Restrictions on offshore travel will be tightened in a bid to stop the deadly coronavirus spreading across the North Sea, an industry body has said.
Premier Oil "retains significant liquidity" despite concerns voiced by a major investor that the firm is "running out of cash", according to a new trading update.
Cluff Natural Resources ‘remain on-track and operations are unaffected’ amid oil price crash and Covid-19
Cluff Natural Resources' (CLNR) operations and planned work "remain on track and are unaffected" by recent share price volatility and the coronavirus (Covid-19) outbreak, the firm has said.
Respsol Sinopec Resources UK (RSRUK) has confirmed its intent to press ahead with the Tain development in the Outer Moray Firth.
Shell chief executive Ben van Beurden’s total pay package was cut in half last year, but he still took home a whopping sum of almost £9 million.
Oil and gas firm Equinor has confirmed that it has begun down-manning procedures on its Martin Linge platform in the Norwegian section of the North Sea.
Spanish oil and gas firm Repsol has confirmed that a workers at the company's Andalucia office has been diagnosed with coronovirus (Covid-19).
Independent Oil and Gas said today that its “core project” in the southern North Sea was proceeding to plan despite the recent market volatility.
Oil’s historic price crash is presenting an uncomfortable dilemma to China’s energy majors: follow market signals to cut drilling, or heed President Xi Jinping’s orders to boost output.
Sasol’s share price has declined by more than 80% since the beginning of the year, with the company saying it would accelerate efforts to cut costs and sell assets.
Spills in Nigeria for Shell increased to 2,000 tonnes in 2019, from 157 sabotage incidents, the company has disclosed in its annual report. This was up from 1,600 tonnes from 111 incidents in 2018.
Premier Oil Plc needs to review its debt obligations as it faces the likelihood of running out of money soon with oil prices at less than $40 per barrel, according to its largest creditor.
Tullow Oil has slashed spending in 2020 and set out major disposal plans in an attempt to weather the storm.
Work is still ongoing to restore full power to BP’s ETAP platform in the North Sea, three weeks after a small fire caused the installation to be down-manned.
An Aberdeenshire oil worker under quarantine in China has said he “doesn’t know” when he will be able to return to the UK.
Oil and gas giant Equinor has confirmed that it is "responding to a suspected case" of coronavirus on board its Mariner platform in the UK North Sea.
Forecasts for the UK's North Sea tax receipts have been halved for the next financial year, but the recent oil price plummet could have an even more drastic impact.
Oil and Gas UK (OGUK) has decided to chop up one of its flagship industry reports and cancelled key events in response to the coronavirus outbreak.
Any lingering hopes of a reprieve for North Sea oil workers from an unpopular tax reform were dashed by the Chancellor today.
A lack of any change – even any mention – of oil and gas is a “welcome move” from the new Chancellor’s budget, according to a leading analyst.
The Chancellor gave a tantalising hint that an emissions-busting project near Peterhead could be in line for a huge cash injection.
Saudi Arabia and Russia’s price war is handing over a multi-billion dollar profit opportunity to the world’s largest oil traders.
If Donald Trump wanted to shield U.S. shale from oil’s crash, he could unleash a familiar weapon against rival producers such as Saudi Arabia: tariffs.
Energy companies swiftly slashed spending and dividends after oil prices on Monday suffered their biggest one-day decline in 30 years.
Oil and gas minnow Tailwind Energy is pressing ahead with a project to develop the Evelyn field in the central North Sea.