Updated: Serica advises investors to hold fire as Andrew Austin’s Kistos unveils merger proposal
Serica Energy (LON: SQZ) has knocked back a proposed merger by North Sea counterpart Kistos Energy (LON: KIST).
Serica Energy (LON: SQZ) has knocked back a proposed merger by North Sea counterpart Kistos Energy (LON: KIST).
Waldorf Production has struck an undisclosed deal to takeover North Sea oil and gas firm Alpha Petroleum Resources.
A lack of movement on carbon capture and storage (CCS) could be slowing the UK’s adoption of low carbon hydrogen.
The Government's windfall tax on the soaring profits of oil and gas companies has taken a step closer to becoming law.
Shares in UK utilities climbed after the government said it wouldn’t extend a windfall tax to power generators.
Texas residents and businesses, including the biggest names in oil, autos and technology, are being asked to conserve electricity Monday afternoon during a heat wave that’s expected to push the state’s grid near its breaking point.
Bilfinger UK has launched a recruitment drive to hire over 40 engineers nationwide.
A leading supplier of downhole sealing solutions and technology to the North Sea oil and gas industry has set up shop in the north-east.
North Sea operator Neptune Energy has handed a contract to TechnipFMC to carry out work in Norway.
Oil declined as the prospect of more demand-sapping virus restrictions in China overshadowed signs of a tightening market.
Kistos Energy, former RockRose Energy CEO Andrew Austin’s latest venture, has completed the acquisition of a stake in a package of West of Shetland assets.
North Sea operator Serica Energy (LON: SQZ) spudded the North Eigg exploration well this morning.
The price of energy will increase further if oilfields like Cambo do not go ahead, a UK Government minister has warned.
A trio of emerging low carbon technologies could generate almost 30,000 new UK jobs by 2030, according to research by Robert Gordon University (RGU).
Global energy project delays, stemming from tight supply chains, delivered a big blow to subsea tree awards in the first half of the year.
A North Sea exploration well, previously tipped as one to watch, is to be plugged and abandoned (P&A) after coming up dry.
After many years of rhetoric, promise and disappointment, the long-awaited decommissioning boom appears to gathering pace.
Like much of his tenure as Prime Minister, Boris Johnson’s relationship with the energy sector has been somewhat rocky.
Shell (LON: SHEL) said soaring margins from fuel production may have added more than $1 billion to the earnings of its refining business last quarter, when gasoline prices broke records in several countries.
With the UK having seemingly emerged from Covid-19 - or still emerging depending on whom you ask - it affords the oil and gas industry time to take stock.
North Sea firm Siccar Point Energy is nearing a decision on how best to proceed with its West of Shetland Tornado project.
With pedigree and skills in abundance, Baker Hughes is ideally placed to help solve the two major challenges facing the North Sea.
BP has insisted the Foinaven FPSO is being removed in a ‘controlled’ manner after a news article alleged it planned to dump “industrial waste” in a protected area.
Oil extended its drop below $100 a barrel as fears of a global slowdown outweighed continued supply disruptions and market tightness.
The French government will nationalise its financially-struggling nuclear giant Electricite de France to help it ride out Europe’s worst energy crisis in a generation.