Expanded Aberdeen-Stavanger event celebrates business links
Two of Europe’s leading energy hubs will strengthen their links via a business event which makes its return next month.
Norwegian drillers warn woes may grow amid strike threat
Offshore oil drillers operating in Norway warn that a possible strike over wages could deepen the worst market downturn in a generation.
COSL hit with safety order over fatal rig incident
The owners of a rig on which an oil worker died after being hit by a huge wave have been issued with a safety order from authorities after violating safety regulations.
Statoil gets green light for more North Sea wildcats
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for more North Sea wildcat wells.
Scottish team supports Mexico carbon capture initiative
Scottish and Mexican scientists are working together to help support Mexico's efforts to develop carbon capture utilisation and storage (CCUS) capacity.
CO2 emissions from North Sea operations increased last year
Petrleuum activities in the Norwegian sector produced 400,000 tonnes more CO2 emissions in 2015 than the previous year, according to figures released by authorities.
ACE Winches donates equipment to training programme
Deck machinery specialist, ACE Winches has donated a range of hydraulic pumps to help the next generation of engineers improve their skills.
Optima Asset Maintenance agrees partnership deal with US firm
Aberdeen engineering consultancy Optima Asset Maintenance Solutions has agreed a second partnership agreement in less than a month as the newly formed business establishes itself.
Leviathan partners agree $3billion gas deal with Israeli power plant
Leviathan gas field operator Noble Energy and its Israeli partners Delek Group and Ratio Oil, have agreed a deal to supply as much as $3billion of natural gas to a new power plant in central Israel.
First Geo lands engineering personnel deal with Det Norske
Oil producer Det Norske has awarded a framework agreement to fellow Norwegian firm First Geo for delivery of a broad range of subsurface and well engineering services.
Battle inside OPEC eases as Saudi oil strategy finally pays off
Saudi Arabia has been fighting with fellow OPEC members since the oil rout started two years ago.
Old school pals team up to bring oil and gas jobs to home town
Two business partners with decades of oil & gas industry experience have returned to their home town for a joint venture they hope will create jobs in their home town hit by the oil price slump.
UK government accused of sitting on fracking climate change report
Ministers have been accused of ‘sitting on’ a long-awaited report on fracking and climate change in a bid to help the oil industry.
Putin discusses energy cooperation with Greek counterpart
Vladimir Putin will discuss energy cooperation as he continues his two-day visit to Greece, his first trip to a European Union country this year.
US petrol prices hit seven year low as Memorial Day arrives
The US average retail price for gasoline dipped to $2.30 per gallon - the lowest average price since 2009.
Offshore workers to be balloted for strikes in Wood Group pay dispute
North Sea workers are to be balloted for strikes in a dispute over pay with oil services giant Wood Group.
Gulf Keystone banks latest $6million for Shaikan exports
Gulf Keystone Petroleum said its has received the latest gross payment of $6million from the Kurdistan Regional Government for Shaikan crude oil exports in April 2016.
Range Resources AIM trading unaffected by Australian shares suspension
Range Resources' share trading on the AIM market will be unaffected by its request for voluntary suspension of its shares on the Australian Stock Exchange.
Genel confirms April payment from Kurdistan authorities
Genel Energy, operator of the Tawke field, confirmed the field partners have received $16 million from the Kurdistan Regional Government for oil sales during April 2016.
Tide turning for Atlantis as company reports profit
Atlantis Resources, the company behind the ground-breaking MeyGen tidal power project off the Scottish coast, has reported its first profit with its chief executive hailing the firm's "amazing progress" during 2015.
Circle Oil agrees further repayment extension
Circle Oil, the Middle East focused independent, has agreed to further extend the suspension of the December 2015 redetermination and any repayments due under its reserve-based lending facility.
Polar Onyx lands North Sea charter with James Fisher Marine
Shipping specialist GC Rieber has won a cable lay charter from James Fisher Marine Services for subsea construction support vessel Polar Onyx in the UK North Sea.
IOG says North Sea still profitable as it posts £5.3million profit for 2015
Independent Oil & Gas made a profit in 2015 and said it believes it can continue to make money in the North Sea with a lower oil price.
Amec Foster Wheeler in consultation with staff over job cuts
Engineering services group Amec Foster Wheeler has entered into consultation with employees in its Great Yarmouth offshore services facility with up to 100 jobs potentially at risk.
Ace Winches appoints new engineering manager
Deck machinery manufacturer Ace Winches has appointed Chris Waller as its new engineering manager.