THE Holyrood committee which blamed civil servants for banning former deputy first minister Nicol Stephen from championing Aberdeen's case to host a £1billion energy institute was itself accused last night of "missing the point".
Oil & Gas
The Aberdonian chief executive of international oilfield service group Expro has predicted a "fantastic future" for the business under its new ownership.
Former deputy first minister Nicol Stephen was gagged by civil servants when he tried to secure a £1billion energy institute for Aberdeen, it can be revealed today.
The cost of oil surged to a new record near $144 a barrel yesterday as oil company bosses gathered in Madrid to discuss rocketing prices.
The minister who will lead the Piper Alpha commemorations said the pain of the disaster could be felt across an entire city.
A consortium led by ScottishPower has qualified as an entrant in the UK Government's competition to develop Britain's first commercial scale carbon-capture and storage (CCS) project.
Forth Ports and Scottish and Southern Energy (SSE) said yesterday they were to develop renewable-energy projects around Forth Ports sites in Scotland and England.
Well management company AGR Petroleum Services has bought Aberdeen's TRACS International Consultancy in a deal worth £20million.
Treasury ministers face renewed pressure in the Commons to take action to cool soaring fuel prices.
Oil and gas operator Oilexco has announced a "significant" discovery in UK waters.
OIL prices reached a new record high yesterday before falling back as the London market ended a volatile session in positive territory.
ABERDEEN-BASED software, training and consultancy specialist Monitor announced a contract win yesterday for the oil industry worth a six-figure sum.
The chairman of energy investment-banking firm Simmons and Company International has predicted that oil prices could double or more within a few years.
Bank of England rate setters said yesterday that a further rise in oil prices posed the biggest threat to efforts to bring runaway inflation under control.
LEGAL moves to delay the buyout of oil and gas service company Expro International by a private-equity consortium were rejected yesterday, leaving rival bidder Halliburton out of the running.
Several hundred employees of oil service firm Cape could soon take unofficial industrial action, a North Sea union leader said last night.
ABERDEEN'S All-Energy show, the UK's largest renewable-energy exhibition and conference, has been awarded runner-up spot in the Advocate Award at the British Renewable Energy Awards.
Gas explorer BG Group turned up the heat on Australia's Origin yesterday by announcing plans to make an improved £6.7billion offer direct to shareholders.
The SNP last night seized on an AA survey to show drivers are increasingly holding the UK government responsible for sky high fuel prices.
ABERDEEN-BASED TSMarine (Contracting) has named Roy Franklin as its first non-executive chairman.
Dana Petroleum, the Aberdeen-based oil and gas operator, said yesterday it had secured semisubmersible rigs to drill a further two exploration wells in the same area as its recent significant oil discoveries at West Rinnes and East Rinnes, north-east of Shetland.
FIRST Minister Alex Salmond yesterday stepped up the pressure on Westminster to set up a Scottish oil fund.
AGR Petroleum Services, the oil and gas well management company, has urged smaller, independent operators to be "drill-ready" if they are going to compete with larger rivals in the North Sea.
TELEMEDICAL electro-cardiongram (ECG) monitoring from Broomwell Healthwatch has cut the cost of healthcare for the North Sea oil and gas industry, improved patient care and helped save lives, by providing offshore cardiac diagnosis for the industry's oil and gas rig workers.
Gordon Brown last night raised hopes of a fall in oil prices when he said major oil producing countries had agreed for the first time that they are too high.