Laden with 400,000 barrels of Venezuelan oil, the Icaro sits in the azure waters of the Caribbean just off the Dutch island of Curacao. It’s been there more than a month, and it’s not going anywhere until state-owned oil company PDVSA pays its bills.
SSE Networks (SSEN) has announced it is seeking support for a proposal to "strengthen reporting standards" and "improve transparency" across energy networks.
It's been a decade of lows for commodities after posting 7 declines in 11 years, but we've seriously underestimated lithium. It's back with a vengeance in 2019.
Aberdeen-headquartered firm EnerQuip has announced a six-figure deal with an oilfield service company based in Kuwait.
The Venezuelan opposition leader who has declared himself the country's rightful president has said US sanctions against the state-owned oil company fall in line with requests politicians have made to "protect" the nation's assets abroad.
Oil giant BP has extended Odfjell Drilling's maintenance service contract on three North Sea platforms.
Aberdeen-headquartered Ardyne Technologies said last night it expects to see the creation of "high quality jobs" in the Granite City as a result of a multi-million cash injection.
Saudi Arabia expects to reduce oil output once again in February and pump for six months at levels “well below” the production limit it accepted under OPEC’s oil-cuts accord, Energy Minister Khalid Al-Falih said.
The Trump administration dealt its toughest blow yet to the authoritarian Venezuelan leader Nicolas Maduro, issuing new sanctions on the nation’s state-owned oil company PDVSA that effectively block his regime from exporting crude to the U.S.
The UK offshore wind sector could become more competitive on price than its onshore counterpart, according to a research group.
Global engineering management firm Penspen has opened an office in South America to facilitate a two-year contract in the region.
The organisers of the prestigious cHeRries Awards are on the hunt for an exemplary employer of choice as the next edition of one of the north-east’s most prestigious business events looms closer.
Campaigners in Moray have teamed up to curb the amount of wind farm developments in the region.
The Petroleum Safety Authority Norway (PSA) has urged Aker BP to "learn lessons" from an incident in which a walkway struck the edge of a landing platform, causing damage.
Toshiba has unveiled a remote-controlled robot it hopes will be able to probe the inside of one of the three damaged reactors at Japan's tsunami-hit Fukushima nuclear plant.
Wind and solar generation soared above coal for the first time in 2018, according to analysts Wood MacKenzie (Woodmac).
Oil service provider Bilfinger has announced the appointment of a new maintenance lead.
Shares in Utilitywise tumbled after the company said it has put itself up for sale and needs to raise £10 million in equity.
After months of courting oil officials in Abu Dhabi, Claudio Descalzi got his prize: a stake in the world’s fourth-largest oil processing plant.
Aberdeen Harbour has today announced figures showing increases across vessel and cargo tonnage, arrivals and passengers.
Energy services giant Wood has agreed to divest its interests in some of its non-core businesses.
Saudi Arabian Oil Co. is taking a nearly 20 percent stake in South Korean oil refiner Hyundai Oilbank Co. for $1.6 billion, tightening the grip of the world’s top crude exporter on the biggest oil consuming region.
Offshore vessel owner Prosafe has revealed it will shed up to 150 jobs through voluntary redundancy in a effort cut operating costs.
Hong Kong’s billionaire Cheng family, which controls a real estate and jewelry empire, is exploring a bid for European fuel supplier Varo Energy BV, people with knowledge of the matter said.
The first phase of piling work is under way on a multi-million-pound project to expand facilities at Montrose Port.