A “trend” of private equity-backed newcomers to the North Sea has been carried on with the entry of Seapulse.
Squaring the Brexit circle amid so much political uncertainty is causing a noticeable smattering of anxiety across Scotland’s renewable energy sector.
RockRose’s swoop for Marathon Oil’s UK business will breathe new life and investment into “unloved and marginal” North Sea assets, an analyst said yesterday.
Oil prices will stabilise over the coming weeks as cuts agreed by OPEC kick in, an analyst has said.
Smashing a wind industry benchmark of 100% generation shows it's "time for Scotland to capitalise" on its success, a wind sector boss has claimed.
Shell’s confirmation that it is expanding the Shearwater hub could lead to further North Sea investment, according to an analyst.
Production cuts of 1.2 million barrels a day agreed by Opec and its allies fall short of what was needed to rebalance the market, an analyst has said.
A backstop could be placed on the recent oil price freefall if traders are convinced OPEC proposals to cut production are "for real", according to a leading petroleum economist.
Qatar’s “surprise” decision to withdraw from OPEC raises questions about the loyalty of the cartel’s remaining members, analysts said.
Norwegian firm DNO's £444 million takeover bid for Aberdeen-headquartered Faroe Petroleum is "clearly a low-ball offer", analysts have said.
Brent crude sank by about 4% yesterday as fears of supply eclipsing weakening global demand continued.
Smaller oilfield services firms in Aberdeen could miss out on work in Iran due to newly-imposed US sanctions, an analyst said yesterday.
Spirit Energy’s swoop for stakes in Hurricane Energy’s Greater Warwick Area (GWA) is a “fantastic deal”, an analyst has said.
The offshore wind industry “is getting a bit cutthroat” an industry expert has warned amid union fears that Scottish supply chain firms could miss out on contracts.
Turbine glitches are unlikely to have a "material impact" on a ground-breaking tidal power project off the north coast of Scotland, an analyst said today.
An agreement to boost global oil production may provide a cash boost to the North Sea, according to a leading analyst.
Despite Opec announcing a 1million barrel daily increase in production yesterday, the oil cartel did not say which countries will account for that.
As expected following comments ahead of the meeting on behalf of Saudi Arabia and Russia, OPEC members have agreed to prolong the existing production curtailment (a cut of 1.8m bbl/d including Russia’s cuts) to the first quarter of 2018. OPEC has a self-imposed goal of bringing stocks down from a record high of 3bn bbls to the five-year average of 2.7bn bbls.