Kosmos Energy's Shares Admitted To Trading On London Stock Exchange

Andrew G. Inglis, chairman and CEO of Kosmos Energy, said this secondary listing on the London Stock Exchang eis the next step in the Dallas-based company’s evolution.

Aug 21 2017 - 8:05am

Total Boosts North Sea Business With $7.5 Billion Maersk Oil Acquisition

Total has been betting on new rather than mature fields in the North Sea and the acquisition of Maersk Oil gives it further economies of scale.

Aug 21 2017 - 7:35am

Amec Foster's Proposed Asset Sale May Help Wood Group Deal Approval

Amec Foster Wheeler PLC's proposal to sell almost all of its upstream offshore oil and gas servicing assets may be adequate for regulatory approval of its merger with John Wood Group PLC, the U.K.’s Competition and Markets Authority said.

Aug 15 2017 - 8:58am

Transocean To Buy Norwegian Rig Firm Songa Offshore For $1.1 Billion

The deal, which would be mostly paid for in shares and convertible bonds, would strengthen Transocean's position in offshore drilling as Songa is Statoil's largest drilling service provider.

Aug 15 2017 - 7:25am

UK Gas Reduced Supply And Lower Temperature Forecast Lifts Prices

British wholesale gas prices rose on Aug. 7 as reduced Norwegian flows and expectations of lower temperatures created an undersupplied system, traders said.

Aug 7 2017 - 1:42pm

Wood Group Takeover Of Amec Could Cripple Competition

Britain’s market regulator said on Aug. 2 a takeover of Amec Foster Wheeler by oilfield services firm Wood Group could hurt competition.

Aug 2 2017 - 3:28pm

BP Sees Oil Prices Holding Within $45-$55 A Barrel Range In 2018

Brent crude oil prices were expected to remain broadly unchanged in 2018 as U.S. shale production is able to expand at these levels, effectively capping prices.

Aug 1 2017 - 8:05am

BP Considering IPO Of US Midwest, Gulf Coast Pipeline Assets

BP is considering an IPO of its vast U.S. Midwest and Gulf Coast pipeline assets, the company said July 18, a move that would raise cash.

Jul 19 2017 - 8:30am

Centrica, Bayerngas Agree To Merge North Sea Oil Businesses

Centrica agreed with Bayerngas Norge to merge the companies' North Sea assets, creating the region's largest non-major oil and gas producer and allowing Centrica access to younger fields.

Jul 17 2017 - 8:25am

Shell To Exit Upstream Ireland Business With $1.23 Billion Sale

Shellsaid it would sell its 45% stake in the Corrib gas venture to a unit of Canada Pension Plan Investment Board for up to $1.23 billion, marking the oil company's exit from the upstream business in Ireland.

Jul 12 2017 - 8:00am