Consolidation the answer for bloated supply chain, Simmons boss says
The recovery of the north-east’s oil and gas industry has not been “spectacular” despite a flurry of M&A activity in the first six months of the year, an industry expert has said.
fracking
Tremor measuring 2.1 on Richter scale recorded at UK fracking site
A tremor measuring 2.1 on the Richter scale has been recorded at the UK's only active fracking site - the largest ever detected at the facility.
Tremor halts fracking at UK’s only active site
Fracking has been stopped at the UK's only shale gas exploration site after a tremor, according to an energy firm.
UK fracking potential lower than previously thought, study says
The potential to extract shale gas from fracking in the UK could be significantly lower than previously thought, a study suggests.
Frackers in UK get fresh hope government will loosen rules
A change of British government has given the much maligned fracking industry another opportunity to make out its case for stimulating the controversial technique to tap unconventional natural gas reserves.
Fracking report draws ‘erroneous conclusions’, UKOOG boss says
The boss of a UK oil and gas firm hit out at a report on fracking last night claiming the the paper "amounts to erroneous conclusions".
Fracking has ‘dramatically increased’ methane emissions, study warns
The boom in fracking for shale gas has "dramatically increased" global methane emissions in the past decade, a study has warned.
Labour calls for UK Government to ban fracking
Labour is calling for a ban on fracking, claiming UK Government support for it will make it impossible to meet the net-zero target for carbon emissions in this century.
Halliburton cuts 8% of North American workforce amid fracking slump
Houston oilfield service company Halliburton said it cut 8 percent of its North American workforce as it took fleets of hydraulic fracturing equipment from the field in response to a continued slump in demand for fracking services in the United States and Canada.
Fracking ‘industrialisation of countryside’, says former Tory MP
A Tory former minister has branded fracking "industrialisation of our countryside" as he raised concerns over the environmental impact of shale gas extraction.
Ministers extend Ineos’s fracking licence in Scotland despite supposed ‘ban’
The fracking licence held by petrochemical giant Ineos has been extended for another year by Scottish ministers.
Fracking campaigners guilty of contempt of court
Three fracking campaigners were found guilty today of being in contempt of court after they breached an injunction at the Cuadrilla Preston New Road site.
New shadow climate justice minister demands fracking ban
Labour's new climate change minister has demanded a ban on fracking.
SNP attacked by opposition parties for repeating ‘fracking ban’ claim
Opposition parties have again hit out at the Scottish National Party (SNP) for wrongly claiming it has "banned fracking" in Scotland.
Updated: Centurion snaps up valve firm, announces doubling of 2018 profits
A Dyce-headquartered energy services group said “stable” North Sea activity levels helped it more than double profits in 2018.
Cuadrilla CEO describes climate report as ‘creative carbon accounting’
Francis Egan, CEO of fracking firm Cuadrilla, has said the UK government’s new report on climate change “smacks of creative carbon accounting”.
Scottish MP calls on UK Government to ‘rule out’ fracking
An SNP MP has called on the Government to "finally follow Scotland's lead and rule out fracking" across the UK.
Government’s fracking Tsar quits impossible role
The Government's fracking tsar has quit the post after just six months, claiming policy around the controversial process means there is "no purpose" to her job.
Lower fracking prices continue to sting Halliburton in first quarter
Lower prices for hydraulic fracturing services in North America continue to sting Houston-based Halliburton, the second largest oilfield service company in the world.
Ineos injunction too wide and uncertain, court of appeal rules
Environmental and human rights campaigners have claimed a "fantastic" victory after leading judges ruled that an injunction granted to energy giant Ineos was "too wide and insufficiently clear".
Court of appeal to rule on challenge to ‘draconian’ Ineos injunction
Environmental and human rights campaigners are set to find out if they have been successful in the latest round of their fight against a "draconian" injunction granted to energy giant Ineos.
MP raises fears of ‘random industrialisation’ of countryside linked to fracking
Communities should have greater control over fracking, ministers have been told, amid concerns over the potential "random industrialisation" of the countryside.
Greens call for fracking ban after third consultation announced
The Scottish Green Party will urge the Scottish Parliament to declare a "climate emergency" in a debate at Holyrood.
Infected US shale oil turned away by Asia
The complex web of U.S. pipelines, tanks and export terminals that’s helped make America the world’s top oil producer is causing a headache for some crude buyers.
Call for fracking ban in the wake of legal opinion
The Scottish Government has been urged to ban fracking after a legal opinion indicating it is within the power of MSPs.