Digital is disrupting many industries, and the upstream oil and gas industry is no exception.
oil and gas market
Recent weeks have seen a flurry of deals being done in the oil and gas sector around the world.
Scottish engineering firm Weir Group PLC on Thursday said trading in the first quarter was slightly ahead of its expectations, boosted by cost cutting and a resilient performance from its minerals arm.
Goldman Sachs has said about 40% of its oil and gas loans and lending commitments are to junk-rated firms.
Energy stocks led the FTSE 100 Index lower today after Labour leader Ed Miliband reiterated his election pledge to force a cut in household bills. He wants Ofgem to have the power to order energy companies to cut their prices by the end of the year if Labour gains office at the general-election.