Chedid and Salibi are due to appear in Westminster Magistrates’ Court on February 19, 2024 to hear the charges.
Oil & Gas
Gabon Oil Co. (GOC) has sealed the acquisition of Assala Energy, with Maurel et Prom acknowledging defeat.
Eni's fourth-quarter profit matched estimates as its natural gas business helped to offset weakness in refining and chemicals.
Valaris has revealed a number of contracts in UK waters in its latest fleet status report as it boasts a $3.9 billion backlog.
More than 700 concerned voices, including Aberdeen business tycoon Sir Ian Wood, have signed the letter demanding a U-turn.
“There are more and more comparisons to be drawn” between the large-scale miner's strikes of the 1980s and the effects of Labour’s windfall tax hike, unions say.
“We cannot afford to lose even 50 women from the energy industry” AXIS Network said following Aberdeenshire Council’s plan to end all out-of-school care.
Trafigura Group is facing sizable losses related to its oil activities in Mongolia, according to people familiar with the matter, in a fresh blow for the company that has risen to become one of the world’s top commodity traders.
Dolphin Drilling announced the official transfer of two Transocean rigs bought last year as it looks to meet rising demand in the UK North Sea.
Pilots flying from an oil rig in the North Sea lost control of the helicopter for 40 seconds, air accident investigators have found.
Centrica saw a dip in full-year earnings, while those of its North Sea producer Spirit Energy held in line with 2022 as higher gas prices offset declining output.
The majority of the energy service giants employees are based in the Granite City.
Eni has reported success at the Cronos-2 well offshore Cyprus, noting “excellent gas deliverability capacity” at the find.
EnQuest (LON: ENQ) said Thursday it will push on with plans to slash emissions at its Kraken FPSO using gas from a new tie-back to the Bressay oilfield.
David Lockwood, the CEO of engineering giant Babcock is to join the board of Aberdeen-headquartered Wood Plc (LON: WG).
20,000 job losses predicted as “best case scenario” under Labour plans.
“Two or three years ago all you would hear about [from policymakers] was decarbonisation. Now, I think there’s much more balanced conversation around security of supply, affordability and decarbonisation,” Hill said.
Emirati energy and utilities giant Taqa reported bumper profits for 2023 from its new stake in Adnoc Gas, but decline from North Sea assets prompted a 7% slide in production.
"Building on our long-standing strategic partnership with BP, Adnoc looks forward to continue exploring other opportunities as we collectively seek to decarbonise our operations and lead a just and equitable energy transition.”
Thousands of dollars in bribe payments from oil trader Vitol Group were handed over to a Mexican oil official in a Houston parking lot, a federal jury in Brooklyn, New York, heard on Monday.
A concession will likely need to be made to get the $11.2bn asset deal through, says Munich-based expert
The team behind a fitness company targeting the unique challenges faced by offshore workers has released a new app after a wave of interest in their programme.
"The BOP has been checked and tested by the OEM representative on board the rig and declared safe and ready for operations. Island Drilling is evaluating all legal recourse at its disposal to contest the termination."
London-listed Capricorn noted that if first oil occurs before June 30, 2024, Woodside would owe it $25 million - or $50 million.
Banff and Buchan MP David Duguid failed to declare his wife’s £50,000 shares in BP while speaking in three debates about the windfall tax, a parliamentary watchdog has ruled.