Ecuador to open up onshore licencing round
Ecuador will launch an eight block oil and gas licensing round, the country's energy minister has announced today.
Ecuador will launch an eight block oil and gas licensing round, the country's energy minister has announced today.
Oil and gas subsea specialist Enpro Subsea has announced it is adding to its South American team in an effort to expand it's Brazilian portfolio.
Two former DUP special advisers are at odds over whether a bid was made to delay cutting the cost of a botched green energy scheme in Northern Ireland.
The Scottish Government's claim today that it wants to 'rebuild exploration activity' in the North Sea has been labelled as contradictory and confusing by a Green MSP.
An oil boss now working in Malaysia ruined his trip home to Aberdeen after being arrested for sending messages to his ex-wife threatening to beat up her new partner.
A ‘use it or lose it’ warning has been issued as it emerged a number of top operators don’t have North Sea drilling plans.
Siccar Point Energy has delayed the drilling of an exploration well on one of the North Sea’s hottest prospects until next year.
Unite workers have “emphatically rejected” a pay offer from Total, which were aimed at averting further North Sea strikes.
Significant progress in cost reduction in the oil and gas sector is likely to bottom out this year, according to a new report on the performance of supermajors.
Energy giant Shell has hinted at another North Sea project being sanctioned in the coming weeks.
Oil and Gas UK said “there will be no miracles here” as it yesterday outlined the cautious approach needed for the sector emerging from the downturn.
Unemployment in some parts of the north and north-east is falling faster than national trends, new figures showed yesterday.
SSE said warm weather and high gas prices have seen its operating profits drop £190million lower than expected in the first five months of the year.
Oil exploration firm Cairn Energy has blamed heavy half-year losses on tax row with Indian authorities.
Odfjell Drilling and Ithaca Energy have today agreed a deal for a North Sea well drilled by the Deepsea Bergen, plus optional additional wells.
Aberdeen-headquartered Faroe Petroleum has been granted permission to drill an exploration well at the Rungne prospect.
North-east firms can cash in on India’s drive to reduce oil and gas imports by 10% by 2022, guests heard at an Aberdeen event.
Europe’s largest oil companies must roughly double the amount of money they’re now dedicating to “new energies” by the end of the decade to meet key climate targets, according to a report from JPMorgan Chase & Co. that suggests the challenge facing the fossil fuel industry has been vastly underestimated.
The SNP has called on the UK Government to ensure freedom of movement post-Brexit following a warning it could lead to the shutdown of North Sea platforms.
Fracking firm Ineos has announced its intention to invest £60 million in the expansion of its Grangemouth site.
More than two weeks of nearly uninterrupted price gains for crude oil ended this week, with the rally running out of steam. The question is what happens next?
After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21 billion market.