Statoil makes gas discovery in Barents Sea
Statoil this morning confirmed a new gas discovery in the Barents Sea.
Cairn Energy in Senegal pay
Cairn Energy's SNE North-1 exploration well offshore Senegal has encountered an oil and pay pay.
US to respond to Russia diplomat expulsion order by September 1
The United States will respond by September 1 to Russia’s attempt to force a major reduction in American diplomatic staff, Rex Tillerson has said.
China urges North Korea to stop missile test and resume talks
Chinese Foreign Minister Wang Yi has urged North Korea to abide by UN resolutions and stop provoking “the international community’s goodwill” with missile launches and nuclear tests.
Government launches independent review of higher energy bills
An independent review into the cost of energy has been launched by the Government amid concerns about rising bills.
Volkswagen executive pleads guilty over emissions scandal
A German Volkswagen executive has pleaded guilty in the US to conspiracy and fraud charges over a scheme to cheat emission rules on nearly 600,000 diesel vehicles.
Donald Trump applauds new UN sanctions on North Korea
President Donald Trump has praised new sanctions the UN Security Council approved for North Korea, saying they will have a “very big financial impact”.
North Korea warned of nuclear ambitions as UN sanctions ramped up
Kim Jong Un’s nuclear ambitions could be “catastrophic for the world”, the UK warned, as the United Nations Security Council backed an escalation of sanctions against Pyongyang.
Dinosaur found in Suncor mine was a ‘big chicken’
A heavily armoured dinosaur whose remains were found in a Suncor mine in Canada used camouflage to hide from predators despite being built like a tank, say scientists.
Workers need 160 years to earn chief executive salary, report finds
Workers would take 160 years to earn the annual salary of an average company chief executive despite a slowdown in top pay, a new report reveals.
Iran rocket launch ‘inconsistent’ with nuclear programme
Four Western allies have called Iran’s recent launch of a satellite-carrying rocket “a threatening and provocative step” that is “inconsistent” with a UN resolution endorsing the 2015 agreement to rein in its nuclear programme.
Embassy staff families withdrawn from Venezuela amid civil unrest
Jeremy Corbyn is under pressure to personally condemn Venezuelan president Nicolas Maduro amid violence in the South American state that has seen the families of British embassy staff withdrawn.
Judge rejects Exxon’s bid to reduce penalty payment
A Houston federal judge has denied Exxon Mobil's request to reduce a nearly $20 million civil penalty for releasing millions of pounds of air pollutants from its Baytown refinery over the course of eight years.
British Gas hits 3.1million customers with price hike
British Gas has announced it is to hike its electricity tariffs by 12.5% in September in a move affecting 3.1 million customers.
Oilpro to permanently shut
Oilpro, a popular oil and gas networking site, will permanently shut after its founder pleaded guilty to stealing data from rival site Rigzone.
Bank told to provide details of preparations made by firms for cliff-edge Brexit
The Bank of England has been asked to reveal how City firms are preparing for a cliff-edge Brexit, in one of Nicky Morgan’s first moves as Treasury Select Committee chairman.
Scaramucci fired as White House comms chief as Trump denies chaos
Anthony Scaramucci was ignominiously sacked as White House communications director after less than two weeks just hours after Donald Trump’s new chief of staff began work.
Venezuela President defiant as US slaps sanctions on him
President Nicolas Maduro has claimed a popular mandate to dramatically revamp Venezuela’s political system, dismissing US sanctions imposed on him and condemnations by his domestic opponents.
Merlin nets two top drilling awards
Scottish drilling firm Merlin ERD have reinforced their position as industry leaders as two senior employees win Drilling Engineering Awards from The Society of Petroleum Engineers (SPE).
Water ‘fingerprint’ technique proposed as Carbon Capture and Storage technology
Scottish scientists have found cost-effective and reliable way to monitor the storage of the most common greenhouse gas, carbon dioxide (CO2), deep underground.
Shetland wind company lays off half of staff
The company behind plans to build a large wind farm in the central mainland of Shetland has made half of its staff redundant after it became clear that the project would not progress before early 2019.
Brexit having negative impact on economy
Brexit uncertainty is having a negative impact on economic growth and the housing market, according to a new report.
UK economy on course for even deeper slowdown
The UK economy is on course for an even deeper slowdown as consumer spending and business investment take a hit from uncertainty surrounding the Brexit negotiations, new research has found.
Exxon renews university project to develop biofuels
A leading university and a oil supermajor have renewed efforts to try to work out how to turn biomass into motor fuel.
New appeal for MPs to ‘work together’ on Brexit ahead of repeal bill publication
The Brexit Secretary made a fresh appeal for MPs to “work together” on Britain’s exit from the European Union ahead of the publication on Thursday of the major Repeal Bill to remove the supremacy of Brussels law.