The president of Encana’s Canadian division has resigned his position at the Calgary-based natural gas producer, effective immediately, according to reports.

Canada's Oilsands Quest has filed for Chapter 15 protection from creditors in a US bankruptcy court, after the troubled player failed to find buyers for its Wallace Creek assets in Alberta.

Libya anticipates a return to pre-war oil output of 1.6 million barrels per day in June or July this year, deputy oil minister Omar Shakmak said on Tuesday, according to a report.

Atwood Oceanics on Tuesday said Israeli player Shemen Oil & Gas Resources had hired the Houston-based driller’s Atwood Beacon jack-up rig for a project in the Mediterranean Sea.

A US-owned offshore vessel working near the site of a deadly Chevron-chartered rig blaze off Nigeria was reportedly boarded by armed bandits last month.