FTSE 100 hits new record high as year-end market rally continues in 2017
The FTSE 100 rose to a fresh record high on the first official trading day of 2017 as the year-end market rally continued into January.
Russia output on the rise
Russia's oil output was on the rise, according to government data.
Construction on $19.8million gas pipeline completed
Construction work on a $19.8million gas pipeline has been completed in Queensland.
Amerisur Resources on the hunt for new board members
Amerisur Resources has launched a search for two new board members after back-to-back departures.
North Korea will not develop nuclear weapon that can reach us, Donald Trump says
Donald Trump has insisted that North Korea will not develop a nuclear weapon capable of reaching the United States.
Manufacturing output starts New Year on ‘Strong Footing’
Output in Britain’s manufacturing industry has started the new year on a “strong footing” after unexpectedly leaping to a two-and-half-year high at the end of 2016.
Video: How a North Sea platform confirmed Rogue Waves Phenomena
On January 1, 1995 a North Sea platform helped crack one of the ocean's most elusive legends. Twenty-two years ago the first ever rogue wave was recorded by a measuring instrument on the North Sea's Draupner platform.
Opinion: What now for Scotland’s energy?
We could be forgiven for thinking that the transition to sustainable energy has been achieved. In 2014, renewables generated 49.9% of Scotland’s electricity output, and 59.4% in 2015. On 7 August this year, renewable power provided more electricity than Scotland needed [2] and, in the third quarter, it produced 26% of the entire UK’s needs.
2016: The year of Total’s Laggan-Tormore
2016 saw Total's Laggan Tormore finally come on stream. It was first for West of Shetland exploration. After years of delays and overspend, the landmark development produced first gas. But celebrations were later tempered by a pay dispute. See Laggan Tormore's year in review and find out everything you need to know about the milestone project below.
BJ Services emerges as standalone after Baker Hughes sale
A business with a 144-year history, BJ Services is again emerging as a standalone company after Houston based Baker Hughes said Friday it finalized the sale of a majority stake in the hydraulic fracturing and cementing business.
Oil sector ‘one to watch’ as markets crack on
London could see a wave of flotations from life sciences, tech and resource firms in the new year as the stock market bounces back after a tough 2016, the chief executive of City broker FinnCap has said.
Pollution alers issued as China starts 2017 engulfed in smog
Beijing and other cities across northern and central China were shrouded in thick smog on Monday, prompting authorities to delay dozens of flights and close highways.
Energy and insurance costs up by nearly £200
Households’ annual energy, home and motor insurance costs have jumped by nearly £200 over the last year, according to a website.
Alex Kemp: ’16 worse than ’86 but let’s talk about 2017
To state that the years 2015 and 2016 have been difficult for activity in the North Sea oil sector would be a gross understatement.
Remodeling Nigeria’s oil sector: The Petroleum Industry Bill as a solution
In 2008, painfully aware of the need to revamp the workings of the oil sector in Nigeria, the Obasanjo Government took the decision that the regulatory framework of operations in the sector needed to be better clarified and aligned. To do so, it sought to introduce umbrella legislation in the sector, popularly described as the Petroleum Industry Bill (PIB). At the time, I had led the Aiteo Group, a growing indigenous energy entity, for some eight years. It was a period of considerable growth for Aiteo within which it had established itself as a major player in the energy space in Nigeria.
David Cameron and the North Sea
January last year saw oil plummet to a $29 a barrel.
Best Opinion: When saying sorry isn’t enough
We've rounded-up our best opinion pieces of the year. 'When saying sorry isn't enough' addressed a politician's refusal to say "North Sea" and "crisis" in the the same sentence. Later, Professors Alex Russel and Peter Strachan scripted a North Sea skit telling everyone why they were 'lumberjacks and okay'. Scroll through our gallery and click 'Read Article' to see the cracking opinion pieces in full.
New Year to be just as rocky after markets ride out bumpy 2016
Stock markets worldwide rode out a tumultuous 2016 after a barrage of political shocks and experts are warning the year ahead will be every bit as volatile and unpredictable.
Gas and electricity prices ‘top worry for consumers’
Energy prices are the top concern for an increasing number of consumers, while distrust for providers has also risen, a survey has found.
Best Opinion: Why Trump is good for energy
We have Trump and Brexit in our latest gallery. What do those two upsets mean for energy? Scroll our gallery to get our authors’ take. Plus why is the Wall Street throwing billion at the Permian Basin? Click ‘Read Article’ for more. Best Opinion: Why Trump is good for energy
Best Opinion 2016: 1988 challenges still face North Sea
Safety’s work is never done, according to our latest author. Read his take and why you need to wait to know the oil price in the gallery below. Click “Read Article” to the see the piece on full. Best Opinion 2016: 1988 challenges still face North Sea
Best Opinion: North Sea – the UK’s forgotten industry
MP Callum McCaig said the "the Tories need to wake up and realise that this industry isn’t a political plate they can pick up and spin for attention when it suits them". Catch his thoughts and more by scrolling our 'Best of' gallery and clicking 'Read Article'.
Opinion: UK Subsea Industry best placed for new norm
When looking at oil price trends over the years since the 1920s, it becomes apparent that apart from the cyclical spikes every few years, $100 plus was never going to be the norm. However, we became complacent in that unprecedented period of sustained, high oil price and the thought of living in $50 - $55 oil seemed unthinkable in 2014.
Opinion: Strength of ‘brand Aberdeen’ could bring supply chain opportunities in India’s growing energy market
As the dawn of “Asia’s Century” is well and truly underway, surely this creates a number of potential opportunities for Scotland and the UK as Brexit opens up a new world of opportunity and untapped potential.
Best Opinion: North Sea smoke and mirrors
In our latest round-up of the best opinion of the year, our author tackles North Sea “smoke and mirrors”. Find out more by scrolling through our gallery and clicking ‘Read Article’. Best Opinion: North Sea smoke and mirrors