Scottish oil firm Cairn Energy's Indian subsidiary has reported a near-ninefold jump in quarterly profits after output climbed.
Oil and gas operator BG Group yesterday revealed a near-£200million tax hit as a result of this year's controversial North Sea tax grab.
BP CHIEF executive Bob Dudley said there was a need for realistic patience after the oil and gas giant struggled to impress investors with its long-term plans yesterday.
Banchory-based Sterling Resources has been given official approval to develop its first large-scale venture, marking a major milestone in the oil and gas explorer's growth.
OIL major BP will announce its second-quarter results on Tuesday.
PETROFAC, the global oil and gas engineering and facility-management group, reports its annual results on Monday with revenue expected to be about £2.31billion and pre-tax profits £260-£270million.