Boost for Barryroe developers as licence expanded
The developers of a giant oil field off the Irish coast have been given the goahead to look for resources across a wider area after having their licence extended.
The developers of a giant oil field off the Irish coast have been given the goahead to look for resources across a wider area after having their licence extended.
US oil and gas producer Nostra Terra has acquired an interest in its ninth well in the Chisholm Trail Prospect in Oklahoma.
North Sea newcomer Nordic Energy says it has identified up to 20 new prospects that could open up significant new plays in the region.
First Minister Alex Salmond has claimed that a Westminster withdrawal of the pound from an independent Scotland would inflict a “George tax” on businesses across the rest of the UK at a cost of some £500million.
The world's top oil benchmark needs fundamental and urgent reform due to dwindling North Sea output, the Scots boss of one of the world’s largest commodity traders said yesterday.
African-focused oil group Tullow has been urged by the Ghanaian government to cut output from the giant Jubilee field - despite the firm facing $100million in lost revenue.
Lundin has begun work on its Indonesian campaign after drilling a wildcat well in the country's Natuna Sea.
Norway is to consider align its offshore drilling regulations with those of the UK in a bid to slash costs for oil firms in the country.
Oil services group Petrofac has picked up £65million of new contract extensions in the North Sea - securing more than 300 jobs across the region.
Downhole isolation firm Meta has helped a North Sea project triple its output.
Billionaire borthers Shashi and Ravi Ruia are looking to buy the rest of Indian energy group in a £200million deal.
Accountant Johnston Carmichael has appointed Graham Alexander as the new head of its oil and gas industry group.
Scottish business leaders have called for fair taxation for the whisky industry and new incentives to “reinvigorate” declining oil and gas exploration.
North-east subsea technology specialist Ecosse Subsea Systems (ESS) has doubled the size of its workforce after winning a £5million contract to design, build and operate a cable-lay system for a major utilities provider.
North Sea major Marathon Oil has been slapped with an improvement notice on its ageing Brae Bravo platform by the Health and Safety Executive (HSE).
A company has been formed to commercialise technology that will help oil and gas companies to improve acquisition and analysis of geophysical data.
Oil and gas infrastructure may need to come into public hands if Britain is to maximise the North Sea’s remaining reserves, a leading oil boss has claimed.
Oil giant BP has hit back over claims the Deepwater Horizon oil spill has caused heart problems for fish in the Gulf of Mexico.
Dana Petroleum has marked a safety milestone with the launch of its floating production storage offloading vessel for the Western Isles project.
Norwegian oil and gas output stayed steady for the first month of 2014, according to figures from the country's petroleum directorate.
Wärtsilä has struck a deal to provide pumping solutions for the new floating storage unit to support the giant Mariner North Sea field.
Technip has landed a deal for project management consultancy on the Zakum oilfield, off Abu Dhabi.
North Sea operator Apache has sold off its Argentine assets in a £480million deal as it looks to cut debts.
Oil giant BP will be dragged back to court after an appeals court over securities fraud claims after an oil spill in Alaska.
UK Chancellor George Osborne has warned that a $20 (£12) fall in the price of a barrel of oil in an independent Scotland would cost 11,000 jobs.