S&P outlook for Total still negative after full year results
A global credit ratings agency said yesterday that its outlook remained negative for Total following the French oil and gas major’s full year results.
A global credit ratings agency said yesterday that its outlook remained negative for Total following the French oil and gas major’s full year results.
Tlou Energy said yesterday it had found a project partner for its coal bed methane (CBM) power project in Botswana.
Greenpeace activists have taken to kayaks to protest against Arctic oil exploration at a rig in northern Norway.
A single loaf of bread produced in the UK contributes as much to global warming as more than half a kilogram of carbon dioxide, research has shown.
Centrica has confirmed putting off the submission of a field development plan (FDP) for the Fogelberg discovery in the Norwegian Sea until mid-2019.
Saudi Aramco will invest $7billion in an oil refinery project in Malaysia, the country’s prime minister said.
Russian Energy Minister Alexander Novak said today that the country could reduce production quicker than originally expected, Reuters reported.
Sterling slumped on Monday as investors fretted about the prospects of a second Scottish independence referendum, which could compound Brexit uncertainties.
Rig owner Rowan suffered net losses of $24.4million in the fourth quarter of 2016, driven by double-digit declines on the deepwater and jack-up segments.
Norway’s offshore safety body has approved a request from ExxonMobil to extend the lifetime of the Sigyn field infrastructure.
Shell has struck a preliminary deal with Argentina’s YPF to develop a shale field in the South American country.
Norway today confirmed Lundin Petroleum's new oil discovery in the Barents Sea.
Oil producing nations are on track to achieve “full conformity” with production cuts agreed last year.
Repsol Sinopec Resources UK (RSRUK) said today that it plans to suspend output from the Buchan Alpha platform in the North Sea in April.
Shell today confirmed that it will apply to increase production from the North Sea Shearwater field.
The European Union will put 10million euros (£8.5million) toward the construction of an interconnector between the north-east of Scotland and Norway.
Atlantis Resources said today that the first AR1500 tidal turbine at its MeyGen project off Caithness had produced first power.
Footage has appeared online of a vessel crashing through huge North Sea waves during a storm.
Centrica yesterday warned that costs for exploration and production could start rising as oil prices stabilise.
Electricity prices have soared because of constant intervention in the energy sector by successive governments, a Parliamentary report has found.
Saudi Arabia has said oil giant Saudi Aramco is worth more than $2 trillion, enough to consume Apple Inc. twice, and still have room for Google parent Alphabet Inc.
Centrica said yesterday that it was weighing up partnerships and joint ventures to bolster its exploration and production (E&P) business.
Apache Corporation said yesterday it was switching its focus from cost-cutting to growth after a “very successful” 2016.
Three new Dyce-based apprentices are relishing the chance to pick up new skills.
Norwegian companies will invest £14.4billion in oil and gas extraction and transport this year, a 1.9% increase on previous estimates, the country’s stats office said today.