Victoria Oil & Gas picks new chief exec to lead business
Victoria Oil & Gas has strengthened its leadership team with the appointment of a new group chief executive.
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Statoil hit with improvement notice for Johan Sverdrup export pipelines
Statoil has been hit with a number of improvement points after an audit was carried out on the Johan Sverdrup export pipelines.
Total hires French top cop as chief of security
Total has hired the chief of France's Gendarmerie police force to take over as its head of security, the oil company said on Wednesday.
Genel Energy gets multimillion dollar payment from Kurdistan government
Genel Energy said a payment of $24.28million has been received from the Kurdistan Regional Government for oil sales during last month.
Oil patch ‘left for dead’ will spark new IPOs for US explorers
As the oil industry emerges from the biggest bust in three decades, shale drillers in a neglected corner of the biggest US oil field are poised to take a new generation of gushers public.
Pemex, first reserve said to near $500m asset deal
Petroleos Mexicanos and private-equity firm First Reserve Corp. are finalizing terms on a sale and leaseback agreement intended to provide the beleaguered state-owned oil producer with much needed capital, according to two people with knowledge of the discussions.
Opinion: Urgent incentives needed to stimulate investment
Today yet more individuals and their families have woken up to uncertainty and turmoil as further job losses were announced in our industry yesterday.
AIS to manage Bilfinger Salamis’ Aberdeen oil and gas skills centre
Queen’s award-winning manufacturer and industrial training provider, AIS has signed an agreement with industrial lifecycle support services partner, Bilfinger Salamis UK to operate and manage its Aberdeen Skills Centre.
OPEC oil revenue plunges $438billion to 10-year low
OPEC said its oil revenue plunged by $438billion to a 10-year low last year, as an increase in export volumes failed to compensate for the collapse in prices.
Total supports next generation of maths students
Ppils from 20 secondary schools in Aberdeen city and shire competed against each other, in teams of four in a series of mathematical challenges, on Friday (17 June), sponsored by Total.
Renew news: Solar power to grow six-fold as sun becoming cheapest resource
The amount of electricity generated using solar panels stands to expand as much as six-fold by 2030 as the cost of production falls below competing natural gas and coal-fired plants, according to the International Renewable Energy Agency.
Oil explorers embrace the sharing economy to drill cheaper wells
The biggest oil-industry downturn in a generation has companies collaborating in ways they never thought possible.
Strike action avoided in Norway at final hour
Strike action has been avoided in Norway hours before a deadline ended over a pay dispute.
Video: Driving efficiency on the UKCS
North Sea oil and gas companies are being asked to get behind Oil & Gas UK's industry behaviours charter.
V Ships Offshore wins ship management contract
V Ships Offshore has been awarded a new ship management contract by Milaha Offshore to provide full technical and crew management service for the Milaha Explorer.
Paragon Offshore starts approval process for bankruptcy plan
Paragon Offshore Plc’s reorganization proposal is so unrealistic that the oil-rig company will run out of cash in less than three years, dissident lenders said at the opening of a bankruptcy court hearing.
Opito opens doors to inspire youngsters into offshore career
An oil and gas training group has flung open its doors to get youngsters interested in a career offshore.
Intermoor completes work on Shell’s Mailkai project
InterMoor has completed the marine aspects of Shell's Malikai tension leg platform (TLP) float-off operations.
Sechin says Rosneft worth up to $130bn as Putin mulls sale
Russia’s Rosneft PJSC could be worth as much as $130 billion, Chief Executive Officer Igor Sechin said as President Vladimir Putin is reported to consider selling a stake in the state oil giant to China and India.
Exxon struggles to run California plant long enough to dump it
All Exxon Mobil Corp. had to do was run its Los Angeles-area refinery for 15 days before handing the keys to new owner PBF Energy Inc.
Arnish turbine work expected to support up to 40 jobs
About 40 jobs at the Arnish yard on Lewis will be supported by a £100milion SSE wind-energy turbine contract, it emerged yesterday.
PMAC Group snaps up new business as part of £2m growth plans
Aberdeen and Singapore-based Process Measurement and Control (PMAC) Group said yesterday it had acquired north-east business Gamm@chek International as part of £2million plans to grow the business over the next two years.
BBC business guru Steph McGovern unveiled as host of 2016 Gold Awards
A popular host of hard hitting business news on breakfast television has been revealed as the host of the 2016 Gold Awards.
Time for a sharp Brexit? Energy firms will go with flow after referendum
International oil companies are largely non-committal when it comes to the internal politics of nation states in which they operate.
Timelapse: Gina Krog begins journey from South Korea to North Sea
This footage shows the Gina Krog modules getting ready for the long sail from South Korea to the North Sea.