Wood Group: a resigner not a recliner

Keiller leaves with dignity and opportunities ahead of him

Robin Watson

Wood Group promotes Robin Watson to chief

Bob Keiller to step down from Aberdeen-based oil services group

Price and supply woes hit Korean refiners

Effort to restructure and diversify as annual losses top $600m

Suncor bids $5bn for Canadian Oil Sands

Deal would consolidate ownership in costly oil-producing region

The Deepwater Horizon disaster damaged BP's image in the US; the falling price of oil forced it to cut back on production; and a settlement with the US gives its US operation a new lease of life
©Getty Images; Itar-Tass

BP finalises $20.8bn Gulf settlement

Group resolves civil claims with US federal and state authorities

A North Sea oil rig

Oil explorers in asset revaluation talks

Independents must negotiate with banks as falling oil price shows little signs of abating

India aims to settle tax disputes

Review launched in effort to encourage foreign investors

A worker controls the valve at the new Port Harcourt refinery built in 1989 at the same site where the first refinery in Nigeria was built in 1965 in oil rich Port Harcourt, Rivers State, on September 16, 2015
©Pius Utomi Ekpei/AFP/Getty Images

Commodities rout puts continent’s economies into reverse gear

Low oil prices have hit exporters and not brought the gains that importers expected

Ex Nigerian oil minister arrested in UK

Diezani Alison-Madueke has been linked to oil-related scandals

Small-cap Week, October 3

Findel, Outsourcery, Intelligent Energy and Koovs featured

Week in Review, October 3

Shell’s broken Arctic dream; Valeant, digital ads and Liberty Global also in the news

US E&Ps: cash gusher

We interrupt this commodities disaster for a special announcement

Tullow agrees credit terms with banks

Explorer clears asset review test made trickier by plunge in global price

Court blow to Obama fracking safeguards

Injunction issued after challenge by oil sector groups and states

Mexico oil auction eases memory of previous sale flop

ENI and Pan American among winners of blocks in Gulf of Mexico

Oil rebalance at risk, says energy expert

Output and inventories must fall, says Pira Energy’s Gary Ross

Gazprom-EU relations will remain combative

Russian gas group reassesses prospects in European market

Bush calls for repeal of oil export curbs

Energy deregulation pitch comes as former Florida governor backs Keystone XL pipeline

Carney warns of ‘huge’ climate change hit

BoE governor fears global warming fight will ‘strand’ assets

Ineos bids for Fridman’s North Sea fields

Chemicals giant in running for Russian billionaire’s assets


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