Chevron (NYSE:CVX) is accelerating its $48B expansion of Kazakhstan's Tengiz oilfield, raising its production to ~1% of global crude supply, Reuters reported Friday. Expansion of the Kazakh ...

TSB profits reached another record high last year as the lender made its greatest contribution to group earnings since it was acquired by Banco Sabadell for £1.7billion in 2015. Statutory pre-tax ...

The Bank of England dropped the base rate this week for the first time in months, and it’s expected to cascade onto consumers soon enough. For homeowners and buyers this will mean better ...

Sir Keir Starmer is facing a growing Labour backlash over the potential approval of a giant new oil field. Labour MPs said the move would mark a "breaking point" and was "absolutely a line in the ...

At Tedium, Ernie Smith writes: Having seen a lot of pipes, wavy lines, and flying toasters in my day, there was a real novelty to the art of screen savers, which became another way to put your visual ...

Smiths Group plans to offload a major chunk of its business to help boost shareholder returns, following pressure from a major investor. The engineering firm said it hopes to sell Smiths ...

Everybody in television production has become risk-averse, according to the chairman of Ofcom. Lord Grade, the former chief executive of Channel 4 and chairman of the BBC, lamented the lack of ...

HOUSTON (Reuters) - Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to ...

Oil output at Iraq’s giant Rumaila field remains reduced by 300,000 barrels a day after a fire last week, according to an official. The timeline for a full recovery to previous levels of 1.2 ...

The oilfield services industry is expected to shrink by 0.6% in 2025 due to a decline in shale/tight oil and other onshore segments. Inflation, capacity constraints, and geopolitical factors are ...

The company has not made a final decision on whether or not it will go ahead. The Bay du Nord oilfield is roughly 500 kilometres off the coast of St. John's, in waters about 1,170 metres deep ...