The last few years have undoubtedly been some of the most turbulent in economic history. The tightening of credit conditions has had a major impact on governments' finances with many countries taking radical steps to balance the books and finding their ability to repay debt being closely scrutinised.
A small Aberdeen company has won a deal to improve safety for African oil workers.
EFC Group, an Aberdeen-based designer and manufacturer of instrumentation, monitoring, handling and control systems for the oil and gas industry, has appointed a new financial director.
Norway's giant Aldous/Avaldsnes discovery has been renamed Johan Sverdrup after the leader of a political movement in the country.
The principal of the University of the Highlands and Islands (UHI) said yesterday the institution would expand its renewable-energy courses to help meet the sector's skills shortages.
LAWYERS who represented the victims of Piper Alpha say oil firms need to do more to prevent a similar disaster striking again.
The UK Government was accused last night of mishandling the oil and gas industry for more than a decade after new figures revealed a record slump in offshore production.
SPECIALIST oil and gas investor Energy Ventures said yesterday that companies in its portfolio had increased turnover by an average of 50% this year.
NORTH-EAST company Ferguson Group is expanding operations in Australia.
North Sea offshore workers could launch a wave of industrial action for the first time in two decades if the UK Supreme Court rules against their claims for paid holidays today.
BUSINESS leaders met in Aberdeen last night to discuss how the oil and gas industry will develop over the next 30 years.
A NORTH-EAST MP has called for the rest of the UK to show greater appreciation of the crucial economic role played by the North Sea oil and gas industry.
THOUSANDS of new jobs are expected to be created in the UK oil and gas industry in the years ahead, giving a boost to the north of Scotland.
OIL & Gas UK has appointed David Ripley as its the new supply chain director. He replaces Brian Kinkead and has over 25 years of varied experience in the upstream oil and gas industry.
MSPs have criticised a decision to downgrade Aberdeen coastguard station and manage major North Sea safety operations from a base on the south coast of England.
The north-east oil and gas industry is being targeted by a £2.5billion fund to help fast-growing small and medium businesses.
BUSINESSES in the North Sea oil and gas industry remain cautious, according to a new report.
Had it not been for Ian Sharp's passion for diving, he could have opted for a life in the classroom.
THE UK's shadow energy secretary fears European Union plans to take control of the oil and gas industry's health and safety regulations could destabilise Britain's "gold standard" regime.
GULFSTREAM Services, which provides equipment to the international oil and gas industry, said yesterday it had been awarded a certification of ISO 9001:2008 for both its UK and American operations.
COSALT Offshore, which provides lifting, tooling and marine services to the oil and gas industry, said yesterday it had ordered a second 50-tonne spooling winch from Ace Winches.
Universities cannot be expected to shoulder the burden of tackling the impending North Sea skills crisis alone, according to one boss.
Peterhead engineering firm Score Group is to take an innovative valve leak-detection device to the oil and gas industry after £18.5million of funding from Lloyds Banking Group.
THE cream of the UK oil and gas industry was honoured at an award ceremony in the north-east last night.
Chief Secretary to the Treasury Danny Alexander said yesterday that the UK Government hopes to introduce further tax relief for the oil and gas industry in next year's Budget.