Energy service giant Wood Group said yesterday it expected a problem project in the Middle East to be profitable in two years.
trading update yesterday
Centrica highlighted buoyancy in its upstream oil and gas business yesterday, but consumers could face higher fuel bills after it also warned of rising costs.
Edinburgh-based oil and gas exploration group Bowleven announced today it could raise £76million on the stock market to help it carry on exploring and assessing its Sapale oil field offshore Cameroon.
NATIONAL Grid said its efficiency programme in the US was on target to save £122million by March.
Forth Ports, which operates six harbours in Scotland and one on the River Thames, said yesterday it had made good progress with several renewable-energy initiatives.