Oil headed for its highest close since June 2015 while trading volume surged after U.S. industry data showed crude stockpiles resumed declines and as investors await a decision by OPEC on extending output cuts.
A new online directory offering information for companies in the energy industry on the capacity and capabilities of 26 Scottish ports has been launched.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants & Business Advisers, is delighted to announce the successful completion of seven transactions during October 2017, covering a range of sectors including Oil & Gas, construction, food & drink, retail and support services, taking its total number of successful transactions to over 40 for the 10 months to October. The total deal value for AAB deals for the 10 months to October 2017 is over £400m, up 50% on the prior year.
A Chinese firm that’s grown from a small local trader to a global deal-making juggernaut sold its first cargo of Russian crude after buying a $9 billion stake in Rosneft.
The future of automotive is rightly garnering plenty of attention right now. For decades, the sector has seen innovation confined to the fringes of design, while the fundamentals of the combustion engine have remained firmly in place.
Aberdeen-based energy service company Pressure Test Solutions (PTS) has invested £250,000 in a new hydraulics division and added a key distributor agreement.
Siccar Point Energy said today that it had agreed to sell majority interests in two exploration licences in the west of Shetland area to energy giant Ineos.
Europa Oil & Gas said today that it would appeal against Surrey Councils refusal to approve a construction traffice management plan for an exploration project.
OPEC has an Iraq problem: the group’s second-biggest exporter is lurching between quota busting and production-crimping crisis, clouding the policy-making picture as ministers decide how long they need to extend output curbs.
Asset management in the Nordic region is dominated by Norway’s $1 trillion sovereign wealth fund, which last week said it wants to exit all its oil and gas stocks.
Oil industry bosses said yesterday that the liquidation of a north-east apprentice training centre was “devastating” for the region – if not all of Scotland.