From the oil and gas discoveries it made to the projects it decided to invest in, 2017 was a busy year for energy major Statoil. It included world-first Hwyind, dozens of new production licences and a string a North Sea exploration. Watch the video to see the highlights from Statoil’s year.
Ellon-based integrity monitoring specialist North East Corrosion Engineer (NECE) has won its first contract of the year in Kazakhstan.
After a rocky two years of market instability, energy giant BP has finally posted a profit for 2016.
The North American oil and gas industry should be braced for restructurings, realignment and rebuilding in the year ahead, according to a global consultancy firm.
Donald Trump’s choice for Energy secretary apologized for calling for the shuttering of the department he is now being asked to lead, saying he know understands the importance of its role.
If ever there was a year which the phrase ‘expect the unexpected’ seemed relevant – 2016 is it. From the referendum decision to leave the European Union, and the resulting new leadership in the UK Government, to the election of Donald Trump, it’s been a year of unpredicted events.
Oil major Chevron said its budget for next year will see a reduction of 42% from 2015 and is expected to be at least 15% lower than projected investments for 2016.
ConocoPhillips said it will reduce its capital budget by 4% to $5billion next year as it looks to cut costs.
The Offshore Achievement Awards 2017 have been launched at this year's Intelligent Energy.
The sixteen-strong executive committee of industry experts has been appointed for SPE Offshore Europe 2017.
The US energy secretary said he expects the oil market to be in balance in 2017, after he met with the Saudi Arabia energy minister on Friday in Beijing.
Organisers of Europe’s largest biennial oil and gas industry event have appointed a new conference chair for SPE Offshore Europe 2017 in Aberdeen.