Halliburton Co. reported higher profits and revenues in the third quarter despite softer demand for certain services as pipeline bottlenecks constrained production activity in West Texas.
Stockpiling ahead of Brexit could boost Scotland's economic growth in 2018-19 but the measure will have a negative effect in the medium term, the Scottish Government's top economist has said.
Brent steadied near $80 a barrel as Saudi Arabia dismissed using its oil wealth as a political tool following the killing of journalist Jamal Khashoggi.
The Oil and Gas Authority’s approval of two North Sea projects has given the basin an injection of “old and new” money, an analyst has said.
Zennor Petroleum will go ahead with the Finlaggan field development after the UK oil regulator approved its plans.
The Oil and Gas Authority (OGA) has given BP permission to go after 20 million barrels of oil at a field west of Shetland.
Engineering and construction firm Sembcorp Marine has inked a £125 million deal to refurbish an installation which will serve in the UK North Sea.
A city office block once valued at about £5 million has gone under the hammer for just £20,000.
The Fife-based subsidiary of global oil services firm Technip FMC said it was hopeful of improved trading despite a loss of more than £20 million last year.
Oil traded near the lowest level in a month after a more-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a missing critic of the kingdom.
Oil and gas companies will get the treatment their behaviour deserves, Scotland's environmental watchdog said.
Oil prices have been creeping upwards for more than a year, quietly gaining ground as emerging-market investors fretted about trade and the end of cheap money. But now that crude is near the highest in four years, it’s suddenly a hot topic.
A businessman has spoken of his delight after being cleared of stalking his former boss on social media.
KPMG has announced eight senior promotions across Scotland in its audit, tax and pensions practices.
Oil is poised for the biggest weekly decline since May as the turmoil in U.S. equities spur investors to shun risk assets at a time when American crude inventories are rising.
A former oil industry manager who was caught trafficking cocaine after his flat sprung a leak has been ordered to hand over £46,000 crime profits.
BP boss Bob Dudley, among the first to say oil will stay lower for longer, is becoming more confident.
North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has said that shutting down production from Fulmar does not spell the end for the platform.
Shell’s decision to go after gas from the Arran field gave the UK North Sea its 11th project sanction of 2018.
Ice-like crystals have delayed the restart of production from a central North Sea field, Serica Energy said today.
Energy giant Shell said yesterday it had sanctioned the development of the Arran gas field in the central North Sea.
Rising business rates will be more damaging to the north-east oil and gas industry than Brexit, it was claimed last night.
Serica Energy is closing in on two acquisitions after the US granted a waiver removing production obstacles on a UK North Sea field.
Subsea 7 has won a contract with Tullow Ghana on the Jubilee field.
Indian firm Aban Offshore has agreed a quick-fire sale of 50% of two North Sea blocks it is in the process of acquiring.