GE concedes to the French government’s call over its Alstom bid
General Electric has conceded to the French government’s call to push-back its deadline to purchase Alstom SA’s energy units by three weeks.
Lundin Petroleum spuds appraisal well
Lundin Petroleum has spud its appraisal well.
Asco snaps up large slice of Bonnie Rock Transport
Oil and gas logistics firm Asco Group has taken a 60% stake in Australia’s Bonnie Rock Transport and is working on two more acquisitions.
Shell scraps scrip scheme
Oil and gas giant Shell is ending its popular scrip dividends after the scheme became increasingly costly.
Madagascar Oil director quits over ‘differences in opinion’
Madjedi Hasan, a non-executive director of Madagascar Oil today resigned from the board citing "fundamental differences in opinion" with other board members.
BP to appeal disputed payments
BP has asked the the U.S. Supreme Court to review a recent court order regarding its Gulf of Mexico oil spill settlement.
Aberdeen committed to EOWDC as Trump talks loom says director
Gordon McIntosh, director of enterprise, planning and infrastructure for Aberdeen City Council, said he was committed to the 11-turbine European Offshore Wind Deployment Centre (EOWDC).
Subsea 7’s £273.5million North Sea contract to secure 50 jobs
A new £273.5million contract won by energy service giant Subsea 7 for work in the UK North Sea is expected to secure about 50 jobs.
Ewing: Independence will elevate Scotland from the boot to the renewables’ driver seat
Energy Minister Fergus Ewing today said independence would elevate Scotland from the boot to the driver’s seat in the renewable industry.
Scotland set to reap renewable rewards after funding boost
The Scottish renewable market is set to benefit from a bumper investment.
All Energy 2014: Live Blog
Live coverage of the All Energy 2014 conference
France’s Vergnet opens UK base
Vergnet revealed it will launch a new operations and maintenance (O&M) service aimed at the UK market.
Fife offers attractive alternative for the oil and gas industry
Spiralling costs and a constrained talent pool is forcing the oil and gas sector to look further afield than its Aberdeen home base.
World first for community tidal scheme
The world’s first community-owned tidal power turbine has successfully exported electricity its local grid.
Video: Dana’s Western Isles pipeline installation
Watch Subsea 7 complete the export/import pipeline for Dana Petroleum's Western Isles project at its spoolbase in Leith earlier this month.
Russia and China fail to agree gas supply terms
Russia and China have failed to agree a £400billion deal over gas supply.
Dana Petroleum completes Western Isles milestone
Dana Petroleum has successfully installed its export/import pipeline for the Western Isles Development Project.
Vice President Joe Biden to attend fundraiser hosted by Keystone XL opponent
U.S. Vice President Joe Biden is due to attend a fundraiser hosted by Keystone XL opponent Tom Steyer.
Statoil shuts down North Sea platform for the second time in three days after leak
An oil leak has shut down Statoil's Snorre B platform.
Qatar’s Glencore dealmaker breaks exile with Deutsche deal
Sheikh Hamad bin Jassim bin Jabr Al Thani, who played a key role in Glencore International Plc’s takeover of Xstrata Plc, is returning to dealmaking a year after his ouster as prime minister and head of Qatar’s sovereign wealth fund. A long-time civil servant, Sheikh Hamad became prime minister in 2007. He was replaced by the minister of state for internal affairs in June, when then-Emir Sheikh Hamad bin Khalifa Al Thani handed over power to his son, Sheikh Tamim bin Hamad Al Thani. During the outgoing ruler’s 18-year reign, Sheikh Hamad, 55, helped transform Qatar from an indebted emirate to the world’s richest state, capitalizing on liquefied natural gas exports. Sheikh Hamad is injecting 1.75 billion euros ($2.4 billion) into Deutsche Bank AG through his Paramount Holdings Services Ltd. investment vehicle, the Frankfurt-based bank said May 18. That follows an offer by his Al Mirqab Capital SPC vehicle for Jersey-based Heritage Oil Plc. less than three weeks earlier.
New rules cost industry £100million
Rising costs and poor guidance are the two main issues affecting oil and gas companies after changes to National Insurance Contributions (NICs) for offshore workers came in to effect.
Max Petroleum closes Houston office and reduces senior management
Max Petroleum has announced a raft of cost cutting ventures as part of an overarching strategy to save $4million.
DOF Subsea wins call-off from Statoil
DOF Subsea Norway has won a call-off from Statoil for survey work.
Schlumberger launches new reservoir mapping technology
Schlumberger has unveiled new reservoir mapping-while-drilling technology.
OGN’s contract win for Nyhamma gas plant to sustain 600 jobs
OGN Group has landed a multi-million pound contract for the Shell-operated Nyhamma onshore gas plant project in Norway.