Australia’s Origin Energy, operator of the BassGas joint Venture in permit T/L1 offshore Australia, has confirmed that the the Yolla-5 development well has reached a Total Depth of 3,384m Measured Depth below Rotary Table (MDRT).

Buyers trying to load record fuel oil volumes traded last month in Singapore are congesting the port's oil terminals, while land tanks are nearly full and tens of millions of barrels of marine fuel are being held in ships, traders and shipbrokers said.

Argentina and China are leading the way in developing commercial volumes of shale gas outside North America.

BP’s $18.

Obama administration says animal protection laws prevent Shell from drilling with two rigs simultaneously at a close rangeThe Obama administration has dealt a setback to Royal Dutch Shell's Arctic oil exploration plans, saying established walrus and polar bear protections prevent the company from drilling with two rigs simultaneously at a close range, as it had planned.

The oil-sales pact agreed in December is crumbling, undermining the fight against Islamic StateAn oil-sales deal between Iraq and the semiautonomous Kurdistan Regional Government is close to collapse about six months after it was signed, undermining the country’s unity as it struggles to fight Islamic State and contain an escalating financial crisis.

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The oil and gas industry is the most lucrative sector for junior engineers, according to the results of The Engineer’s 2015 salary survey.

After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Gullfaks C platform in the North Sea.

An industry forum that addresses challenges in subsea integrity management is being extended for a further three years with backing from global oil and gas operators.