$100 oil is in sight, says analysts and Chevron CEO
As crude futures leap higher, traders and analysts are increasingly talking about when — not if — prices return to $100 a barrel.
BP will move on from its governance scandal ‘quickly’, ex CEO says
Former BP (LON: BP) CEO John Browne expects the British supermajor to move on from its governance scandal “quite quickly” and stick with its current strategy.
Minister responds to fishers’ anguish over North Sea wind farms
Scotland Office Minister John Lamont has pledged to make sure a “spacial squeeze” in the North Sea is “effectively” managed amid fishing industry concerns over offshore wind farms.
Orcadian Energy may have found dancing partner on £1bn North Sea project
Orcadian Energy (AIM: ORCA) has entered into a provisional agreement with an operator on a potential farm-in to its £1bn Pilot project in the North Sea.
BP CEO search is Big Oil’s best chance to fix its gender problem
Big oil has yet to appoint its first-ever female CEO — something BP could soon change.
Many unanswered questions linger after week of chaos for BP
After several days of chaos, BP Plc (LON: BP) ended last week without a permanent leader and with significant doubts over its strategy.
Highlands cable factory: Sumitomo won’t build without £24.5m government grant
Lack of government grant would put £350m cable factory from Sumitomo in doubt, says report.
Shell pushes on with CCS in Southern North Sea transformation
It comes weeks after the firm received final bids for its SNS gas fields, and after exiting the Northern Endurance carbon capture and storage project.
Major expansion for Acorn CCS in Aberdeenshire with new carbon storage licences
The Acorn CCS project in Aberdeenshire is to expand after being awarded fresh carbon storage licences in the North Sea.
Dabinett: Horizon confirms high-impact target to be drilled in 2024
Horizon Energy Global has confirmed its plan to drill the high-impact Dabinett North Sea well in 2024.
New investment bank Cavendish targets North Sea energy
Neil McDonald, head of Scotland at the firm, says it wants to support growing energy firms.
More challenges as North Sea driller IOG faces administration fears
Troubled IOG has key licence extensions blocked by NSTA as it risks administration over impending interest payments.
Surprise exit of BP CEO leaves questions over green strategy
“Once a CEO lies to the board, there is a loss of confidence,"
Interview: Ithaca Energy on fresh hunt for Cambo partner
Ithaca Energy CEO Alan Bruce discusses the farm-out, work on the Cambo FID and why the UK should be a bit more Norway. . .
Confirmed: BP CEO Bernard Looney resigns over ‘personal relationships’ with colleagues
BP (LON: BP) has confirmed its CEO Bernard Looney has resigned after an investigation into his “conduct in respect of personal relationships with company colleagues” and misleading the board.
Shell completes exit of Cambo oilfield as Ithaca Energy buys out stake
Ithaca Energy (LON: ITH) will buy out Shell’s (LON: SHEL) stake in the Cambo oilfield, becoming the 100% owner of the West of Shetland project.
Hedge fund boss slams hydrogen bets as ‘complete waste of time’
Hydrogen is a losing bet for investors interested in making money in the foreseeable future, according to Barry Norris, the founder and chief investment officer of UK hedge fund Argonaut Capital Partners.
Decom Mission launches major survey for industry ‘snapshot’
A new survey is being launched by decommissioning trade body Decom Mission to deliver a ‘snapshot’ of industry sentiment.
UK government formally approves new North Sea oil project
The UK Government has formally approved the Affleck redevelopment - a new oil project in the North Sea.
McDermott kicks off major financial restructuring
Oil and gas contractor McDermott has started a restructuring package amid concerns over its financial health.
Chevron asks regulator to intervene in Australia LNG strikes
Chevron (NYSE: CVX) is applying to a labor regulator to help resolve its dispute with unions at liquefied natural gas sites in Australia as workers continue partial strikes.
Talent and timing: Can Aberdeen’s oil and gas skills make the energy transition?
A huge energy transition opportunity awaits, meantime Aberdeen needs to retain its oil and gas skills base.
Pair of North Sea divers sanctioned for fraud
HSE and the Police worked to strip the divers of their qualifications, both of whom worked for North Sea contractors.
‘The outcome the sector needed?’: CfD wind auction flop could spark action, says Wood Mac
Why did the auction flop? And what needs to change?
Offshore Achievement Awards launch at Offshore Europe
A top awards show, celebrating the best of Aberdeen’s energy industry, has launched at Offshore Europe.