Unite condemn Shell pension move
Oil giant Shell was attacked yesterday after it said it was closing its final salary pension scheme to new workers.
Markets
Sovereign debt and banking fears fuel FTSE drop
A cocktail of sovereign debt and banking fears in Europe ensured another session of losses on the London market yesterday.
Profits soar at Bond Offshore
NORTH Sea helicopter operator Bond Offshore Helicopters (BOH) saw profits climb 86% during the year leading up to a takeover of its parent, figures showed yesterday.
Former Tesco chairman joins Intertek
A FORMER Tesco chairman with strong north-east connections has started 2012 with a new job and a knighthood.
Petrofac and Schlumberger join forces
Oil services giants Petrofac and Schlumberger said today they had joined forces to tap a "significant" market in production services.
Cove put on the sale block
An AIM-listed oil explorer focused on east Africa has decided to put itself up for sale.
New year revival for the FTSE 100 is short-lived
The new year rally on the FTSE 100 proved shortlived as ongoing fears over the eurozone debt crisis returned to haunt London's leading shares index today.
Shake-up at drilling firm Archer
Drilling and well-services contractor Archer announced an organisational shake-up and a raft of new appointments today.
New chief exec for DeepOcean
Subsea engineering firm DeepOcean Group said today it had appointed a new chief executive to serve from February 1.
Deep water pre-salt find offshore Angola for Maersk
Maersk Oil has said it has made a step towards building a "significant business" offshore Angola after striking pre-salt oil.
Aberdeen shares ‘outshine peers’
Aberdeen Asset Management (AAM) said yesterday the performance of its shares during 2011 outshone its listed peers for a second consecutive year.
Weir, BG and EnQuest shares rise on first day of trading
Investors started 2012 with a burst of optimism today as upbeat manufacturing data from all corners of the world triggered a rally on London's top shares index.
Total ploughing £1.4billion into US shale gas
French oil firm Total is investing £1.4billion in the development of US shale gas reserves in Ohio.
Rockhopper completes sidetrack well
South Atlantic-focused oil and gas explorer Rockhopper Exploration said today it had successfully completed drilling a sidetrack well in the North Falkland Basin.
Petrofac and Amec among Footsie’s biggest risers buts Parkmead, Faroe and Xcite shares fall
The London market closed more than 1% higher today after positive data in the US and a successful bond auction in Italy cheered investors.
Arctic gas field will be developed, says Total
French oil major Total has said it and partners Gazprom and Statoil are still committed to developing a giant Arctic gas field despite a new delay to their final investment decision.
BG Group shares rise but Amec and EnQuest suffer falls
Two successful Italian debt auctions failed to ease eurozone debt fears today as London's leading shares index slipped back into the red in an uncertain session.
Noble announces Cyprus gas discovery
US energy firm Noble Energy said today it had made a natural gas discovery on the Block 12 prospect offshore Cyprus.
Greenland seismic planned for 2012
A new 3D seismic survey offshore Greenland is poised to be carried out in 2012 as the hunt for hydrocarbons in the Arctic region continues.
Ormen Lange plant starts recovery but second storm on way
Norwegian gas flows to the United Kingdom remained choppy today as power began returning to Royal Dutch Shell's Ormen Lange gas processing plant after storms cut off its electricity, said news agency Reuters.
CNOC to pick up Afghan oil contract
Afghanistan's Ministry of Mines will sign the country's first oil contract with China's state-owned National Petroleum Corporation.
Survival name of the game for Dyce firm
ENERGY industry training centre Survivex is planning to add 15 people to its workforce after a successful first six months.
Nautical to buy Nottingham onshore stakes
Oil and gas company Nautical Petroleum has agreed to buy 15% interests in two onshore UK exploration licences from Egdon Resources.
Shares in BP, EnQuest and Faroe Petroleum enjoy festive rise
A pre-Christmas rally ensured the London market closed on a festive note today as the likes of oil giant BP and Johnnie Walker owner Diageo put in a resilient performance.
Active 2012 planned for Bridge Energy
Oil and gas firm Bridge Energy said today it was looking ahead to an active 2012 after buying a 50% stake in the Duart field from Nexen Petroleum Dragon UK.