An Aberdeen-headquartered firm has announced the successful testing of its subsea power hub on a North Sea asset.
Crude closed at a five-month high after U.S. government data showed the biggest decline in gasoline stockpiles since 2017, offsetting an increase in crude inventories.
Shell's Deer Park rail terminal will undergo upgrades to allow it to ship more diesel and other refined products on the Houston Ship Channel.
Prosafe has been awarded a contract extension at Equinor’s Mariner project amid another setback to first oil from the project.
Oil giant BP has urged its shareholders to vote down a climate resolution due to be proposed by the activist investor group Follow This at its Aberdeen AGM in May.
After weeks of delays, the Transocean Leader rig is now heading to the Greater Warwick Area (GWA) west of Shetland for Spirit Energy.
Higher crude prices should encourage North Sea oil companies to dial down the caution and bring forward more new projects, a prominent petro-economist said yesterday.
The need for newer North Sea players to grow could be a “catalyst” for more M&A deals this year, according to an investment banker.
An Aberdeenshire firm has invested £1 million to bring four of its divisions together under one banner.
Energy services firm Aker Solutions has set up a new venture which will use the world’s first “topside-less” subsea oil recovery system.
Scottish firm Weir Oil and Gas has announced it has signed a Memorandum of Understanding (MoU) with Azerbaijan State Oil and Industry University (ASOIU).
A trio of offshore discoveries made by Exxon Mobil has set 2019 up to be the biggest year for new finds since the last oil price collapse in 2014.
Major oil and gas firms are "anticipated" to undertake a large-scale shift into the renewables marketplace, according to a new report by Pinsent Masons.
Saudi Arabia took its first major step onto the global financial stage to fund the heady ambitions of its crown prince, issuing $12 billion of bonds for its state-run oil company in one of the most oversubscribed debt offerings in history.
Algerian protesters have rejected the interim leader named to replace former president Abdelaziz Bouteflika, shouting "out with the system" as they called for the dismantling of the political hierarchy that has led Algeria for two decades.
Oil held gains near the highest since late October as an escalation of geopolitical conflicts in Libya and Iran belied technical indicators suggesting the rally is overdone.
Total has reached an agreement with the government of Papau New Guinea allowing work to begin on a $13bn (£9.9bn) project to roughly double the country’s energy exports.
Saudi Aramco, the world’s largest oil company, has received $85 billion in orders for its debut bond sale, an offering where yields may fall in line or below Saudi Arabia’s sovereign debt.
Energy chiefs have insisted a shortage of women looking to join the sector is partly to blame for the gender pay gap in the north-east.
An Aberdeen-headquartered firm has reached a major milestone in its quest to become the oil and gas industry’s top well-decommissioning specialist.
North Sea explorer i3 Energy has hired a rig for a 94-day drilling campaign this summer.
One of the Highlands’ largest private sector companies, the Global Energy Group (Geg), has emerged as the employer with the biggest gender pay gap in Scotland.
A new report shedding light on the skills the UK oil and gas sector requires over the coming years will be published in Aberdeen next month.
TechnipFMC has won a “significant” contract for work on the Lapa oilfield offshore Brazil.
Saudi Aramco, the world’s largest oil company, has received $75 billion in orders for its debut bond sale, kickstarting an offering with yields likely to fall in line or below Saudi Arabia’s sovereign debt.