What will Murray Auchincloss’ BP look like?
Having secured his place as BP's chief executive, Murray Auchincloss now has a chance to make his mark during a pivotal point in the supermajor's evolution.
Oil & Gas
UK Energy Minister: £40m to extend Grangemouth licence not good use of public money
Energy Minister Graham Stuart also denied UK government approach would differ if the refinery was located in England
Colombia talks up shift away from oil, but drilling continues
Cutting exploration spending, it warned, would run down reserves and have an impact on exports. Such a move “increases the risk of shortages and violates national energy security”.
Victory for Shell as new West of Shetland gas field approved
Shell's Victory field has an estimated recoverable resource of 179 billion cubic feet of gas, equivalent to 7% of the UK’s annual natural gas consumption
TechnipFMC lands new work for BP in the Gulf of Mexico
BP has awarded TechnipFMC a major contract for work at its Mad Dog Phase 2 project in the Gulf of Mexico.
BP confirms interim boss Murray Auchincloss as CEO
BP has officially handed the role of chief executive to interim appointee Murray Auchincloss, ending months of searching and speculation.
‘Far reaching’ Russian sanctions drawn out in Harbour Energy and Shell case
Harbour Energy’s legal team has said their recent court case against Shell has underscored the “far reaching” impact of sanctions on Russia.
‘It’s a safety issue’: Readers react to Women’s PPE challenge
Wearing "double thick socks" to fit into safety boots, and overalls with the crotch "literally at my knees"; offshore workers react to ill-fitting PPE.
Who won? Companies celebrate as Norway dishes out oil and gas licences
A total of 24 companies have been offered oil and gas licences in Norway from the APA 2023 round.
Offshore coffee proved too bitter for Huntly saturation diver – so he started making his own
Tony Livingstone launched his business Neptunes Coffee in April last year.
Strohm installs first TCP jumper for TotalEnergies in Nigeria
The company went on to note that installation followed rigorous testing, resulting in Total qualifying the TCP jumper for permanent subsea applications.
Shell strikes long-rumoured deal to sell Nigeria business
“This agreement marks an important milestone for Shell in Nigeria, aligning with our previously announced intent to exit onshore oil production in the Niger Delta”, said Shell integrated gas and upstream director Zoë Yujnovich.
Shell investors unite with activist group urging greater carbon emissions cut
Funds managing more than $4 trillion of assets have joined forces with climate activist Follow This to intensify the pressure on Shell to slash its greenhouse gas emissions.
Bristow’s Dyce heli base to get bright blue makeover
New plans would see the Bristow Helicopters base in Dyce given an eye-catching makeover.
North Sea boss calls for new licences to be issued until 2035
Francesco Mazzagatti called for the UK to develop a more coherent energy transition policy inclusive of oil and gas producers.
First Minister voices opposition to imminent new North Sea licences
"That, to me, is a demonstration that they’re not really serious about tackling the climate crisis.”
Women’s PPE still a ‘challenge’ for North Sea workforce
Women working in the North Sea energy sector are still experiencing issues with finding correctly fitting PPE, according to an Aberdeen-based gender equality group.
Aberdeen’s Three60 Energy secures work on BW Offshore’s Catcher and Adolo FPSOs
Aberdeen's Three60 Energy has secured two engineering and construction contracts with BW Offshore (BWO) across its Catcher and Adolo production vessels.
NNPC issues tender for O&M work at first refinery
NNPC head Mele Kyari said the Port Harcourt project would deliver “value to Nigerians”. With the first phase completed, the company will “get the other plants running in 2024”.
Grangemouth: When did the Scottish Government get told of closure?
Energy secretary insists government was told at same point as workforce, despite receiving warnings in February 2022.
Jadestone hits Montara, Stag snags but sees better times ahead
“As we said we would, we have worked hard to successfully grow the business away from Montara and to diversify into higher quality assets, and this is reflected in this year's guidance.”
Saipem cleared in Algeria, faces Brazilian suspension
Saipem said there had been “alleged irregularities in the award”. The CGU amended its previous ban, from December 2022, with this new order of a two-year suspension.
Qatar pauses gas shipments via Red Sea after US airstrikes
Qatar appears to have paused sending liquefied natural gas tankers through the Bab el-Mandeb Strait after US-led airstrikes on Houthi targets in Yemen raised risks in the vital waterway.
Energy minister warned of Grangemouth closure threat in 2022
Former energy minister Michael Matheson held talks with Grangemouth operator Petroineos in 2022, in which he was told of the potential closure of the refinery in the face of market pressures.
Kerry to step down as Biden administration’s climate envoy
John Kerry, the top US climate diplomat, intends to step down after more than three years relentlessly pressing countries to get more aggressive in the fight against global warming, according to people with knowledge of the matter.