Centrica linked to Engie oil and gas assets
Energy firm Centrica is reportedly involved in talks with Engie over the future of some of the French company’s oil and gas assets.
Daily
Video: ‘Exploding meteor’ lights up offshore worker’s flight home
An oil worker today spoke of the moment an exploding meteor light up his journey home from offshore.
Video: Statoil kick-starts Johan Sverdrup drilling
Statoil today confirmed it had kick-started production drilling on its flagship Johan Sverdrup development.
Exxon Mobil sells $12billion in bonds to fortify its war chest
Exxon Mobil Corp. raised $12 billion in its biggest bond sale on record and may use the funds to snap up rivals amid a commodities bust.
Marathon Oil seeks $1.3billion in stock sale to weather rout
Marathon Oil Corp. joins a slew of U.S. producers selling shares to shore up their finances as they endure the worst market rout in a generation.
Wood Group’s $120million win with Babcock will support 400 jobs
Wood Group has landed a $120million contract with Babcock International.
OTC 2016: There’s still plenty of good reasons to be in Houston this May
OTC 2016 takes place in Houston from May 2-5 against one of the toughest periods facing the energy sector in a generation.
Tech Tues: Technology Showcase focuses on decommissioning
ITF and Oil & Gas UK have organised the Technology Showcase 2016 which takes place in Aberdeen on March 9.
Wood Group MD: ‘Fantastic opportunities’ for supply chain in Africa
The managing director of Wood Group’s operations in the UK and Africa said the continent offered “fantastic opportunities” for the North Sea oil and gas industry.
Scottish voters back stronger renewable policies
Renewables has been tipped as the energy source which the Scottish Government should look to prioritise in the future.
Protests at claims ‘engineering construction firms undercutting non-UK workers’
Protests are to be held across the country amid claims that engineering construction firms are undercutting non-UK workers.
Dong Energy to reduce headcount by around 280
Danish state owned energy company Dong Energy is to reduce its oil and gas headcount by more than a third by the end of the March.
Bullish oil bets rise as hedge funds see crude supply tightening
Talk of an output freeze by OPEC and Russia along with falling U.S. production spurred money managers to bet oil is ready for a rebound.
Power Station expansion plan could create thousands of jobs
A £400million plan to expand capacity at a massive underground power station could create thousands of jobs in the Highlands if it is backed by government.
Henrikson found guilty in oil murder-for-hire case
James Henrikson was found guilty in an oil murder-for-hire case dubbed the “Wild West” of the Bakken shale oil fields.
Apache awards North Sea subsea work
US oil and gas firm Apache has hired Harkand to support its drilling campaign on the Nevis South field in the North Sea.
Oil woes are draining bountiful wells of Asian financing
Arab states' petrodollars are burning fast and that's bad news for emerging markets, real estate and, above all, Asian securities.
Genel braces for $1billion impairment charge as its reserve estimation takes a hit
Genel Energy today confirmed it expected a $1billion impairment charge, after its estimated reserves in the Taq Taq field took a significant hit.
Video: Statoil’s Cat J rig takes shape
Statoil’s Cat J jackup rig was specifically designed to leverage a maturing Norwegian Continental Shelf.
Oil pares fourth monthly decline as US explorers idle rigs
Oil pared its fourth monthly decline as U.S. drillers cut the number of active rigs targeting crude to the lowest in more than six years amid a global glut.
Misconceptions about pay puts school leavers off apprenticeships, study finds
Many school leavers in Scotland are being put off joining apprenticeship programmes due to widespread misconceptions about pay and qualifications, a study suggests.
Leonardo DiCaprio uses Oscar win to campaign for climate change
Hollywood star Leonardo DiCaprio has ended years of Oscars disappointment as he was finally named best actor.
RSPB goes greener with 100m high wind turbine
A 100 metre (330ft) high wind turbine is set to start generating power at the headquarters of the Royal Society for the Protection of Birds. Construction of the turbine has been completed at the RSPB’s Lodge headquarters near Sandy, Bedfordshire, by energy company Ecotricity and is now expected to generate enough electricity to meet the annual needs of 450 homes. The turbine, which will save an estimated 800 tonnes of carbon emissions a year as it generates the equivalent of half the electricity the RSPB uses across its 127 sites, is part of moves by Europe’s largest nature conservation charity to make its operations greener.
Sound Energy makes Italian win
Sound Energy is one step closer to unlocking its “largest and most strategic asset”.
‘2.1M Households’ hit by late bills from energy suppliers
As many as 2.1 million households have been hit by large late bills in the last year because energy suppliers initially undercharged them, according to estimates from Citizens Advice.