Deltic Energy’s largest shareholder has backed the company’s efforts to stave off a hostile takeover bid from London-listed energy investment firm Reabold Resources.
Vitol’s former chairman and CEO Ian Taylor has died, the trading company has confirmed.
The oil and gas industry has welcomed the new UK government as it looks ahead to a “transformational” sector deal and braces for tax changes for thousands of contractors.
Greenpeace UK has criticised the Conservative Party's latest manifesto, calling it "half-baked" over its lack of action on North Sea oil and other polluting sectors.
The Prime Minister plans to introduce a price cap on energy prices next week, bringing a draft Bill to Parliament which she claims will "stop ordinary families being ripped off."
Nicola Sturgeon’s SNP has won an historic third term in government at Holyrood, as Labour suffered further losses in its former Scottish heartlands.