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Oil and gas industry crisis warning
2015-02-24 02:41:48| Oil & Gas - Topix.net
A new report has found "striking evidence" of how rising costs, taxes and "inadequate regulation" have taken their toll on the UK oil and gas industry's international competitiveness. Urgent action to secure new investment and address the "collapse" in exploration is needed if the UK is to make the most of its significant untapped resources, according to industry body Oil & Gas UK.
Tags: industry
gas
oil
warning
Oil and gas industry in 'bleak' 2014
2015-02-24 01:01:06| BBC News | Business | UK Edition
The UK offshore oil and gas industry saw its worst performance for four decades last year, according to a survey by Oil & Gas UK.
Europa Oil & Gas starts drilling at Kiln Lane-1 exploration well in UK
2015-02-24 01:00:00| Hydrocarbons Technology
Europa Oil & Gas has started drilling at the Kiln Lane-1 exploration well in northeast Lincolnshire, the UK.
Oil, gas companies cut spending in Weld County's drilling fields
2015-02-22 10:20:41| Oil & Gas - Topix.net
Companies outlaying their 2015 spending programs on drilling and exploration show steep declines over last year. Spending in Weld County has been slowing down , while companies cut costs and redirect cash, in some cases, to offshore drilling programs.
Tags: companies
cut
fields
gas
Number of Oil and Gas Rigs Hitting Lowest Point
2015-02-21 21:51:57| Oil & Gas - Topix.net
Cause for pessimism persists in Wyoming's oil industry, which had been booming until oil prices began to fall toward the end of last year. The number of drilling rigs exploring for oil and gas in Wyoming reached its lowest point in almost five years this week.
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