Prospex gets drilling green light for Italian well
Prospex Oil and Gas has received the go-ahead for drilling on the Italian hydrocarbon well, Podere Maiar.
Oil retreats as OPEC pledges June review of production limits
Oil dropped after an OPEC-led coalition of major crude producers left the door open to dropping supply cuts halfway through 2018.
Russian investor injects cash into natural gas field
Russian entrepreneur and infrastructure investor, Andrey Filatov, chairman Tuloma investment company, has joined a consortium to invest in a liquid natural development.
Westinghouse appoint new CTO
Westinghouse Electric Company announced today that Ken Canavan has been appointed chief technology officer (CTO), effective January 2, 2018.
Envision Energy announce new renewable energy forecasting partnership
Envision Energy, a global smart energy solution provider, announced today a new strategic partnership to advance research in renewable energy forecasting.
Brazil’s oil giants roll into Aberdeen in search of decom solutions
An early morning Aberdeen City Council event sees the biggest names in Brazilian oil seek to make deals with Aberdeen decommissioning big hitters.
Moray could get 200k panel solar farm
Plans to create the largest solar farm in Scotland could be about to take a step closer to reality.
OPEC reportedly agrees oil-cuts extension to end of 2018
OPEC agreed to extend its oil-production cuts to the end of next year as the job of rebalancing the market is not yet done, according to delegates at a ministerial meeting in Vienna.
Oil holds close to $64 as OPEC reportedly agree to nine-month extension
Brent held near $64 after OPEC agreed to extend production curbs to the end of next year, giving the market what it expected.
WATCH: Statoil’s Aasta Hansteen undergoes marine transfer
The Aasta Hansteen undergoes topside marine transfer operations where the White Marlin is undocked and sent out to Norwegian waters.
Shell UK pay men 22% more than women
Oil giant, Shell, has published its 2017 gender pay and bonus gap report showing that it pays males 22.2% more than its female staff.
BP and Copersucar form Brazilian alliance
A joint venture has been announced between BP Biofuel and Copersucar in order to own and operate an ethanol storage facility in Brazil.
Statoil net onshore Argentinian exploration licence
Norwegian energy giant, Statoil, has announced its success within Argentina’s Gas y Petróleo del Neuquén’s (GyP) 5th bidding round to begin exploration within the Neuquén basin.
Moray Firth carbon dioxide storage site prone to gas leaks
The carbon dioxide storage potential of a site in the Moray Firth has been significantly overstated, new research suggests.
Prosafe embrace Mediterranean contract with Safe Swift
Owner and operator of semi-submersible accommodations vessels, Prosafe, will act as managers for Safe Swift vessel in the Central Mediterranean Sea contract.
Iraq to announce tender for Kirkuk oil pipeline
Iraq’s oil minister has announced that the country will open up a tender process for a new oil export pipeline from the Kirkuk oilfield.
Exxon close to Mauritania offshore oil and gas deal
In an effort to push into the West African oil and gas market, ExxonMobil are nearing a deal to explore offshore Mauritania.
UK Government announce details of £120million battery tech investment
UK Business Secretary, Greg Clark, has confirmed the details of the government’s £120million investment in battery technology.
New buoy can detect the ideal offshore wind farm location
The EOLOS LiDAR, a fully-equipped and autonomous wind, wave and current measuring buoy, has been launched in the Polish Balic region to pinpoint the optimal offshore wind farm location.
Kincardine Offshore Wind Farm applies to increase capacity and height
The Kincardine Offshore Wind Farm has submitted an application to the Scottish Ministers to increase the megawatt capacity and extend to the turbine height.
Utilita Energy accuse Big Six of differential pricing in Westminster and call on government to act
The CEO of a British independent energy supplier is calling for immediate action from Government and regulators to help millions of households trapped on punitive energy tariffs operated by the Big Six.
Scotrenewables power to 1GW of tidal energy in record time
The Scotrenewables Tidal Power SR2000 2.2MW floating tidal turbine has hit 1GW of tidal energy in record time at the European Marine Energy Centre (EMEC) in Orkney.
Aberdeen to up-skill Brazil at decommissioning event
Aberdeen City Council's international trade team have invited Brazil's offshore operators to the city in order to highlight the decommissioning possibilities within the South American nation.
Thousands to go on strike at Sellafield today
Thousands of workers at the Sellafield nuclear site will go on strike on Wednesday in separate disputes over pay.
Hywind floating wind farm to get batteries that ‘learn’
A project run by German-American company, Younicos, aimed at delivering a 1MW energy storage system to Hywind will install batteries that ‘learn’.