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Wood Group has scheduled a meeting later this month to ask shareholders to temporarily suspend the company’s borrowing limit as the embattled company attempts to keep alive its takeover by Sidara.

Austria's energy group OMV has adjusted its near-term strategy in line with the global industry's changing priorities. The ...

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Supermajor Shell expects higher margins across some of its key business segments and an increase in liquefied natural gas ...

Market experts give verdict on progress towards 2021's goal as oil giant prepares to cut investment and 'clean the pipeline' ...

Swedish energy developer Vattenfall stared disaster in the face over the weekend when an oil tanker was dramatically diverted ...

Another reason behind the revised offer was the increase in estimated cost synergies following the merger of the two drilling ...

Norway’s Vaar Energi has boosted oil and gas production and recoverable volumes from its Gjoa field offshore Norway, ...

ExxonMobil is working hard on plans to import liquefied natural gas into South Africa, probably via the port of Richards Bay.

The tepid response contrasts with the prior bid round, which closed on 30 April, that saw Pakistan’s state-owned Oil and Gas ...

Operator Vermilion Oil & Gas has identified seven offshore exploration prospects for potential drilling near its mature ...