01 February 2017
Following independent research published in late 2016, the Scottish government has opened a public consultation on fracking, a practice which is currently banned in the country.
27 January 2017
Although the company saw an uptick in North American oil and gas activity towards the end of 2016, Baker Hughes reported a net loss of $417m, while revenues also saw a y-o-y decline in Q4.
26 January 2017
While revenues were lower y-o-y, Carbo managed to narrow its net loss and see an improvement sequentially through new technology sales.
24 January 2017
Both Q4 and full year 2016 earnings were down y-o-y, while the company noted an improvement sequentially, particularly in North America on the back of the strengthening rig count.
11 January 2017
According to a report published by the UK trade body, it would be possible to cut the UK's dependency on gas imports by half while still maintaining the UK's countryside areas, using similar operational models as in the US.