Faroe’s future hangs in balance as DNO offer deadline passes
Faroe Petroleum’s future was hanging in the balance tonight after the deadline passed for a “hostile” takeover offer for the Aberdeen-headquartered oil firm.
Faroe Petroleum’s future was hanging in the balance tonight after the deadline passed for a “hostile” takeover offer for the Aberdeen-headquartered oil firm.
Oil prices rallied on the first trading day of 2019 as U.S. equities recovered from early losses and amid signs that Middle Eastern producers were fulfilling a pledge to cut exports.
The production vessel for Hurricane Energy's Lancaster field has left the Port of Rotterdam en route to Scottish waters.
State Grid Corp. of China has started up the world’s longest and most-powerful ultra-high voltage power line from its far northwest to the heavily populated east.
Coal’s three-year run of blistering gains in Europe is set to end, clobbered by a combination of weakening demand and energy polices aimed at phasing out the dirtiest fossil fuel.
Oil’s beginning 2019 with the same price volatility that marked the end of last year, as uncertainty over crude output and the health of the global economy keep investors wary.
Shares in Ophir Energy climbed rapidly after the London-based exploration and production firm confirmed talks with a potential new owner.
RockRose Energy's boss said today that the recent slump in oil prices could strengthen the firm's hand on the acquisition trail.
Faroe Petroleum said today that a fresh evaluation of its portfolio highlighted the "inadequacy" of DNO's takeover bid for the firm.
Faroe Petroleum revealed today that its Brasse East exploration well in the Norwegian North Sea had not hit oil.
New ways of maintaining ageing oil and gas assets have helped Global Energy Group achieve a rise in profits, chairman Roy MacGregor has said.
Cruachan Power Station in Argyll has started 2019 under new ownership after a £702 million deal completed a minute before midnight on Hogmanay.
Fears have been raised that cutbacks to the coastguard are putting “lives in danger” after new figures showed that almost 100 shifts were understaffed in 2018.
Concerns have been raised over the detrimental impact increasing numbers of wind farms could have on the Moray landscape.
The downturn in the oil and gas industry has been well documented but the upside – and there is one - has been the incredible amount of work that is taking place in Aberdeen in supporting and nurturing a new generation of tech start ups who have the potential to ensure the UK has a sustainable hydrocarbon industry for years to come.
In our Solar Wars series of articles we considered the numerous claims brought against Spain, Italy and other EU Member States under the Energy Charter Treaty (ECT), brought by investors following the curtailment of those states' renewable incentive schemes.
You may be relieved to know that this is not an article about Brexit. However, every cloud has a silver lining - because the last six months of Brexit-related debate have in fact seen the UK’s ports sector attract an unusual amount of political, and therefore public, attention.
At this time last year, I commented in this column about what 2018 might look like for the UK oil and gas industry.
Nearly 12,000 Scots will be made bankrupt this year, according to accountants and business advisers French Duncan.
Terrorism, falling oil prices and the effect on tourism were among the forecast impacts on Scotland of the Iraq War discussed by Scottish ministers, newly-released official papers show.
New rules have come into force that will require Britain's biggest companies to justify bosses' salaries and reveal the pay gap with their average workers.
Theresa May pledged to take further action to prevent consumers being "overcharged" by big business as a price cap on gas and electricity for millions of homeowners came into force.