Oil price concerns on North Sea tanker increase
Concerns are growing a build-up of unsold oil off the UK cost could keep prices down.
Exxon’s Liza find in Guyana confirmed as commercial
ExxonMobil has fast-tracked its Stabroek block project offshore Guyana.
EnQuest gets final nod from US Courts for restructuring
EnQuest has been given confirmation of its Chapter 15 recognition order.
Orlando asset up for grabs once again after Bridge pulls out of deal
Atlantic Petroleum said it has been advised by Bridge Petroleum that it is unable to complete the the transaction for a 25% share of the North Sea Orlando asset.
Shell snaps up large volumes of North Sea oil – reports
Shell is said to have snapped up a large volume of North Sea oil which helps set the global Brent benchmark, according to reports.
Port chiefs call community to summit over ship-to-ship oil transfers
Port chiefs are inviting community council members from around the Cromarty Firth to a summit in an effort to allay fears of pollution from proposed ship-to-ship oil transfers.
Siemens Subsea cuts 155 jobs in UK and Norway
Siemens Subsea will make job losses from its premises in the UK and Norway.
OMV estimates one billion barrels of oil from Wisting discovery
OMV said its Wisting discovery in the North Sea could contain more than one billion barrels of oil equivalent.
MSP calls for renewables innovation centre to boost productivity
The Scottish Government should simplify support for innovation and create an innovation centre for renewable energy to help boost productivity, a Conservative MSP has said.
Dutch court hit with 25 appeals against Groningen production cap
A Dutch court has received 25 appeals against the government's decision to cap production at the Groningen gas field to an annual figure of 24 billion cubic metres from protesters who do not think it goes far enough.
This week’s top Shell stories
This week it was revealed Shell was planning to sell some of its $3billion Norwegian assets.
MeyGen project to be renamed in honour of director
The world's largest tidal energy scheme in the Pentland Firth will be named after a key figure in turning the £500million vision into a reality.
Noble Energy to cut 60 jobs, mostly in Houston
Noble Energy will reduce its headcount by up to 60 jobs.
Ecotricity ends plans for 16 wind turbines in Scottish Borders
Plans to build 16 wind turbines in the Scottish Borders have been withdrawn by developers.
Xodus Group wins offshore Romania FEED contract
Xodus Group has won a contract from Black Sea Oil & Gas and its partners for a Front End Engineering and Design (FEED) contract for the development of the Ana and Doina gas discoveries offshore Romania.
Investigation after gas pipeline explosion kills one, injures 11 in Illinois
The US National Transportation Safety Board (NTSB) is investigating a natural gas pipeline explosion which killed one person and injured 11 others.
Nigeria’s largest airline reduces domestic flights after fuel scarcity
Nigeria's largest airline Arik Air has reduced the number of domestic flights it offers after a scarcity of aviation fuel, according to reports.
Firm to press ahead with Dakota Access pipeline despite protests
The firm behind the Dakota Access pipeline are looking to complete the project even if protests continue amid construction.
Statoil says final investment decision on Tanzania LNG five years away
A final investment decision on Tanzania’s $30bllion onshore liquefied natural gas export terminal (LNG) will not be made for at least five years according to Statoil’s country manager.
Chevron to press ahead with Great Australian Bight drilling plans after BP exit
Oil major Chevron has reaffirmed plans to drill four exploration wells in the Great Australian Bight.
Paris climate change agreement to be ratified by UK
The UK is set to ratify the world’s first comprehensive agreement on tackling climate change after Parliament raised no objections to the deal.
Shell’s Corrib gas field generates daily sales of €1.2m
Fresh figures have revealed Shell’s Corrib gas field is generating sales of more than €1.2million a day.
Statoil looks for go-ahead on Mim prospect
Statoil is said to be looking for approval from the Norwegian government for the Mim prospect in the North Sea.
Santos nets 20% interest in PNG farm-in
Santos said it has signed an agreement to farm-in for a 20% interest in a licence in Papua New Guinea.
Board member steps down from Sirius Petroleum
Sirius Petroleum said a member of its board has resigned with immediate effect.