Gap widens between petrol and diesel prices
A big gap has opened up between petrol and diesel prices at the pumps, figures from the AA showed yesterday.
Markets
Chairman in bid to take Cosalt private
The chairman of engineering firm Cosalt, David Ross, is poised to table a £340,000-plus offer for the company to take it off the Stock Exchange.
Encore Oil and Premier Oil shares rise on tough day for markets
Investors deserted the London market today as fears of a eurozone collapse were fuelled by a worrying rise in Spain's borrowing costs.
Amec confident of continued future growth
International engineering and project management firm Amec said today it was confident of continued future growth despite global economic uncertainty.
Parkmead shares continue recent rally, Cairn Energy also among risers
A gloomy forecast from the Bank of England compounded fears over the future of the eurozone and further knocked the confidence of investors today.
DEO ups stake in Perth field after Maersk withdrawal
Aberdeen oil firm DEO Petroleum has increased its stake in the North Sea Perth field by 10% after Maersk Oil withdrew from the project.
EnQuest production on target after 20% rise
Oil and gas firm EnQuest today said its production has increased by 20% on last year.
Libyan production increasing faster than expected
Efforts to restore oil production in Libya are progressing faster than anticipated, according to a report by the International Energy Agency (IEA).
MP confident islands will see fuel duty discount by spring
A scheme to reduce the price of fuel sold on the Scottish islands could be in place by the spring, according to the MP for Orkney and Shetland.
Premier Oil shares rise but Faroe Petroleum suffers fall
Moves by Italy's premier-designate Mario Monti to form a new cabinet failed to cap the country's soaring borrowing costs and restore confidence to the markets today.
Shell receives approval to capture raw gas in Iraq
Royal Dutch Shell has received final approval to gather raw gas from three major Iraqi oil fields.
Market responds well to Parkmead acquisition
David Barclay, divisional director of Brewin Dolphin based in Aberdeen, gives his view on today's acquisition by Parkmead.
Premier to refocus investment on North Sea
UK-based oil and gas firm Premier Oil said yesterday it would be refocusing on the North Sea after launching two new developments in Asia.
Acquisitions by Parkmead and Taqa Bratani
North Sea oil firms Parkmead Group and Taqa Bratani have this morning both announced acquisitions in the basin.
Parkmead and Xcite shares up, EnQuest and Petrofac down
Investors shied away from risk today as the enormity of the task faced by new governments in Italy and Greece sank in.
Cairn Lanka finds gas in Barracuda
Cairn Energy's Indian subsidiary said today it had made a gas discovery in the Mannar Basin off Sri Lanka.
BG Group underlines offshore Brazil potential
BG Group said today the potential of its Brazilian Santos basin discovery had been underlined by a strong well test and results of its latest well.
Growing demand leads to city firm opening office in Canada
OIL and gas commissioning and technology specialist qedi said today it had reached another milestone in its rapid global growth by entering Canada.
Energy and mining firms doing well
CAPE supplies and manages industrial scaffolding and insulation, and undertakes cleaning and painting to the offshore and onshore oil and gas industries.
Growing demand leads to city firm opening office in Canada
OIL and gas commissioning and technology specialist qedi said today it had reached another milestone in its rapid global growth by entering Canada.
Aker picks up £77m Brynhild project
Aker Solutions has signed a £77million contract with Lundin for subsea work on its Brynhild project on the Norwegian continental shelf.
Xcite tops up its funds
Aberdeen-based oil explorer Xcite Energy today said it was to use £2.5million from an investment facility to help it towards first oil on the Bentley field.
Sevan sells FPSOs to new partner Teekay
Troubled Norwegian floating production specialist Sevan Marine has agreed to sell some of its vessels to marine firm Teekay.
Energy supplier SSE slips into the red
SSE fell into the red during the six months to September 30, figures from the Perth-based energy supplier showed yesterday.
Aberdeen Asset Management and Cairn among market fallers
Investors deserted the markets today after a jump in Italy's borrowing costs pushed the country into "bailout territory".