High winds that have battered Scotland this winter have pushed its turbine power output up by two-fifths - providing more than enough electricity to fuel every domestic property, an environment charity has found.
OPEC looked on track to maintain the status quo after member states clashed over oil production policy at an unusual informal gathering before the group’s official meeting in Vienna today.
Mozambique's potential to become one of the largest gas producers in the world can provide Aberdeen supply chain companies with new opportunities to export their North Sea expertise, according to industry experts.
International energy service firm 3sun Group has shaken off a challenging trading climate for oil and gas to register large increases in profits and turnover.
Saudi Arabia, the world’s largest crude exporter, may propose an eventual OPEC production cut of 1 million barrels of oil a day that may take affect in 2016, Energy Intelligence reported Thursday, citing a group delegate it didn’t identify.
Federal prosecutors dropped manslaughter charges against BP’s top two employees on the doomed oil rig that blew up in 2010, the latest setback for investigators probing the largest offshore oil spill in US history.
Iraq’s Kurdish region, where Genel Energy Plc and DNO ASA pump oil, delayed a target to produce 1 million barrels a day as the cost of fighting Islamic State militants saps resources.
Oil fell for the third time in four days as ministers from the Organization of Petroleum Exporting Countries arrive in Vienna to discuss production policy.
Aberdeenshire businessman Steven Mitchell said yesterday he had no regrets about launching a subsea piping business in the middle of an oil and gas industry downturn.