The Scottish Greens have called on Prime Minister Andy Burnham to resist external pressure and refuse approval for the Rosebank and Jackdaw oil and gas developments. Mark Ruskell MSP, the
Oil and Gas
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Recent financial results from Saudi Aramco reveal a stark divergence between reported earnings and actual liquidity, suggesting that the world’s largest oil producer is facing significant operational challenges despite record
Petrol prices in the United Kingdom have climbed to their most expensive point since hostilities commenced between Iran and its neighbours, placing additional financial pressure on drivers across the country.
The ongoing conflice in the Middle East has caused significant disruption to global energy flows, with particular concern regarding liquefied natural gas. While crude oil receives substantial attention due to
BP has confirmed plans to eliminate approximately 700 positions worldwide as part of a broader strategy to create a simpler and more valuable organisation. The announcement, communicated via email on
Islay Subsurface & Engineering has formed a strategic partnership with Well-Safe Solutions to undertake decommissioning projects across the North Sea. The collaboration specifically targets work on the Beryl and Forties
Former Oil and Gas UK boss Malcolm Webb has described the departure of BP from the United Kingdom as a direct result of what he terms gross negligence by successive
Oil markets have breached the psychological threshold of $100 a barrel for the first time since May, a development that has rippled through government debt markets, energy prices across Europe,
Sintana Energy Inc has announced that the exploration timeline for its offshore Uruguay assets has been extended by 12 months, whilst developments in Argentina have moved the company closer to
Jadestone Energy PLC has seen its shares rise approximately 6% following the announcement of successful drilling results from its East Belumut field in Malaysia. The independent oil and gas producer
Plexus Holdings PLC has entered into a two-year agreement with Cactus Wellhead, an international service company, to develop and qualify a range of wellhead products for offshore energy applications. The
British energy majors registered significant gains during early trading as Brent crude prices exceeded 90 dollars per barrel for the first time in more than a month, driven by escalating
The European Union has announced its Electrification Action Plan, establishing a target for electricity to constitute 46 per cent of total energy consumption across the bloc by 2040. This represents
Chevron is progressing towards a significant expansion of its operations in Iraq, with the US supermajor scheduled to execute two memoranda of understanding on Friday. The non-binding agreements represent a
China’s state-controlled liquefied natural gas importers have entered negotiations to secure long-term supply contracts with exporters whose shipping routes circumvent the Strait of Hormuz, according to sources familiar with the
Spot prices for liquefied natural gas in Asia have risen by 10 percent over the past week, reaching the highest levels recorded since March, as renewed tensions in the Middle
