Shell chief insists Brent decommissioning plans ‘right thing to do’
A boss at Shell has insisted that leaving the huge concrete legs of the Brent platforms at sea was the “right thing to do”.
brent
Forties pipeline outage helps lift oil prices
Oil traded higher after a surprise U.S. crude stockpile draw coupled with an outage at a key North Sea pipeline tempered weak economic data from Germany.
Residual liability rule could be ‘key part’ of Shell’s Brent debate
A rule placing liability on operators for any post-decommissioning incidents could be a “key part” of the Shell Brent debate, according to a petroleum economist.
Brent decom debate: Evidence vs Emotive
As someone with a keen interest in decommissioning decision making, I have followed the Brent decommissioning saga with that same keen interest.
Shell’s Brent decom plans are ‘litmus test’ for Ospar – German government
Germany has said a special meeting on Shell’s Brent decommissioning plans will be the “litmus test” for a convention to protect Europe’s marine environment.
Updated: Greenpeace leave ‘toxic waste’ graffiti as they quit Shell’s Brent Bravo
Climate activist group Greenpeace has halted its protest action at a Shell North Sea field, leaving a graffiti slogan on the Brent Bravo platform.
Protestors will remain on Shell’s Brent platforms ‘as long as needed’ – Greenpeace
Greenpeace said last night that protestors would occupy two North Sea oil platforms for “as long as needed” to get their message across.
‘Risk to people’ if concrete structures removed on Shell’s Brent field
An academic has asked whether removing concrete structures within Shell’s Brent platform legs is the right thing to do as such an operation would include risk to life.
Environmental arguments around Shell’s Brent decom plans
Shell submitted plans in 2017 to leave the giant legs of three of its four Brent platforms and some other infrastructure in the North Sea.
Shell’s Brent decom plans opposed by Dutch government
The Dutch government has protested Shell’s decommissioning plans for the Brent field ahead of a key meeting next week.
Oil keeps falling on signs trade talks won’t bring demand relief
Oil kept falling after its biggest weekly drop since July as signs that reaching a comprehensive U.S.-China trade deal will be tough gave no respite from a worsening demand outlook.
Oil on course for worst week since July as Saudis restore output
Oil is heading for the biggest weekly loss since July on indications Saudi Arabia is restoring lost crude production quicker-than-expected after attacks on its key energy infrastructure.
Oil dips despite uncertainty about Saudi efforts to restore supply
Oil fell on signs Saudi Arabia is making progress in restoring output even as uncertainty remains about the kingdom’s ability to bring back all lost supply by the end of the month.
Oil price rises due to Gulf tensions and Saudi supply doubts
Oil resumed gains as tension between the U.S. and Iran ratcheted up following the attacks on Saudi Arabia, while doubts remained over how fast the kingdom would be able restore lost output.
Oil rising again as Iran’s war threat heightens tensions
The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude in which 5% of the world’s supplies were cut by attacks on Saudi production facilities.
Oil price stabilises as Saudi eyes quick restoration of output
Oil stabilised on signs Saudi Arabia is quickly restoring production following a debilitating weekend attack after two tumultuous days in which it surged the most on record and then pared around half of that gain.
Oil plunges on report Saudis may soon resume 70% of lost output
Oil plunged nearly 7% in London after Reuters reported Saudi Arabia is close to restoring 70% of the oil production it lost after this weekend’s attack on a key crude facility in the kingdom.
Oil price spike a welcome but short-lived boost for North Sea, Prof Kemp says
The oil price spike caused by a drone attack on a major Saudi processing facility will provide a welcome − but short-lived − boost to North Sea revenues, a prominent petroleum economist has said.
Aramco to face weeks without majority of Abqaiq’s oil output
Saudi Aramco is growing less optimistic that there will be a rapid recovery in oil production from the weekend’s attack and now faces weeks or months before the majority of output is restored at the giant Abqaiq processing plant.
Oil market gripped by uncertainty over lost Saudi production
Oil markets are grappling with uncertainty over how long it will take Saudi Arabia to restore output after the devastating attacks that knocked out 5% of global crude supply.
Oil skyrockets after attack cuts Saudi Arabian supply
Oil posted its biggest ever intraday jump to more than $71 a barrel after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the U.S. has blamed on Iran.
Watch: Demolition of helipad on Shell’s Brent Bravo
Yard owner Able UK has published breathtaking footage of the helipad being detached from Shell's Brent Bravo platform.
Exxon considering sale of UK North Sea assets – report
ExxonMobil is considering a sale of its North Sea assets as it focusses on US shale production, according to a news report.
North Sea must keep a lid on costs if oil prices rise, industry experts say
The North Sea oil industry must keep a lid on costs if measures taken by Opec and its allies push crude prices much higher, top Aberdeen energy experts have said.
Oil slips as gloomy economic data takes shine off OPEC deal
Oil edged lower as investors weighed troubling economic data from around the world against OPEC’s extension of output cuts into 2020.