Marathon Oil UK has been fined more than £1 million for safety failures after a pipe ruptured and leaked more than two tonnes of high pressure, high temperature methane gas on a North Sea platform four years ago.
Pakistan's ministry of petroleum has said authorities are ending offshore drilling off the Karachi coast in the Arabian Sea after no reservoirs of oil or gas were found.
Proposed strike action by North Sea pilots has been averted after union members voted to accept a pay deal.
The Petroleum Safety Authority (PSA) has confirmed it has launched an investigation into a North Sea leak at the Statfjord field.
Saudi Arabia and other key producers in OPEC signaled their intention to keep oil supplies constrained for the rest of the year, while pledging to prevent any genuine shortages.
North Sea oil production is “struggling” and is due to hit its lowest point in five years, according to a new forecast.
Climate change activists will take to the streets of Aberdeen tomorrow to protest against BP’s oil exploration and production plans.
Three UK workers were injured in a recent pipe lay vessel blast, according to oil and gas contractor Saipem.
North Sea drillers have said they are willing to take strike action over a long-standing pay dispute.
Italian oil and gas contractor Saipem has announced a multi-million deal with Repsol Norge.
Greenpeace has shut down BP’s headquarters in London on the eve of its annual general meeting in Aberdeen.
Oilfield services giant Weatherford International has announced further backing from lenders for financial restructuring plans aimed at significantly reducing its colossal debt pile.
Jersey Oil and Gas (JOG) has posted heavy losses in its full-year results after a “great disappointment” at its Verbier discovery in the North Sea.
Think of an entrepreneur and it is likely a squillionaire comes to mind. The most recent Rich List highlights a number of those who have made their fortunes as entrepreneurs in the north of Scotland.
Pipeline repairs have shut down production at three North Sea platforms.
Siccar Point Energy has kicked off drilling at its Lyon prospect in the West of Shetland.
The evacuation of some Exxon Mobil Corp. workers is “unacceptable and unwarranted” because it has nothing to do with the security situation in southern Iraq, according the country’s energy minister.
Scottish oil firm Cairn Energy has said it has lived up to its production guidance for the first part of 2019 and hailed the performance of the North Sea Catcher field.
Having entrepreneurial spirit is one thing, but protecting your brilliant idea for a new product or service is equally important for innovative self-starters.
A Subsea UK event in Aberdeen next week is aimed at helping companies finance their growth ambitions.
Oil started the week strongly after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trump threatened the country in a tweet.
Shell UK’s Braefoot Bay terminal was cordoned off following a gas leak in the early hours of Friday morning.
Anglo-Dutch energy giant Shell said today that it would call for the removal of a resolution on climate change at its annual general meeting.
A tourism boss has set out hopes that a series of oil and gas events could help bring a recovery for Aberdeen’s hotel market this year.
Another “shareholder spring” is gathering momentum after North Sea operator Premier Oil became the latest company to face the wrath of investors over its pay awards for top bosses.
