Sterling slides amid UK government uncertainty
The pound continued to lose ground against the dollar and euro on Monday as uncertainty over the future of Theresa May’s fragile Government weighed on the currency.
Qatar begins shipping cargo through Oman to bypass Gulf rift
Qatar has begun shipping cargo through Oman to bypass Gulf countries that have cut off sea routes to the tiny, energy-rich nation, the latest move by Doha to show it can survive a diplomatic dispute with its neighbours.
Texas begins testing Balmorhea springs as Apache drills nearby
The Texas Parks and Wildlife Department is so concerned about a plan to drill thousands of oil wells around Balmorhea State Park in West Texas that it has embarked on an unprecedented environmental study of the springs that feed the park's famous pool, provides drinking water for thousands of people and supports one of the most sensitive ecologies in Texas.
Three die after drillship blast
Three men have died after a boiler room blast on the Odebrecht Oil & Gas (OOG) drillship Norbe VIII.
Europa Oil & Gas in second cash haul for UK operations
Europa Oil & Gas this morning confirmed it has been successful in its bid to raise more cash for its UK operations.
Powersharing talks resume amid fears over impact of Tory/DUP deal
Talks to restore powersharing in Northern Ireland will resume later amid uncertainty over the impact of the anticipated Democratic Unionist/Conservative parliamentary deal.
Who’s who in Theresa May’s new cabinet?
Former foreign secretary Mr Hammond remains as Chancellor of the Exchequer. He has previously served as transport secretary and defence secretary. The “reassuringly boring” choice, Mr Hammond, 61, studied philosophy, politics and economics at Oxford University and is believed to have a devout belief in economic stability and prudent public finances.
Employers ‘totally unprepared’ for migration fall after Brexit, study finds
Firms are being urged to step up their preparations for Brexit after a new study found that employers are “totally unprepared” for a fall in migration once Britain leaves the EU.
Theresa May warned: You will never lead Tories into another General Election
Theresa May has been warned by senior Conservatives that she will never lead the party into another General Election after last week’s humiliation at the ballot box.
Gulf nations may let some Qataris stay amid diplomatic
Bahrain, Saudi Arabia and the United Arab Emirates have signalled they may allow some Qataris to stay in their countries amid a diplomatic rift with the Gulf nation.
Gaddafi’s son released after more than five years of detention
Saif al-Islam, the son and one-time heir apparent of late Libyan dictator Muammar Gaddafi, has been released after more than five years in detention, his captors said.
Tories to lose majority as hung parliament looks increasingly likely
Theresa May’s decision to call a snap election will end with the Conservatives losing its majority in a hung parliament, according to the PA’s latest forecast.
Richard Branson brands Trump ‘naive’ for exiting Paris Climate Deal
Virgin tycoon Sir Richard Branson has called US president Donald Trump “very naive” for withdrawing from the Paris climate accord.
Sterling plunges after shock exit poll
The pound plunged following a shock exit poll that indicated that the Conservatives have fallen short of an overall majority, resulting in a prospective hung parliament.
Theresa May’s future as PM questioned as exit poll predicts tight result
Questions have been raised over Theresa May’s future as Prime Minister and Conservative Party leader, after an exit poll suggested her massive gamble on a snap election has backfired.
US stock market receives boost from financial companies
Financial companies have led US stock indexes upwards, nudging the Nasdaq composite index to a record high.
North Sea oil policy incompatible with climate change push, MSPs told
Maximising oil and gas extraction in the North Sea is incompatible with Scotland’s climate change commitments, the Greens have said.
Qatar leadership ‘may change’ in diplomatic crisis
An outspoken Emirati ruling family member has raised the prospect of Qatar’s leadership changing amid a growing diplomatic crisis between it and other Arab nations attempting to isolate the energy-rich travel hub from the rest of the world.
Wood Group nabs contract for UK Royal Navy submarines
Wood Group has won a two year deal with BAE Systems Submarines.
AkerBP plugs wells on Valhall using power from shore
In an "industry first" AkerBP has Maersk Invincible is being supplied with electricity through the Valhall field.
Tributes paid after Roustabout boss dies aged 67
An energy magazine boss and charity champion who was "kind, helpful and a true friend" has died aged 67.
Five workers exposed to radiation at Japan nuclear lab
Five workers at a nuclear facility that handles plutonium have been exposed to high levels of radiation after a bag containing highly radioactive material broke during equipment inspection, Japan’s Atomic Energy Agency said.
Trump changes tone on Qatar
US president Donald Trump has told Saudi Arabia’s King Salman that a united Gulf Cooperation Council is “critical to defeating terrorism and promoting regional stability”.
Trump wades into Gulf crisis
Donald Trump has claimed that Arab leaders told him Qatar is funding "radical ideology" as the energy rich Gulf state faces a diplomatic crisis with Middle East neighbours.
Deepwater Horizon supervisor at time of Macondo disaster dies aged 69
Donald Vidrine, one of two supervisors on the Deepwater Horizon when the drilling rig exploded in the Gulf of Mexico in 2010, has died in Louisiana at age 69.