ADNOC to increase oil production to 4 mmbpd by 2020-end

Abu Dhabi’s Supreme Petroleum Council has approved ADNOC's new integrated gas strategy and plans to increase its ...

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Halliburton to mark 100th anniversary

Halliburton will kick off its 100th-anniversary celebration by ringing the Opening Bell at the New York Stock ...

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Chevron sees double in 3Q earnings

Chevron's Captain field

U.S. oil major Chevron has doubled its third quarter earnings on the back of higher crude oil prices. 

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ExxonMobil boosts third quarter earnings

Oil major ExxonMobil boosted its third quarter earnings by 57 percent as crude and natural gas prices strengthened ...

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Vantage Drilling cuts losses as rig utilization improves

Vantage Drilling

Offshore driller Vantage Drilling has reduced its quarterly net loss on the back of higher revenues as its rig ...

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Odfjell Drilling to extend bank facility

Offshore driller Odfjell Drilling has accepted a firm offer to extend the bank facility of Odfjell Drilling ...

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Petrobras settles $1 billion debt, secures new financing

Petrobras has prepaid a debt with Banco Santander in the amount of $1 billion, due in 2023.

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Archer boasts 'best quarterly operating result in 3 years'

Oil services company Archer returned to profit and saw a slight increase in revenues during the third quarter  of ...

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Eidesvik fills vacant CFO position

Offshore support and construction ships owner Eidesvik has filled the recently vacated chief financial officer ...

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New president elected at Wild Well Control

Wild Well Control, a well control and engineering services company, has named a new president of the company.

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Noble Energy breaks gas sales record in Israel

U.S. oil and gas company Noble Energy has said achieved its quarterly record in gas sales in Israel during the ...

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Shell in one of 'strongest ever' quarters

Oil giant Shell posted a jump in earnings on the current cost of supply basis, boosted by higher oil and gas ...

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Noble eyes increase in offshore drilling activity

Noble Sam Turner jack-up

Similar to its rival Rowan, offshore driller Noble Corporation is seeing an increase in offshore drilling activity ...

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Anadarko awaiting nod to award Mozambique offshore deals

Anadarko, as operator of Mozambique’s offshore Area 1, is waiting for approval from the Government of Mozambique ...

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Hess returns to profit

Baldpate in the Gulf of Mexico

Hess Corporation has returned to profit in the third quarter of 2018 compared to the prior-year quarter helped by ...

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Repsol records higher profit in 3Q

Spanish oil company Repsol recorded an increase in its profit for the third quarter of 2018 driven by improvement ...

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McDermott to reduce debt by divesting two businesses

McDermott International has reviewed its portfolio as part of the integration process resulting from its ...

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ConocoPhillips executive VP to retire after 35-year career

The executive vice president of oil and gas major ConocoPhillips has decided to retire after more than 35 years of ...

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Baker Hughes posts profit driven by increase in revenues

Baker Hughes, a GE company, recorded a profit during the third quarter of 2018 driven by a 7% increase in revenues.

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BP books 'highest quarterly result in more than five years'

UK oil major BP saw its profit more than double during the third quarter of 2018.

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Faroe increases credit facility to underpin growth plans

Faroe Petroleum has increased and extended the duration of its Reserve Based Lending bank credit facility to ...

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Lekoil goes to court over regulatory approval delay

Nigeria-focused oil company Lekoil has informed that a court hearing will be held next month regarding its 2015 ...

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Higher oil prices boost Total's 3Q profit

French oil major Total posted a 45 percent increase in the third quarter 2018 profit, boosted by higher production ...

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Serica resumes Erskine flows

Serica Energy has managed to resolve issues with the Erskine to Lomond production line in the North Sea, and ...

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ConocoPhillips earnings jump on higher prices, sales volumes

ConocoPhillips-operated Britannia field in the North Sea.

U.S. oil major ConocoPhillips has boosted its third quarter earnings on higher oil and gas prices and higher sales ...

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TechnipFMC posts higher profit despite lower revenues

The Deep Energy vessel

Oilfield services provider TechnipFMC has recorded an increase in its third quarter profit despite lower revenues.

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Higher oil prices lift Equinor's 3Q profit

Norwegian oil company Equinor has returned to profit in the third quarter of 2018, posting a net income of $1,6 ...

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