Oil near $57 as US crude output climbs to fresh record
Oil traded near $57 a barrel as U.S. crude output climbed to a fresh record, offsetting a bigger-than-forecast drop in stockpiles.
Oil traded near $57 a barrel as U.S. crude output climbed to a fresh record, offsetting a bigger-than-forecast drop in stockpiles.
Clean energy is coming to Canada’s oil patch.
Aberdeen’s property market has suffered severe trauma in terms of falling demand and values following the oil price collapse.
An Aberdeen man who showed his Christian spirit by bringing help and comfort to Indian sailors marooned at Aberdeen harbour for more than a year will take his first steps towards becoming a Roman Catholic priest this week.
A senior executive at the Russian nuclear processing plant suspected of being behind a spike of radioactivity over Europe this autumn has admitted that the isotope recorded does emerge as part of the plant's production cycle but said its levels are negligible.
US oil major ExxonMobil has completed the acquisition of a 25% stake in Mozambique’s gas-rich Area 4 block.
Ministers are to outline the UK's post-Brexit vision for how it will work with the European civil nuclear regulator within weeks.
A court has ruled that a nuclear reactor in southwestern Japan should not operate because it is too close to an active volcano and could be affected by a major eruption.
Nicola Sturgeon has said investing in innovation to increase productivity will be a key focus of the Scottish Budget.
Noble Energy's pipeline business created a new joint venture to buy Colorado's Saddle Butte Pipeline for $625 million.
Houston's Oil States International said it will buy fracking technology company GEODynamics for $525 million to help stay ahead of North American energy trends.
OPEC predicted that global oil markets won’t rebalance until late next year after boosting forecasts for supplies from the U.S. and other rivals.
A protected bird of prey died when an oil executive shot a buzzard he thought to be a pheasant when it flew out of woods on a Highland estate, a court has heard.
Saudi Arabian Oil Co. is asking banks to pitch for roles as coordinators and bookrunners on its initial public offering, people familiar with the matter said, as the state-owned crude producer pushes ahead with plans for the world’s biggest share sale.
Production has restarted at the Tambar field in Norway following the death of a worker.
North Sea industry faces being left short by hundreds of millions of pounds for a period due to the closure of a key pipeline, an analyst has said.
Residents living close to the scene of the oil leak between Cookney and Netherley have faced delays since the cordon was put up last week.
The Forties pipeline shutdown will cause pain for oil producers, but consumers will still get their oil and gas, industry experts said yesterday.
Nexen said today that it has temporarily shut down the Buzzard, the North Sea's biggest producing field, in light of the Forties pipeline closure.
Petrochemicals giant Ineos has provided a photograph of the site where work is being carried out to fix a crack in the Forties pipeline.
Oil firm Apache said today that it shut down production from the North Sea Forties field following the closure of a major pipeline.
Oil major Shell said today that it had suspended production on two of its North Sea platforms due to the Forties pipeline shutdown.
Midstream infrastructure owner Cats Management said today that it had agreed buy a 65% stake in a major southern North Sea pipeline.
The decision to send a group of oil workers ashore after they refused to get into lifeboats on a rig is “outrageous”, a union boss has said.
The North Sea is headed for a sweeping shutdown unless a small crack in a pipeline near Aberdeen can be fixed quickly, industry experts have said.