Russian gas monopoly cuts off all supplies to Ukraine
Russian gas monopoly Gazprom said it cut all gas supplies to Ukraine yesterday after talks broke down over payments for past shipments and a price for 2009.
Oil & Gas
Fears for jobs as oil and gas firm faces administration
Oil and gas firm Oilexco North Sea (ONS) is poised to go into administration, leaving a questionmark over 50 jobs in Aberdeen.
Lean second half forecast for North Sea
Hundreds of millions of pounds of oil and gas exploration and development activity in the North Sea will be shelved next year, the senior partner of PricewaterhouseCoopers in Aberdeen has warned.
Causeway phase-one plan submitted
Oil and gas operator Antrim Energy said yesterday it had submitted a field-development plan for the Causeway oil discovery in block 211/23d north-east of Shetland to the Department of Energy and Climate Change.
Opito director on GlobalScot mission
OPITO - the Oil and Gas Academy's director of international business development is to join GlobalScot, the select group of international business leaders committed to advancing Scotland's success around the world.
Aberdeen Gateway secures first major tenant
THE Aberdeen Gateway Business Park in the city's Wellington Road has gained its first major tenant.
Granite City firm hails first oil from Grouse
Venture Production, the Aberdeen-based oil and gas operator, said yesterday it had successfully brought the Grouse oil field into production.
Oil price volatility likely to continue despite Opec moves
Motorists have had a rollercoaster ride at the petrol pump this year as oil prices careered to record levels before falling back.
Disposal of platforms on the cards
The steep fall in the oil price could lead to a boom in the decommissioning of older North Sea platforms.
Government gives Elixir more time for farm out
Elixir Petroleum said yesterday that the Department of Energy and Climate Change had agreed to a four-month extension of the licence term on North Sea block 211/18b.
Scots power ahead with renewables
A fifth of the electricity used in Scotland came from renewable sources last year, it was revealed yesterday.
Christmas meals for a hungry drill crew, North Sea style
FOR most people, Christmas Day consists of opening presents and enjoying a turkey dinner.
Ex-Petrofac man fills top training post at AquaTerra
AN ABERDEEN-BASED supplier of work-at-height and rope-access-related services, AquaTerra, has created a training director role.
Dana successful in Norwegian licensing round
Dana Petroleum, the Aberdeen-based oil and gas operator, said yesterday that its Dana Petroleum Norway subsidiary had been awarded interests in eight Norwegian offshore blocks.
US sector bearing brunt of downturn
AMERICA has seen its position as the most attractive destination for investment in renewable energy nosedive, helping Germany to move to joint first place.
Oilexco sets up City data room to aid bidders
CANADIAN oil exploration firm Oilexco has opened a data room in London for potential buyers of some of its assets or even the whole company.
Cairn makes discovery near Raageshwari field
CAIRN India, 65%-owned by Scottish oil and gas operator Cairn Energy, said yesterday it had made another oil and gas discovery in Rajasthan, north-west India, adjacent to its Raageshwari field, which has an approved field-development plan.
Norwegian licence wins for Aberdeen firm
Faroe Petroleum said yesterday it had been awarded three new exploration licences under the latest Norwegian government licensing round.
French giant agrees to sell two UK power plants
British Energy (BE) buyer EDF said yesterday it would sell two power stations as part of a deal to gain European approval for its £12.5billion takeover.
Peterson appoints offshore safety expert
LOGISTICS company Peterson SBS has named John Fraser as group director of health, safety, environment and quality (HSEQ).
Trouble in pipeline for oil minnows
Next year is expected to bring another period of uncertainty for smaller oil and gas firms operating in the UK North Sea.
Focus on how to fulfil North Sea’s potential
Europe's biggest subsea event, the Subsea '09 conference and exhibition, will focus firmly on protecting investment, innovation and cross-industry collaboration in helping to exploit the potential of the UK Continental Shelf.
Company underlines commitment to UK
NORWEGIAN subsea technology company Framo Engineering has relocated its Aberdeen office to St Swithin Row from Willowbank Road.
Hunting expects customers to cut budgets
Energy service provider Hunting said yesterday that oil and gas company capital spending was expected to decline in 2009, as a result of both commodity price decreases and global financial market conditions.
Subsea 7 announces deal with TAQA
ENGINEERING and construction company Subsea 7 announced a multimillion-pound deal yesterday with the UK-based arm of Abu Dhabi national energy company TAQA.