Irving-based Pioneer Natural Resources, one of the oil producers in the Permian Basin of West Texas and New Mexico, said this week it plans to lay off about 25 percent of its workforce to reduce costs and increase shareholder value.
Business leaders from the north and north-east won four of the top national honours at the 2019 IoD Scotland Director of the Year Awards last night.
Aberdeen-based drilling contractor KCA Deutag has reported a dip in earnings amid heavy competition in the land drilling and offshore markets.
Subsea inspection, maintenance and repair (IMR) firm N-Sea has appointed a new chief executive.
Rig operator Seadrill increased its losses for the start of 2019 amid lower utilisation of its fleet.
Energy industry heavyweights and a climate change leader will share the stage during the plenary session of SPE Offshore Europe 2019.
EnQuest has seen a 25% yearly boost to its oil and gas production thanks to strong performance from its North Sea operations.
An facilities management firm which crashed into administration five months ago has announced plans for new offices in Aberdeen and Stirling.
An Aberdeenshire oil and gas pipeline welding company has been snapped up by a private-equity firm in a multi-million pound deal.
Troubled manufacturing firm Burntisland Fabrication (BiFab) needs to "actively look to attract" oil and gas decommissioning work after losing out on another multi-million wind farm contract, a leading energy analyst has said.