Profits fall at Diamond Diamond Offshore
Drilling, which has a UK operation based in Aberdeen, has reported a fall in annual profits.
Markets
Cairn India boss cashes in shares
The boss of Cairn India, in which Scottish oil explorer Cairn Energy retains a minority stake after selling much of the business to Vedanta Resources, has sold over half of his own shareholding for £6.64million.
Footsie spurred on by positive signs in the US
The FTSE 100 Index rose 5.4 points to 5,796.1 today after US Federal Reserve chairman Ben Bernanke said the world's largest economy had recently shown signs of improvement.
TWMA in top 10 for fast growth
Aberdeen-based integrated drilling-waste and environmental service company TWMA has been ranked in the top 10 private-equity-backed firms in the UK.
Nautical to take 25% stake in Hydra prospect
Oil and gas explorer Nautical Petroleum said today it had entered into an agreement with First Oil Expro to buy a 25% stake in a North Sea block containing the Hydra prospect.
Banking stocks drive strong FTSE gains
Banking stocks led strong gains on the London market yesterday as optimism surrounding the global economic outlook strengthened.
Cosalt investors set to vote
Cosalt shareholders are expected to meet soon to decide the company's future.
Weak US data fails to stop FTSE 100 advance
The FTSE 100 Index closed 10 points higher at 5,681.6 today despite weak economic data from the US.
FTSE 100 pushes ahead on hopes for Greek deal
Rising hopes that Greece will avoid default by thrashing out a deal with lenders pushed London's leading shares index to a six-month high today.
Centrica ups Statfjord stake with £142million investment
UK operator Centrica said yesterday it had signed a £142million deal to more than double its stake in a North Sea development.
Plexus and Xcite shares rise, EnQuest among fallers
Greece's failure to reach a concrete deal with creditors to avoid a default depressed world markets today.
London’s main market hits six-month high
The revival of talks to restructure Greece's debt mountain helped push the FTSE 100 Index to a fresh six-month high today.
Fears of Greek tragedy weigh on the FTSE 100
Fresh fears that Greece and Portugal will sink under the weight of their debts saw London's leading shares index fall further from a six-month high yesterday.
Onwards and upwards in Aberdeen
Norwegian financial services group DnB said Aberdeen was a natural point to continue the expansion of its international network. The group, the largest financial group in Norway, opened its new office in Aberdeen just over a month ago.
London’s top shares fall on fears of Greek tragedy
Hopes that Greece will reach an agreement with lenders to avoid a default faded today, causing London's leading shares index to retreat from a six-month high.
Xcite plans temporary pipes
Oil explorer Xcite has asked the Department of Energy and Climate Change for permission to install temporary pipelines for work on its Bentley field.
Hunting says profits likely to exceed City predictions
International oil and gas services group Hunting said yesterday profits for 2011 were likely to have exceeded the City's predictions for a haul of up to £72.8million.
Plans outlined for Fionn field
Valiant Petroleum is expected to submit a field development plan for the Fionn field in the northern North Sea in the first quarter of 2012.
Further takeover activity on the cards?
Yesterday's announcement from Ithaca adds fuel to the potential for further takeover activity in the North Sea just weeks after Premier Oil completed its acquisition of EnCore Oil.
ENI says Libya output almost back to pre-conflict levels
Italian group Eni's oil output in Libya is almost back to its pre-conflict levels at 260,000 barrels per day (bpd), its chief executive Paolo Scaroni has said.
Fuel boss will face questions on costs
The boss of Scottish Fuels will face islanders' questions on the cost of fuel at a public meeting in Stornoway at the end of the month.
Energy firms among big Footsie fallers
London's leading shares index ended four days of gains today after ongoing talks in Greece over the country's debt mountain kept traders on the sidelines.
Premier says it is on course for increase in output despite Kyle shutdown
Premier Oil said today it was on course to grow production by around 50% during 2012, in line with its previous target, and would focus more on existing assets than new acquisitions this year.
New staff intake at Airpac Bukom in Aberdeen
Air and steam equipment rental specialist Airpac Bukom Oilfield Services has made new appointments in Aberdeen.
Aldous/Avaldsnes gets new name
Norway's giant Aldous/Avaldsnes discovery has been renamed Johan Sverdrup after the leader of a political movement in the country.