Aberdeen shares top spot with Glasgow, Norwich and Slough in a league table of UK towns and cities seeing the biggest month-on-month increase in people claiming unemployment- related benefits.
Oil edged higher as markets in Europe and Asia advanced on signs that the surge in coronavirus cases in the southern U.S. is slowing.
Petrofac has set new targets to reduce its emissions and increase the percentage of women in its senior roles within the decade.
Occidental Petroleum Corp. reported a $6.6 billion writedown in the second quarter, equivalent to more than 40% of its market value, as the collapse in energy prices took its toll on the debt-laden U.S. shale oil producer.
Aberdeen Harbour has awards £4.3million worth of contracts for the South Harbour construction project.
Equinor has appointed insider Anders Opedal as its new CEO, replacing Eldar Saetre who is to retire after 40 years in the Norwegian energy company.
Oil and gas explorer i3 Energy has agreed a deal to sell part of its soon-to-be-acquired assets in a deal worth £25 million.
Shell has reiterated its “commitment” to the North Sea and West of Shetland, saying there is still “running room” in the region.
Shell CEO Ben van Beurden has said the energy giant will “resize as appropriate” as it moves to become a “simpler and leaner” organisation.
Shell has posted losses of $18.1billion (£14bn) for the second quarter of 2020 as oil, LNG and gas prices remain depressed.
TechnipFMC has recorded pre-tax losses of £2.4bn for the first half of 2020 thanks to heavy write-downs of its oil and gas assets.
Subsea 7 sank to losses of £751million in the first half of the year as it restructures the business with thousands of job cuts.
Fugro is aiming to save nearly £110m (EUR120m) per year thanks to a 10% reduction in its workforce and other measures.
Plans for a major Aberdeen oil tourism site from over 30 years ago could be "resurrected" by a new rig idea for the harbour, according to a business leader.
Encouraging start-up companies to remain in the north-east will have a "transformational" effect on jobs creation in the energy sector, according to an industry expert.
Abu Dhabi National Oil Co.(Adnoc) is exploring the possibility of selling a stake in its real estate portfolio, the latest effort by the state-owned energy producer to raise funds and attract foreign investors.
A leading industry body has revealed suspected Covid-19 cases offshore have continued to fall due to “effective industry-wide measures”.
The number of people looking for employment through Nigeria’s biggest recruiting website has jumped five-fold since the start of the Covid-19 pandemic, highlighting the struggle faced by many in Africa’s largest economy.
Total has signed an agreement to sell the Lindsey refinery to independent British conglomerate Prax Group.
The Shell Penguins redevelopment is making progress with the arrival of three huge subsea structures in Invergordon.
Spirit Energy has received a Health and Safety Executive (HSE) warning over the risk of offshore workers being exposed to bacteria which causes Legionnaires' disease.
The coronavirus pandemic stung oilfield service company Halliburton with a $1.7 billion (£1.3bn) loss in the second quarter.
The Shell Curlew FPSO (floating production storage and offloading vessel), which had been moored in Dundee for decommissioning work, has left the port.
Repsol Sinopec Resources UK’s (RSRUK) new CEO has tempered the company’s latest set of “strong” results by saying they “do not reflect” their current challenges.
Shell is looking “long and hard” at its organisation and portfolio as it works to emerge from Covid and move towards net zero, according to its UK boss.