Iran has greeted the re-imposition of US sanctions with air defence drills and an acknowledgement from President Hassan Rouhani that the nation faces a "war situation".
Oil firm Serica Energy took another step towards completing a series of UK North Sea acquisitions today.
Oil and gas recruitment entrepreneur Andrew MacDonald has resurrected the name Maxwell Drummond more than two years after the previous business folded.
The UK is now “on the road” with decommissioning, and as such costs are slowly but surely becoming more certain, according to the new chief executive of Decom North Sea.
Oil sceptics have been proved right in downplaying sanctions against Iran.
Trade union officials and employers will hold crunch talks over offshore workers’ pay this week in a bid to avert widespread strikes in the North Sea.
Oil companies saw soaring profits during the third quarter as they emerge worst-in-a-generation crude slump. The main takeaway is that while results are mostly above or in line with expectations, it’s getting harder to impress investors, even with large buybacks.
Reabold Resources will invest £3 million Rathlin Energy in exchange for a 37.08% equity interest in the firm.
Calls have been made for the contractors of the Aberdeen bypass to appear before Holyrood to explain the delays.
Strong deals activity in the North Sea is driving growth for the specialist oil and gas team at Scotland’s largest law firm.
The International Marine Contractors Association (IMCA) has brought together an impressive line-up of speakers for its two-day Annual Seminar in The Hague, on November 28-29, 2018.
Does the fear of pipeline leaks and ruptures keep you awake at night? You don’t need us to tell you that the impact of pipeline corrosion, cracks and leaks can be significant. The operational costs due to shutdown and repair, and the lost profit and liability costs associated with pipeline rupture can surpass millions of dollars.
The UK's world-leading climate legislation is not currently "driving the kind of progress we need" on cutting carbon, environmental lawyers have said.
Aberdeen is seeing an increase in mergers and acquisitions activity as confidence returns to the offshore energy sector, according to Grant Thornton.
The end of October was a busy spell in the world of data protection and privacy law. Facebook was fined £500,000 for data sharing with app developers in a way that wasn't transparent and secure. Morrisons was found liable in a group action raised by employees after a rogue employee stole employee data. However, controversially, the even bigger news was the speech by Apple's Chief Executive Tim Cook, praising the EU's General Data Protection Regulation (GDPR) and called for a US equivalent.
Aberdeen’s massive oil wealth has not been shared equally among the city’s residents, the council’s co-leader admitted yesterday.
Drivers lost out as fuel retailers refused to cut petrol prices last month despite a drop in wholesale costs, a motoring firm has claimed.
Decommissioning firm Well-Safe Solutions has appointed a chief operating officer from within the company.
The Trump administration has announced the reimposition of all US sanctions on Iran that had been lifted under the 2015 nuclear deal.
A trade mission from Guyana will visit Aberdeen later this month to foster business links with north-east oil and gas companies.
US oil major ExxonMobil today reported its highest quarterly cash flow since 2014 as crude and natural gas prices strengthened.
Midnight on Sunday will mark a dividing line in the world of oil. Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the U.S. government.
The U.S. has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration official said.
Oil headed for the biggest weekly loss since February as the U.S. softened its crackdown on Iranian exports and American supplies surged, assuaging fears of an impending shortage.
Drilling company Ades International Holding has bought 12 onshore rigs from Weatherford in Kuwait for £94 million.