Mexico desperate to lure oil investment before election
Mexico is trying to lure as much oil investment as possible before the president who overhauled the country’s energy industry leaves.
Mexico is trying to lure as much oil investment as possible before the president who overhauled the country’s energy industry leaves.
Iceland’s hope of finding oil offshore its coast is fading after China and Norway decided to back out of the island nation’s only remaining exploration license.
Signs of a possible gain in U.S. crude stockpiles have put the brakes on oil’s rally.
The Norwegian Petroleum Directorate reported an increase in production in December.
Bristow Helicopters has unveiled a new passenger terminal for offshore workers flying out to North Sea installations.
The number of delayed oil and gas projects sanctioned last year was more than double that of 2015 and 2016 put together.
US oil service firm Halliburton said an upturn in drilling activity in the North Sea boosted its financial performance last year.
After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts.
Brexit could reduce business investment in Scotland by £1 billion by 2019, a new report on the state of the economy has warned.
Oil major BP has booked a Dolphin Drilling rig for a UK North Sea job for just under £6million.
U.S. oil output is set for “explosive” growth this year as prices rally, potentially offsetting a further collapse in Venezuela’s production, the International Energy Agency said.
A major revamp of helicopter operator CHC’s terminal and hanger facilities at Aberdeen International Airport is under way.
Uneasy lies the head that wears a crown in the world’s biggest oil market.
North Sea oil firm EnQuest is trying to sell a 20% stake in its £2billion Kraken field, a news report said.
Husky Energy has been ordered to suspend operations on the SeaRose vessel off Canada's east coast after a near miss with an iceberg.
Aberdeen-based oil firm Ithaca Energy has agreed to sell licences containing the onshore UK Wytch Farm field for £38million.
The recent shut-in of numerous North Sea fields as a result of the required repairs to the Forties pipeline is the first major UKCS industry-wide force majeure event since Piper Alpha almost 30 years ago.
Oil continued to slide from a three-year high on speculation that a record long position built up by money managers leaves prices vulnerable to a pullback.
North Sea oil explorer Hurricane Energy said today that it was raising its corporate governance standards as it weighs up a premium listing for its ordinary shares.
Norwegian firm Reach Subsea will supply one of its vessels for operations on BP's Mungo field in the North Sea.
Oil rig firm Noble said today that Spirit Energy has booked one of its rigs for work in the North Sea.
Alcatel Submarine Networks, part of Nokia, will carry out permanent reservoir monitoring (PRM) on Statoil's Johan Sverdrup field after winning a contract with the Norwegian energy giant.
Oil giant Shell said yesterday that its latest North Sea project would create hundreds of UK jobs and unlock 80million barrels of oil.
Scottish environmental authorities have blocked the departure of three oil rigs currently cold-stacked in Cromarty Firth.
Shell’s North Sea boss yesterday warned industry against becoming “overconfident” with Brent crude prices hovering around $70 per barrel.