Shell reportedly mulling sale of chemical assets in Europe and US
Oil supermajor Shell is reportedly considering selling its chemicals assets in the Europe and the US, including its holdings in the Mossmorran plant in Fife.
Europe
European Oil and Gas news
Voltalis pledges £1bn after Ofgem demand response reform
An arcane Ofgem decision is bearing fruit. The regulator’s move to carve out space for demand-side response in the UK market has triggered a significant £1 billion investment from French energy technology company Voltalis.
All Europe Posts
Norway bolsters oil-industry defenses against foreign takeovers
Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen to be potentially targeting a growing Russian interest in its resources.
Statoil recommends new chairman of the board
Statoil's nomination committee has recommended Jon Erik Reinhardsen be elected the oil major's new board chairman.
Europa prospects offshore Ireland hold more than 500million barrels
Europa Oil and Gas said today that two of its prospects off Ireland contain prospective resources of more than 500million barrels of oil.
Ireland sanctions Europa farm-out to Cairn Energy
The Irish Government has sanctioned Europa Oil and Gas’s farm out of a 70% stake in an offshore licence to Edinburgh-based Cairn Energy.
Shell to provide funding for Nord Stream 2 project
Shell is among a group of five energy companies who have agreed to stump up funding for the Nord Stream 2 project.
Providence picks CHC Helicopter for job offshore Ireland
CHC has signed a contract with Providence Resources to provide helicopter services.
UK has first day without relying on coal for power since 1880s
The U.K. had its first full day without burning coal to make electricity since the Industrial Revolution more than a century ago, according to grid operator National Grid Plc.
General election needed to stop opposition parties ‘frustrating Brexit’, says May
Theresa May has said a snap general election is necessary to prevent opposition parties at Westminster “frustrating” the Brexit process.
Norwegian Petroleum Directorate to host petroleum data forum
The Norwegian Petroleum Directorate (NPD) will host an international conference on storage and use of petroleum data.
Saffron Energy celebrates first gas
Saffron Energy was today celebrating first gas from its Bezzecaa field.
UK post-Brexit economy depends on energy market that’s a mess
Relying on natural gas to fuel Europe’s second-largest economy was never going to be easy for the U.K., even before Brexit.
Pioneering Spirit booked in for Nord Stream 2 pipelay job
Nord Stream 2 has booked three Allseas vessels for a major pipelay job in the Baltic Sea.
Anti-fracking campaigners to find out result of high court action
Campaigners fighting a Government decision to give the go-ahead for a fracking site in Lancashire find out the result of their High Court action today.
Damen buys shipyard from Keppel
Damen has acquired the Keppel Verolme shipyard in the Rotterdam Botlek area from Keppel Offshore & Marine.
Brexit could trigger fresh row over Rockall ownership
Brexit could reignite an age-old controversy over ownership of an isolated Atlantic islet off the Donegal coast.
ExxonMobil, Qatar Petroleum team up for Cyprus venture
ExxonMobil and Qatar Petroleum have signed a contract with Cyprus to explore a block in the Mediterranean Sea.
Norwegian Shelf reaches 6,000 well milestone
The Norwegian Petroleum Directorate (NPD) today celebrated the region’s 6,000th well.
OGA grants more time for Horse Hill
The Oil and Gas Authority has granted more time for the Horse Hill discovery.
Fracking experts warn only quarter of shale gas in major reserve recoverable
Only a quarter of the shale gas in one of the UK’s biggest reserves might be recoverable due to limited space to develop the necessary wells, academics have said.
Repsol to buy 60% stake in Greek blocks from Energean
Energean Oil and Gas will farm out a 60% interest in two of its assets onshore Greece to Repsol.
Wintershall passes offshore audit
Norway’s safety body gave a Wintershall a clean bill of health in its latest safety audit.
Eni Norge’s wildcat bites dust
Eni Norge's wildcat well failed to recover any hydrocarbons.
Europa agrees farm-out deal with Cairn Energy
Cairn Energy has agreed a farm-out deal with cairn energy.
Sound Energy kick-off onshore drilling campaign in Italy
Sound Energy has started its onshore drilling campaign in Italy, the firm today confirmed.
Europe’s thirst for gas is growing, Gazprom says
Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the lowest levels since 2013, according to Gazprom PJSC.