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      California approves legislation to protect new offshore oil development near Tranquillon Ridge

      The Californian Senate has passed a new law to ban new offshore oil drilling in a nearby marine protected area in the Santa Barbara...

      International Western Petroleum acquires interest in two oil assets in Texas, US

      US based International Western Petroleum (IWP) has completed acquisition of working interests in two multi-well production assets in the Bend Arch region of Texas...

      GE wins order to deliver turbomachinery for TANAP pipeline project

      US based General Electric's oil and gas unit has secured contract to supply advanced turbomachinery for the first phase of the Trans-Anatolian Natural Gas...

      LNG Croatia invites bids for LNG terminal construction on Krk island

      LNG Croatia, a joint venture formed by energy utility HEP and gas transmission system operator Plinacro, has invited bidders for developing a liquefied natural...

      Fracking for shale gas can be safe if strictly monitored, claims UK report

      A report published by an independent body funded by oil and gas industry, Task Force on Shale Gas, has claimed that fracking can be...

      ITC Global to provide satellite communication services to Maersk’s offshore drilling rigs

      ITC Global has secured a contract to provide very small aperture terminal (VSAT) connectivity across more than half of Denmark-based Maersk Drilling's global fleet...

      Statoil acquires First Oil’s s equity for Alfa Sentral gas field in North Sea

      Statoil acquired First Oil's 24% share in the UK licence for the Alfa Sentral gas and condensate field in the central North Sea, in...

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