China tackles speculation as it tries to create oil benchmark
As China seeks to establish a global oil benchmark at home, it wants to prevent a speculative bubble in its upcoming crude futures.
As China seeks to establish a global oil benchmark at home, it wants to prevent a speculative bubble in its upcoming crude futures.
RockRose Energy said today that it had commissioned a report to determine whether a North Sea oil vessel should be replaced.
North-east firms have lost their battle to get business rates cut after judges at the highest court in Scotland ruled the oil downturn had not affected the value of commercial properties.
An engineer who left his career in the oil industry to open up a cafe hopes his success will inspire other businesses to breathe new life into a Moray town.
Offshore rota changes are taking their toll on the mental health of North Sea workers and their families, a leaked report suggests.
Norwegian energy giant Statoil will change its name to Equinor.
New conventional oil projects can compete with US shale on value after three years of cost cuts and efficiency drives, an analyst said today.
US oil major Chevron is “building momentum” towards a final investment decision (FID) on the North Sea Rosebank project.
A new report predicts UK oil and gas revenues will be £400million higher every year from now until 2023 – in the latest sign that the North Sea is on the mend.
Scottish oil firm Cairn Energy said yesterday that it would get to work on its first operated exploration well in UK waters later this year.
North Sea oil firm Spirit Energy has appointed EnQuest's former chief operating officer as its technical and HSE director.
With its earnings outlook improving and massive pipeline assets expected to be restructured, analysts are forecasting a rally in PetroChina Co.’s Hong Kong shares, which are still trading at 2008 crisis levels.
Scottish oil firm Cairn Energy said today that it would get to work on its first operated exploration well in UK waters later this year.
Jeremy Corbyn has signalled that he could order a wide-ranging review of North Sea oil and gas taxes if he becomes the UK’s next prime minister.
A strong fourth quarter helped KCA Deutag (KCAD) beat its earnings forecasts last year as the market showed signs of picking up.
Plans to expand a Shetland port to create a “one-stop-shop” for North Sea decommissioning have been lodged with the islands’ council.
Premier Oil would be “more than happy” for the infrastructure on its Solan field to play a part in Hurricane Energy’s plans west of Shetland, its boss said yesterday.
An Aberdeen man currently detained in the Philippines has spoken out about the “hell-hole” conditions he has been faced with.
Scottish goods exports have risen by nearly a fifth, with oil and gas the fastest rising, according to new figures.
Premier Oil's Tolmount project in the southern North Sea could act as a blueprint for other to follow, the firm's chief executive said today.
Premier Oil's boss said today that the company is "looking at" North Sea assets with a view doing acquisition deals.
Premier Oil narrowed its losses in 2017 – a year that saw the company restructure its finances and kick off production from a major North Sea development.
There could be a “glut or a delay” in North Sea merger and acquisition activity towards the end of 2018, as firms wrap their heads around the prospect of transferable tax history legislation.
Statoil said today that new operations centres in Bergen will help generate $2billion more from its Norwegian fields between 2020-25.
Patrick Pouyanne, the pugnacious boss of Total SA, sees risks differently.