CHINESE predators are said to be circling the Brazilian assets of energy company BG Group.
Norwegian energy giant Statoil has been given approval to go ahead with its plans to develop its Stjerne and Vigdis North-East fields.
French energy giant GDF Suez could sell stakes in some North Sea assets to Eni, chief executive Gerard Mestrallet said yesterday.
General Electric (GE) Energy Financial Services said yesterday it had launched a lending programme for North Sea operators.
Consumers were dealt a double blow yesterday - with a huge price rise in gas and petrol-pump costs continuing at high levels.
London Brent crude jumped more than 2% to over $115 a barrel today after major central banks moved to boost European bank funding and regional leaders offered strong support for Greece.
A new scheme to inject more dollars into the European financial system helped banking shares lead world markets higher today.
North Sea exploration firm Trap Oil said today that it hoped to start producing in the region by the end of this year.
CHANCELLOR George Osborne was urged last night to follow the expected 5p-a-litre cut in fuel duty in the isles with a freeze in tax on petrol and diesel for everyone.
The European Commission has paved the way for the UK Government to launch a cut-price fuel scheme for the islands as early as November 1.
A new initiative to help north-east energy companies explore business opportunities in Iraq has been announced by Aberdeen City Council.
Shares in oil and gas explorer Desire Petroleum fell 11% to 19p today after it said it was continuing to look for finance to restart its drilling campaign.
ENERGY giant Centrica hosted a presentation to investors on its British Gas unit and the said the meeting was described as "reassuring".
London's leading index ended another volatile week deep in the red again as Britain's biggest banks wobbled ahead of a key report on sector reform.
Barclays Corporate oil and gas team announced today it had provided funding for global energy deals amounting to £782million so far this year.
OIL and gas logistics firm Asco has won a £1.1million contract with Statoil for work related to its Gudrun development in the Norwegian North Sea.
THE FTSE 100 index continued its rebound yesterday as positive job and manufacturing data from America caused a last-minute push into the black.
Cosalt said yesterday it was ready for a fresh start after clearing most of its debts and recruiting a new senior management team.
VALIANT Petroleum said yesterday the next 18 months had the potential to create a "step change" for the business as it announced strong first-half results.
ABERDEEN oil and gas engineering service firm Plexus Holdings has said it has agreed a £2million framework deal with a subsidiary of Transocean.
BP has completed its £4.42billion acquisition of a 30% stake in 21 oil and gas production sharing contracts operated by Reliance Industries in India.
Russia's Rosneft and US oil major ExxonMobil today signed a strategic deal to jointly develop oil in the Russian Arctic.
THE deepening of the eurozone crisis and fears for the US economy sent world stock markets into retreat in late July and this continued into early August with the FTSE 100 dropping almost 1,000 points to its lowest level for over a year.
A global asset-management fund has upped its holdings in energy service firm Wood Group to 18.02%.