Energy Voice has recently published its latest research report “Sub $50 Oil – New Perspectives & Hidden Opportunities”. The aim of the research, as the title suggests, is to identify untapped opportunities in the oil and gas industry in the current low oil price environment, as well as uncovering the main risk factors in play.
In Donald Trump's quest to MAKE AMERICA GREAT AGAIN, superlatives tend to outweigh nuance. Anyone in the coal business taking heart from the Republican presidential candidate's speech on energy should keep that in mind.
News that the UK Government has incurred a loss from North Sea oil and gas production for the first time since records began is clearly very concerning.
Shares in oil company Xcite Energy are under pressure after the announcement of first quarter results did little to allay fears surrounding its debt obligations that mature at the end of next month.
Whilst this is undoubtedly a significant decision for the nascent shale gas industry, as many in the industry will appreciate, not least Third Energy, there is still a very long way to go before the UK is in a position to demonstrate a credible and sustainable scale of shale gas supply.
Although I’m in danger of teaching grannies to suck eggs here, please bear with me… Design & Build (D&B) is a project delivery system used by the construction and related industries to deliver projects in which the design and construction services are contracted by a single entity known as the design & build contractor.
By Amber Rudd, UK Government Secretary of State for Energy and Climate Change
Today I will have the privilege of officially opening Total’s impressive new gas plant on Shetland. It’s a significant development not only for Shetland, but for the UK as a whole – clearly showcasing the ongoing potential of the North Sea and using innovative techniques to extract gas from reservoirs deeper than we previously thought possible.
Drag your attention away from the Middle East for a moment. While policymakers have been focused on Saudi Arabia's oil market machinations, what really matters right now is happening 3,000 miles away in the Niger River delta.
Strange as it may sound, despite the UK being part of the EU single market, currently there is no truly level playing field where the UK generators can compete with their counterparts in the rest of the EU.
The disbelief in my initial reaction, to yet another tragic helicopter accident, was surpassed quickly by an overwhelming and heartfelt sadness that, once again, we had lost more colleagues as they simply travelled home from another offshore trip.
When we say the word ‘team’ we think of a tight-knit group of individuals working towards the same goal. We think of people wearing the same colours and we think of sport.
J. Paul Getty established his first successful oil well in Oklahoma in 1916. He later made one of the industry’s biggest gambles, investing millions in an unknown strip of land in Saudi Arabia – a gamble which paid off in 1953 at a flowrate of 16 million barrels of oil a year.
OPEC's strategy to lock down its share of the oil market comes with a worrying by-product: rising production means the world is less able to cope with a big supply disruption than at any time since the financial crisis.
Next year will mark the 40th anniversary of the Clair field’s discovery and, all going well, it should see the first oil being transported from its second offspring, Clair Ridge.
The first-quarter results posted this week from the oil sector are showing some signs of improvement and will come as a long overdue boost for weary long-term shareholders.
News that the Saudi government will sell off a 5% stake in its oil champion, Saudi Aramco, is arguably the biggest hydrocarbons policy shift since the 1970s, turning a page on the post-1973 nationalisation of the region's oil producers.
Businesses across the energy sector are increasingly adopting a lean approach to cash-flow to improve their resilience to the challenges the low oil price continues to bring.
Having seen the price of oil collapse by 75% in an 18-month period and BP suffer a $5.2bn loss, the reaction of the major oil company’s shareholders to certain events over the past few months suggests they have developed a somewhat battle-hardened mentality.