NEW YORK, May 3 (Reuters) - Oil prices rose on Thursday, boosted by OPEC oil rig flanges gulf coast production cuts and the potential for new U.S.

The UK government publishes updated guidance notes for the decommissioning of offshore installations and pipelines.

The UK government has published updated guidance notes for the decommissioning of offshore oil and gas installations and pipelines.

ExxonMobil anticipates 450,000 barrels per day of oil oil rig flanges gulf coast production from the South American country by 2020.

One of the top offshore oil and gas success stories reported in the past year has been a off the coast of Guyana.

There's a downside to oil prices being up that could cost the industry more than $7 billion.

(Bloomberg) -- There’s a downside to oil prices being up that could cost the industry more than $7 billion.

HOUSTON, May 2 (Reuters) - Continental Resources Inc , the U.S. shale producer controlled by billionaire Harold Hamm, posted a better-than-expected quarterly profit on Wednesday thanks to rising oil prices and spiking output in its core North Dakota Bakken shale operations.

NEW YORK, May 2 (Reuters) - Oil prices strengthened slightly ahead of the settlement Wednesday as the Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation would be sustained.

May 1 (Reuters) - Noble Energy Inc's first-quarter profit topped analysts' estimates, but the oil and gas producer's weak current-quarter sales volume forecast sent its shares down 2.5 percent.

Encana has so far avoided the pipeline bottlenecks, thanks to the company's hedging program and transportation agreements.

(Bloomberg) -- Encana Corp. has so far avoided the pipeline bottlenecks that are damping prices for Permian crude and Canadian natural gas, thanks to the company’s hedging program and transportation agreements.

Kieran Kavanagh, vice president of digital solutions at Wood, sees the company's digital business 'expanding' in the future.

Kieran Kavanagh, vice president of digital solutions at Wood, confirmed Tuesday that he sees the company’s digital business “expanding” in the future.