Rosebank ‘key driver’ as Altera Infrastructure emerges from bankruptcy
Aberdeen-headquartered Altera Infrastructure has emerged from Chapter 11 bankruptcy, hailing a deal for the Equinor Rosebank oilfield as a “key driver”.
BP eyeing more growth in offshore wind portfolio, says UK boss
BP has been busy snapping up acreage in offshore wind auctions in the UK, but the new in-country boss for the sector has hinted the energy giant is not done yet.
Industry leaders, influencers, and experts line up for International Energy Week 2023
International Energy Week Transitioning Out of Crisis 28 February – 2 March 2023 ieweek.co.uk
Real-time data driving business success
The energy industry has undergone an incredible amount of change over the past few years, and this is not likely to slow down.
Remains found of four workers in oil rig helicopter crash
The remains have been recovered of four workers who died in an oil rig helicopter crash last week.
Glass Onion: Does the Netflix movie get it right on hydrogen?
We do some detecting of our own...
Shell expects $2bn hit from UK and EU windfall tax
Windfall tax measures in the UK and EU are expected to see Shell (LON: SHEL) take on a $2bn liability during Q4, the energy giant has said.
Decommissioning – where next?
Decom North Sea argues the case for visibility of work for the supply chain, and hints at changes on the horizon for its own organisation.
Oil prices claw back some losses as demand concerns linger
Oil prices edged higher after tumbling around 9% over the previous two sessions, with demand concerns continuing to hang over the market.
Higher oil prices buoy investment in Aberdeen commercial property
Commercial property investments in Aberdeen headed back towards pre-pandemic levels during 2022, totalling £143.06 million, according to Knight Frank.
Transocean unveils UK deals as part of $488m awards
Transocean (NYSE: RIG) has unveiled a pair of UK North Sea contract wins as part of a clutch of global awards worth $488m.
Finding the right balance with organisational culture
The perception that every company working in oil and gas enjoys inflated margins is a myth that needs to be dispelled, writes ASCO's Peter France.
Rates ‘killing’ Aberdeen businesses as 650 premises sit empty
The rates system is driving businesses out of Aberdeen and stifling investment in the city, an MSP has warned.
Tokyo Gas nears $4.6 bllion deal to buy US shale driller Rockcliff
A Tokyo Gas Co. unit is in advanced talks to buy US natural gas producer Rockcliff Energy in a deal worth about $4.6 billion, including debt, a person with knowledge of the matter said.
Oil prices: New Year misery deepens as demand concerns tick up a notch
Oil’s miserable start to the year deepened as a deteriorating demand outlook came to the fore, buttressed by predictions for a US recession, China’s near-term struggle with Covid-19, and milder winter weather.
Former Siccar Point finance boss joins fracking firm IGas
Doug Fleming, the former chief financial officer of North Sea operator Siccar Point Energy, has joined the board of UK fracking firm IGas (LON: IGAS).
Labour turns up the heat on Rosebank oilfield
Labour has urged the new UK business secretary to shut down the Rosebank oilfield before it begins production.
Five ways for the energy industry to shift the dial on inclusion in 2023
I remember once being in a queue at a newsagent in Croydon, London when a gentleman approached me with the excitement of someone who had just discovered they were the heir to a huge fortune and said, “This is the end of racism!”.
Brent Crude oil climbes in price during first session of 2023
International oil price benchmark Brent Crude climbed in the year’s first session as traders digested mixed signals on demand from China, the world’s largest crude importer.
‘Incredibly excited… but also sometimes daunted’: Wael Sawan on becoming new Shell CEO
Shell (LON: SHEL) has released its first interview with new CEO, Wael Sawan, on his challenges ahead in the top job.
Wood Mackenzie: Review could address ‘fundamental flaws’ in UK energy tax
Wood Mackenzie looks at the impact of the latest government windfall tax policy and how this could affect the direction of the energy industry over the coming year with a full review of the sector’s fiscal system set to be undertaken.
Breaking ground for a motivated workforce in 2022
From truly flexible working to Spanish vineyards… does this sound like the working life for you? Land seismic technology company STRYDE certainly thinks so.
By prioritising relevant delivery experience, we can create the energy leaders of the future
2022 has been a massive year for the energy sector, and I don’t say that lightly. It is an industry founded on commercial and technical ingenuity. An industry which repeatedly rises to the challenge. The most recent challenge is the balancing act between energy security, climate change, social justice and the rising cost of living on the global agenda.
UK won’t hit net zero by 2050 on current course: DNV
The UK is going through a transition that will transform today’s energy system, writes DNV's Hari Vamadevan, but not sufficient to meet its 2050 Net Zero emissions commitments
Sir Ian Wood: Time to reflect on domestic energy security
The former oil and gas business giant says the windfall tax "must be revisited as a priority".