Maersk Drilling has said it is “on track” to deliver its 2019 goals despite a £4m pre-tax loss for the first half of the year.
A £10million investment project to make Aberdeen’s electricity network more resilient has been announced.
Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years.
Oil headed for its first back-to-back weekly gain since June on signs the U.S. and China could be edging closer to a trade deal and as a
growing list of central banks start easing policy to shore up growth.
Fracking has been stopped at the UK's only shale gas exploration site after a tremor, according to an energy firm.
Record production levels helped Premier Oil put another dent in its debt pile in the first half of 2019.
Shell has wrapped up seismic survey work on a newly-acquired southern North Sea prospect.
Shell has selected TechnipFMC to provide subsea equipment for its PowerNap project in the US Gulf of Mexico.
Royal Dutch Shell Plc has taken the plunge into Australia’s energy market with a $418 million deal to buy ERM Power Ltd., the nation’s second-largest electricity retailer to commercial and industrial customers, as it drives toward a goal to become the world’s top power producer by 2030.
North Sea oil firm i3 Energy said today that the Borgland Dolphin semi-submersible drilling rig has started drilling a well on the Liberator field in the outer Moray Firth.