The Glendronach discovery is big news for the UK as a whole, according to Wood Mackenzie.

The Glendronach discovery is big news for Total, its partners INEOS and SSE and the UK as a whole.

The Oil and Gas Climate Initiative has set its first collective methane target for member companies.

The Oil and Gas Climate Initiative (OGCI) has set its first collective methane target for member companies.

Oil bulls cheered by the prospect of $100 oil beware. A rally in prices may be short-lived.

(Bloomberg) -- Oil bulls cheered by the prospect of $100 oil beware.

(Bloomberg) -- Iran's oil tankers are starting to disappear from global satellite tracking systems with just under six weeks to go until U.S. sanctions are due to hit the country's exports, making it harder to keep track of the nation's sales.

(Bloomberg) -- California will hold a hearing this week on offering a $4,500 subsidy for each pure electric vehicle sold in the state, up from the current $2,500, even as customers from Tesla Inc.

(Bloomberg) -- India is not planning to buy any crude oil from Iran in November, raising the prospect that Tehran will lose another major customer as U.S.

The US frac sand buy Wellhead market could approach $6 billion by 2023. SOURCE: Black Mountain Sand

A key ingredient for drilling and completion operations in shale formations, proppant – often frac sand – aids in extracting hydrocarbons from source rocks.

In the period to 2040, the required global oil sector investment is estimated at $11 trillion.

In the period to 2040, the required global oil sector investment is estimated at $11 trillion.

UK union Unite confirms that its members covered by the Offshore Contractors Association agreement are to be balloted on industrial action.

UK union Unite has confirmed that its members covered by the Offshore Contractors Association (OCA) agreement are to be balloted on industrial action.