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
KCA Deutag secures valuable new deal with Statoil
Aberdeen-based international drilling and engineering contractor KCA Deutag said yesterday it had retained a Statoil contract worth up to £168million.
ESS reduces headcount in Norway
ESS said it has reduced its headcount by 58 employees in Norway.
Norwegian energy minister to mark construction start of Johan Sverdrup living quarters
Norway's minister of petroleum and energy has marked the construction start on the Johan Sverdrup utility and living quarters on the island of Stord.
Trio of contractors win Statoil work worth $600m
Norwegian operator Statoil has extended contracts worth $600million to a number of companies including KCA Deutag, Archer and Odfjell.
Songa rig to begin journey from South Korea for Statoil job
Songa Offshore said it has taken delivery of the Songa Enabler from Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea.
Strike threat looms closer in Norway as negotiations break off
The Norwegian union Fellesforbundet has broken off negotiations with the employers' Federation of Norwegian Industries.
Crude at $40 isn’t the only problem facing Norway’s oil industry
The collapse of crude prices isn’t the only problem facing energy companies in Norway: Explorers in western Europe’s biggest oil-producing nation also have had their leanest drilling spell in almost a decade.
Cadogan sounds out Ascent takeover
Cadogan Petroleum has made a "highly preliminary approach" that could see the company combine with fellow London-listed firm Ascent Resources.
KCA Deutag looks to recruit 300 staff in Norway
KCA Deutag said it has begun a recruitment process for operational staff in Norway.
InfraStrata eyes oilfield potential in Ireland
InfraStrata, the Irish independent explorer, said the massive potential for its Woodburn Forest play can deliver Ireland its largest onshore oilfield.
Statoil emissions increased by more than 50% in 2015
Statoil had 21 serious emissions last year which was an increase of more than 50%, according to new reports.
Brexit could push up bills and threaten UK’s energy security, warns Rudd
Leaving the European Union could push up bills and threaten the UK’s energy security, Energy and Climate Change Secretary Amber Rudd has warned.
First shipment of US shale arrives in Norway for INEOS
Shipments of shale gas have arrived in Norway for the first time since an export ban was lifted in the US.
Murdo Fraser: Scotland ‘would be foolish’ to miss out on fracking
Scotland "would be foolish" to miss out on the fracking opportunity, according to Murdo Fraser.
Maersk Drilling to make up to 70 redundancies in Norway
Maersk Drilling is set to make up to 70 redundancies in Norway.
Infrastrata losses narrow
Irish focussed oil and gas firm InfraStrata saw its losses narrow in its latest unaudited results.
COSL salvages rig contract with Statoil on Troll field
Statoil has taken back a COSL Drilling Europe semi-submersible at its Troll field off Norway swiftly after suspending the deal earlier this month.
Halliburton-Baker Hughes faces third EU delay over missing info
Halliburton Co.’s bid to buy oil-services rival Baker Hughes Inc. was stalled for a third time by European Union regulators who said the companies have once again failed to supply key information about their proposed deal.
Frontera plans key Georgia fracking campaign
Oil and gas exploration company Frontera Resources is set to carry out a crucial frack campaign ahead of the large scale exploitation of Georgia's South Kakheti gas complex's Oil Window initiative.
Horse Hill doubles output, produces ‘North Sea-like’ flow rates
UK Oil and Gas (UKOG) today confirmed its Horse Hill development had doubled its daily output to 323 barrels of oil per day.
Chinese oil company opens Scottish base, creates 10 jobs
A Chinese oil and gas research company has opened a Scottish base in Edinburgh.
Video: Eni to cut costs and sell assets to become leaner player
Italian oil company Eni aims to save EUR13billion from cost cutting and asset sales as it aims to become a leaner organisation in the new low oil price environment,
Norway cuts interest rate by 0.25%, says may act again later this year
The Norwegian central bank reduced its key interest rate by 0.25 percentage point, to 0.5 percent, and said it may act again later this year to spur the economy from its oil-led downturn.
Statoil shuts down Volve field
Statoil has shut down the Volve field, according to reports.
Ocean Installer nets Statoil contract
Norwegian operator Statoil has awarded a contract to Ocean Installer which will see it perform subsea work.