US trader planning to sue oil majors over fixing claims
Energy majors BP and Shell are facing a court battle over allegations of oil price fixing.
Markets
Parkmead shares among risers, Bowleven falls
Blue-chip shares slipped back again today as the FTSE 100 Index continued its retreat from near-record highs.
Chinese-owned Addax on lookout for more North Sea interests
A Chinese owned company said today it wants to buy more North Sea assets this year.
Plexus shares among risers, Petrofac stock falls
Shares dived on the FTSE 100 Index today as a surge which promised to take it to an all-time high was cut short following poor economic figures from China.
Downward pressure on Brent futures from China
Brent crude futures fell below $102 per barrel today over fears that oil demand from China may fall, as the dollar remains strong.
SSE shares among fallers despite bumper profits
The FTSE 100 Index surged to its second-highest ever close today amid further signs central banks will keep the printing presses rolling.
Taqa looking at share options
Abu Dhabi energy giant Taqa said yesterday it was considering ways to increase investor interest in its shares.
SSE and Petrofac among biggest Footsie risers
The FTSE 100 Index surged to its highest close for more than 12 years today as free-spending central banks continue to send investors flocking to shares.
Weir Group and Amec among biggest Footsie fallers
Buoyant banks helped the FTSE 100 Index return to winning ways today as the blue-chip index rose 35.3 points to 6,723.1.
Petroceltic delays listing to complete Algerian farm-out
Irish oil and gas firm Petroceltic is to postpone its listing on the London and Irish stock exchanges until after it completes a second-farm out agreement for its Isarene permit.
Evidence gathering continues in oil trading probe
European anti-trust investigators searched the offices of price agency Platts and at least one major oil company for a third day yesterday, according to news service Reuters.
Faroe Petroleum shares among risers, BG Group down
Investors paused for breath today as they failed to take the FTSE 100 Index to a record-equalling 11th successive day of gains.
Wood Group expects year-end revival at GTS arm
Energy services giant John Wood Group said today delays in its gas turbines division should recover by the end of the year to allow the group to meet forecast growth of 15% for 2013.
BP and Shell shares hit by price-fixing probe
The FTSE 100 Index was on the verge of a record-breaking run today after it closed higher for a 10th day in a row.
Tidewater lands Troms Offshore for $395million
US offshore vehicle provider Tidewater has acquired Norwegian firm Troms Offshore Supply for $395million (£260million).
Video: Tax rate certainty sees energy investment rise
Investment in the UK oil and gas industry has hit record levels thanks to greater certainty over tax rates, according to a survey published yesterday.
Weir Group among biggest FTSE 100 risers
The FTSE 100 Index continued its upward march today as it shrugged off mixed economic news from the US and China.
Brent futures sliding towards $103 per barrel after US growth fears
The price of Brent futures fell towards $103 a barrel today over renewed worries of a slowdown in demand growth from the United States - the world's top oil consumer.
Italian Eni in £1.2billion sell-off as it focuses on upstream
Italian oil major Eni took another step yesterday in its move to focus on upstream operations, with the £1.2billion (1.45billion euro) sale of a stake in gas transport company Snam.
Apache posts lower profit, targets $4bn in 2013 asset sale
Apache Corp has warned its first-quarter profit fell 10 percent because of lower prices for crude oil and natural gas liquid, after saying it planned to divest up to $4 billion in assets by the end of the year.
Amec among biggest Footsie risers
Global markets powered to new stimulus-induced highs today as a recent flurry of action by central banks sent investors flocking to equities.
Brent crude back below monthly high after air strike fears subside
Brent crude oil fell back below $105 per barrel today, after the risk premium caused by an Israeli air strike on Syria faded.
High oil prices putting pressure on traditional oil firms
Professional services firm Ernst &Young (E&Y) has said high oil prices are continuing to put pressure on some of the world’s largest oil and gas firms.
Lundin Petro says Luno II holds up to 120million barrels of oil
Sweden's Lundin Petroleum said on Monday its Norwegian Luno II field contained a slightly smaller than expected 25million to 120million barrels of oil equivalent (MMboe), pushing the Swedish exploration firm's shares lower.
Brent reaches one month high above $105 after Israel strikes Syria
An Israeli air strike on a Syrian military facility over the weekend has prompted worries over supply disruption worries from the Middle East, with Brent futures rising to the highest in nearly a month above $105 per barrel