Oil prices fell in volatile trading on Monday as the Greek debt crisis raised concerns about demand for petroleum in Europe and as the US started talks to try to bring peace to Yemen, where Opec heavyweight Saudi Arabia is involved in a civil war.Expiring front-month July Brent fell…
The IR35 Business Entity Tests will be dropped from 6 April next year, Her Majesty’s Revenue & Customs (HMRC) has announced.
HMRC’s action follows a review by the IR35 Forum, in which the tests – designed for businesses to take to self-assess their risk of IR35 – were found to…
DONG Energy has announced the results from two exploration wells that were drilled in the West of Shetlands at the end of 2012 and early 2013.
After initial analysis, the Cragganmore exploration well is confirmed as a gas discovery and the Glenrothes well has been plugged and abandoned. The next…
Reuters reports that the second-largest U.S oil company is in advanced talks to sell its downstream assets in Egypt and Pakistan, according to sources.
Chevron is conducting a separate sale process for its assets in both countries, banking sources have said, speaking on condition of anonymity as the matter is…