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Capstone to Deliver First C600S Three-Bay Package Microturbine

Capstone Turbine Corporation (Capstone) has┬ásecured an order for a C600 Signature Series microturbine to power a Horizon Power Systems (Horizon) natural gas compression station in southern Wyoming. This is the first order for a three-bay package C600S microturbine, which has a smaller footprint and is lighter than the previous five-bay package. The dual-mode C600S microturbine […]
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Scotland Urged to Open Up on Mental Health Following Oil Price Crash

VSA and SAMH have teamed up to launch the 'Open Up' campaign, encouraging everyone in the north-east to open up about mental health following the effects of the oil price crash.
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Libya Ports Prepare to Ship Oil as Workers Return After Clashes

Libya's major oil ports of Es Sider and Ras Lanuf are resuming operations and preparing to export crude after a two-week halt in shipments.
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Under-$50 WTI Oil Price Will Be 'Short Lived'

The WTI oil price of under $50 per barrel won't last for long, according to oil and gas analysts at GMP FirstEnergy.
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TransCanada Seeks Pipe Approval Linked To Petronas LNG Terminal

Transcanada has secured shippers' commitment for a pipeline associated with Petronas' pending Pacific NorthWest liquefied natural gas terminal in western Canada
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Oil Drops as US Drilling Growth Threatens to Counter OPEC Cuts

Oil fell as a Libyan port is set to resume shipments and the US drilling revival undermines the potential for OPEC output curbs to rebalance the market.
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Algerian State Energy Firm Sonatrach Replaces CEO

Sonatrach has replaced Chief Executive Amine Mazouzi after less than two years on the job.
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Borr Drilling Signs Deal With Transocean to Buy 15 Rigs

Borr Drilling Limited signs a deal with Transocean for the acquisition of 15 high-specification jack-up rigs.
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Regulator Responding To Husky Oil Spill In Canada's Alberta

The Alberta Energy Regulator is responding to a crude oil spill by Husky Energy in Canada's oil-rich Alberta province.
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Ezra's Bankruptcy Move Adds To Singapore's Sorry Offshore Marine Story

Ezra Holdings Ltd's decision to file for U.S. bankruptcy protection gave investors another cause for concern as its downfall added to troubles in Singapore's offshore marine sector.
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Newcomer Borr Scoops Up Transocean Rigs For $1.4B As Dealmaking Heats Up

Borr Drilling, founded by former executives of financially troubled Seadrill, has snapped up Transocean's fleet of shallow-water drilling rigs for $1.35 billion.
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China Rescues 13 From Burning Oil Tanker In East China Sea

Chinese authorities rescue 13 people from oil tanker Xinglongzhou 569 that caught fire after a suspected explosion around 5pm on Sunday in the East China Sea.
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Armed With $11 Billion, Thai Oil Giants Hunt for Investments

The Asian energy companies sitting on the largest hoard of cash outside China are ready to put it to use.
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SDX Starts Drilling Operations at SD-1X Well

SDX Energy Inc. commences drilling operations on the SD-1X well at its South Disouq concession in Nile Delta area of Egypt.
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Indonesia Plans To Sue Thailand's PTTEP Over 2009 Oil Spill

Indonesia is preparing to sue a unit of Thailand's PTT Exploration and Production (PTTEP) over alleged environmental damage from the Montara oil spill in 2009.
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Cambodia To Revise Oil Contract, Paving Way For First Oil

Cambodia will sign a revised production sharing contract this month with Singapore-listed explorer KrisEnergy to develop an offshore field that could finally produce the country's first oil.
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Italy Gives Final Approval To Intesa Funding Of Russian Oil Deal

Italy has given its final blessing to a 5.2 billion euro loan made in January by bank Intesa SanPaolo to finance the privatisation of a stake in Russia's biggest oil company.
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MSP: Scotland Will Suffer If Supporting Action Is Not Taken Now

If action is not taken now by Westminster to support the North Sea oil and gas industry, the whole of Scotland will suffer, Gillian Martin, MSP for Aberdeenshire East says.
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Kemp: OPEC Cuts Make Global Crude Supply Lighter And Sweeter

OPEC's production cuts have changed the quality of the global oil supply, shaking up the relationship between important crude benchmarks.
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Unite Expresses Concern Over Possible Forties Pipeline System Sale

UK union Unite expresses concern over the possible sale of the Forties Pipeline System from BP plc to Ineos.
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