Soaring production in North America’s most prolific oil field helped propel Exxon Mobil Corp. and Chevron Corp. to bigger-than-expected fourth-quarter profits. Shares for both explorers jumped.
Struggling oil field service company Weatherford International closed 2018 with a $2.8 billion loss, sliding deeper into the red as it moves into what will become its fifth year of losses.
The Unite trade union has told energy services company Bilfinger Salamis to raise pay for its North Sea workers or risk disruption to its services.
Japanese corporation Kawasaki Heavy Industries (KHI) today launched a multi-million pound subsea business in Aberdeen.
Shell remains firmly focused on beefing up its UK North Sea business in spite of recent oil price volatility, the energy giant’s boss said yesterday.
Ineos' bid to acquire ConocoPhillips' North Sea portfolio appears to have fallen through.
Cluff Natural Resources (CLNR) has gone into extra time in its bid to secure a partner for its Pensacola prospect in the southern North Sea.
SSE will sell a 49.9% stake in two Scottish wind farms to a renewable infrastructure fund for £635 million.
Investment in growing global market share has paid off at Craig International, the Aberdeen company’s owner said yesterday.
The COSL Innovator rig has been booked for a drilling campaign on the Barryroe field off Ireland.
Westhill-based energy services firm Quanta Fabricom has announced the appointment of two new directors.
Turnover for the Scottish renewable energy sector almost totalled £6 billion in 2017, according to figures published by the Office of National Statistics (ONS).
Aberdeen headquartered oil and gas service firm Oil States has announced the award of £80,000 from the Scottish Government.
Cruise ships, fishing boats and ferries helped boost activity levels at Shetland’s main harbour last year, according to figures released by Lerwick Port Authority (LPA) yesterday.
Oil super major Shell is "ahead of the curve" on facing up to climate change responsibilities, its boss said yesterday.
Energy giant npower is aiming to cut up to 900 jobs under a programme to reduce its operating costs in response to the "extremely tough" UK retail energy market.
Unlocking the full potential of the North Sea will be on the top of the agenda at Subsea Expo – the industry’s annual flagship conference and exhibition.
Aberdeen-based oil and gas services group ICR Integrity has announced the appointment of a new operations chief, alongside a new finance lead.