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Oil & Gas Companies News

Shell, Eni Win Dismissal of $1B Nigeria Bribery Lawsuit
Nigeria >> 5/22/2020 - Shell Plc and Eni SpA won dismissal of a $1 billion U.K. lawsuit brought against them over allegations they knew about bribes in a Nigerian oil deal. The ruling is a victory for the oil companies, whi...
More Than a Name Change: Oxea is now OQ Chemicals
Oman >> 5/19/2020 - The global chemical company Oxea has officially changed its corporate name to OQ Chemicals as a token of its final integration into the newly formed energy company OQ. Complementing the name change ...
Call for Three Stage Framework to Help head off Thousands of Job Losses in Oil and Gas Industry
United Kingdom >> 4/28/2020 - The leading representative body for the UK’s offshore oil and gas industry has warned that up to 30,000 jobs could be lost in the sector as it called for the transition to net zero to be put at the he...
Intention to delist from TSX-V & Debt Reduction
Canada >> 4/22/2020 - Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, announces its intention to delist from the TSX Venture Exchange (“TSX-V...
Empyrean Energy to Raise up to GBP 2.01m through an Open Offer
Australia >> 4/22/2020 - Empyrean Energy plc proposes to raise up to £2.01 million (before expenses) through an Open Offer pursuant to which Qualifying Shareholders will have an opportunity to subscribe for an aggregate of 57...
Valaris Receives Continued Listing Standard Notice from NYSE
United States >> 4/21/2020 - Valaris plc announced today that on April 15, 2020 the Company was notified by the New York Stock Exchange (“NYSE”) of its noncompliance with continued listing standards because the average closing pr...
Change of name to Savannah Energy PLC
Nigeria >> 4/17/2020 - Savannah Petroleum PLC, the British independent energy company focused around activities in Nigeria and Niger, announces that it is changing its name to Savannah Energy PLC. The change of name reflec...
Essar Files Legal Claim against ShoreCan
Nigeria >> 4/3/2020 - Essar Exploration & Production Limited Mauritius, has filed a claim in the High Court of Justice, Business and Property Courts of England & Wales in respect of SHORELINE CANOVERSEAS PETROLEUM DEVELOPM...
Arbitration Update
Senegal >> 3/30/2020 - FAR Limited advises that, in respect of the ICC arbitration in the International Court of Arbitration between FAR and Woodside Energy Senegal BV, the parties have agreed to a settlement of the dispute...
TechnipFMC Holds to Separate into TechnipFMC and Technip Energies
United Kingdom >> 3/15/2020 - TechnipFMC has put on hold plans to separate the Company into TechnipFMC and Technip Energies. ...
Jadestne Announces Update on Voluntary De-listing from the TSXV
Australia >> 3/12/2020 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, provides an update on its planned voluntary de-listing of its common shares from trading on the...
Jadestone Energy Responds to Oil Price Volatility
Malaysia >> 3/10/2020 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, notes the recent fall in global oil prices, with the front end (May 2020) of the Brent oil pric...
Equinor and Shell Collaborate on Digital Solutions
Norway >> 3/5/2020 - The companies have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial ...
Advance Energy Completes Strategic Review
United Kingdom >> 3/4/2020 - Advance Energy plc (formerly known as Andalas Energy & Power plc is pleased to present a new strategy for the Company based on growth through acquisition or farm-in to non-operated interests in upstre...
Notice of Intention to Delist from London Stock Exchange
United States >> 2/27/2020 - Schlumberger Limited’s Board of Directors in January 2020 approved the cancellation of the listing of the Company’s common stock (the “Shares”) on the standard segment of the Official List of the Lond...
Inclusion in TSX Venture 50 for Third Consecutive Year
Canada >> 2/21/2020 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is delighted to announce it has been recognized as a 2020 TS...
PEMEX Decided not to Award Additional Work to EMGS
Mexico >> 2/20/2020 - Electromagnetic Geoservices ASA has been advised by the customer that the Company will not, in the near to medium future, receive additional acquisition work under the two-year acquisition contract an...
Arbitral Tribunal rejects Far Limited's Pre-emption Claims
Senegal >> 2/14/2020 - Woodside has received a decision from the International Court of Arbitration of the International Chamber of Commerce in the arbitration initiated by FAR Limited against Woodside Energy (Senegal) B.V,...
PetroNor Provides Corporate Update
Norway >> 2/10/2020 - PetroNor E&P Limited, the independent oil and gas exploration and production company with a focus on production, development and exploration assets across sub-Saharan Africa, announces that the Compan...
New On-Demand Fuel Delivery Company to Launch in Egypt Soon
New On-Demand Fuel Delivery Company to Launch in Egypt Soon Egypt >> 2/9/2020 - Dubai-based on-demand fuel delivery company Cafu is planning to expand its business into Egypt soon, the company said on LinkedIn, without providing further details about a launch date. ...

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