Ineos makes first shale shipment to Europe
The Ineos Intrepid has made a landmark departure, carrying the first shale shipment from the United States to Europe.
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Investigation launched after incident on Murchison platform
An investigation has been launched by CNR International after an incident during a lifting operation on the Murchison platform.
Renew News: Firms must change their position on green energy
A leading renewables expert said “sooner or later” companies will have no choice but to shift their position on green energy. Dr Alan Owen, a director for the Centre for Understanding Sustainability in Practice (CUSP) at Robert Gordon University in Aberdeen, spoke to Energy Voice after it was revealed the UK’s biggest energy lobbying group said it would start campaigning for low-carbon alternatives.
Technip lands Total deal
Technip has won a three-year deal from Total.
Annual Aberdeen-Houston Gateway unveils line-up
The popular annual Aberdeen-Houston Gateway event has announced this year’s line-up of speakers and contributors from both sides of the Atlantic.
Siemens to cut 2,500 jobs
Siemens said it plans to reduce its headcount by about 2,5000 jobs related to the oil and gas, metals and mining sectors.
Troubled Atlantic Petroleum sells Norwegian business for One Kroner
Atlantic Petroleum has entered into a sales and purchase agreement with M Vest Energy AS for the sale of its Norwegian assets and licenses.
BP to cut up to 200 jobs as it reduces Prudhoe Bay activity
Oil major BP said it would reduce the active rig count at its operations at Prudhoe Bay on Alaska’s North Slope leading to more than 200 job losses. The company said lower oil prices had forced the company to reduce the number of rigs in the region from five to two.
Shell seen as best oil major wager by analysts after BG deal
Ben Van Beurden staked his reputation on Royal Dutch Shell Plc’s $53 billion acquisition of BG Group Plc as crude slumped. Analysts are rewarding the chief executive officer by putting the enlarged company in pole position to exploit a market upturn.
Tax cuts are not the North Sea’s saving grace, says finance expert
The Chancellor slashing North Sea taxes in next week's Budget is not the answer for steadying the sector's financial course, according to a financial expert.
Five ways to test if the commodities bounce is real
It's the best of times in commodities markets, it's the worst of times in commodities markets.
Trump: Start of EOWDC work ‘meaningless chatter’
The Trump Organisation described the announcement about survey work starting on the £230million European Offshore Wind Deployment Centre (EOWDC) as a “meaningless” sales pitch.
WoodMac’s Back to the Future report raises hopes for higher oil prices
Oil and gas experts have stepped back in time, appropriately to the year blockbuster film Back to the Future was released in cinemas, to predict a strengthening of crude prices next year.
Engineer brands government training fund ‘publicity stunt’
A north-east engineer made redundant from his job in the oil and gas industry today dismissed the Scottish's Government's scheme to support retraining as a "publicity stunt".
Vattenfall insists it has the cash for £230m wind farm off Aberdeen
The developer of a controversial wind farm off the coast of Aberdeen has dismissed claims it will not be able to fund the £230million project. Swedish energy firm Vattenfall said it is confident that cash reserves are in place for the European Offshore Wind Deployment Centre (EOWDC) testing and demonstration site, although an investment decision has yet to be taken on the scheme. Assurances came after Vattenfall announced the next step in the project. It said offshore survey group Fugro has started assessing the seabed in Aberdeen Bay ahead of the construction stage, which is slated to start in late 2017.
Cairn’s appraisal well flows strong offshore Senegal
Cairn Energy today confirmed the success of its second appraisal well offshore Senegal.
US oil output headed to four-year low as shale boom wanes
U.S. crude production will fall to its lowest since 2013 next year as battered shale drillers idle rigs to conserve cash, according to a government report.
Osborne told to “step up to the plate” and help industry ahead of Budget
The chancellor is also facing calls from north-east politicians to "step up to the plate".
Russia’s dilemma: Squeeze oil industry without strangling growth
While the world focuses on Russia’s oil- freeze talks with OPEC, there are discussions behind closed doors in the Kremlin that will have a much more significant impact on the nation’s energy industry.
Prosafe hands out $1million offshore living contract
Accommodation vessel group Prosafe has awarded an Aberdeen-based firm a £1million contract to provide temporary offshore living quarters.
Impeaching a Brazilian President Is complicated: A quick guide
The impeachment campaign against Brazilian President Dilma Rousseff regained momentum last week after police questioned her predecessor Luiz Inacio Lula da Silva on allegations he benefited from a kickback scheme at state-run oil company Petrobras.
String of local governments face Moody’s downground
A string of local governments in West Texas face a Moody’s downground as low sub-$50 oil leaves the region in a vulnerable tax position.
Brazil’s Marcelo Odebrecht gets 19 years in jail in carwash case
Marcelo Odebrecht, the former head of one of Brazil’s largest industrial conglomerates, was sentenced to 19 years and four months in jail for crimes including corruption and money laundering.
Worker flown to ARI after falling ill offshore
A man has been flown to Aberdeen Royal Infirmary after taking ill on-board a North Sea rig.
Chevron targets short-cycle projects as it slashes CAPEX
Chevron bosses today told investors the industry giant would be targeting “short-cycle, higher return” projects in a bid to strengthen its financial position.