While oil’s dizzying collapse is still fresh for many traders, rumblings are starting to emerge that by the end of next year prices could once again top $100 a barrel.
Crew members on an oil vessel in Cromarty Firth are isolating after a colleague who remains on board tested positive for Covid-19.
Fuel retailers overcharged motorists when the coronavirus lockdown was introduced by failing to fully pass on savings, according to analysis.
Bosses at Repsol Sinopec Resources UK (RSRUK) are looking to push on with remote working practices after seeing an “improvement in performance” during the Covid-19 lockdown.
North Sea medics have revealed that a lack of PPE, verbal abuse from “worried” riggers and working 17-hour shifts are some of the issues they had to tackle at the height of the Covid-19 crisis.
The rapid global spread of Covid-19 has eclipsed other recent epidemics and market crises in size and scope.
The coronavirus pandemic is of a scale and severity which none of us have seen before, but we shouldn’t take for granted the true value of the UK’s offshore oil and gas industry’s culture of safety.
Another relaxation of lockdown rules in some parts of the UK delivered a boost to the FTSE 100 today.
Trade body Oil and Gas UK (OGUK) said it is “continuing to work with the government” on sector-specific guidance for easing the lockdown in the industry.
Aberdeen event organisers have offered little sign of normality resuming after deciding an event five months away should be held virtually.