On Monday, oil prices declined due to increasing concerns about potential interest rate hikes that could suppress energy demand, despite a preliminary agreement on the U.S. debt ceiling that could
On Monday, oil prices declined due to increasing concerns about potential interest rate hikes that could suppress energy demand, despite a preliminary agreement on the U.S. debt ceiling that could
Unite the Union, affirmed that approximately 1,650 contractors are set to partake in two successive 48-hour strikes. The dispute revolves around issues pertaining to employment, remuneration, and workplace conditions in
WTI (June) $73.71 +55c, Brent (July) $77.44 +43c, Diff -$3.73 -12c.Â
The largest oil producer in the North Sea anticipates slashing 350 jobs in the UK, a mere two months after reporting its profits had been virtually eradicated by Rishi Sunak’s
On Monday, oil prices dropped due to worries about the economic repercussions of a possible interest rate hike by the U.S. Federal Reserve and declining Chinese manufacturing figures, which overshadowed
In the early 2000s, the North Sea oil and gas industry, centered around Aberdeen, reached its pinnacle, producing over 2.7 million barrels of oil each day, which accounted for 3.6%
WTI (June) $77.07 -$1.69, Brent (June) $80.77 -$1.98, Diff -$3.70 -27c.Â
Harbour Energy PLC (LSE: HBR) shares rose during early trading on Wednesday following the announcement of new oil discovery in the Mexican coastal waters.
Harbour Energy PLC (LSE: HBR) and BP PLC (LSE: BP.) have partnered to develop the Viking carbon capture transportation and storage (CCS) project in the Humber region.
A massive pay dispute is expected to result in a tsunami of industrial action against major oil and gas operators such as bp, Shell, and Total. Unite the Union has
Baker Hughes Co, an energy services company, reported on Thursday that U.S. energy firms decreased the number of active oil and natural gas rigs for the second week in a