Shell has been told to commit itself to developing a $10 billion (£5 billion) gas field in Iran by June, or else risk losing the project to a rival.

Troubled IT services group Logica is to announce job cuts when new chief executive Andy Green outlines the outcome of a strategic review tomorrow (April 22nd).

German Energy giant E.ON has no plans to place a bid for nuclear power station operator British Energy, according to reports.

Private equity firms are taking a more significant role in the recruitment process of the businesses they back, according to executive recruitment experts.

Energy company Centrica is pushing on with its internationalisation programme with the agreed purchase of oil and gas assets in Canada for C$56.7 million (£28.4 million).

iProfile has announced the appointment of Karl Gregory as marketing director, as part of its drive to widen its presence in the UK and offer an online dynamic profile for professionals.

The oil industry should not be held responsible the rising price of oil, according to Shell Oil president John Hofmeister.

Legal firm Dickinson Dees has signed up to assist a multi-million pound Building Schools for the Future (BSF) project.

Suez has called for a common energy policy and single regulator in Europe, though it accepts this may take time.

Magic circle company Clifford Chance is to relocate its Dubai-based partner Mohamed Hamra-Krouha to Saudi Arabia, only days after Herbert Smith announced its partnership with a Saudi firm.