• BP cuts capital spending in response to Covid-19 disruption

  BP has announced plans to cut capital spending by 25% to $12bn this year in...
  Read More...

• TechnipFMC to cut capital expenditure by 30% amid Covid-19 crisis

  Oil services firm TechnipFMC has announced that it will cut its planned capital expenditures (capex)...
  Read More...

• YGC launches enterprise software venture for oil and gas industry

  US firm YGC has launched a new venture, Hupbeat, to maximise workforce flexibility in the...
  Read More...

• Keystone XL pipeline to move forward with Alberta funding

  TC Energy is set to proceed with the construction of the $8bn Keystone XL pipeline...
  Read More...

• EOG launches cost-cutting programme in response to Covid-19

  Europa Oil & Gas Holdings (EOG) has announced plans to cut costs in the wake...
  Read More...

• Energy Transfer proceeds with Lake Charles LNG project as Shell exits

  Energy Transfer will take over project development of the proposed Lake Charles liquefied natural gas...
  Read More...

• Rosneft sells Venezuelan assets to Russian company

  Oil producer Rosneft is set to terminate its operations in Venezuela and sell the assets...
  Read More...

• Whitebark Energy calls off Wizard Lake oilfield acquisition deal

  Whitebark Energy’s wholly-owned subsidiary Salt Bush Energy (SBE) has terminated the definitive agreement to acquire...
  Read More...

• Baker Tilly to acquire Oil and Gas Business Solutions

  Advisory, tax and assurance firm Baker Tilly has reached an agreement to acquire Dallas-based Oil...
  Read More...

• Conex agrees to buy Total’s Liberia and Sierra Leone businesses

  Conex Oil and Gas Holdings Limited (Conex) has signed an agreement with Total to acquire...
  Read More...