Shell chief exec pockets nearly £18m in 2018
Shell chief executive Ben van Beurden took home nearly £18 million in pay last year as a reward for spearheading the energy giant's "transformation".
Shell chief executive Ben van Beurden took home nearly £18 million in pay last year as a reward for spearheading the energy giant's "transformation".
A new report has lowered forecasts for UK oil and gas revenues by an average of £600million per year to 2024.
Scottish oil firm Cairn Energy has booked Stena Drilling for a UK North Sea exploration well later this year.
BP has announced a three-year strategy to reduce emissions in the global oil and gas supply chain.
UK energy service firm Petrofac has clinched a £750 million deal to provide engineering, procurement and construction services for a project in Algeria.
A government consultation has been launched on how to strengthen the UK’s oil and gas decommissioning capabilities.
Italian oil firm Eni today announced a major discovery off Angola. The Agogo discovery is thought to hold 450-650 million barrels of oil. The well was drilled by the Poseidon drillship. Agogo follows other commercial discoveries at Kalimba and Afoxé. Eni operates the block with a 36.8% stake. Its partners are Sonangol and SSI Fifteen.
Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta.
The U.S. government cut its oil production forecast for the first time in six months as drillers scale back in smaller shale plays and the U.S. Gulf of Mexico.
Inverness-based Global Energy Group (GEG) has announced multi-million pound plans to add more than 800 feet of new quayside to its Nigg Energy Park facility at the entrance to the Cromarty Firth.
Cairn Energy’s chief executive has said costs around the Kraken project will not deter the firm from further investment in the North Sea.
Port of Cromarty Firth (PCF) chief executive, Bob Buskie, last night said that expansion projects totalling more than £100million by his organisation and the Global Energy Group (GEG) would help secure “jobs and prosperity” for the area.
One of the world’s largest civilian cargo planes has helped deliver two helicopters to Aberdeen for Babcock Offshore’s North Sea operations.
Aberdeen-headquartered Exceed has secured a major contract to drill the first deepwater well off the coast of Guinea Bissau in West Africa.
Union members at the Shetland Gas Plant have started the first of a series of 24-hour strikes today.
What springs to mind when you hear the word Data? If you are a child of the 80’s like me, your first thought a couple of years ago may well have been the quirky little tech kid from one of the decades favourite movies, Goonies. A couple of years ago maybe, but there are few today that will not be aware of the intrinsic role that data plays in the digital economy agenda and the reshaping of the industries for which it represents the greatest value.
North Sea explorer i3 Energy has managed to raise £16 million through a share placing.
The world is moving in the wrong direction in its fight against climate change, and BP Chief Executive Bob Dudley said that energy companies must step up and play their part to dramatically reduce greenhouse gas emissions.
The industry is still just “scratching the surface” of what can be achieved through greater access to data.
Lloyd’s Register (LR) will scale back its inspection services as part of a wider effort to “reposition” the professional services firm for the energy transition.
Aker Solutions will support the delivery of a subsea compression system for Chevron's Jansz-Io field offshore Australia.
The oil majors are safe from divestments from the world’s largest wealth fund -- for now.
For our European neighbours, there are other big issues around apart from Brexit.
A pilot who was killed in a helicopter crash in the Gulf of Mexico has been recovered.
Scottish oil firm Cairn Energy vowed to go after "material" exploration targets this year despite suffering losses of almost £1 billion in 2018.