17-week diesel price rise streak is longest for two years
Diesel car drivers have been hit by the longest streak of weekly fuel price rises in more than two years.
Diesel car drivers have been hit by the longest streak of weekly fuel price rises in more than two years.
Early shale developer Chesapeake Energy said Tuesday it is acquiring Houston's WildHorse Resource Development for $3 billion in cash and stock.
BP is gearing up to leave European competitors in the dust, at least when it comes to spending the industry’s enormous cash pile.
Oil slipped on concern that an escalating trade dispute between the U.S. and China will dampen global growth at a time when American crude inventories are growing.
U.K. greenhouse-gas polluters may see their costs for emitting carbon dioxide limited if the nation crashes out of the European Union without an agreement.
UK energy major BP said its "strong operating performance" had helped it lift pre-tax profits by more than 80% in the third quarter of 2018.
The oil and gas industry welcomed the chancellor’s announcement on stable tax measures and plans to make Scotland a “global decommissioning hub”.
Three north and north-east firms have been singled out for special praise in an annual review of the UK’s legal market.
The Chancellor has issued a call for evidence on plans to make Scotland a global decommissioning hub, but has been warned the UK must act quickly.
A new report from the Oil and Gas Authority (OGA) has highlighted that the number of plugged and abandoned wells in the North Sea has overtaken fresh drilling as exploration continues to drop.
A north-east oil and gas technology firm has opened two new offices in a bid to support demand for its pioneering, torpedo-esque data logging tool.
The chancellor announced a change to off-payroll working rules in yesterday's budget for the private sector, which could have wide implications for the oil and gas industry.
ScottishPower bosses have confirmed that they are "definitely going for" and are "actively engaged" in the offshore wind market north of the border.
Simec Atlantis Energy will beef up the MeyGen tidal array in the Pentland Firth with at least two more of its 2 megawatt turbines.
Estimates for North Sea oil revenues have been upwardly revised by an average of £1.2billion per year by the Office for Budget Responsibility.
The godfather of offshore wind has said that most big developers in the sector "are likely to engage with floating wind sooner of later" as they realise the benefit.
Motorists have been warned to expect traffic chaos as huge wind turbine parts are transported through Aberdeen over the next six weeks.
The winning design has been unveiled for next year’s Offshore Achievement Awards trophy.
Shrouded by opaque, inefficient and antiquated processes, the energy sector has long called for innovation to disrupt the status quo. But lacking in know-how and resources, businesses have stayed on the same procurement track, defaulting to traditional but costly methods of buying and managing their commercial energy. Till now, brokers have held all the aces in the pack, but the rise of young, disruptive companies that are harnessing technology to drive change is slowly shifting the balance. Bold and determined, these disruptors-with-a-conscience, have beefed up the competition and positioned the energy procurement sector on the precipice of a new era. Jonathan Anstey, Head of Partnerships at Open Energy Market, shares his insight on why standing still will be a risky business. Taking a birds-eye view of the state of innovation across the commercial energy sector, it’s easy to identify a clear difference between efficiency and procurement. In terms of efficiency and incentivising organisations to reduce their consumption of energy, innovation is pretty well advanced, though there’s always room for improvement.
The UK Chancellor has confirmed the North Sea tax regime will be maintained, putting to rest concerns over a potential cut as the oil price stabilises.
Work has once again been halted at Cuadrilla’s fracking site in Lancashire after the fourth “micro-seismic event” in the last week.
A bus firm has been forced to postpone the roll-out of a new service connected to the Aberdeen bypass due to uncertainty over when the road will finally open.
Oilfield services firm Weatherford International said Monday it reported a $199 million loss in the third quarter, which still represents a small improvement from a $256 million loss last year.
Russia is set to suffer the biggest revenue losses from rules mandating cleaner marine fuels from 2020, because the world’s top exporter of the sulfurous residual oil that powers ships doesn’t look prepared for the change.
Saudi Arabia is scaring hedge funds.