Pound gains ground as May looks for fresh Brexit deal
The pound gained ground on Monday as traders pinned their hopes on a fresh Brexit deal being presented to Parliament this week.
The pound gained ground on Monday as traders pinned their hopes on a fresh Brexit deal being presented to Parliament this week.
Brilliant Energy has become the latest small energy supplier to go bust, leaving thousands of customers in limbo.
Shares in Cairn Energy slid today after the Scottish oil firm said the outcome of its arbitration claim against India would not to be delivered “before late 2019”.
The potential for shale well production is almost double the original reported amount, according to a new forecast from a UK oil and gas trade body.
North Sea contractor Awilco Drilling has ordered a new semi-submersible rig for £325 million – and found a new chief executive.
When OPEC started an oil-price war in late 2014, most people believed U.S. shale was doomed. In reality, the giant oil majors suffered most -- burdened by expensive mega-projects, Chevron Corp., BP Plc and the rest struggled to adapt to the fall in energy prices.
A messy Brexit could affect growth in global oil demand over the next five years, according to the International Energy Agency.
The UK shadow chancellor has pledged that a Labour Government would deliver 50,000 Scottish jobs in the renewable energy sector including thousands in the Western Isles, Shetland and Orkney.
North Sea oil and gas production reached a seven-year high in 2018, according to new figures.
Rocket launches from Sutherland could require safety measures to reduce risks to workers on North Sea oil and gas platforms - and residents of the Faroe Islands.
Energy giant Total confirmed this morning that strikes had begun on three of its North Sea installations in a dispute over rotas.
The 2019 edition of an annual celebration of excellence in the UK energy industry gets off the ground today.
Shareholders of Aberdeen-based Warrego Energy have unanimously approved the firm's acquisition by Australia's Petrel Energy in a reverse takeover.
The Scottish Government has vowed to convene a summit after issues over fairness were exposed in the Moray East offshore wind farm contract procurement process.
Helicopters are at their happiest when they are being worked hard, a boss at manufacturer Sikorsky said.
A boss at supermajor BP has challenged the view that suppliers are due an increase in rates.
The UK foreign secretary held a roundtable meeting with North Sea oil and gas bosses on Friday amid - what he described as - “the crucial final stages” of Brexit negotiations.
Setting up shop away from traditional industrial centres can help companies bridge the talent gap during an upcycle, an oil industry chief has said.
Unlike most oil and gas installations, the Beatrice complex is visible from land.
The first two corporate hospitality boxes at the new £333 million Teca (The Event Complex Aberdeen) venue have gone to two of the Granite City’s largest professional services firms.
Overall satisfaction with energy suppliers has fallen for the second year running after customers were battered by price rises and nine small firms collapsed, according to a survey.
A new report has forecasted that Scotland’s marine economy will grow seven-fold to be worth £5billion by 2035 if it can successfully develop key industries.
Perth-based engineering firm Merlin ERD has celebrated a record seven-figure profit in the first full year since moving to employee ownership.
Footage has been released of cracks found inside a reactor at a nuclear plant in Scotland.
A safety specialist is eyeing a move to Dundee to capitalise on upcoming decommissioning projects.