All articles by Nicole Bates

Nicole Bates

AWE acquires Indonesian offshore assets

AWE Limited has executed a sale and purchase agreement with a Genting Berhad subsidiary to acquire a 100% interest and operatorship in two production sharing contracts offshore Indonesia for $39m.

Brent steady as euro demand offsets supply disruptions

Brent crude remained steady at $109.86 a barrel this morning, as concerns about European demand offset worries about supply disruptions from the Middle East.

Shell Canada to invest in Nova Scotia exploration

Shell Canada will spend $970m on exploring offshore oil and gas deposits in Nova Scotia, Canada, over the next six years.