Norway has overtaken Russia in terms of European gas supply, having delivered more gas to Western Europe in the first quarter of 2015, according to data from gas operators.

The pilots of an offshore helicopter forced to ditch in the North sea have begun court proceedings against the aircraft's manufacturer.

Futures prices indicate the physical market is easily absorbing the large volume of crude being supplied and global rebalancing is well underway.

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 6706/11-2, in the Norwegian Sea.

Government prosecutors are investigating the company at the center of the California oil spill for possible criminal sanctions, according to the district attorney of Santa Barbara - a city that helped spawn the modern environmental movement.

Siem Offshore has chosen DNV GL’s Synergi Project software to manage its nine newbuilding projects.

The Texas Petroleum Investment Co.

Iraq's oil exports have held above 3 million barrels per day (bpd) so far in May, according to loading data and an industry source, keeping shipments from OPEC's second-largest producer close to a record high.

Petronas has reached a milestone in its upstream operations in Indonesia with the first oil achieved from the Bukit Tua field, offshore East Java, on May 17, 2015.

MEO Australia Limited (MEO) has accepted offers from the National Offshore Petroleum Titles Administrator (NOTPA) to renew the AC/P50 and AC/P51 exploration permits, offshore W.