‘We’re here until the oil runs dry’
Offshore firm Taqa Bratani has pledged to be operating in the North Sea until the oil runs dry after buying fields from BP for up to £818million.
investment bank
Green energy bank proves value of Scotland in the UK
The world's first investment bank dedicated to green energy will be officially launched in Scotland today.
US manufacturing figures give Footsie a boost
London's main market saw gains of nearly 2% today after better-than-expected US manufacturing data revived hopes for the world's biggest economy.
Rock Solid says it has made a good start to 2012
US firm Rock Solid Images (RSI), formerly Aberdeen-based Offshore Hydrocarbon Mapping, said today it had made a promising start to 2012.
Rockhopper looking for partner
Falklands oil and gas explorer Rockhopper expects to find a partner to invest in its Sea Lion discovery in three months, according to reports.
Faroe offered Norwegian acreage
FAROE Petroleum said yesterday it had been offered stakes in three Norwegian licenses.
Production fears keep on driving oil price higher
OIL hit another record high yesterday, climbing above $122 a barrel amid warnings that supply fears could push prices to $200.