UK's oil and gas activity draws record revenue in 2012

Russia plans to switch to a variable tax rate on natural gas producers to lessen the burden on companies willing to develop deep and remote fields and to claw back money from exporters who enjoy benefits. The Finance Ministry, which is trying to ...

Otto Energy www.ottoenergy.com Otto Energy (ASX: OEL) is a Western Australian based an oil and gas company with a focus on both onshore and offshore in the Philippines. Otto Energy (ASX: OEL) expects to spud the first of two Galoc Phase II in June ...

Iran has awarded the development of an offshore oil field that stateowned Oil and Natural Gas Corp (ONGC) had abandoned as commercially unviable, to a domestic company.ONGC Videsh Ltd and...

The company had filed revised field development plans for the Dhirubhai-1 and 3 (D1&D3) gas fields as well as D-26 MA oil and gas field.

InterOil Corp. (IOC), the Australian energy company with licenses to explore about 3.9 million acres, said it entered exclusive talks with Exxon Mobil Corp. to develop natural gas fields in Papua New Guinea. Included in the talks is the potential ...

Carrizo Oil & Gas, Inc., which is engaged in the exploration, development, and production of oil and gas, has reported a net income of $26.18 million, or $0.65 per diluted share, for the first quarter ended March 31, 2013, compared to $9.42 million, ...

TBILISI, Georgia -- According to the plan developed by the gas distribution and energy companies, some 86,000 families in Georgia will be provided with gas by the end of 2014, Georgia's Minister of Energy Kakha Kaladze said at a press conference.

Consolidated Edison Development (ConEdison Development) and Sempra US Gas & Power have agreed to partner in two of the latter's solar power facilities with a total capacity of around 300MW. As per the agreed terms, both the companies will each own a ...

-- Drilling to develop the Kettleman Middle Dome to commence within 30 days MINERAL WELLS, TEXAS--(Marketwired - May 21, 2013) - Rango Energy Inc. (), an oil and gas exploration and development company, is very pleased to announce that it has ...