Scottish energy minister Paul Wheelhouse lost out on his business mandate in this week's government reshuffle but was handed the responsibility of Scottish islands and getting the country more 'connected'.
Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high 11 million barrels per day in July, according to Reuters.
Italian offshore construction giant Saipem has today announced the award of a "life of field" operations contract for the giant subsea Zohr field in the Mediterranean Sea.
A boost in the fortunes of the North Sea oil and gas industry should drive stronger growth in the Scottish economy but Brexit continues to pose a risk, a new report has said.
Oilfield services firm Petrofac welcomed twelve students from Kincorth Academy this week in an effort give first-hand insight into the oil and gas sector.
The Crown Estate's director of energy, minerals and infrastructure, Huub den Rooijen, is to join the board of the Offshore Renewable Energy (ORE) Catapult as a non-executive director.
A group of Total employees are understood to have reacted angrily to the firm’s plans to hold a barbecue while they are locked in a dispute over rotas.
Iran’s position in the oil market is looking weaker than ever as a bruising OPEC meeting and tightening net of U.S. sanctions leave it with fewer friends and fleeing customers.
Spirit Energy is preparing to develop the Fogelberg discovery after an appraisal well showed it contains between 40-90 million barrels of oil equivalent.
The NHS could save more than £130 million if it updated its "inefficient and outdated" energy systems, according to data released by Centrica Business Solutions.