Tullow’s North Sea wildcat bites dust
Tullow Oil's plans to go for gold near Statoil's mammoth Johan Sverdrup discovery have come up dry.
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Statoil sells-off Marcellus assets for $400m
Statoil has completed the sale of its Marcellus assets in West Virginia.
Southern Company expands gas footprint with $1.5billion Kinder deal
Southern Company bought a 50 percent stake in Kinder Morgan Inc.’s Southern Natural Gas pipeline system in the latest expansion into gas shipping by a power generator amid slipping electricity demand.
Shell braces for possible North Sea strike action
Shell has found itself at the centre of workforce dispute, after negotiations broke down last week.
OEM’s ship comes in with £1m contract
Marine services firm OEM Group has won a two-year contract worth up to £1million to maintain a global fleet of vessels working in the oil and gas industry.
Oil trader Trafigura builds thriving US crude-export business
Over nearly 45 years, the oil tanks at Milford Haven on the U.K. west coast have stored dozens of crude varieties: from North Sea Brent to Nigeria’s Bonny Light and almost everything in between. Now, for the first time, they are holding U.S. crude too.
Falling US oil output not enticing enough for wary investors
Not even a sharp decline in U.S. oil production can convince investors that oil prices are ready to rebound.
Beach Energy flows first gas
Beach Energy has achieved first gas from its Udacha gas field in South Australia.
Crude falls as US drilling rigs increase to most since April
Oil dropped after U.S. producers increased the number of active rigs to the highest in 12 weeks, raising speculation output declines that have trimmed a global glut may slow.
Sound Energy’s rigless operation exceeds expectations
Sound Energy today confirmed its rigless operations in Morocco had soared past its initial expectations.
Energy minister forced to apologise in leadership race
Andrea Leadsom has apologised to Theresa May “for any hurt I have caused“ after the row over comments which appeared to suggest being a mother gave her an advantage as a potential prime minister.
Oil-sands crude returns to US market when it’s less needed
Canadian oil-sands producers who are restoring production after wildfires are finding U.S. refiners are doing just fine without as much crude from their northern neighbor.
Norway will keep the UK warm this winter with gas supply boost
Britons won’t have to worry about staying warm this winter and they have Norway to thank.
MPs to vote on trident renewal on July 18, Cameron says
MPs will vote on replacing the ageing submarines carrying the Trident nuclear missiles on July 18, David Cameron has announced.
Norwegian oil workers win compensation after being terminated by email
A Norwegian district court has ruled a group of oil workers are entitled to an extra month’s pay, after they were terminated by email.
Size isn’t everything anymore for world’s oil-service providers
The era of monster takeouts in the oil-services world took a further step back Thursday when National Oilwell Varco Inc. and GE Oil & Gas partnered up, reinforcing an industry-wide push for cost savings over size.
Job club helping out of work oil workers back into employment
Out of work oil workers in one of Aberdeen’s more affluent suburbs are being given support in their search of new employment from a voluntary job club.
The week’s top stories with Energy Voice’s Friday Five
Keep in the know with this week’s round-up of Energy Voice’s breaking news, opinion and feature pieces. Catch up with the week’s top stories with Energy Voice’s Friday Five Editor’s Pick
Turning Repsol Sinopec’s fortunes around
This week Talisman Sinopec formally became Repsol Sinopec Resources UK, reflecting the big changes that have happened in the company over the past couple of years or so. And in the hot seat through much of the transition has been highly experienced Bill Dunnett.
Oil workers flying into to danger zones to secure work in high risk countries
Oil workers facing redundancy in the North Sea are snapping up jobs in high risk regions in Africa to keep the money coming in, says employment expert
Rollercoaster day on Wall Street as price of oil triggers shockwaves
US stocks swerved between gains and losses on Thursday and wound up with a muddled finish as the price of oil plunged.
Big oil’s $45billion of new projects signal spending revival
Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.
US reveals new Arctic drilling rules
The Obama administration has released its new safety regulations for drilling in the Arctic.
Ineos to pump ethylene from Grangemouth to Hull
Ineos said yesterday it was investing millions of pounds to expand production at a factory that will use ethylene produced from US shale gas into Scotland as its main raw material.
Prosafe reveals new refinancing plan
Prosafe has revealed its new refinancing plan as it battle outstanding debt.