Soaring oil price could cost budget airlines dear
Budget airline easyJet said yesterday that soaring fuel costs caused half-year losses to more than double and added that rocketing oil prices would put many carriers out of business.
Oil & Gas
North Sea still key to success of Britain’s oil service sector
A British oil-industry leader has stressed the importance of the North Sea to the continued success of the country's energy service companies in overseas markets.
Jura field gets ready for start-up
FIRST production from the Jura gas and condensate field in the UK northern North Sea is close, operator Total said yesterday.
Ferguson Group investment pays off
OFFSHORE accommodation and container specialist Ferguson Group continues to invest heavily and will soon announce record results for 2007.
ASCO growing Houston operation
OFFSHORE logistics company ASCO is to expand its Houston operations.
CSL sees significant potential for growth in America
Subsea project-management and engineering company CSL is to open an office in Houston this year as part of its expansion plans.
Opportunities for PSN in US and Canada
ABERDEEN-BASED global oil and gas industry service provider PSN is growing its presence across the Atlantic.
Major interest in Adipec
THE largest oil and gas event in the Middle East is among the exhibitors at OTC.
Triton launches Sub-Atlantic in US
ABERDEEN subsea technology business Triton Group is ramping up its presence in the US with the launch of Sub-Atlantic Inc, one year on from the acquisition of Granite City firm Sub-Atlantic.
Petrofac exporting North Sea training
A NEW training centre is to be officially opened in Houston today by international oil and gas facility-service provider Petrofac.
ATR Group unveils latest acquisition
ATR Group reveals its latest acquisition at OTC today. It has bought Bridon International's Aberdeen-based lifting service division for an undisclosed sum.
£3.5m wins for Aberdeen firm’s Houston office
Aberdeen company Electro-Flow Controls (EFC) sees great growth potential across the Atlantic.
Amec adds BDR’s expertise to Canadian oilsand operations
Amec has made a strategic acquisition in Canada designed to reinforce its already strong position in helping the extraction of oil and gas from the tar sands of Alberta.
OTC ideal platform for Scots products
OTC is a platform for Scottish companies to show off some of the world-beating technology being developed in the country.
Production fears keep on driving oil price higher
OIL hit another record high yesterday, climbing above $122 a barrel amid warnings that supply fears could push prices to $200.
IoD to get insight into renewable energy
NORTH-EAST members of the Institute of Directors (IoD) will hear about the region's renewable-energy potential during their next get-together in Aberdeen.
Sustainability and investment
Here's a thought for all those now basking in the Houston heat. Having demonstrated their stupidity in lending on so-called "sub-prime" mortgages, how do we know that the financial institutions won't make - or already have made - the same mistakes in the energy sector?
The haves, the have-nots and hot air
Back in 2002, when I was UK energy minister, I attended a producer-consumer dialogue in Osaka hosted by the International Energy Agency.
The North Sea of the South
As I scribble this month's column, West Texas Intermediate is trading a few cents short of $115 a barrel, Brent is only a couple of bucks below and the oil price has become a hot topic. Big Oil is in the headlines for something else, too: the largest oil discovery made in decades and, before that, at least two finds that may turn out to be super-giant fields.
Lancaster pitching at low-carbon energy
LANCASTER University's marketing blurb says: "It is difficult to open a newspaper without coming across articles on global warming and energy security or an advertisement claiming 'greenness' as a reason to buy particular products or services.
Dundee launches Leadership Programme
MANAGERS in the oil & gas industry now have the opportunity to equip themselves with the skills and knowledge for a senior management role via a new Master's Leadership Programme launched by Dundee University's Centre for Energy, Petroleum and Mineral Law and Policy.
Middle East MIST with more than touch of MIT
The Abu Dhabi government's future energy initiative, Masdar, has set up the board of trustees for Masdar Institute of Science and Technology (MIST), and Master's programmes are scheduled to get under way in 2009.
Vision for the North Sea
Smart graduate! Emily Ferguson, a geologist at Maersk Oil, spells out her vision for the North Sea at the Oil & Gas UK Next Generation Conference at Aberdeen Exhibition and Conference Centre
Sugar-powered cars – a sweet energy solution?
A BUNCH of American scientists reckon they have come up with a "revolutionary" process for converting plant sugars into hydrogen which could be used to cheaply and efficiently power vehicles equipped with hydrogen fuel cells without producing any pollutants.
T is for thermal energy
THERMAL energy is the total potential and kinetic energy associated with the random motions of the molecules of a material. OK, that's the definition, but what does it mean? Energy's editor first encountered thermal energy at the age of eight in New Zealand, where the family was living way back in the 1950s. Fairly near the town of Rotorua, which is famous for its hot springs and boiling mud pools, we travelled past what, as it later transpired, was the world's first thermal energy power station.