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North Sea Crash: Alternatives to Super Pumas Sought 27 Aug 2013 | 05:00 am

Oil & Gas UK convenes meeting of operators and contractors to find ways to minimize effect of the suspension of Super Puma flights.

Iraq Sweetens New Oil Project Terms, Blames Shell for Delay 27 Aug 2013 | 05:00 am

Iraq offers investors more lucrative terms to tap a large oilfield and build a refinery after blaming Shell for under-producing billions of dollars of crude.

Brazil’s OGX to Review E&P Plans, Gives Up New Block Buys 27 Aug 2013 | 05:00 am

OGX abandons plans for the purchase of a number of oil exploration licenses, as the company reassesses its exploration and production program.

UAE-France JV Win $1.6B Oil Field Project in Abu Dhabi 27 Aug 2013 | 05:00 am

A consortium of NPCC and Technip win a $1.6 billion contract to develop an offshore oil field in Abu Dhabi, the CEO of NPCC says.

The 2013 Atlantic Hurricane Season: Act II 27 Aug 2013 | 05:00 am

Revised forecasts continue to call for a busy hurricane season in the Gulf of Mexico.

Oil Climbs Above $109 A Barrel on Syrian Crisis 27 Aug 2013 | 05:00 am

The price of oil closes above $109 a barrel, its highest level in a year and a half, as US edges closer to intervening in Syria's civil war.

Greenpeace Protests Arctic Drilling Offshore Russia 26 Aug 2013 | 05:00 am

Despite being denied entry, Greenpeace enters the Kara Sea offshore Russia to protest ExxonMobil and Rosneft's Arctic drilling plans.

South Sudan Passes Oil Bill, Waits President’s Approval 26 Aug 2013 | 05:00 am

South Sudan's parliament passes a long-awaited petroleum bill after years of consultation and waits for final approval by President Salva Kiir, a senior lawmaker says.

Oil Edges Below $106 A Barrel 26 Aug 2013 | 05:00 am

The price of oil dips below $106 a barrel as traders weigh disappointing US orders for durable goods and the potential for international intervention in Syria.

Tropical Depression Fernand Kills 13 As Weakens over Mexico 26 Aug 2013 | 05:00 am

Thirteen people were killed when torrential rains triggered deadly landslides as a weakening tropical depression Fernand moved northwest and away from Mexico's major oil installations.

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