There might be a way to provide the non-fuel benefits of oil and gas without new drilling
Energy Voice’s coverage of an all-subsea development for Clair South took me back to 1981.
Wood shares fall more than 6% as firm predicts subdued 2021
Shares in Wood dropped by more than 6% today, with the global engineering and consultancy firm sticking to its prediction of a fairly subdued 2021.
Neptune overcomes production drop to boost profits by two-thirds
Higher oil and gas prices, tax refunds and “tight cost control” helped Neptune Energy overcome a drop in production to lift its profits by two-thirds in the first quarter.
Burness Paull eyes energy growth with appointment of sector expert
Law firm Burness Paull is targeting growth for its energy business after pulling off a “coup” with the appointment of Bob Ruddiman.
Scientists make breakthrough to accelerate Dounreay clean-up
Cleaning up the former nuclear power site at Dounreay and its surrounding area could become quicker and cheaper following a breakthrough by scientists.
Tesla to stop accepting Bitcoin as payment
Electric car maker Tesla will stop accepting Bitcoin as a payment due to concerns about the environmental impact of the cryptocurrency.
Safety fears as Maersk Drilling clamps down on unpaid leave for ‘worn out’ expats
Expats on a rig off western Australia have warned that safety would be compromised after Maersk Drilling was forced to “reassess” unpaid leave requests amid the country’s strict Covid regime.
BP shareholder support for Follow This climate resolution more than doubles
A fresh example of the pressure mounting on oil and gas firms to speed up their transitions away from fossil fuels was served up by investors at BP’s annual general meeting today.
BP boss says support for leavers a sign of commitment to just transition
The boss at BP says the support provided to people leaving the company during its restructuring could be taken as a sign of its commitment to a just transition.
Neptune Energy proposing joint CCS and blue hydrogen project in the UK
Neptune Energy has thrown its hat in the ring for a licence that would underpin a combined carbon capture and blue hydrogen project in the UK, it has emerged.
Biden administration approves first big US offshore wind farm
The long-stalled push to build massive wind farms in the Atlantic Ocean along the U.S. East Coast took a crucial step forward Tuesday as the Biden administration approved plans for a project off Martha’s Vineyard.
Petrofac chief financial officer set for pastures new
Petrofac said today that its chief financial officer, Alastair Cochran, will leave the energy services firm.
EnQuest bid to refinance for Golden Eagle deal ‘on track’, Magnus hit by outages
EnQuest said today that it is “on track” to refinance its senior credit facility, paving the way for it to complete a North Sea acquisition.
‘All-subsea’ development among the options for BP at Clair South
Energy giant BP has confirmed that a subsea development is among the options being weighed up for its Clair South project, west of Shetland.
New chemical discoveries to catapult the hydrogen economy
Professor Abbie McLaughlin, from the University of Aberdeen’s Department of Chemistry, takes a look at the opportunities presented by a research breakthrough that could enable the widespread use of hydrogen energy to power transport and homes as part of the energy transition.
Cairn Energy suffers shareholder revolt over pay for bosses
Scottish oil and gas firm Cairn Energy was on the end of a stinging shareholder revolt over bosses’ pay today.
Aberdeen green battery start-up says it can help Texas combat blackouts
Mobile green battery start-up Carbon Neutral Energy (CNE), of Aberdeen, is looking to set up a base in Texas, just two months after launching.
New Bluewater-backed energy storage firm has $250m investment war chest
A new energy storage firm with backing from private-equity house Bluewater plans to invest $250 million.
Archer putting £15m into DeepWell acquisition
Drilling contractor Archer is buying Norwegian well intervention company DeepWell for £15 million.
Oil declines as hack-hit US pipeline works to restart flows
Oil fell as traders monitored the worsening fallout from the closure of the largest U.S. oil-products pipeline, and looked ahead to OPEC’s latest analysis of global supply and demand.
Diamond Offshore appoints new CEO
Diamond Offshore Drilling has appointed Bernie Wolford Jr as its president and CEO.
Half of Shell’s energy mix to be clean next decade, CEO says
Royal Dutch Shell Plc’s head expects clean energy to make up half of the company’s energy mix “somewhere in the next decade.”
Oil up as cyberattack knocks out US pipeline
Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the U.S. out of action.
Will oil hit $80 this summer?
India, the world's third-largest oil importer, is the latest coronavirus hotspot. It has recently hit a record-breaking number of new daily coronavirus cases—a statistic that dented oil demand and pressured oil prices.
Offshore wind industry shipbuilding booms
US firm Great Lakes Dredge and Dock Co (GLDD) has contracted ship builder Ulstein to move onto the integration engineering phase for the Jones-compliant rock dumping vessel earmarked for the nascent American offshore wind market.