Shell sees 36% drop in earnings on weaker oil, gas and LNG prices
Energy giant Shell has seen earnings drop by a third in the last year on lower prices for oil, gas and LNG.
Energy giant Shell has seen earnings drop by a third in the last year on lower prices for oil, gas and LNG.
A “knee-jerk” reaction from investors to a combination of factors including recent results, Brexit and the coronavirus have been blamed for a 20% slide in Hurricane Energy’s share price.
Chrysaor has handed in decommissioning plans for the Jupiter series of gas fields in the UK North Sea.
Customers have been paying too much for their electricity for seven years because regulator Ofgem set the bar too low for networks, the spending watchdog has said.
University chiefs have hailed a “resurgence” in applications to oil and gas courses in Aberdeen following a sharp drop during the downturn.
Hurricane Energy has insisted it is “not aware of any subsurface, operational or commercial reasons” for a steep decline in its share price in the last week.
A preliminary hearing for a fatal accident inquiry into a helicopter crash off Shetland in 2013 begins in Aberdeen today.
Hundreds of thousands of people will need to be recruited into the energy sector to reach the goal to cut emissions to net zero by 2050, a report for National Grid shows.
BP Plc’s outgoing Chief Executive Officer Bob Dudley warned Big Oil of moving too fast on investing in new technologies to counter climate change, because their failure could lead to financial ruin.
ExxonMobil has increased its estimated recoverable resources in Guyana by two billion barrels after a hot streak of discoveries at the prolific Stabroek block.
Energy regulator Ofgem has launched an investigation into a £1.3billion subsea cable which transports renewable energy between Scotland, England and Wales.
Experts have made a rare sighting of a swordfish at what will become the largest wind farm in Scotland.
A compelling line-up of speakers has been confirmed for an event aiming to put issues surrounding diversity and inclusion centre stage in the oil and gas sector.
Technology and engineering firm Integrity XL, of Blackburn, near Aberdeen, said yesterday it was poised to double the size of its workforce after investing £1 million in two new liquid nitrogen pumps.
A Scottish project has passed a new milestone for generating “predictable” renewable energy from a tidal array.
Oil tumbled on fears China’s deadly coronavirus will crimp demand, prompting Saudi Arabia to say it was closely monitoring the situation.
Jersey Oil and Gas is back on the hunt for partners to develop its Verbier discovery after energy giant Equinor decided to sell back its 70% stake.
The multiaward-winning Marischal Square developmentin Aberdeen is 75% let just over two years after construction work ended for the £107 million project.
Helicopter operator Bristow has announced plans to merge with US rival Era, three months after emerging from Chapter 11 bankruptcy.
It’s apparently not the traditional approach for the top dogs of major oil companies, but maybe it’s time to break the mould.
How reverse mentoring is helping build the workforce of the future and advance the energy transition
Environmentally-friendly waste specialist Sem Energy expects to break through the £1.5 million turnover barrier in its fourth year in business.
Challenger brands to Britain's biggest energy firms have cemented their place at the top of the rankings in an annual customer satisfaction survey.
The achievements of budding oil and gas project leaders and their mentors have been marked at an awards ceremony in Aberdeen.
An Aberdeen helicopter operator has blamed “challenging market conditions” after posting its worst set of financial losses in more than a decade.