Brexit not the priority for European Union countries, admits Philip Hammond
Brexit is not a dominant issue for European Union countries, Philip Hammond acknowledged as he called for jobs and prosperity to be the first priority in the negotiations.
Fracking site entrance blocked in protest against drilling process
Protesters have blockaded the entrance to a fracking site as part of a month of action to resist the controversial drilling process.
Seplat extends loan, chips away $1billion debt pile
Seplat has successfully extended its revolving credit facility.
Arab nations extend Qatar crisis deadline
Arab nations have extended a deadline for Qatar to respond to their list of demands in a diplomatic crisis rocking the Gulf, saying Kuwait’s emir requested the delay in his effort to mediate in the dispute.
Scottish Power offers reward after power cut
A utility firm is offering a £3,000 reward to anyone with information which leads to the conviction of vandals who caused a power cut in 1,000 homes.
Oil tanker and bulk carrier collide in Dover Strait
An oil tanker and a bulk carrier have collided in the Dover Strait.
Regulator considering price cap on energy bills for vulnerable consumers
The energy regulator is considering introducing a price cap on bills as part of new proposals aimed at protecting vulnerable consumers.
Ukraine claims Russian secretary services behind cyber attack
Ukraine has alleged that Russian security services were involved in launching a massive cyber attack which locked up computers across the world.
US rig count falls after five months of growth
The streak is broken. For the first time in 23 weeks, the number of oil and gas rigs in U.S. fields fell — albeit just by one rig, at the end of a long, slow fall in crude prices.
Baker Hughes shareholders approve GE merger
Baker Hughes shareholders overwhelmingly approved a merger with GE Oil & Gas on Friday morning. The company announced the deal is scheduled to close on Monday.
Think tank warns government on infrastructure decisions – including Hinkley Point
Taxpayers’ money and government time is wasted by ministers backing the "wrong" infrastructure projects with a risk that poor decisions could lock in harmful effects on the economy, a think-tank has warned.
Lundin gets go-ahead for wildcat well
The Norwegian Petroleum Directorate has granted Lundin Norway the go-ahead for its latest wildcat well.
Drop into recession ‘in the balance’, economic experts warn
Economic experts have warned it is “in the balance” whether or not Scotland formally goes into recession next week.
Government’s decision-making over infrastructure ‘must improve significantly’
Taxpayers’ money and government time is wasted by ministers backing the “wrong” infrastructure projects with a risk that poor decisions could lock in harmful effects on the economy, a think-tank has warned.
Gas and electricity bills up over 70% in last decade, study shows
The cost of household bills have risen twice as fast as salaries over the last decade, according to a study.
Stocks slip on Wall Street after tough day in technology sector
Technology shares led a broad slide in US stocks Tuesday after a day of mostly choppy trading.
BP’s Bob Dudley: ‘Global energy markets are in transition’.
BP's chief executive Bob Dudley has said that global energy markets are "in transition", as he revealed the results of the supermajor's annual Statistical Review of World Energy.
Strong opposition for Trump’s proposal to pull out of nuclear deal, survey finds
A massive international survey has revealed scant confidence outside the United States in Donald Trump’s ability to do anything right on world affairs.
Syria’s Assad will pay ‘heavy price’ for chemical attack, US warns
The White House has issued a warning to Bashar Assad as it claimed “potential” evidence showed Syria was preparing for another chemical weapons attack.
Opinion: OPEC looks totally bewildered as the oil market reshapes
It may be too soon to write OPEC's obituary, but the oil producer club appears in urgent need of late-life care. It shows little understanding of where it is, how it got there or where it's going. While it still manages to collect new members here and there, its core group looks more fragile than at any point in nearly 30 years.
Labour to bring forward bill to ban fracking in Scotland
Labour is to bring forward a Bill aimed at banning fracking in Scotland.
Workers return to North Sea’s Bruce as BP launches investigation
Workers were today flying back to the Bruce platform after being evacuated on Friday.
Aker wins Mozambique job
Aker Solutions was awarded a contract to deliver three umbilicals and associated equipment at ENI's Coral South project, Mozambique's first offshore field development.
Atlus Intervention wins five-year deal with Maersk Oil
Atlus has won a five-year deal with Maersk Oil for its wireline services on the Danish Continental Shelf.
Road greenhouse gases and air pollution action ‘may bring big tax receipts hole’
Urgent action is needed to tackle both greenhouse gases and air pollution from road transport - but it could leave a multibillion-pound hole in annual tax receipts, a report warns.