Mitsubishi Heavy Industries, Ltd.

Karoon Gas Australia Ltd has announced the beginning of the high impact Levitt-1 exploration well in WA-482-P Carnarvon Basin, offshore Western Australia.

Inchcape Shipping Services (ISS), the a marine, cargo and supply chain solutions provider and Technip, an international oilfield services provider have signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East.

If successful, bank accounts and property belonging to the Russian government in America could be seizedRussian government property in the United States could be seized after former shareholders of the Yukos oil company sought recognition of a multi-billion dollar compensation award in US courts.

An interesting report by Jeremy Warner, raises some valid points about BP's treatment by AmericaFrom the moment the Deepwater Horizon oil rig suffered a blowout, spilling millions of barrels of the black stuff into the Gulf of Mexico, America’s treatment of BP, driven by a vindictive and essentially anti-British Obama administration, has been a total disgrace.

From atop Houston’s skyscrapers you can see evidence of the good times just gone.

Hundreds have rallied in Tel Aviv to protest over a proposed gas deal with the United States pushed by the government, which critics say may create a monopoly that will control two of Israel’s largest natural gas reserves.

Norway’s Standlifter has developed a decommissioning jackup concept.

The Basque Parliament has approved a new law which critics believe makes fracking more complicated in the region.

Xodus Group has been awarded a contract for the vibration assessment and analysis on the oil train piping and structures for Zakum Development Company (ZADCO) at Zirku Island, 140km north-west of Abu Dhabi.