RAF focusing air strikes on Syrian oil fields MPs told
The Royal Air Force has hit four targets since MPs approved military action over Syria a week ago, Chancellor George Osborne has told the Commons.
The Royal Air Force has hit four targets since MPs approved military action over Syria a week ago, Chancellor George Osborne has told the Commons.
British Tornado jets hit seven targets in eastern Syrian oil fields in a mission described as landing a “very real blow” by Defence Secretary Michael Fallon.
Subsea 7 has picked up a £186million contract to work on Dana Petroleum's near-billion-pound Western Isles development about 100 miles east of Shetland.
Scottish oil explorer Cairn Energy said yesterday it had raised more than £560million by selling a further 8% stake in Cairn India, which it previously owned.
Growth is driving China's insatiable demand for energy, leading to it becoming the world's second biggest consumer of energy.
A forecast long-term downturn in oil and gas revenues is undermined by new investment off Shetland, a North-east MSP claimed yesterday.
The chief executive of Aberdeen-based oil and gas company Fairfield Energy has resigned.
Sibir Energy, the London-listed but 100% Russia-focused oil and gas operator, said yesterday it had suspended chief executive Henry Cameron.