BP North Sea headquarters to receive a ‘green’ makeover
A global property investor aims to make BP’s North Sea headquarters in Aberdeen a beacon of the city’s green credentials.
Simmons boss says 2021 shaping up to be exciting period for M&A
This year is shaping up to be an exciting period for mergers and acquisitions (M&As) in the oil and gas industry, according to Aberdeen-based energy finance expert Mike Beveridge.
Start-ups tackling global ‘emergency’
Eight start-ups from throughout Scotland are the first to benefit from an innovative accelerator programme focused on environment-friendly transport and low-carbon energy.
Sparrows in ‘very resilient’ position to face challenges
Sparrows Offshore Group said yesterday it was “in a very resilient position” to navigate the current economic pressures of the coronavirus pandemic.
Hydrogen-powered bus making its way across Irish Sea to city’s stops
The first of a fleet of 25 new hydrogen buses bound for Aberdeen left its manufacturer’s factory in Northern Ireland yesterday.
Archer Knight reports an ‘exceptional’ uptake for its latest cash-for-equity offer
Archer Knight, the Aberdeen-based subsea market intelligence and consultancy, has reported an “exceptional” uptake for its latest cash-for-equity offer.
Blended learning enters renewables sector
The phrase “blended learning” was in vogue for a spell as Scottish education authorities mulled a combination of home study and part-time attendance at school amid the Covid-19 pandemic, and now the idea has taken off in the renewables industry.
FTSE nudges up, Brent crude nears $45
The FTSE 100 Index eked out a gain of 8.21 points, or 0.13%, to 6,269.73 today, as traders continued to show caution despite recent progress towards a vaccine for Covid-19.
NXG on the hunt for new opportunities overseas
Drilling technology and services group NXG Global Group, of Aberdeen, plans to create at least 10 jobs and grow internationally by the end of the year.
FTSE 100 dragged lower by Rolls-Royce, National Grid and BP
London’s blue-chip FTSE 100 Index fell 106.54 points, or 1.73%, to 6,049.62 as Covid-19 continued to weigh heavily on the world’s leading financial markets today.
FTSE 100 falters amid subdued sentiment in London
The FTSE 100 Index failed to hold on to Monday’s gains today, despite a rally for stocks on Wall Street overnight.
GDi offers industry new laser scanning approach
Fast-growing oil and gas technology firm GDi is targeting new business from North Sea operators looking to save cash during and beyond the latest industry downturn.
FTSE 100 and Brent crude make gains
The FTSE 100 Index edged up a further 822.22 points, or 1.4%, to 5,935.98 today.
Brent slips back into reverse
Brent crude oil was down about 6.5% at $28.96 per barrel at the London market close despite spending much of today on the advance.
Brent crude rockets nearly 12%
The price of a barrel of Brent crude surged above $30 on Tuesday amid growing hopes that global demand for oil is rising again.
Archer Knight plans £1m cash for equity fundraiser
Subsea market intelligence and consultancy firm Archer Knight is planning a £1 million cash for equity fundraiser.
Oil prices start the week positively
The FTSE 100 started the week slightly in negative territory but oil prices were up amid hopes new production cuts can reduce a massive global oversupply.
Brent up nearly 8% ahead of global oil production cuts
Brent crude oil was up by nearly 8% to $26.16 per barrel by the London market close today.
Brent crude and FTSE 100 both on the up
Brent crude oil was up by 7.3% at $24.4 per barrel, as of 6pm.
Oil majors help drive up the FTSE 100
Share price growth for oil majors BP and Shell boosted the FTSE 100 yesterday, with London’s blue-chip index rising 111.1 points, or more than 1.9%, to 5,958.5.
FTSE 100 on the rise but Brent crude starts week in reverse
European markets started the week in positive territory, with all the leading financial indices enjoying gains yesterday.
Brent ends historic week for oil on the up
Brent crude had edged up just over 1% to $21.55 a barrel by the London market close today, making it three days of gains on the trot in a historic week for oil prices.
Good day for Brent oil and the FTSE 100
The price of Brent crude has continued to recover today after the oil price rout of earlier this week.
Brent oil and FTSE 100 both enjoy market bounce
Brent oil enjoyed a better day on the markets on Wednesday despite warnings a barrel of the crude may become “cheaper than a latte”.
US oil benchmark plunges towards $4 per barrel
The world’s two leading oil price benchmarks suffered contrasting fortunes today amid ongoing supply and demand fears.