Chancellor George Osborne’s oil price fears over Iraq violence
Britain could provide logistical support for US strikes against insurgents in Iraq, Cabinet minister Iain Duncan Smith said amid reports of a Cabinet rift over the issue.
Britain could provide logistical support for US strikes against insurgents in Iraq, Cabinet minister Iain Duncan Smith said amid reports of a Cabinet rift over the issue.
Money matters relating to the North Sea oil and gas industry have been one of the key issues debated by economists and politicians during Thursday's Scottish Independence, organised by the Aberdeen and Grampian Chamber of Commerce (AGCC).
Sunni militants besieging a key Iraqi oil refinery are regrouping to resume their assault, the army officer in charge of its defence has said.
North-east business leaders delivered a resounding verdict against Scottish independence after a debate in Aberdeen last night.
The chair of Aberdeen-based Oil and Gas Innovation Centre has been appointed the first director of Robert Gordon University's newest industry-focused initiative.
Last week I was pleased to chair the very first Oil & Gas UK Annual Conference.
Confusion surrounds the status of Iraq’s largest oil refinery, with witnesses reporting militants have hung their black banners at the site, while senior security officials claim the government still holds it.
There is on the PolicyMic website some marvellous old British Pathe footage of Iraq during the 1950s. It paints a picture of an ancient land once called Mesopotamia and people aware of their heritage.
North-east oil workers have started pulling out of Iraq as Islamic militants marching on Baghdad attacked the country’s biggest energy terminal.
The Beiji plant, Iraq's biggest oil refinery, has become the latest target of the escalating conflict in the country, raising concerns over production in the region.
Islamic militants have attacked Iraq’s largest oil refinery, 155 miles north of the capital Baghdad, security chiefs say.
Training for the new Emergency Breathing System (EBS) will be rolled out next month ahead of fast-tracked rules for implementation of the safety measures which come into force in January.
Brent crude was projected by Wall Street analysts to average as much as $116 a barrel by the end of the year. Now, with violence escalating in Iraq, how far the price will rise has become anyone’s guess.
China has extended its help to Iraq.
Energy companies surged on the highest crude prices in eight months as violence in Iraq spurred supply concerns. The yen dropped with India’s rupee while the UK pound strengthened a second day and metals rose.
Helicopter companies including the three main North Sea operators - Bond owners Avincis Group, Bristow Group and CHC - are joining forces to form a new international trade body for the offshore aviation transport sector.
Helicopter operators are preparing for further events that could ground the North Sea’s oil and gas industry’s main transport fleet, a conference heard yesterday.
The biggest asset of the new oil and gas regulator will be its ability to stimulate collaboration, believes Sir Ian Wood.
The UK Government is looking to ease off the tax regime for the oil and gas sector in the coming years to maximise investment and stimulate North Sea economic recovery, claims the Chief Secretary to the Treasury.
Al-Qaida-inspired militants have pushed deeper into Iraq’s Sunni heartland, conquering Saddam Hussein’s hometown of Tikrit as soldiers and security forces yielded ground once controlled by US forces.
As the North Sea enters the next phase of its life, we will make sure it continues to provide jobs and wealth throughout the UK. North Sea oil and gas can work alongside wind, solar, tidal and nuclear power to cut expensive foreign imports and help keep our lights on with British-produced energy. The broad shoulders of the United Kingdom is unlocking the power of Scotland to take its place as one of the world’s great energy hubs – generating energy and generating jobs.
Alex Salmond has told oil and gas leaders that the Scottish Government will part-fund a new offshore regulator in an independent Scotland.
Oil and gas representatives and government figures discussed the progress the sector has made towards putting the UK Continental Shelf (UKCS) activity back on track at the first Oil & Gas UK conference.
The UK Government's penny-pinching is costing the oil and gas industry "vast potential for the future", claims the Scottish First Minister.
Scotland’s oil industry can look forward to “a strong and stable future in an independent Scotland”, First Minister Alex Salmond will say today.