Houston firm Classic Energy fined $1.5m for illegal trades
A Houston energy investment firm has been fined $1.5 million by the U.S. Commodity Futures Trading Commission for trading against its own customers.
A Houston energy investment firm has been fined $1.5 million by the U.S. Commodity Futures Trading Commission for trading against its own customers.
Opposition parties have called on the Scottish Government to promise an outright ban on fracking.
The chief executive of the Oil and Gas Authority (OGA) has claimed the UK’s goals for a crucial new climate change technology are “remarkably achievable”.
The potential to heat Donald Trump’s newly-approved housing estate in Aberdeenshire with 100% hydrogen was discussed at an energy sector conference yesterday.
Chrysaor has confirmed it is hoping to sanction a new North Sea project next year.
Changes to offshore rotas are “top of the list” for new workers coming into the business from ConocoPhillips, according to Chrysaor’s chief executive.
Proserv has “restructured the business for growth” with the launch of two separate divisions after agreeing a deal to wipe out its debt last year.
Chrysaor has announced the completion of its mammoth £2billion purchase of ConocoPhillips’ North Sea assets.
Rig operator Valaris has been chosen to carry out the drilling contract for Neptune Energy’s Seagull project in the UK North Sea.
Global subsea equipment specialist Ashtead Technology is still on the acquisition trail after a flurry of deals since it changed hands three years ago.
Offshore training firm Survivex has launched a new course which aims to tackle the “deadly legacy” of asbestos.
A network dedicated to increasing the number of women in the UK energy industry has warned that digitalisation is not a guaranteed “gender balance magic wand”.
Spirit Energy has been granted approval to decommission two normally unmanned platforms at the South Morecambe field in the East Irish Sea.
A senior economist at one of the world’s biggest professional services firms will visit Aberdeen next week to help north-east firms navigate Brexit.
A new decommissioning specialist has been set up which is carrying out work for North Sea operator Perenco in the UK.
Brazil's main environmental agency said it has detected 105 crude oil spills from an undetermined source polluting the waters of the country's north east coast this month.
Independent Oil and Gas (IOG) has pushed back the estimated date for sanctioning its flagship North Sea development.
Hydro Group has hailed growth thanks to work in the defence sector but said the subsea industry it operates in still has a “long, hard slog” ahead.
A firm which claimed the government acted unlawfully in giving taxpayers money to a competitor has lost its £25 million legal action in Scotland’s highest civil court.
One of the world’s “Big Four” professional services firms is to move its Aberdeen business from the west end into prestigious new offices in the heart of the city.
A survey from the UK’s largest offshore union has found high levels of job insecurity among the contractor workforce in the North Sea.
Aberdeen-headquartered EnerMech said it is making European expansion a “top priority” with the appointment of a new director.
An Aberdeen-based energy services firm has won a contract worth more than £1million for work in Far East Russia.
RockRose Energy saw a 449% boost in earnings for the first six months of the year – before completing its takeover of Marathon Oil’s UK assets.
EV Private Equity (EVPE) plans to reap the rewards of its investment in the oil and gas sector through a number of sales later this year.