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
UK Oil & Gas on the hunt for copycat Horse Hills
UK Oil & Gas (UKOG) today confirmed it was on the hunt for copycats of its hugely successful onshore Horse Hill well.
Delek says final investment decision taken on $3.75bn Leviathan field
Delek Drilling today confirmed that project partners have taken a final investment decision (FID) on the Leviathan field development in the Mediterranean.
Lib Dem leader warns May not to pander to ‘climate change denier’ Trump
Theresa May must not pander to Donald Trump on climate change but invest to power a “new industrial revolution” in green technology, the Liberal Democrat leader will say.
UK needs ‘green guarantee’ to protect environment after Brexit
The UK’s environmental policies face a “cocktail of threats” from Brexit, it has been warned.
AkerBP records solid fourth quarter
AkerBP recorded a "solid" fourth quarter, according to its chief executive.
Madrid turns down LGO extension request for La Lora
LGO Energy said today that the Spanish Government had rejected the London-listed firm’s request to have the La Lora concession extended by two years.
Aker BP receives consent to remove emergency response vessel from Alvheim field
Aker BP has received consent to remove the dedicated emergency response vessel from the Alvheim field, around 260 kilometres west of Stavanger.
Power Jacks opens sales office in Germany
Aberdeenshire engineering firm Power Jacks yesterday revealed that it had set up a sales office on the European mainland.
Scottish Energy Strategy could include government owned energy firm
The Scottish Energy Strategy which has been set out in draft by the government could include its very own company.
Providence gets green light for Irish well
Providence Resources today confirmed it had been given the nod for its exploration well off the coast of Ireland.
Port chief hit back at oil transfer objectors over “victory” claim
Port chiefs have hit back at objectors' claims the have scored a "victory" in the battle against controversial plans for ship-to-ship oil transfers in the Cromarty Firth.
PM’s post-Brexit strategy includes energy storage and battery research centre
Theresa May’s industrial strategy will include a move to make post-Brexit Britain a world leader in cutting-edge energy storage and battery technology with the creation of a new research institution.
Inquiry into RHI scheme will leave no hiding places, Finance Minister vows
A public inquiry into Northern Ireland’s botched green energy scheme will leave no hiding places, Stormont’s finance minister vowed.
Faroe Petroleum sets sights on Brasse after string of licence awards
Faroe Petroleum confirmed it was streamlining its efforts to focus on its "high quality" Brasse discovery.
Norway production increases for the third consecutive year
Norway racked-up up its third consecutive year for production increases, the Norwegian Petroleum Directorate (NPD) today said.
TechnipFMC secures French stock market approval, lists new shares
Technip and FMC secured approval for its merged TechnipFMC from the French stock market regulator.
Aker BP positioned for growth, plans $900m in investments for 2017
Aker BP revealed today that it would invest between $900million and $950million this year.
Oil’s painful cost-squeeze generates output dividend for Norway
Cost cuts are painful, but for Norway’s oil industry making every penny count has also yielded a surprising production windfall.
Couple launch crowdfunding campaign to set-up energy firm
A couple fed up with the performance of energy suppliers are launching a crowdfunding campaign to start their own company.
Gazprom admits US could challenge European supply dominance
Russian energy major Gazprom has admitted that imports of LNG from the US could threaten its European dominance, a news report said.
Norwegian Shelf investment totals NOK135billion, foundation for probability laid
The foundation for probability in the Norwegian Shelf has been laid, according to the Norwegian Petroleum Directorate (NPD).
Faroe Petroleum spuds first exploration well of 2017
Faroe Petroleum has spud its first exploration well of the year.
Arenite Petroleum establishes “hidden in the open” gas field offshore Scarborough
Arenite Petroleum today confirmed the establishment of a new gas field, which it described as being previously "hidden in the open"offshore northern England.
Dana Petroleum bails out of Faroe as Israelis build up their stake in the North Sea
Israel’s Delek Group has taken a 13.18% stake in Aberdeen firm Faroe Petroleum after a £42.77million Christmas shopping splurge to boost its North Sea presence.
Gullfaks – Statoil’s trial by fire
Gullfaks today celebrated 30 years of production.
