Following a decade of fiscal instability and investor uncertainty, in which we could have been forgiven for believing the UK Government was just cashing in its chips, the coalition has now established a new approach on tax and is working towards an industrial strategy for oil and gas for the long term.
The prospect of finding oil in Antarctica will be discussed at a free event in Aberdeen tomorrow.
Two international energy giants said the debate over Scotland's constitutional future is not affecting their investment plans.
Oil & Gas UK today said measures in the 2012 Budget would result in "tens of billions of pounds of additional investment" in the UK North Sea.
Work on Total's £2.5billion Laggan-Tormore project is to start ramping up this summer, both in Shetland and offshore west of the islands.
Rising hopes that Greece will avoid default by thrashing out a deal with lenders pushed London's leading shares index to a six-month high today.
French oil firm Total is investing £1.4billion in the development of US shale gas reserves in Ohio.
The Aberdeen office of AGR Petroleum Services (AGR) said yesterday it had won an £875,000 contract to evaluate oil and gas reserves on behalf of Pakistan's national oil company.
IT IS two years since ONS was last held in Stavanger, and it is an opportune time to review what has happened in the Norwegian oil&gas industry since then. Most of it has been good news.
Aker Solutions said yesterday its long-term strategy remained firm and it would focus on cold climates, harsh environments and deeper waters.
It is not too late in the life of North Sea oil and gas output to set up a special fund to create a "lasting legacy" from the sector in Scotland, Finance Secretary John Swinney claims.
CARBONATE reservoirs contain a significant proportion of the world's remaining oil&gas reserves and therefore their relative importance is expected to dramatically increase during the first half of this century.
SHETLAND Islands Council has backed calls for Scotland to get a share of North Sea oil revenues.
THE UK Government was urged last night to increase support for the exploitation of North Sea gas reserves in the wake of Russia's dispute with the Ukraine which cut off supplies to Europe.
IRANIAN president Mahmud Ahmadinejad has inaugurated the South Pars phases 6, 7 and 8, and phases 9 and 10 are expected onstream within a few months, according to the Iranian News Agency.
The UK Continental Shelf (UKCS) has an impressive four decades and 37billion barrels of oil and gas production under its belt, but as Oil & Gas UK frequently points out, there are still up to 25billion barrels remaining to be extracted.