Petrofac wins major Shell North Sea contract
Energy services giant Petrofac lands significant Shell contract for North Sea assets, safeguarding Scottish jobs and reinforcing Aberdeen's energy hub status amid industry transformation.
Energy services giant Petrofac lands significant Shell contract for North Sea assets, safeguarding Scottish jobs and reinforcing Aberdeen's energy hub status amid industry transformation.
In a major diplomatic breakthrough, the United States and China have agreed on a comprehensive trade framework, setting the stage for a landmark meeting between Presidents Trump and Xi Jinping that could reshape global economic relations.
Energy services heavyweight Petrofac teeters on administration edge as restructuring talks intensify, threatening thousands of UK jobs and North Sea operations.
UK oil services company Petrofac enters administration, threatening thousands of North Sea jobs and sending shockwaves through Britain's energy sector amid ongoing financial struggles.
Donald Trump considers imposing blanket tariffs on all Canadian imports, reviving protectionist strategies reminiscent of 1980s trade battles that could severely impact UK economic interests.
Ukrainian President urges US to expand sanctions targeting Russia's shadow oil fleet as Moscow continues to fund its war machine through energy exports.
Former President Donald Trump threatens to reignite trade tensions with a 25% tariff on Canadian steel, risking collateral damage to UK manufacturing and global supply chains.
In a dramatic diplomatic move, former President Donald Trump has ordered the complete cessation of all trade talks with Canada, with Senator Marco Rubio confirming the sudden breakdown in relations between the two neighbouring nations.
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Donald Trump declares he would impose massive 10% tariffs on all foreign goods if re-elected, sparking fears of renewed global trade conflicts and economic instability.
Former President Donald Trump has dramatically pulled the plug on ongoing trade negotiations with Canada, dealing a significant blow to cross-border relations and raising concerns about future economic cooperation between the two nations.
In a controversial last-minute push, the Trump administration is accelerating oil and gas leasing in Alaska's Arctic National Wildlife Refuge, sparking environmental outrage and legal challenges.
The Biden administration imposes unprecedented sanctions targeting Russia's oil sector, hitting key shipping companies and vessels in bold move to curb Moscow's war funding.
Global oil markets in turmoil as former President Trump imposes sweeping sanctions on Russian energy giants Rosneft and Lukoil, triggering immediate price spikes and supply concerns.
Washington escalates economic warfare with sweeping sanctions against Rosneft and Lukoil, triggering oil price volatility and global supply chain concerns as China trade tensions intensify.
The Trump administration's latest move to sanction Russian oil companies raises critical questions about effectiveness, global energy markets, and geopolitical strategy in a divided world.
A massive fire erupts on a Pemex oil platform in the Gulf of Mexico, triggering emergency evacuations and raising serious safety concerns about Mexico's state energy infrastructure.
Brazil's state oil giant Petrobras has dramatically halted controversial drilling plans near the Amazon River mouth, marking a significant victory for environmental campaigners ahead of COP30 climate talks.
India continues purchasing Russian oil at record levels, ignoring pressure from Donald Trump and Western allies while securing major economic benefits for its growing economy.
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Indian officials have directly contradicted Donald Trump's assertion that New Delhi agreed to stop purchasing Russian oil, creating fresh uncertainty about global energy markets and US-India relations.
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Keir Starmer faces mounting criticism over Labour's controversial North Sea oil and gas policy as industry leaders warn of economic devastation and Nigel Farage positions Reform UK as energy industry defenders.
Keir Starmer's controversial energy reforms spark industry fury and political battle over North Sea future, jobs and energy security.
Labour leader Sir Keir Starmer embarks on crucial trade mission to India, meeting with Prime Minister Modi and business leaders to strengthen post-Brexit economic ties and unlock new opportunities for British businesses.
Prime Minister Keir Starmer heads to Mumbai for crucial trade negotiations, firmly denying any link between the UK-India trade deal and changes to Britain's immigration system.
The European Union imposes retaliatory tariffs on American steel products after WTO ruling against Trump-era protectionist measures, escalating transatlantic trade tensions.
The World Trade Organization faces existential threat as US blocks judicial appointments, potentially paralysing global trade dispute resolution and escalating international tensions.
Former President Donald Trump's administration is pushing forward with controversial plans to auction over 73 million acres for oil and gas drilling in the Gulf of Mexico, drawing immediate backlash from environmental groups and setting up a major politic
In a dramatic enforcement of EU sanctions, French officials have impounded the Boracay tanker carrying Russian oil products near Cherbourg. The vessel, linked to a sanctioned Russian oligarch, highlights Europe's tightening grip on Moscow's energy exports