Iran announces 53 billion barrel oil find

The find would boost the country’s existing reserves of 150 billion barrel by a third

BP chief Bob Dudley to step down next year

He helped steer the oil giant back following the 2010 Deepwater Horizon which brought the company close to collapse

EU gives green light for oil and gas joint venture

It will be active in the exploration and development of oil and natural gas projects only in the US

Oil and gas exploration
ExxonMobil signs deal to explore 28,000 sq km in offshore Namibia

The territory extends from the shoreline to around 215 kilometres offshore, with depths of up to 4,000 metres at points

OGA launches UK’s first national oil and gas data repository

It is expected to help unlock new investment and technology and more exploration activity

Norway’s $1tn fund to cut oil and gas investments

The government intends to make the fund less vulnerable to a permanent drop in oil prices

BP and partners agree to resume exploration in Libya next year

Work under the contract has been suspended since 2014

Equinor to drill up to 3,000 wells in offshore Norway before 2040

This figure totals almost as many wells as it has drilled since the company was established in 1972

London-listed firm applies for leases to drill for… CO2?

The carbon dioxide will primarily be used by the oil and gas industry to extract underground oil deposits from depleted wells

Greenpeace protesters abseil into Total’s AGM

They were protesting the energy giant’s plans to drill in the mouth of the Amazon and French Guiana