Goldman says oil to surpass $80 with market likely balanced
Goldman Sachs Group Inc. hiked its short-term crude oil price forecast by as much as 33 percent, saying the market is now likely balanced.
Goldman Sachs Group Inc. hiked its short-term crude oil price forecast by as much as 33 percent, saying the market is now likely balanced.
Widespread job losses, wage freezes, salary reductions and reduced working hours, were symptomatic of the impact of the oil price downturn and Aberdeen felt the cold blast of sub-$40 per barrel of oil more than most cities.
Scottish oil and gas explorer Bowleven said today that a rig has been contracted for the Etinde field in Cameroon.
An offshore worker from Ellon who punched a colleague to the ground in the centre of Lerwick after a drunken misunderstanding has been fined £1,500.
Chinese oil firm Cnooc today revealed plans to spend up to £9billion in 2018, 18% of which will be devoted to exploration.
Shell’s boss today hailed 2017 as a “year of transformation” for the oil major after recording a jump in earnings.
The crew of a vessel detained in a north-east harbour for more than a year could finally be paid next month.
Energy bosses will be grilled at a meeting to debate a controversial windfarm development planned for a top surfing destination.
Once recreational marijuana becomes legal in Canada, Garnet Amundson says it will get a lot harder to find the workers he needs at Essential Energy Services Ltd. And he isn’t the only employer who’s worried.
BP’s two new oil discoveries prove there is still life in the “old dog” that is the North Sea, an analyst said yesterday.
A deal to put EnQuest in charge of decommissioning two North Sea fields should drive down costs, an analyst said yesterday.
Stena Drilling said yesterday that a new contract award meant it could “re-evaluate” plans to lay off workers.
North-east workers at Odfjell Drilling are likely to turn down a new set of terms and conditions proposed by the offshore contractor.
There are hopes the arrival of two rigs at a major Cromarty Firth yard could signal the start of a recovery in offshore inspection repair and maintenance (IRM) activities.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading firms of Chartered Accountants & Business Advisors, is pleased to announce the appointment of Nicola Rollings as Restructuring Manager in their growing Restructuring & Recovery (R2) division.
Shell has announced one of its largest US Gulf of Mexico exploration finds in the past decade from the Whale deep-water well.
Thomas Leurent, CEO of Akselos, says the future of man and machine, the energy debate and the importance of social purpose were all standout moments for him at the World Economic Forum’s annual meeting.
A few weeks ago my exposition in Options for Scotland of making offshore assets safe and clean, leaving in situ, and using the money saved from not removing to fund green energy projects, received two days of TV, radio and media coverage.
Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable. Not only that, but costs are on the rise and drillers are pursuing "irrational production."
Apollo has emerged from the downturn bigger, stronger and more capable than ever. With 2017 being our best year ever, it is good to reflect on how this has been achieved.
Russian president Vladimir Putin has called a long-awaited US list of Russian businessmen and officials who have flourished under his presidency a "hostile step" that harms relations between Moscow and Washington.
BP is looking to a future beyond oil as it concedes some crude will be left in the ground.
A new harbour master has taken the helm at the ports of Dundee, Methil and Kirkcaldy.
Houston's Noble Energy said it will sell a 7.5 percent stake in its large Tamar gas field offshore of Israel in the Mediterranean for $800 million.
Scotland’s energy minister has highlighted the planned Neart na Gaoithe (NNG) windfarm off the coast of Fife as an example of the country’s leading position on renewables development.