Noble Group is seeking to pursue its debt restructuring via a Bermudan court, using a local kind of insolvency process, after a key element of its survival plan was blocked by Singapore authorities.
Oil rose on renewed optimism that production cuts announced by the OPEC+ coalition will rebalance the market, while a giant Libyan field remained shut and U.S. inventories were estimated to have shrunk.
Oil worker and author Katy Heidenreich believes the oil and gas sector needs to robustly “tell the story of our industry” to attract today’s best and brightest young women.
More than two million people in Africa are set to get new or improved access to clean energy with £100 million of funding from the UK, the Government has said.
Oil held its biggest loss in two weeks as uncertainty over how the OPEC+ coalition will implement its output cuts and the prospect of surging U.S. supplies kept investors wary.
The southern section of the Aberdeen bypass will finally open early tomorrow (Wed)morning allowing traffic to travel from Craibstone to Stonehaven and Charleston on the new dual carriageway.
Advanced plans to create a Scottish stock exchange have taken a significant step forward after the company behind the idea agreed a partnership with an established European market operator.
ConocoPhillips said Monday it will keep its 2019 capital spending flat from this year with oil prices down more than 30 percent from the beginning of October.