Protesters leave North Sea oil platforms after more than 24 hours
Activists who spent the night on two North Sea oil platforms to campaign against leaving parts of the old rigs in the sea have ended their protest after more than 24 hours.
Oil
Protesters climb onto North Sea oil platforms
Protesters have climbed onto two North Sea oil platforms to campaign against leaving parts of the old rigs in the sea.
Subsea partnership set to give firms £21m boost
A host of companies from across the north and north-east are to benefit from a £21 million investment from a partnership between Scotland and Japan.
Sir Ian Wood sees political will as crucial to cluster hope
North-east oil and gas doyen Sir Ian Wood says Aberdeen could be the energy capital of the world – but only if political leaders show more commitment to making it happen.
Arts organisations reaffirm commitment to oil partnerships
A number of arts organisations will continue to receive support from oil giants, after the National Theatre split with Shell declaring fears of “catastrophic environmental collapse”.
Saudis show journalists scene of oil industry attacks
Saudi Arabia has taken journalists to the site of a missile and drone strike on the kingdom’s oil industry that shook global energy markets over the weekend.
Iran diplomat warns of ‘all-out war’ if country hit for Saudi oil attack
Iran’s foreign minister has warned that any attack on his country over a drone and missile strike on Saudi Arabia’s oil industry will result in “all-out war”, further increasing tensions across the Persian Gulf.
US backs Saudi Arabia’s ‘right to defend itself’, says Pompeo
Secretary of state Mike Pompeo has said the US backs Saudi Arabia’s “right to defend itself” after a weekend attack targeted the heart of its oil industry”
Iranian missiles and drones were used to attack oil sites, say Saudis
Saudi Arabia has claimed Iranian cruise missiles and drones were used to attack the kingdom’s oil industry, showing journalists the remains of the weapons but stopping short of directly accusing Tehran of launching the assault.
Iran warns of ‘immediate response’ to any US action over Saudi attack
Iran has warned the US that any action against it after an attack on Saudi oil installations will “immediately” be met with a response from Tehran, its state-run news agency has reported.
Saudi Arabia says oil production restored by 50% following attack
Saudi Arabia’s energy minister has said 50% of its daily crude oil production cut by a weekend attack has been restored.
Will prices at the pumps rise following the Saudi attack?
The tensions in the Gulf following the drone attacks on oil installations in Saudi Arabia have put pressure on prices.
Forbes is new CEO at start-up Blue Gentoo
One of Scotland’s most respected and seasoned entrepreneurs has handed her children the reins to her firm as she embarks upon a new role as CEO of a high-growth start-up.
FTSE slips as Saudi oil updates dry up
With little detail flowing out of Saudi Arabia after drone attacks on a refinery and oil field over the weekend, traders in London were noticeably nervous as they awaited further details.
Iranian weapons used in attack on oil installations, claims Saudi military
Initial investigations show Iranian weapons were used in the weekend attack on Saudi Arabian oil installations, a Saudi military spokesman has said.
Oil prices soar 20% as Saudi drone attack hits markets
The price of oil soared in early trading on Monday following the drone attach on Saudi Arabia’s Aramco facility over the weekend, with single day jumps not seen since Saddam Hussein invaded Kuwait in the 1990s.
Attacks on Saudi oil facilities ‘knocked out roughly half of supply’
Saudi Arabia’s energy minister has confirmed that drone attacks on its oil facilities knocked out about 50% of the country’s production.
Saudi Arabia’s oil minister says market must be balanced
Saudi Arabia’s new energy minister says producers “have to share responsibility” to balance the market.
Offshore Europe: ‘Roadmap’ tracks future of sector transformation
A new “roadmap” being unveiled today has set out the UK oil and gas industry’s ambition to transform the North Sea into a basin with net-zero emissions.
Rovco to use Aberdeen as ‘jumping off point’ for £1m Scottish energy sector expansion
A Bristol-headquartered subsea technology firm is looking to use Aberdeen as the jumping off point for a £1 million expansion into the Scottish energy sector.
Petrofac expects revenues to shrink amid ongoing fraud investigations
Oilfield firm Petrofac said it expected revenues to decline next year, as fraud investigations continue into its contract dealings in Saudi Arabia and Iraq.
Oil begins flowing from new North Sea development
Oil has started flowing from one of the most complex developments in the North Sea.
Lower oil price offsets ‘good performance’ for BP in second quarter
Lower oil prices offset an otherwise good performance for BP in the first half of the year, while major projects such as Culzean in the North Sea came online.
BP holds second-quarter profits firm, but sees half-year results slip
BP has posted a drop in half-year profits, but delivered better-than-expected second-quarter earnings after higher production offset lower oil prices.
Greenpeace protesters raise concerns about emissions from cruise ships
A row has broken out in Lochaber over cruise ships visiting the bay - and keeping engines turning over.
Piper Alpha remembered 31 years after oil rig disaster
One of Scotland’s most horrendous disasters in oil and gas history was remembered in Aberdeen today.
Experts urge caution as oil prices rise
The North Sea oil industry must keep a lid on costs if measures taken by Opec and its allies push crude prices much higher, top Aberdeen energy experts said yesterday.
Chrysaor buys into Apache’s North Sea exploration acreage
Private-equity back oil firm Chrysaor has snapped up stakes in a number of UK North Sea licences containing exploration prospects from US business Apache.
Greenpeace protestors climb back onto oil rig in Cromarty Firth
Greenpeace activists have climbed aboard a BP-contracted oil rig in the Cromarty Firth again.
RAF squadron looks to oil and gas sector to bolster ranks
An RAF squadron set up at the height of the Cold War is looking to the oil and gas industry as it seeks to bolster its ranks.
North-east investment group has offshore wind ‘firmly’ in its sights, Sir Ian Wood says
An investment fund created to establish diversification across the north-east of Scotland has offshore wind “firmly in its sights”, according to Sir Ian Wood.
Transocean serve Greenpeace activists with injunction over oil rig standoff
Activists occupying a BP-contracted oil rig in the Cromarty Firth have been served with an injunction by the owner in a bid to halt a two-day standoff, Greenpeace UK has claimed.