

The Norwegian Petroleum Directorate (NPD) has processed the Plan for Development and Operation (PDO) for the 34/10-53 S (Rutil) discovery in the Gullfaks Rimfaksdalen area in the North Sea.

Centrica Energy, a UK-based integrated energy company, is today celebrating 30 years of gas production from the Morecambe Bay, off England.

Claxton, an Acteon company, has marked a milestone by installing more than 5000 conductor guide centralizers.