Oil prices fell abruptly overnight after the US midterms raised traders' hopes the results could pressure Donald Trump into de-escalating the Iran conflict.
The UK Government has sparked fierce criticism from business and industry leaders after unveiling legislation that would permanently ban new oil and gas exploration licences in the North Sea.
Harbour Energy has reported a 9% fall in its UK North Sea production, as the company's global output reached record levels and its financial performance surged.
A Fatal Accident Inquiry into the Stonehaven rail tragedy has found a number of safety failings, but concluded no further recommendations are needed.
BP has raised more than $1billion from the sale of part of its stake in Norwegian oil and gas producer Aker BP as it continues efforts to strengthen its balance sheet.
Policymakers at the Bank of England are expected to raise interest rates on Thursday in what would be the first increase to the benchmark rate for more than three years.
Well integrity and decommissioning specialist, Unity has signed an agreement with Consolidated Suppliers at ADIPEC in response to growing demand in the Middle East.
Leading service provider, IKM Testing, has secured a grant from the ETZ Challenge Fund to invest in specialist grouting equipment, marking a strategic expansion into the offshore wind sector.
TLC has successfully coordinated a dedicated vessel charter and end-to-end logistics operation for the transportation of specialised industrial equipment from Libreville, Gabon, to Durban, South Africa.
Shepherd, the leading chartered surveyors in Scotland, is stepping up its expansion in England with the opening of a new Mayfair office and an enhanced focus on London's commercial and residential property markets.
The Chamber is seeking a dynamic Commercial Partnerships Manager to join our award-winning team. Due to continued growth and to support the Chamber in its 150th anniversary year, we are on the lookout for a Commercial Partnerships Manager.
Business leaders will explore how the UK can retain skilled jobs, attract investment and capture more value from its offshore energy future at OEUK’s Breakfast Briefing on 10 November in Aberdeen.