Freeport McMoRan cuts energy jobs after posting sixth straight loss
Commoditities giant Freeport-McMoRan is scaling back its energy business and continues to try to sell some oil and gas assets as crude prices rebound from 13-year lows.
Commoditities giant Freeport-McMoRan is scaling back its energy business and continues to try to sell some oil and gas assets as crude prices rebound from 13-year lows.
Nicola Sturgeon has pledged to help Scottish oil and gas companies secure contracts in the offshore renewables industry if her party is re-elected on May 5.
The owners of Dong Energy, who include the Danish government and Goldman Sachs, may hold an initial public offering almost one year before a previously announced deadline, according to reports.
Oil market watchers see a 50-50 chance that Russia, Saudi Arabia and other major producers will agree to freeze output in Doha on April 17, but either way they don’t anticipate any impact on crude supply because most of the countries are already pumping flat out.
North Sea newcomer Nobel Upstream will scour the list of UK assets held by Shell to see if any meet its acquisition criteria, its boss said yesterday.
South America focused President Energy has appointed former Repsol and Petrobras engineer Jorge Dario Bongiovanni as a non-executive director of the company.
Internationalisation is critical for Scotland’s growth and one of the four themes in the Scottish Government’s economic strategy.
Exxon Mobil, the world's largest publicly traded oil company, has revealed its output would rise slowly in 2017 as it continues cutting costs.
2016 will be a "super tough" year to graduate for students studying oil and gas related subjects, according to the head of the University of Aberdeen's energy institute.
Danish state owned energy company Dong Energy is to reduce its oil and gas headcount by more than a third by the end of the March.
French energy firm Engie, previously GDF Suez, is putting all its oil and gas assets under review as it turns its focus on low-carbon activities.
Canada's Encana reported a net loss of $612million - its fourth straight quarterly loss - as it said it would cut jobs by 20%, reduce its annual spending forecast and lowered shareholders' dividend as it absorbed the impact of plummeting oil and gas prices.
US natural gas producer Chesapeake Energy Corp more than halved its annual capital budget and said it would sell more assets this year.
An IT expert from Aberdeen's Robert Gordon University (RGU) has taken part in an international conference highlighting how oil and gas companies can better protect themselves from cyber threats.
Senterra Energy said it is making progress on identifying and reviewing acquisition targets in the oil and gas sector and beyond.
New speciality sample cyclinders will enable offshore chemists to transport samples containing mercury and hydrogen.
NOF Energy, the UK business development organisation for oil, gas, nuclear and offshore renewables sectors, is helping Shetland-based energy sector supply chain businesses access new markets.
Offshore wind has propelled Danish energy company Dong to an a record breaking operating profit in 2015 of £1.8billion as the company signalled its intention to shift its focus from oil and gas to renewables.
Sasol has obtained approval from the Mozambique government to develop more oil and gas fields.
The UK Coastguard Agency must respond to concerns that safety of UK seafarers is being compromised by North Sea operators employing foreign workers from lightly regulated regimes in order to “exploit our natural resources”, a Holyrood committee has said.
Australia's Incremental Oil and Gas has increased its proven producing reserves by 75% to 1,021.7 MBOE1 at its Silvertip oil and gas field in Wyoming USA.
A new generation of pipeline robotics that can extend the life of large diameter cast iron pipeline infrastructure could help save time and money for utility companies.
Motor vehicles, aerospace and the rejuvenation of pharmaceuticals provide considerable reasons for optimism next year, according to a leading business group.
Scotland would be “entirely bankrupt” and probably “scuttling” for help had it secured independence, a business minister has claimed.
More than two-thirds of global oil and gas executives expect to pursue an acquisition in the next 12 months, according to EY’s Oil & Gas Capital Confidence Barometer.