A representative of the native American Houma Nation Council will attend Shell’s annual general meeting next week to call on the board and investors to put an end to new offshore leases in the Gulf of Mexico.
BP head of exploration Richard Herbert is leaving the oil major after slightly more than two years in the job, a period in which the company slashed spending on the search for new deposits.
Troubled north-east energy service firm SeaEnergy can keep going at least another few weeks after striking a deal with a preferred bidder for its Return to Scene (R2S) subsidiary.
An employment expert and partner at law firm Pinsent Masons has warned overly restrictive contracts may drive key workers out of the North Sea oil and gas industry and spark a brain drain.
BP’s move to double its stake in the £3billion Culzean gas development will be followed by other UK North Sea deals to put asset ownership “in the right place”, an oil and gas expert said last night.
Faroe Petroleum is the latest company to be linked to a possible swoop on any North Sea assets put up for sale by Shell.
Credit rating agency Moody’s has published figures showing mortgage arrears in Aberdeen running at double the UK average rate following the oil price slump.
Scottish firm Aggreko will power up tomorrow night's Eurovision Song Contest in Sweden with renewable biofuel.
Orkney-based renewables firm Scotrenewables Tidal Power (STP) said today it had launched the world’s largest energy generating tidal turbine.
North Sea producer Taqa said global oil and gas operations maintained “robust” levels of output during the first quarter despite significant cuts in capital expenditure.
Food giant Mars is buying electricity generated by a Highland windfarm to meet the energy requirements of all 12 of its UK production sites.
Key work for Maersk Oil’s £3billion gas project in the UK North Sea has contributed to soaring first quarter profits at Japanese firm Modec.
North Sea firm MOL Group more than doubled first quarter profits after its global oil and gas production surged to its highest level since the final quarter of 2012.
The carnage caused by lower oil prices is about to lay waste to a further 2,000 jobs globally at energy service firm Weatherford International.
Moves to restructure infrastructure ownership in the North Sea were in the spotlight at an Oil and Gas UK (OGUK) business breakfast in Aberdeen.
Third-time OTC exhibitor Reactive Downhole Tools (RDT), of Aberdeen, has beefed up its management team by appointing someone to head up business development in North America.
North-east entrepreneur Ian Suttie has delivered a bullish statement of intent for one of his businesses, promising to do whatever it takes to make it successful.
Energy finance specialist Simmons and Company International has branched out into new territory after earmarking a “substantial part” of a £127million funding pot to buy up stakes in temporarily distressed oil and gas firms.
North-east company Eland Oil and Gas said tonight it aimed to raise about £10million from the sale of new shares.
North Sea operators Total and Statoil both posted forecast-beating first quarter results yesterday, though profits still suffered amid the ongoing low oil price carnage.
Oil giant BP said yesterday it may offload offshore assets in line with divestment plans if it was felt they “would be better in the hands of others”.
Organisers of a revamped awards ceremony celebrating the men, woman and companies doing their utmost for safety in the UK oil and gas industry have extended the deadline for nominations.
A multimillionaire who made his fortune in the North Sea oil and gas industry is targeting potentially lucrative returns from shale gas deposits across a large part of north-west England.
Energy service company Corex is at the top of a Scottish league table of intellectual property (IP).
Schlumberger boss Paal Kibsgaard has said the global oil and gas industry is showing “clear signs of operating in a full-scale cash crisis”.
