Exxon SEC probe highlights concerns over inflated shale reserves
The Securities and Exchange Commission has been largely silent on the financial wreckage of the U.S. shale industry in recent years, but that may be about to change.
The Securities and Exchange Commission has been largely silent on the financial wreckage of the U.S. shale industry in recent years, but that may be about to change.
French energy giant Total has confirmed the award to Maersk Drilling of contracts worth $100 million for its exploration and appraisal campaign in Suriname's Block 58.
Nigerian authorities moved to seize assets belonging to one of the nation’s largest banks to recoup damages owed by Royal Dutch Shell Plc to a local community over a decades-long dispute.
A major leasing round expected to generate more than £8 billion of investment in Scottish offshore wind projects opened to applicants today.
Training and management consultancy firm Assurance of Learning (AoL) has snapped up a north-east counterpart for a six figure sum.
Santos has approved US$235 million worth of investment for an infill drilling campaign that will extend the life of the Bayu-Undan field offshore East Timor. As a result, the Santos-led Darwin LNG export plant, which is fed by the aging field, will not need to be shut down while new supplies of gas are developed.
Danish firm Maersk Drilling said today that Dana Petroleum Denmark had terminated a rig deal between the two firms.
Marubeni Corp. could all but exit the UK North Sea as it looks to sell its main oil and gas fields in the region, according to people with knowledge of the matter.
A London-listed green energy infrastructure investor has struck a deal to buy 17.5% of the Beatrice wind farm off the coast of Scotland.
Chevron Corp. is investing in a California startup that captures carbon dioxide from factories and converts the greenhouse gas into gravel and other building materials.
Two Orkney distilleries are to take part in a £58,781 research project to investigate the use of “green” hydrogen heating as part of a government initiative to find ways of decarbonising the distilling sector.
Banks and businesses should start assessing their risks to future climate change immediately and prepare for carbon prices to more than triple to $100 per ton by 2030, a senior Bank of England official warned.
A Middle Eastern firm chosen to build key infrastructure for Scottish offshore wind projects announced plans for a strategic reorganisation today.
Hurricane Energy’s chief executive said today that the firm is currently “engaging with stakeholders” on funding for the further development of its Lancaster field.
Engineering and consultancy giant Wood said today that its revenues fell by more than a fifth in 2020 due to challenging trading conditions.
Bosses at Three60 Energy are targeting significant financial growth and a recruitment drive across the global energy service group.
US fund managers are still lagging behind their European peers in putting pressure on companies and ensuring their investments align with climate change targets, a new report has claimed.
An Austrian chain maker whose history can be traced back to the 15th century has invested an undisclosed sum in Load Monitoring Systems (LMS), of Aberdeen.
Disruption can bring opportunities, and those businesses which have a mindset of accepting opportunities thrown up from the unwelcome disruption caused by Covid-19 will survive and thrive, while new businesses will emerge to capitalise on these opportunities.
Digital media production company Signal is to produce films for Aberdeenshire Council and ORE Catapult to support the promotion of local and national economic development.
Spirit Energy will drill a new well in a bid to deliver more than 4.2 million additional barrels of oil equivalent from a southern North Sea field.
Energy firms Total and Engie have agreed to build and operate France's largest renewable hydrogen production site.
TechnipFMC said today it had appointed Alf Melin as executive vice president and chief financial officer, effective January 25, 2021.
An oil and gas market researcher has highlighted a UK North Sea exploration well expected to be drilled this year by Shell as “one to watch”.
Industry body OGUK has announced today that its Diversity & Inclusion Task Group will deliver a free online event on January 18 exploring mental health.