Oil forecast to hit $130 by June
Analysts have been reacting after oil topped $100 a barrel for the first time in years following Russia's invasion of Ukraine.
Analysts have been reacting after oil topped $100 a barrel for the first time in years following Russia's invasion of Ukraine.
Hundreds of people gathered in Aberdeen on Wednesday night to celebrate the achievements of companies and individuals in the UK underwater sector.
The spread of offshore wind farms in Scotland could dent a key Shetland net zero project, which is working to decarbonise nearby oil and gas assets.
Global Underwater Hub (GUH) chief executive Neil Gordon has backed the UK's blue economy to grow exponentially in the coming years.
Oil and gas giants are expected to fork out billions of pounds on share buybacks this year as they reap bumper profits.
Russia’s lower house of parliament, the State Duma, unanimously ratified the Kremlin’s treaties recognizing two self-proclaimed republics in eastern Ukraine.
Politicians have been accused of letting down offshore workers after plans for a training passport were voted down in Westminster.
Neptune Energy has announced a series of contract awards to support its key southern North Sea gas field.
RenewableUK is delighted to announce the inaugural Global Offshore Wind Awards 2022. Designed to recognise and celebrate the achievements of the sector on the innovations and growth of the wind sector in the UK and beyond, the vibrancy and resilience of our supply chain, the impact of our initiatives to enhance the sector’s people strategy and the quality of our provisions on health and safety.
Investment worth more than £12 billion is expected to flow into the north-east over the next decade, helping aid the region's economic recovery.
European natural gas prices fluctuated, whipsawed by Russian President Vladimir Putin’s plans to decide on recognition of separatist regions of eastern Ukraine on Monday.
A Californian man who toppled out of his boat in the middle of the night was able to swim to a nearby oil platform thanks to the help of a kind-hearted seal.
Dozens of workers employed at supermajor ExxonMobil’s Fawley refinery and petrochemical complex could soon down tools as part of a dispute around pay.
North Sea initial public offerings (IPOs) could be back on the menu with healthy oil and gas prices tipped to continue for much of 2022.
The number of green jobs in Scotland has fallen again with businesses making less money, official figures suggest.
Eni (BIT: ENI) is back in the black after an “excellent” financial year in which it accelerated the pace of its transformation strategy.
As Scottish ports vie for green freeport status, Aberdeen Harbour’s boss has warned the north-east could fail to “realise its full potential” if not chosen.
Fugro is forecasting further revenue growth this year after delivering a “clear improvement” in its results.
While the future of the Cambo project remains on hold, Siccar Point Energy’s intentions for the scheme could soon become clearer.
Balls of tar have washed up on the north-west coast of England just days after an Eni oil spill in the East Irish Sea.
Green hydrogen investment platform Hy2gen has successfully completed a £167 million funding round.
Crown Estate Scotland (CES) has announced that its chief executive is to retire in August this year.
Offshore Energies UK (OEUK) chief executive Deirdre Michie says the trade body will champion an “inclusive future” as it enters a new dawn.
The market for shallow water offshore drilling is on the up sparked by higher oil and gas prices and tight supply.
Equinor (OSLO: EQNR) is exercising options worth £663 million to extend drilling contracts with Archer, KCA Deutag and Odfjell Drilling.