The ScotsmanAberdeen entrepreneur swoops on oil consultancyThe ScotsmanAn Aberdeen-based energy industry entrepreneur has snapped up a specialist oil and gas consultancy south of the Border as it targets double-digit growth. Mark Cavanagh, managing directo …

Deutsche WelleFive things to understand about oil-rich, cash-poor VenezuelaDeutsche WelleHowever, Chavez' time in office from 1998 to 2013 also launched two developments that lie at the root of Venezuela's current economic crisis: the expropriation …

UPI.comMore staff reductions for Maersk OilUPI.com9 (UPI) -- Danish energy company Maersk Oil said it was cutting staff from one of its offices as part of the broader reorganization started last year. Danish group A.P Moeller-Maersk split in two in Septemb …

UPI.comMore oil possible from NigeriaUPI.com30 (UPI) -- A minority player in OPEC-member Nigeria said it was able to stimulate crude oil production at one of its operating areas by about 15 percent. Africa-focused San Leon Energy, which lists its headquart …

UPI.comProspects for Irish explorer Circle Oil dwindleUPI.comWhen oil prices were holding above $100 per barrel more than two years ago, the company said it was "very pleased" with its prospects in Morocco in particular. Elsewhere in the region, …

UPI.comStatoil boasts of endurance at legacy oil assetsUPI.com20 (UPI) -- An oil field on the Norwegian continental shelf reached its 1 billionth barrel and has at least eight years left for production, energy company Statoil said. Statoil canceled a contr …

UPI.comGas prices moving higher alongside oil pricesUPI.com20 (UPI) -- U.S. gasoline prices continue to rise along with crude oil, though some refinery issues and supply levels could create some fluidity, a retail market report finds. Motor club AAA report …

UPI.comCuban oil program acceleratingUPI.com6 (UPI) -- A Cuban-focused oil company said it was taking a closer look at the business climate there with the goal of accelerating its drilling program next year. Melbana, a company known formerly as MEO Austral …

UPI.comSenegal primed as one of the next big oil playersUPI.com1 (UPI) -- Companies working to exploit frontier oil reserves are working to submit field development plans as quickly as possible, a top executive said. Africa-focused FAR Ltd. said the SNE fi …

UPI.comMore oil coming from the North SeaUPI.com21 (UPI) -- British energy company EnQuest said Monday it delivered its first batch of oil from a North Sea field that could hold more than 10 million barrels of oil. EnQuest announced delivery from the Scolt …