Statoil exits Rosebank and Schiehallion in $2.65billion OMV deal
Norwegian oil giant Statoil is to sell off its stakes in the Shiehallion and Rosebank North Sea fields as part of a deal worth at least $2.65billion.
editor’s picks
Energy bill savings for North customers after distribution scheme is retained
Homes and businesses in the north of Scotland are set to save around £50million a year on energy bills after the Government backed a scheme to help keep electricity distribution costs down.
Have we entered brave new world of drug and alcohol testing?
Elaine Ramsay of Brodies looks at the legal implications of introducing drug and alcohol testing for employees in the workplace.
Senex set for $200million exploration spend after securing Cooper-Eromanga deal
Australian oil and gas firm Senex has secured a 15-year deal for a 10,000 sq km area in the Cooper-Eromanga basin.
Kentz rejects takeover approaches from Amec and M&W
British engineer Amec is reportedly eyeing an £800million bid for engineering and construction firm Kentz.
Struan Stevenson: Time to send protesters packing over fracking
The debate over fracking has divided communities in England and already forced one firm to reconsider its plans. But MEP Struan Stevenson warns failure to embrace shale gas could lead to UK blackouts
Drilling revolution predicted as Aberdeen leads innovation in new technique for marginal fields
Exclusive: Aberdeen is to lead a drilling revolution which could save oil companies billions of pounds and turn marginal North Sea fields into money-spinners.