FMC Technologies, Inc. has received an award from Shell Offshore, Inc. (Shell) for its Appomattox deepwater development in the Gulf of Mexico.
Yokogawa Electric Corporation announces the establishment of Yokogawa Analytical Solutions in Malaysia.
Baker Hughes Incorporated announced that the international rig count for October 2014 was 1,308, down 15 from the 1,323 counted in September 2014, and down 7 from the 1,315 counted in October 2013.
President Vladimir Putin and Chinese leader Xi Jinping have signed a memorandum of understanding on the so-called “western” gas supplies route to China. The agreement paves the way for a contract that would make China the biggest consumer of Russian gas.
Poland, Hungary, and Slovakia have together re-exported 1.7 billion cubic meters of Russian gas to Ukraine, Gazprom, Russia’s biggest gas exporter said Friday, Oct 3 questioning the legality of the practice, RT reported.
Authorities in Spain's Canary Islands on Thursday called a popular vote on a controversial plan to drill for oil and gas off the major tourist destination.
The European Union has agreed to introduce new sanctions against Russia targeting oil and defence firms, but could lift them if a Ukraine ceasefire holds, EU head Herman Van Rompuy said. Under the latest round, the EU said three major Russian oil companies and three top defence companies would be barred from seeking debt financing from Europe.
The United States and European Union plan to stop billions of dollars in oil exploration in Russia by the world's largest energy companies including Exxon Mobil Corp and BP Plc, U.S. government sources said.
BP’s chief executive Bob Dudley has supported Sir Ian Wood’s call for realism in the Scottish Independence debate. BP’s top boss went as far as saying Scotland was best “maintaining the existing capacity and integrity of the United Kingdom”.
Germany's economy ministry will approve the sale of utility RWE's oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis, two people familiar with the matter told Reuters.