Brent halts gain near $40 as stockpiles counter freeze proposal
Brent oil halted gains above $40 a barrel as forecasts that U.S. stockpiles would remain at the most since 1930 competed with speculation producers may agree to an output freeze.
Daily
Callum McCaig: Osborne it’s time you repay the industry that paid you
Scotland’s oil and gas industry has generated well over £300billion for Treasury coffers and it employs more than 375,000 people from across the UK. It is an important industry for the north-east of Scotland and the national economy, and one that has benefited UK government expenditure for very many years.
Npower cuts 2,400 jobs after reporting £100million loss
Npower is to cut 2,400 jobs after reporting losses of more than £100million.
Double boost for Premier Oil shares
Premier Oil saw tens of millions of pounds piled onto its market value yesterday.
MOL UK boss Chris Bird leaves post
Hungarian oil company Mol has confirmed the departure of its UK boss, Chris Bird.
Transocean delays jackup delivery until 2020
Transocean today confirmed it would delay the delivery of five jackup until 2020.
Aberdeen’s technology centre details revealed
The £180million technology centre proposed for the oil and gas sector in Aberdeen will be like nothing the industry has seen before, a spokeswoman has claimed.
Opinion: When standardisation includes merging back offices
We have all become accustomed to the chants of the industry about how more has to be done to ensure sustainable economics and thus the longevity of the basin. To date much of the call has been on the government or related bodies to reduce taxation and provide support for the sector in this low commodity price and high cost era.
Chevron kick-starts production from $54billion Gorgon project
Chevron confirmed it had successfully started production from its $54billion liquefied natural gas (LNG) and condensate Gorgon Project.
Tech Tuesday: Could the canteen fridge pose an energy security threat?
As if rogue governments, Anonymous vigilantes and international terrorists didn't pose enough of a cyber-security threat, it seems the humble fridge may be placed on the watch list if the Internet of Things takes hold in the energy industry.
Father Ted explains the Vale-Fortescue Iron Ore venture
For a succinct explanation of why Vale and Fortescue Metals are setting up a joint venture to sell some 80 million to 100 million metric tons of iron ore a year, your first stop should be the British-Irish sitcom Father Ted.
Old-School ways beating oil rout in birthplace of petroleum age
Charlie Fairbank, the great grandson of one of the world’s first oilmen, has turned to a century-old technology to keep his 350 Ontario oil wells competitive in a world of $35 crude.
Collaboration: what do we think it means?
Collaboration: what does it mean to you?
UK government backs EDF Energy after CFO departure
The UK Government has reiterated its "full support" for EDF Energy's plans to create a new nuclear power station at Hinkley - after a senior figure quit the firm.
75% of the price of diesel ‘goes to Chancellor’
The proportion of tax in diesel prices is at its highest level in more than a decade, according to a new study.
Number of energy complaints up 38%
Scottish consumers made five million complaints about products and services last year, according to a survey.
Clinton doubles down against fracking in debate, raising alarms
Hillary Clinton’s promise during a debate Sunday to aggressively regulate fracking deepens the divide between Republican and Democratic presidential candidates on oil and gas development and signifies her continued shift to the left on environmental issues.
Iran oil lands in Europe for first time since sanctions end
The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels of crude in just 17 days, but its journey has been four years in the making.
Island leaders make renewables call in bid to create 2,000 jobs
Island leaders have called on the UK Government to connect their remote renewable energy projects to the national grid to harness up to £725 million of economic benefits and create 2,000 jobs.
Opinion: Unleashing the potential of shale gas
The emergence of unconventional gas over the past few years has transformed the global energy market. Breakthrough technology has enabled key producers, especially in the US to supply the global market with shale gas, reshaping the energy landscape in its wake. Since this revolutionary technology was brought to market, companies have looked to deploy it in many markets as part of a global shift to a low carbon, energy secure future.
Do you have the answers for unlocking the North Sea’s potential? The OGA wants to pay you for them
The Oil and Gas Authority has launched a £500,000 competition aimed at unlocking the North Sea's exploration potential.
Zennor completes First Oil buy, re-launches firm
Zennor Petroleum today confirmed it had completed the purchase of First Oil’s subsidiary First Oil Expro and Antrim Resources.
Petroceltic to suspend shares amid uncertainty
Petroceltic today confirmed it would suspend its shares from trading on AIM, London’s junior stock exchange, effective immediately amid financial uncertainty.
Exclusive: Siccar Point makes bargain buy into Statoil’s Mariner
A new generation UK oil & gas junior is in the final stage of buying its way into the Mariner heavy oil field having agreed to purchase a chunk of JX Nippon Exploration & Production UK’s 28.89% stake.
North Sea: Revitalising exploration at the crux of survival
Exploration in British waters has absolutely crashed and is now at its worst ever in the entire history of our still strategically vital offshore oil & gas industry.