FTSE trades higher over US-China breakthrough hopes
London's blue-chip index and oil prices traded higher on Tuesday as investors were bullish over a possible breakthrough in trade talks between the US and China.
London's blue-chip index and oil prices traded higher on Tuesday as investors were bullish over a possible breakthrough in trade talks between the US and China.
BP has announced a £1billion expansion of its Atlantis development in the Gulf of Mexico amid the discovery of huge additional oil reserves.
Economy Energy has become the latest small energy firm to go bust, leaving hundreds of thousands of customers in limbo.
Oil extended its longest run of daily gains in 17 months on renewed efforts between the U.S. and China to reach a trade deal, and expectations the market will be tightened by OPEC’s output cuts.
The end of production on a North Sea platform has been marked with a photo campaign after 30 years of operations.
North Sea workers have accepted a revised pay offer from the Offshore Contractors' Association (OCA), bringing down the curtain on the prolonged dispute.
The partial U.S. government shutdown has docked fishing boats in Alaska, delayed public meetings on a proposed wind farm off the Massachusetts coast and blocked pharmaceutical companies from seeking approval for new drugs.
Wind developer Orsted has pledged to "work closely" with regulators to decrease the firm's impact on the sea life and ecosystem under a new policy.
A heady cocktail of beefed up budgets and fierce competition for acquisitions will create a “renaissance” for North Sea exploration this year, analysts said.
The Aoka Mizu vessel was widely expected to have been installed at the Lancaster field by now, with final preparations under way for the long-term oil production trial, beginning in the current quarter.
Scottish tehnology firm Petrotechnics is under US ownership following its sale by shareholders including chief executive Phil Murray and the Business Growth Fund (BGF).
Turbine blades at Aberdeen Bay windfarm clocked record speeds during yesterday's gale force winds, according to the project operator.
Hydrasun bosses have set their sights on double-digit sales growth after fattening up the energy service company’s order book at the end of last year.
Skills gaps are eternal. But that doesn’t mean they can’t be addressed effectively, said Scott Kerr, chief executive of Mintra Group.
A strike ballot on one of the UK’s largest offshore gas projects has been cancelled.
BP is considering selling its stake in the Shearwater assets in the North Sea as it focuses on new projects in the area and expands in U.S. shale, according to people familiar with the matter.
Independent Oil and Gas (IOG) has added its Goddard discovery to its flagship development project in the southern North Sea.
Norwegian firm DNO has urged its takeover target, Faroe Petroleum, to provide "transparent and timely" operations updates.
James Fisher and Sons (JFS) announced two separate acquisitions this morning.
Offshore support vessel operator Sentinel Marine has announced it will create 80 new jobs with the order of three new ships.
The energy sector has historically shown strong commitment to employing apprentices.
This year holds special significance for the team at Petrasco as it marks our 45th year in business since first opening our doors in the Granite City in 1974.
As Scotland’s energy sector transitions to a lower-carbon future, diversification has become a buzzword for businesses looking to take advantage of new opportunities.
Concerns have been raised about road safety as Aberdeen’s new bypass struggles with inadequate signage.