Study: Oil firms pay investors more than they can afford
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
Climate change protesters blockaded the headquarters of oil giant Shell yesterday in the first in a series of protests across the Granite City.
Exploration and production firm EnQuest has closed its offices in Aberdeen city centre today as climate change protestors descended on the Granite City.
The Aberdeen headquarters of oil giant Shell have been blockaded for several hours as Extinction Rebellion carries out a series of protests across the city today.
Ataria Malveaux was 18, just out of high school, when she fled a chaotic family life in Houston for the promise of making quick money in Dallas. She soon discovered her would-be employer was a pimp; only the help of another woman allowed her to escape forced prostitution.
Somalia is taking steps to attract foreign investment to its energy sector but challenges remain, most notably in how the federal government can integrate its policies with those of the state governments.
Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.
Subsea Expo 2020, set to be the biggest in the event’s 15-year history, has today announced its programme of speakers for the conference which will see 70 industry professionals take to the stage at P&J Live on 11-13 February 2020.
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
The vice president of Shell New Energies has announced he will step down from his role to be replaced by the firm's global vice president of strategy.
Too many opinions, not enough facts. That’s how Chrysaor chief executive Phil Kirk views the heated debate about the oil and gas sector’s role in the energy transition.
A floating wind firm purchased by Shell in November is to review the future of a Scottish office registered before the buyout, the company's head of projects said last night.
Following the result of the general election, we can now expect to leave the EU at the end of January, although very little will change on that date as we will move into a transitional period when existing EU rules and trade terms continue to apply in the UK.
The climate emergency is an “even more pressing challenge” for the industry than the 2014 downturn according to the Oil and Gas Authority’s (OGA) chief executive.
Qatar Petroleum (QP) has signed up to supply Kuwait with 3 million tonnes per year of LNG for 15 years, under an agreement with Kuwait Petroleum Corp. (KPC).
A global oil and gas consultancy with a base in north-east Scotland has blamed stiff competition for a near doubling of its pre-tax losses.
Royal Dutch Shell is officially moving out of the gassy Haynesville shale after selling its last package of acreage to a private Houston firm.
Egypt has licensed a number of areas, including the award of around 7,000 square km to ExxonMobil in the offshore.
Nigeria LNG (NLNG) has taken the final investment decision (FID) on Train 7, the long-awaited expansion project that will take the project’s capacity to 30 million tonnes per year.
In the last decade, the number of women working at the Shell St Fergus Gas Plant has risen by 50%.
The director of a multi-million pound decommissioning study has voiced concern that any final decision over the removal of Shell’s Brent platform legs might ‘harden’ public perception toward his project.
A government report has revealed CNOOC was the biggest tax spender in the North Sea last year while energy giant Shell paid the least on balance after a reimbursement.
Anglo-Dutch oil giant Shell has said it expects to be hit by an impairment of up to £1.8 billion for the year.
Shell has revealed it received more than £60m back from the UK Government last year in relation to decommissioning its Brent field in the North Sea.
Southeast Asia and Australia are set to take centre stage in the region’s upstream M&A activity as private equity companies sense a value opportunity.