United States

British energy supplier Centrica has reached an agreement with Houston-based Marathon Oil to acquire its natural gas assets in the Heimdal area of the Norwegian North Sea.

Australian natural resources conglomerate BHP Billiton and its partners have started production at the US$1.16bn Neptune facility in the Gulf of Mexico (GoM).

Venezuela has agreed to pay US$56mn in compensation to Italian major Eni, China Petroleum & Chemical Corporation (Sinopec) and Ine Paria, a subsidiary of Caracas-based engineering... 2008-07-04

Broadwater Energy has received a letter of recommendation from the US Coast of Long Island Sound supporting its assessment that the Long Island Sound waterway can be made suitable... 2008-06-27

US independent Occidental Petroleum announced on June 9 2008 that it has agreed to pay CAD500mn to acquire a 15% stake in the Total-operated Joslyn oil sands project in Alberta... 2008-06-24

Anglo-Dutch major Royal Dutch Shell has announced that it is delaying its drilling plans on the Sivulliq prospect in the Beaufort Sea off northern Alaska by another year, because... 2008-06-23

Texas-based ExxonMobil will challenge an attempt by Alaskan legislators to revoke its leases at the Point Thomson oil field. Alaska has accused ExxonMobil of violating the terms... 2008-06-20

The Thunder Horse platform, a flagship project run by BP and ExxonMobil in the US Gulf of Mexico (GoM), has finally started production, three years later than planned.

US major ExxonMobil, the world's largest publicly traded oil company, has announced its plans to sell all of its remaining US service stations. ExxonMobil blamed the high price of... 2008-06-13

Canadian energy group Talisman Energy has said that its wholly owned limited partnership FEI Shale (Fortuna) has signed farm-in agreements with Hallwood Energy.