Tomorrow, I will host a meeting of the leading players in oil and gas – who will come together to develop a raft of new measures designed, not just to sustain business in the North Sea, but also future-proof the North-east economy for generations to come.
The chief executive of DNV GL said Britain's vote to leave the European Union will not cause the North Sea oil and gas industry to be shaken "completely upside down".
Scots, famously, tend to root for any sports team that plays against England. The roar of jubilation at Edinburgh’s Three Sisters bar Monday night as tiny Iceland knocked Scotland’s ancient rival out of the European soccer championships had an extra edge.
Plans for an offshore wind farm off Scotland's north-east coastline are moving forward, despite uncertainties over whether the project will still get access to EU funding.
The full effects of the UK’s decision to leave the European Union are yet to be fully understood, and is unlikely to be until well after Article 50 is activated and negotiations formally begin.
Scientists have deployed a unique buoy 22 miles off the coast of New York’s Fire Island to monitor several species of great whales in “near real-time”.
English firm Fraser Well Management (FWM) has opened an office in Aberdeen as part of plans to broaden its UK operations and to drive expansion beyond the North Sea.
Venezuela’s oil output, already the lowest since 2009, is set to slide further this year as contractors scale back drilling after the cash-strapped country fell more than $1 billion behind in payments.
Norway's sovereign wealth fund has banned Cairn Energy and Kosmos Energy from its portfolio due to their business in the disputed territory of West Sahara.
A.P. Moeller-Maersk A/S is intensifying its search for acquisitions to build up its oil unit as the Danish shipping and petroleum conglomerate loses Qatar, the biggest field in its portfolio.
India is offering global oilfield service providers starved of new contracts a $27 billion lifeline as the government’s ambition to cut fuel imports drives fresh investment.