Back to the Marc Rich days as US investigates commodity traders
Not since the days of fugitive oil merchant Marc Rich has the commodities trading industry faced so much global scrutiny.
Not since the days of fugitive oil merchant Marc Rich has the commodities trading industry faced so much global scrutiny.
Investments in North American oilfields are expected to be down this year while international markets are expected to grow, Schlumberger CEO Paal Kibsgaard said.
TechnipFMC has won a contract with Eni for the Merakes project off the coast on Indonesia.
RockRose Energy said today that it had offered to buy the debt of takeover target Independent Oil and Gas (IOG) for £52.5 million.
Royal Dutch Shell has renamed First Utility as Shell Energy as it announced it has switched all of the supplier's British residential customers to 100% renewable electricity.
A new resource has been launched to help usher in a new era of North Sea oil and gas exploration.
China’s oil giants aim to spend the most in five years in pursuit of higher energy output. But unlike global rivals investing in top-tier assets, the state-owned producers are trying to boost supply from fields that are either old and high-cost or new and challenging.
An Aberdeen team has solved an “age-old” industry challenge for North Sea platforms.
The Scottish Government has been urged to ban fracking after a legal opinion indicating it is within the power of MSPs.
Passers by often stop and stare in fascination as Stuart Johnstone goes about his work, but then it’s not every day you see a floating tank chug its way across a loch, complete with a Jack Russell on board.
Tenaris said it will pay more than £900 million ($1.2 billion) to buy the Houston-based piping company IPSCO Tubulars.
CNOOC International has contracted Norway’s Island Drilling to drill a well for its Howick prospect west of Shetland.
Natural resources in Scotland have been valued at one-third of the UK's total by a groundbreaking new study.
A.P. Moller-Maersk A/S is about to conduct the shipping industry’s biggest test yet of biofuel as it seeks to cut emissions and meet its target of becoming carbon-neutral by 2050.
The chief executive of oilfield services firm Archer has stood down.
Norwegian energy giant Equinor completed its three-day lift of the Johan Sverdrup platform in the early hours of this morning.
The boss of North Sea oil producer EnQuest said yesterday he believed the region could yield further discoveries to extend its lifespan.
North Sea oil firm i3 Energy has today announced the site survey contractor for the first phase of its Liberator project.
A “natural decline” in production and unplanned outages halved earnings from Taqa’s European business in 2018.
CHC helicopters and Aberdeen University have won a £54,000 grant for a research project into the psychological factors influencing flight safety.
Hundreds of workers who are part of North Sea diving crews have rejected a revised pay deal made on behalf of six employers.
An offshore worker has thanked the people who helped save his life after he had a heart attack on board a North Sea oil rig.
US oil and gas firm Murphy OIl has announced the £21.5 billion sale of it's Malaysian portfolio to Thailand's national oil company PTTEP.
A new UK Government-backed carbon capture advisory group will include representatives from BP and Shell.
In the $40 trillion global oil-trading market, the smallest clue can be worth millions.