Union Jack Oil has clinched a deal to buy 16.7% of an onshore discovery in Yorkshire containing 31.5 million barrels of oil equivalent.
An oil company which is drilling about 20% of all Norwegian exploration wells this year plans to persevere with its bold approach.
The Scottish Government published Scotland’s first Energy Strategy in December last year.
Faced with a tough downturn, the oil and gas industry has been working harder than ever to find smarter ways to do business.
Professor Gary McEwan, Elevator CEO and Grey Matters coach and mentor, has supported hundreds of start-ups across the North East. Reflecting on the most successful businesses, he discusses the importance in making the most of opportunities and why creating your own luck could play a bigger role than you think.
Families' wallets will be pumped up by the Prime Minister as she continues the fuel duty freeze.
Motorists could be hit by more fuel price rises due to the "dark cloud" of high oil prices, a motoring firm has warned.
The world's first commercial flight powered partly by a new form of biofuel produced from alcohol will land in London on Wednesday.
The extent of the financial difficulties of Fife engineering firm BiFab have been revealed in newly filed company accounts.
Oil traded near the highest level in almost four years as investors grapple with doubts over OPEC’s ability to replace falling exports from Iran.
Europe will likely need more coal and natural gas this month as the region is spared the usual autumn storms.
The finance director at a Laurencekirk-based energy service firm has been shortlisted for a prestigious award by Scotland’s two leading female business organisations.
A formal application for Scotland’s fourth-biggest wind farm, sited in the Highlands, has been lodged.
Oil firm RockRose Energy said today that it had completed the £94 million acquisition of Dyas BV.
The GMB trade union has opened a strike action ballot for its members working in the UK North Sea.
Norwegian energy giant Equinor has struck a deal to return to one of UK North Sea’s biggest undeveloped fields after a five-year absence.
Equinor’s takeover as Rosebank operator will give impetus to a project which has stuttered since the field was discovered in 2004, analysts said.
Resurgent crude prices kept Apache Corporation’s North Sea business on an upward trajectory last year.
A global partnership between Subsea 7 and OneSubsea, a Schlumberger company, has clinched a "sizeable" contract with Fieldwood Energy.
Shell said today that it had taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia.
Aberdeen is a fertile ground for innovation and entrepreneurship, and this is showing no signs of slowing down in the near future.
The times they are a-changing and the energy sector is changing more than most.
The developers of a £23.8 billion project to export Canadian natural gas are taking on a bold strategy: build now and worry about buyers later.
ConocoPhillips is selling its stake in East Timor's Greater Sunrise gas field back to the government for $350 million.
Norwegian energy giant Equinor is in the running for Chevron's 40% interest in the Rosebank field, a news report said.