Subsea UK’s new tool helps firms move beyond North Sea
A new online tool will help British subsea firms shift their reliance from the North Sea and instead target the global energy market.
Companies urge Osborne not to ditch zero carbon homes policy
More than 200 businesses from the construction, property and renewable energy industries have urged the UK Chancellor George Osborne to reconsider his decision to scrap the zero carbon homes policy.
Shell defends BG deal
Shell has attempted to calm investor jitters over its proposed £55billion takeover of BG Group by saying it expects to save billions of dollars by cutting costs once the deal goes through.
Lenigas looks to new Cuban prospect
Monaco-based Australian oil tycoon David Lenigas, who earlier this month stepped away from the "Gatwick gusher" play, has made his first entry into the Cuban oil and gas market.
Technical fault sees Tullow suspend Jubilee production
Tullow Oil has suspended production from its Jubilee field to the Ghana gas plant at Atuabo due to technical issues.
Climate report reveals record heat and rising sea levels
The annual State of the Climate report is out, and it’s ugly.
Dragon investor questions Enoc share bid
A major Dragon Oil shareholder has said Emirates National Oil Company (Enoc)'s bid to buy additional shares substantially undervalues the oil firm's potential.
Ex-minister quits shale developer
Former Tory minister Sir Nicholas Bonsor has quit as a director of UK shale company TomCo Energy as part of a boardroom shakeup.
Ithaca downgraded to a “B” by credit ratings agency
Oil company Ithaca has had its credit rating cut following the oil price crash and delays to first oil from its North Sea field.
Scots turbine tech wins engineering Oscar
A team of Scots scientists whose technology has been described as significant as James Watt’s steam engine, have won engineering's top “Oscar”.
Petroceltic comes under fire from investor – again
A bitter boardroom dispute entered a new phase today as investor Worldview Capital called on shareholders to block a $175million fundraising limit for Irish oil firm Petroceltic.
Energy firm to sell power to the people – for less
A new non-profit energy company has been set up to sell cheaper power to around 200,000 homes across Scotland.
Shell disposes of $630million Elba LNG interest
Oil giant Shell is to sell its equity interest in Elba liquid natural gas company for Kinder Morgan for $630million.
Union boss says Bristow lay-offs “inevitable”
Offshore union boss Jake Molloy said lay-offs at Bristow were "desperately sad", but were also "inevitable" given the thousands of jobs cut already in the North Sea.
New wind turbine powers 1,000 homes
A new 500 kilowatt turbine scheme has been launched by Harworth Estates.
Ithaca predicts first oil from Greater Stella in 2016
Ithaca Energy said it expects to begin production from its North Sea Greater Stella field early next year.
Sound Oil secures Italian job
Sound Oil, the Mediterranean focused upstream gas company, can begin commercial production from the onshore Casa Tonetto production concession after receiving the go-ahead from the Italian government.
Subsea 7 forms alliance with KBR
Subsea 7 has formed an alliance with Houston-based KBR and Granherne to deliver front end engineering and design (FEED) services to the global offshore oil and gas industry.
Oilgen makes Houston appointment
Reservoir engineering consultancy Oilgen has made a key appointment in Houston to strengthen its international offering.
Oil and Gas UK honoured for offshore safety help
Industry body Oil & Gas UK has been hailed for helping improve safety and efficiency offshore.
New test site aims to cut pipeline failures
A unique test facility that can help identify and prevent potentially catastrophic pipeline failures around the world has opened for business. The $1.5 million Technology Development Centre in Houston was created by the PRCI (Pipeline Research Council International). It will helps enable operators and pipeline companies to carry out real world testing of onshore and offshore pipelines in one place and then assess how equipment will perform in extreme conditions.
ADIL nets £500,000 of contracts
Energy consultancy ADIL’s operations and improvements team has won contracts worth nearly £500,000 in the last quarter.
AnTech appoints new chairwoman
Coiled tubing specialist AnTech has appointed Jan Ward CBE as its new chairwoman.
REG extends deal with National Grid
UK green power provider Renewable Energy Generation has extended its contracts with National Grid to provide Short Term Operating Reserve ('STOR') through its existing 26MW bio-power plants.
Harkand boss urges Mexico to learn lessons from Brazil
A leading industry figure believes Mexico must learn the lessons from Brazil as it opens its oil reserves to investors.