Salamander board backs Ophir offer

Deal follows collapse of talks with Cepsa-led consortium

Petrofac shares plunge 20% on warning

Oilfield services group says fall in crude prices to hit earnings

The top table: Six Opec power brokers

Profiles of oil ministers from Saudi Arabia, Iraq, Iran, Venezuela, Nigeria and Libya

US oil imports from Opec at 30-year low

Domestic production at 9m b/d, its highest since the 1980s

Carbon capture faces struggle for viability

Canadian utility SaskPower points to high capital costs

Decades of North Sea tax tinkering

Oil price concerns replace worries over ownership

Chancellor pressed to aid UK oil and gas

Industry lobby says price fall threatens to hit development

Stand-off threatens to stymie LNG development in Australia

The country could lose its crown as the world’s biggest exporter of liquefied natural gas just after it achieves this goal

A Consol Energy Horizontal Gas Drilling Rig exploring the Marcellus Shale outside the town of Waynesburg, PA is reflected on worker's sunglasses on April 13, 2012
©Mladen Antonov/Getty Images

The ‘age of abundance’ poses fresh dilemmas for companies

Oil and gas output is rising but resource constraints will re-emerge in the longer term

Workers with Raven Drilling line up pipe while drilling for oil in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota
©Andrew Burton/Getty Images

Shale jubilation fades as oil price falls undercut model

US producers face their most severe test since the boom began

US postpones decision on biofuel mandate

Prolonged uncertainty over proposed standards draws protests

Salamander set to recommend Ophir offer

All-share offer values southeast Asian oil explorer at £251m

Miners lead FTSE to best level in a month

China’s rate cut gives metals producers more momentum

Oil ETF defies crude slide

US Oil fund’s $1bn milestone presents a puzzle

Ineos boss pitches fracking

Ratcliffe’s big problem is footloose environmentalists

Ineos unveils $1bn push into UK shale gas

Group aims to be key player in fracking field but lack of detail on plans draws sceptical response

Scotland wary on shale gas proposals

Ambition to help economy contends with fracking fears

Technip’s €1.5bn bid for CGG rebuffed

French oil services group to continue talks with seismic surveyor

Technip: trial and error

The company is taking a leaf out of Perry Mason’s book. Bad move

China releases first estimate of oil reserves

Move follows pledge of greater transparency of stockpile size

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