Is the oil and gas exploration minnow Antrim about to croak? Read the notes of yesterday’s result statement and you will find that the company itself admits to “significant doubts” about its ability to continue trading.
In the first part of his briberty series, Brodies' associate Paul Marshall looks at the steps which businesses who discover bribery connected to their organisation can take with the authorities to reduce the risk of prosecution.
Rightly or wrongly, the oil and gas sector is viewed as being vulnerable to bribery and corruption. The UK Bribery Act 2010 sets down the foundations to encourage prosecutions of corruption in business, especially British businesses with overseas operations. In the first of two articles on this subject, Paul Marshall considers how the Bribery Act increases the risk of prosecution for corruption.
In order to utilise quality to bring about an effective HSE system, first it must be defined. This in itself is a challenge as quality is often about the perception of the individual.
Mexico is set to open its doors to private investment in its oil and gas sector. The Mexican petroleum market has been controlled by the state-run entity, Pemex, for 75 years and during that time there has been no scope for outside investment.
I've avoided getting involved to date in the arguments about future oil revenues if Scotland votes for independence next year and am still reluctant to do so.
In recent years, the UK economy has faced some of the most difficult times in its history.
It was inevitable that the question of oil revenues would feature prominently in the Scottish constitutional debate; witness the various and widely reported lively exchanges last month.
What is the value of the Falklands to London today, bearing in mind that the islanders have the right to determine their own future; it is they who will harvest tax revenues and royalties from Big Oil and NOT the British Treasury?
The outcome of the referendum on Scottish independence next year will be critical in determining how the future of energy and particularly oil and gas pans out.
It would be fair to say that when it comes to renewables potential Scotland is up there with the world’s best.
At 14 years old, I took my first flight over stunning Scotland, which sparked a life-long passion for aviation and in 2006 led to me building my own Spitfire aircraft.
In the interest of continuous safety improvements we need to demonstrate an interest in every employee’s safety within the industry – not just our own.
The UK's shale gas reserves have featured prominently in the news in recent weeks following several important announcements which have sought to illustrate and, ultimately, unlock the potential of this energy source locked deep beneath our feet.
It is hoped that the strike prices will help give investors the confidence needed to provide the early investment need for major new infrastructure projects, writes Keith Patterson of Brodies.
Fergus Ewing, Energy Minister, and Ian Couper, Energy North chief executive, give their views on the steering group.
Listening to safety workers as they read aloud the names inscribed in granite beneath Sue Jane Taylor's Piper Alpha memorial, I was overcome with emotion, writes Les Linklater.
This week Ofgem will examine a whole range of options – put forward by a specialist panel – on how generators might be charged in the future, with the opportunity to make a more level playing field for renewables, writes Martin McAdam
The Government has published its consultation document on the use of offshore employment intermediaries - and this has significant implications for employers in the oil and gas sector, writes Sean Saluja.
Ken Milliken of KPMG explores why oil and gas companies could learn lessons about reputational and commercial fallout from high profile supply chain breakdowns like this year’s horsemeat scandal...
The SNP’s energy minister Fergus Ewing is not listening to reasonable requests for a public inquiry into the events that led to the failure of the coal sector, warns Willie Rennie.
Obesity is a big problem for the oil & gas sector and, like the size of offshore workers, it's growing, writes Verity Clark. But what does a heavier workforce mean for an employer?
With so many voices out there, the landscape has become confusing for those trying to get into the industry, writes David Doig.
There is enormous pressure in many countries to make illegal or undisclosed payments in order to win exploration licences, writes Tony Mackay.
While EU Directives are not meant to make life more difficult, certain countries may prohibit disclosure, causing some companies to have no option but to withdraw from projects, warns Penelope Warne.