The firm behind plans for an underground coal gasification development in the Firth of Forth has agreed a partnership with one of the world’s largest energy services companies
Cluff Natural Resources has signed a memorandum of understanding with Halliburton to collaborate on UCG projects in the UK.
CLNR’s main focus has…
Oil prices are set to remain at the current six-year lows for the rest of 2015, the boss of the country’s largest oil and gas company will warn tonight.
Ben van Beurden, the chief executive of Royal Dutch Shell, is expected to say that the oil industry should not expect…
Brent hovered near $55 a barrel on Thursday after data showed US crude stockpiles set a record for the fifth week in a row, renewing fears that supply is still far outpacing demand.
March Brent futures were up 40 cents to $55.06 a barrel early on Thursday, following a 3%…
A Spanish takeover of Talisman Energy and its 50% stake in a struggling UK joint venture is “on track” to complete during the first half of 2015.
Talisman insisted yesterday the £5.3billion deal struck with Spain’s Repsol in December was unaffected by hefty losses in the North Sea as oil…
Leading oil industry figure Sir Ian Wood has warned six billion barrels of oil reserves could be lost unless radical measures are taken by the UK Government.
According to reports, he said a third of what remains under the seabed – estimated to be worth around £200billion – could be…
