General Electric Co. agreed to sell a majority stake in a solar-energy business to BlackRock Inc., giving the investment giant footing in a growing market as the ailing manufacturer shifts its focus elsewhere.
Siccar Point’s Blackrock well west of Shetland is understood to have been non-commercial.
Private equity-backed oil and gas exploration firm Siccar Point last night described the result of drilling at its Blackrock exploration well as "very encouraging".
Westwood Global Energy reports that at the end of April, three exploration wells were active, with two in the West of Shetlands and one in the Central North Sea.
Siccar Point Energy has kicked off its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect west of Shetland (WoS).
KKR & Co. and BlackRock Inc. agreed to invest $4 billion in Abu Dhabi’s oil pipelines, securing two decades of guaranteed returns and providing the Middle Eastern energy producer a cash injection to help diversify its economy.
Oil giant BP has today announced the appointment of Helge Lund and Pamela Daley as new non-executive directors.
BP invested solar company Lightsource BP has announced an additional 57 megawatts of generation capacity, giving the firm the ability to power two million homes.
Five years ago, Daniel Rice III was asked to step down from a lucrative position at BlackRock because of the side business he’d created with his sons. That business just sold for $6.7billion.
The Sikorsky S92 Irish Coast Guard helicopter that crashed into the Atlantic a week ago struck rocks on an island, investigators have said.
A former fund manager has pleaded guilty to two counts of insider trading at a London court.
he world’s largest money manager says that the worst commodity selloff in a generation still has room to run.
Halliburton has signed a joint venture with BlackRock for $500million to help fund drilling of existing shale wells in the US. The decision is the first such move by a major oilfield services provider at a time when oil producers have been shying away from drilling new wells. Halliburton has said it expects to see an “uptick” in activity – including refracking – later this year and a meaningful recovery in 2016.