Visionaire Invest strikes deal with Continental Energy
Visionaire Invest has struck a deal with Continental Energy Corporation to buy its 51% shareholding stake in Visionaire Energy (VEN).
Oil prices produce “double-edged sword”
A stronger dollar and a pound “weakened by the Scottish referendum” have put the brake on falling petrol prices, according to the AA.
Nostra Terra’s Colorado well exceeds expectations
Nostra Terra has announced a record level of production in one of its Colorado wells. The London-listed oil and gas exploration and production company has revealed that, over the past 10 days of production, the well produced at an average rate of 83.4 barrels of oil per day (bopd) gross.
Subsea 7 changes company articles to reinstate board members
Subsea 7 has reappointed two of its former directors back onto the board.
Buzzard back on stream
The North Sea Buzzard oilfield, the largest contributor to the Forties crude stream, has resumed oil exports following a fault, its operator Nexen said.
iSurvey snaps-up North Sea contract
iSurvey has been awarded a two year contract to provide positioning services to Island Offshore Management as part of a call off arrangement.
Opinion: Potential on the Clyde
It’s a story of Machiavellian political intrigue with oil companies, Scottish lochs, nuclear submarines and a government at war with the socialist industrial heartlands of its country. Chic Brodie, an SNP back bencher first broke the seemingly preposterous story that, in the mid 1980’s, the Tory government of Margret Thatcher intervened at the highest levels and stopped BP exploring for oil in the Clyde estuary for “national security” issues.
Growth and green policy ‘possible’
Choosing between growth and tackling climate change is a “false dilemma” as the two can be achieved together, a global commission has said.
Scottish Independence: Opinion – Our future oil and gas reserves
For many, the goal of independence itself overrides any fears of economic consequences. But faced with a vote that will have a huge impact on future generations, I believe that is a luxury we cannot afford. The key question has to be whether or not we will be better off or poorer as a separate country.
Horizon Oil Sands resumes production
Horizon Oil Sands, owned by Canadian Natural Resources, is back on line following 25 days of inactivity.
Scientists report hydrogen breakthrough
Scientists from the University of Glasgow have taken a step forward in the search for a source of cheap, clean and renewable energy. A paper from chemists at the university claims to have found a new method of allowing larger quantities of hydrogen to be produced at atmospheric pressure using lower power loads, similar to those produced by renewable power sources.
Major Canadian LNG plant one step closer to completion
Linde Group has won a contract with Woodfibre LNG for its planned Canadian plant.
Rosneft and Gazprom hit in latest round of EU sanctions
The European Union has imposed fresh sanctions on Russia, targeting some of its largest companies, in a response to Moscow’s actions in Ukraine.
Atlantis Energy one step closer to major Scottish tidal project
Atlantis Energy is gearing up to start work on a new tidal stream energy project in the Pentland Firth and Orkney Waters located north of mainland Scotland.
Shale gas national park bid blocked
Planners have rejected a bid by a shale company to explore for oil and gas in the South Downs National Park.
PMSS America makes senior appointment
PMSS America has appointed a new senior vice president with a view of further growth in the US offshore wind industry.
Protest as shale gas decision due
Opponents staged a peaceful protest as planners prepared to decide whether to approve or reject a shale company’s bid to explore for oil and gas in the South Downs National Park.
iSurvey lands Bibby work
Energy surveying company iSurvey, has completed a contract with Bibby Offshore's ROV division.
Work on new walk-to-work vessel gets under way
A North Sea walk-to-work vessel will be built after a company decided there was a strong enough need. Damen confirmed it will start fabricating the new offshore design on "speculation."
Premier Oil makes progress on Solan field
Premier Oil have announced the installation of a new subsea storage tank, jacket and topsides in the Solan oil field.
Fisher Offshore opens new Singapore base
Aberdeenshire-based Fisher Offshore has expanded into Asia after establishing a new facility in Singapore.
Technip lands major BP contract
Technip has been has landed an Engineering Procurement Installation Construction (EPIC) contract for the Juniper field offshore Trinidad. The company was awarded the lump some contract, thought to range somewhere between EUR250 and 500million, by BP Trinidad and Tobago.
Wealthy oil man fails in secrecy bid
A judge in London has refused to place a veil of privacy over a High Court cash dispute involving three “immensely wealthy” overseas businessmen.
Magnolia Petroleum secures funding to pursue 74 new wells
US focused oil and gas company Magnolia Petroleum has announced a new two year credit facility to support its onshore operations.
Russia gas exports: ‘Europe to cut energy dependency’
Europe could cut its dependence on gas from Russia with a major push on energy efficiency, a think-tank has urged.