A Dutch shareholder activist has accused some oil and gas majors of talking the talk but not walking the walk on shifting to cleaner investments.
Norway’s Equinor saw its profits slide by 98% - a drop of £3.8billion – year-on-year as the Covid-19 pandemic and oil price crash took effect.
Algeria’s Sonatrach has signed a memorandum of understanding (MoU) with Russia’s Lukoil, following a number of similar agreements.
Around 200 North Sea workers have been evacuated with suspected Covid-19 symptoms over the last six weeks as the sector has attempted to manage the spread of the virus.
Equinor ASA, Norway’s biggest oil company, cut its dividend by two thirds as it grapples with an historic rout in the crude market.
Norway has said it will soon decide whether to cut its oil production to help support plummeting prices.
It has been encouraging to witness many oil and gas majors sign up to the energy transition and net zero. Repsol, BP, Total, Shell and Equinor have all outlined their strategies.
Companies operating in Angola have reported a production decrease of 18.7% from 2017 to 2019.
New research by global property giant CBRE has revealed a healthy start to 2020 for the office market in and around Aberdeen.
Westwood Global Energy reports that as of 2 April there was one exploration well that was in the process of completing, with no active E&A drilling.
Oil and gas giant BP is set to work with a shareholder activist group towards a climate resolution, it announced today.
Norwegian energy giant Equinor has announced a £2.5 billion package of measures to help strengthen its financial position during the coronavirus outbreak.
North Sea oil and gas “must be part of the response” to Scotland’s economic woes once a solution to the coronavirus outbreak has been found, a trade union has said.
An oil and gas industry in “survival mode” could put plans to transition to a cleaner energy sector “on the back burner”, according to a top analyst.
Norwegian energy giant Equinor has suspended its share buyback programme due to the downturn in market conditions.
Apache is the latest in a growing list operators to confirm it is taking measures to prevent the spread of the coronavirus in the North Sea.
Flights have been resumed to one of the UK’s largest gas fields after a worker suspected to have coronavirus was taken to shore.
A group of North Sea operators have struck a deal with a helicopter operator to bring confirmed and suspected Covid-19 sufferers back to shore.
Energy giant BP has joined a list of operators working to reduce offshore crew numbers on its North Sea assets in response to the coronavirus outbreak.
Several North Sea operators are reducing offshore crews on their UK platforms in a bid to prevent the spread of the coronavirus outbreak.
A group of oil and gas firms have joined forces to plan the delivery of more than 200 million barrels from the outer Moray Firth.
Oil and gas firm Equinor has confirmed that it has begun down-manning procedures on its Martin Linge platform in the Norwegian section of the North Sea.
An Aberdeenshire oil worker under quarantine in China has said he “doesn’t know” when he will be able to return to the UK.
Oil giant Equinor has a confirmed case of coronavirus on one of its assets in the Norwegian section of the North Sea.
Offshore support ship operator Sentinel Marine, of Aberdeen, has clinched new contracts and extensions worth £36 million since the start of 2020.