North Sea oil flooding to Asia like never before on Opec cuts
North Sea oil is flooding into Asia like never before thanks to the most competitive crude prices in seven years. OPEC’s own output cuts are partly to blame.
North Sea oil is flooding into Asia like never before thanks to the most competitive crude prices in seven years. OPEC’s own output cuts are partly to blame.
Energy service firm Halliburton narrowed its losses in the first quarter of 2017 thanks to increased activity in North America.
Cluff Natural Resources today revealed it had made a £1.7million loss for its financial year.
Three North Sea deals were among the top 10 non-US upstream oil and gas acquisitions in the first quarter of 2017, a new report said.
North Sea pioneer Algy Cluff said yesterday that his company was busy trying to attract partners for one of its most promising southern North Sea licences.
A shark has been caught on camera near a North Sea platform during an inspection.
Shares in Cluff Natural Resources rocketed in early trading today after the firm said one of its southern North Sea gas licences could be worth almost £700million.
A Scottish Parliamentary debate on controversial proposals for ship-to-ship oil transfers in the dolphin-friendly Cromarty Firth has been rescheduled for next month.
Montrose Port Authority (MPA) has announced plans invest £5.2million in upgrading its facilities in an attempt to attract more ships used in North Sea decommissioning.
Liquidators are confident they will wrap up the sale of one of the North Sea’s biggest undeveloped discoveries before the licence expires.
A treasure trove of new datasets created by a joint-industry project has been released to improve understanding of under-explored parts of the North Sea and Irish Sea.
A hi-tech deep sea vessel was last night berthed at a north-east harbour after paying a flying visit to the region.
The SNP will this week call on the UK Government to consider how the tax regime could be changed to increase competitiveness in the oil and gas industry.
International lenders have backed an ambitious deal to hand North Sea assets to new entrants.
Operators will spend nearly £30billion on new North Sea projects over the next three years, with Norway's Statoil leading the way, a new report said.
At nearly 400 metres long and more than 100 metres wide, the Pioneering Spirit dwarfs the Titanic.
Statoil has said preparations are being made to transport the Mariner topside to the North Sea despite reports casting doubt on the future of the yard handling its construction.
Offshore trade unions intend to serve North Sea employers with strike ballot notices in the coming weeks with no sign of talks on the horizon, it is understood.
Norway’s offshore oil industry watchdog has warned Statoil over safety systems on the Statfjord facilities in the North Sea.
US firm ConocoPhillips has picked Heerema Marine Contractors to remove four platforms from the Norwegian North Sea.
Norway’s offshore safety watchdog has cleared Aker BP to drill an exploration well in the North Sea.
Lundin Petroleum has completed its appraisal well off the flank of the Edvard Grieg field.
An Aberdeen councillor is banking on a new task force to make sure Aberdeen benefits from European Union funding post-Brexit.
Premier Oil chief executive Tony Durrant enjoyed a £360,000 boost to his overall pay package in 2016.
One of Scotland’s richest men who fled the country after going bankrupt has been forced to return home after his Middle-Eastern dream went “bust”.