MP ‘deeply disappointed’ by decision not to hold helicopter safety inquiry
A north-east MP says he is disappointed a public inquiry will not be held to examine the issue of offshore helicopter safety in the North Sea.
A north-east MP says he is disappointed a public inquiry will not be held to examine the issue of offshore helicopter safety in the North Sea.
New technologies designed to support the development of shale gas reservoirs in the UK will be on display at Unconventional Gas Aberdeen 2014 next week.
Jone Joakimsen had to accept less money than he asked for when he sold his house outside Stavanger, Norway.
Oil demand will be higher in 2014 than previously estimated as global economic growth recovers, the International Energy Agency said. Pressure on supplies will ease in coming months as seasonal consumption dips.
Emerging markets-focused electricity provider Altaaqa Global has secured three quality and safety certifications for its rental power division.
Gresham Capital has sold its majority stake in Aberdeen’s ICR Integrity in a deal thought to be worth up to £60million including debt.
Upstream newcomer Rock Oil has raised $250million from private equity firm Riverstone Holdings to build shale acreage and production in West Texas.
Italian-focused upstream firm Sound Oil is set to begin operations in the San Lorenzo Production Concession following an approval by the country's government.
BP has entered an administrative agreement with the United States Environmental Protection Agency (EPA) on the British multinational's business in the country following a suspension over the Deepwater Horizon disaster.
Economists have called on the Chancellor of the Exchequer to incentivise investment in the North Sea as well as to provide other corporate tax breaks in next week’s Budget in order to support Scotland’s economic recovery.
Frontier fields in the Barents Sea and west of Shetland are providing “exciting opportunities” for offshore oil services company Subsea7, the firm has claimed.
Residents of the former fishing and farming community of 3,000 in the Ogoni region of southeast Nigeria, fed up with the third and largest oil spill in five years due to sabotage of pipelines, packed up and left the village.
Full production has begun from the Juliet North Sea gas field, operator GDF Suez has confirmed.
North Sea oil producer Wintershall is to spend more than £3billion on increasing oil and gas production over the next five years, the German firm has confirmed.
The new boss of oil giant Shell admits the company's North Sea operations last year were 'disappointing' as he targeted improvement from its production.
Brazilian state oil firm Petrobras says it has made another significant find in the deep-water Potiguar Basin.
The British operators of a key oil field in Kurdistan have been given a major boost after surveys revealed the scale of the prospect.
London-listed Alkane Energy is in talks with several companies in the shale gas industry about taking a partnership share in its British onshore concessions likely to contain sizeable shale gas resources.
South Africa has given the green light to a new minerals law change which the country's oil and gas sector has warned could destroy the industry.
North Sea explorer Tullow has declared force majeure on a project off Guinea after US justice chiefs launched an investigation into their partners in the scheme.
Plummeting oil revenues have contributed to a reversal in Scotland’s economic fortunes relative to the UK in the last year, official figures show.
Asia-focused explorer Salamander Energy is hoping to expand commercial gains from its Indonesian onshore licence following successful West Kerendan appraisal.
US oil firm Energy XXI is set to become the largest independent producer in the Gulf of Mexico after launching a £1.4billion takeover of rivals EPL Oil and Gas.
The boss of giant Chinese oil refiner Sinopec has warned that residential areas remain at risk from its pipeline after the explosion last year which killed 62 people.
North Sea-focused operator Independent Oil & Gas has appointed Paul Murray as a non-executive director.