Equinor Q1 results beat forecasts thanks to production growth
Equinor (OSLO: EQNR) has beaten forecasts to deliver higher than expected first-quarter results, boosted in part by higher production thanks to its stake in the UK’s Buzzard field.
Equinor (OSLO: EQNR) has beaten forecasts to deliver higher than expected first-quarter results, boosted in part by higher production thanks to its stake in the UK’s Buzzard field.
By Michael BehrThe Fyne oil field, which is being developed by Rapid Oil, Ping Petroleum and Hibiscus Petroleum, has moved from the assessment phase into the authorisation phase.
Investors in French oil major TotalEnergies (LON: TTE) will call for the division of the role of CEO and chairperson of the company, claiming this could speed up its transition towards clean energy.
The UK and devolved governments must show strong leadership to stabilise the economy following the decision to quit the European Union (EU), business and industry chiefs have said.
EDF said it remains committed to building a nuclear plant at Hinkley Point following Britain's vote to exit the European Union.
The pioneers of the Russian oil and gas industry were honoured in a ceremony held in the oil region of Perm.
Norway's largest financial group said the country's oil and gas industry will see the biggest impact from the Brexit vote.
Oil major BP said it was "too early" to understand what implication as decision by the UK to leave the European Union would have.
Prime Minister David Cameron said he will step down by the Tory party conference in October.
The Bank Of England has said it is "monitoring developments closely" after the UK voted to leave the European Union.
Energy Minister Andrea Leadsom has insisted Prime Minister David Cameron should remain in his position despite the UK voting to leave the European Union.
Business groups forecast a “nervy time ” ahead for industry and urged the government to do all it could to maintain stability.
Chancellor Angela Merkel’s coalition is set to ban shale gas fracking in Germany, passing legislation in parliament on Friday that is set to end years of discussion over whether the nation should follow the U.S. in launching a boom in drilling.
World financial markets have been rocked by the UK’s vote to leave the European Union, with stock markets and oil prices crashing and the pound hitting its lowest level in three decades.
Strike action has been avoided in Norway hours before a deadline ended over a pay dispute.
A precision engineering firm in Easter Ross aims to double the size of its workforce over four years after receiving a £210,000 grant from Highlands and Islands Enterprise (HIE).
Gazprom could gain control over some of the assets Shell's recently acquired BG assets in a swap deal, a senior Gazprom executive said.
Norwegian energy giant Statoil has been given until July 8 to explain how it will deal with non-conformities and improvements following an inspection of its Tjeldbergodden facility.
JKX Oil & Gas, the Ukraine and Russian focused operator, said the weakness of the rouble affected revenue in the first five months of 2016, although production levels had increases on the same period from last year.
Shell and Russia's gas major Gazprom will jointly invest $13 billion in three projects in Russia.
Lansdowne Oil and Gas posted a loss of £15million for the year to the end of December - including an impairment charge of £14.95 million.
The long-running and bitter battle for control at Irish exploration company Petroceltic has concluded with main shareholder Worldview Capital assuming full control of the company.
Operator InfraStrata and partner Baron Oil have failed to find hydrocarbons during the drilling of the Woodburn Forest well in County Antrim, in Northern Ireland.
A top boss at one of Scotland’s biggest energy firms has blasted Labour’s anti-fracking stance.
JKX Oil & Gas has confirmed Ukrainian police visited its Ukrainian subsidiary, Poltava Petroleum Company and the homes of two of its senior employees, without notice, searching for documents in relation to the investigation of claims of alleged underpaid taxes which have been made by a local prosecutor.
The Norwegian Petroleum Directorate has granted Eni Norge a drilling permit for a wildcat well in the Barents Sea.
UK Oil & Gas Investments has paid £3.5m to acquire another licence in the highly prospective Weald Basin, near Gatwick Airport.
Europa Oil & Gas has increased its sole operatorship licences in the Atlantic basins offshore Ireland to seven following the latest transfer of two licences from Kosmos Energy.