Shell approves plans to expand North Sea gas hub
Energy giant Shell has green lit a scheme to reroute gas from its Shearwater hub to St Fergus in Aberdeenshire.
Energy giant Shell has green lit a scheme to reroute gas from its Shearwater hub to St Fergus in Aberdeenshire.
Norwegian energy giant Equinor has said that a reported gas leakage at its Mongstad facility has been plugged.
Azinor Catalyst has received interest in developing three large-scale North Sea fields.
An oil field in the central North Sea has resumed production seven years after a leak forced its shutdown.
The activists who rankled Royal Dutch Shell Plc by filing climate-change resolutions for three straight years now are targeting other oil majors.
Following the lifting of a number of sanctions by the U.S., and the EU, in connection with the Joint Comprehensive Plan of Action (JCPOA), Iran was seen as a significant opportunity for the European oil and gas industry. But the so-called “snapback” of U.S. sanctions, following its JCPOA withdrawal, has dashed these hopes.
OPEC’s surprise output reduction has wrong-footed short-sellers.
Production cuts of 1.2 million barrels a day agreed by Opec and its allies fall short of what was needed to rebalance the market, an analyst has said.
Shadow Chancellor John McDonnell yesterday said he would produce a tax regime that supports the oil and gas industry if Labour wins power at a general election.
Opec and its allies have agreed to cut global oil production by 1.2million barrels per day in a bid to end the recent oil price fall.
OPEC finally broke an impasse over production curbs, agreeing on a larger-than-expected cut with allies after two days of fractious negotiations in Vienna.
The private-equity backed group which bought Aberdeen offshore survival trainer Survivex has opened a new office in China's oil and gas heartland.
Norwegian oil giant Equinor has been granted a multi-million pound extension on its Troll Phase 3 project.
Around 1,400 onshore jobs in oil and gas based in Aberdeen are expected to be lost in the next three years, according to a new report.
Premier Oil has completed the sale of its interests in the Babbage Area and nearby Cobra discovery in the North Sea to Verus Petroleum.
A backstop could be placed on the recent oil price freefall if traders are convinced OPEC proposals to cut production are "for real", according to a leading petroleum economist.
Nearly 300 tonnes of oil and chemicals accidentally spilled into the North Sea in 2017, according to a new environmental report.
Wealth management firm Charles Stanley has set up shop in Aberdeen as part of its plans for expansion in Scotland.
Environmental campaigners have accused the SNP of “climate hypocrisy” after an Aberdeen MP backed new tax breaks for the North Sea oil industry.
Global offshore drilling firm Seadrill has introduced a numbers of measures to revolutionise rig work, according to the company's data chief.
Chevron raised its spending budget for the first time since 2014 even as crude prices plummet, doubling down on U.S. shale.
OPEC ended talks without a deal on oil production cuts for the first time in nearly five years as Russia flexed its muscles by so far refusing to commit to the big output curb that Saudi Arabia is demanding.
Well, how do you sum up a year like 2018? There’s certainly been no shortage of talking points, that’s for sure.
Neptune Energy has confirmed that it has submitted a Gjoa tieback proposal for the Cara project to the Ministry of Petroleum and Energy.
The UK’s oil and gas industry has clearly been through some challenging times.