A Norwegian district court has opened the way for all 229 employees who were dismissed from Norwegian drilling company COSL via email on 30 June last year to participate in a class action against the firm.
Offshore energy services company SeaEnergy has suspended trading in its shares while it takes advice from insolvency practitioners after it revealed it will not be able to complete a sale of its Return to Scene business.
A one-day conference focusing on the legal and regulatory challenges facing Indonesia’s oil and gas sector has been hailed a success.
The average cost of renting a property in Aberdeen has fallen by almost £225 a month due to the downturn in the oil and gas industry, according to a new report.
Reach Subsea has agreed on a comprehensive restructuring of its charter agreements which will reduce its debt by NOK45million.
BP raced ahead as investors cheered better-than-expected results despite the energy giant booking hefty losses caused by stubbornly low oil prices.
Plexus Holdings, the Aberdeen-based engineering services company, has raised $5million through a share subscription agreement with Russian oil and gas equipment manufacturer Gusar.
A South African solar power plant has set a new African record for the continuous, round the clock supply of electricity.
Amec Foster Wheeler has been awarded a front-end engineering design (FEED) contract to modernise the Heydar Aliyev Oil Refinery (HAOR) in Baku, Azerbaijan.
The boss of acquisition focused oil and gas junior Jersey Oil and Gas said he believed the North Sea oil and gas industry has had its Northern Rock moment of panic and was now getting on with the task of reestablishing itself as a viable sector.
The head of the Oil and Gas Innovation Centre has said the challenge of getting technology into oil field remains a huge challenge, despite the benefits innovative products and techniques could offer the cash strapped industry.
Above-normal temperatures during the 2015-16 winter were a key factor in lowering heating demand and winter fuel expenditures.
Saudi Arabia’s Cabinet has approved a plan laying out economic reform priorities for the next 15 years which are aimed at moving the kingdom away from its reliance on fossil fuels.
Fugro has been awarded a supply arrangement by the Canadian Hydrographic Service (CHS) to provide vessel based survey services.
Sterling Energy said its loss widened in the first quarter of 2016, as production from its Chinguetti field in Mauritania fell due to temporary flow assurance issues.
Oil markets are signaling that prices have bottomed out even as growth in demand for crude is forecast to slow this year, according to a senior executive at Vitol Group, the world’s largest independent oil trader.
Belarusian milk has been found to contain a radioactive isotope at levels 10 times above the nation’s food safety limits.
Scotland could see thousands of new jobs created if the country becomes a world leader in new energy technology, according to a business leader.
Premier Oil's shareholders have backed the company's plans to acquire the whole of E.ON's UK North Sea assets $120m (£83m).
Shell has confirmed it will close the former BG Group’s offices in Aberdeen by the end of the year as it launched a voluntary redundancy scheme for UK staff.
GE Oil & Gas has signed an agreement with the Iraqi Ministry of Oil that aims to strengthen the performance of the nation’s energy sector and create local jobs.
Staff at Petrofac in Aberdeen have raised more than £42,000 to help premature and sick babies at Aberdeen Maternity Hospital.
Oil and gas consultancy Add Energy, has agreed a £3million enhanced global maintenance integrity and asset performance management agreement with Shell.
SacOil has decided against signing an African Renaissance Pipeline Project joint venture agreement.
Wood Group has won four subsea contracts with Statoil on the Norwegian continental shelf (NCS).
