A global property investor aims to make BP’s North Sea headquarters in Aberdeen a beacon of the city’s green credentials.
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.
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 Offshore Group said yesterday it was “in a very resilient position” to navigate the current economic pressures of the coronavirus pandemic.
The first of a fleet of 25 new hydrogen buses bound for Aberdeen left its manufacturer’s factory in Northern Ireland yesterday.
Archer Knight, the Aberdeen-based subsea market intelligence and consultancy, has reported an “exceptional” uptake for its latest cash-for-equity offer.
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.
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.
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.
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.
The FTSE 100 Index failed to hold on to Monday’s gains today, despite a rally for stocks on Wall Street overnight.
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.
The FTSE 100 Index edged up a further 822.22 points, or 1.4%, to 5,935.98 today.
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.
The price of a barrel of Brent crude surged above $30 on Tuesday amid growing hopes that global demand for oil is rising again.
Subsea market intelligence and consultancy firm Archer Knight is planning a £1 million cash for equity fundraiser.
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 crude oil was up by nearly 8% to $26.16 per barrel by the London market close today.
Brent crude oil was up by 7.3% at $24.4 per barrel, as of 6pm.
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.
European markets started the week in positive territory, with all the leading financial indices enjoying gains yesterday.
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.
The price of Brent crude has continued to recover today after the oil price rout of earlier this week.
Brent oil enjoyed a better day on the markets on Wednesday despite warnings a barrel of the crude may become “cheaper than a latte”.
The world’s two leading oil price benchmarks suffered contrasting fortunes today amid ongoing supply and demand fears.