Breathing room for struggling businesses
Since the onset of the Covid-19 outbreak and oil price crash, huge amounts of pressure have been heaped on directors of oilfield service (OFS) businesses.
business
Sir Clive Woodward: Oil and gas can learn a lot from sport
The man who led England to its historic Rugby World Cup victory has claimed there is a lot the oil and gas industry can learn from the sports world.
Scottish business ‘must work harder’ in battle for growth
Scotland’s economy is set to deliver another year of “below par growth” in 2017 as previously buoyant consumer spending fades and businesses remain reluctant to invest, according to a report.
Government to ‘step up’ business role under new strategy
Theresa May will launch her industrial strategy for post-Brexit Britain on Monday with a promise the Government will “step up” and take an active role in backing business.
Trump ‘will make US feel good’, says AAM’s Martin Gilbert
President-elect Donald Trump will “make America feel good again” – and deliver a boost to global markets – as he presses ahead with plans for a spending spree in the US, a leading asset manager has said.
Maersk and Dong believed to be in talks for North Sea oil merger
Maersk and Dong Energy have started talks regarding a possible merger for their oil businesses.
Even if OPEC gets a deal, it risks reviving battered oil rivals
Three days from a crucial meeting, OPEC’s deal to curb oil production and end years of global oversupply hangs in the balance. But even if ministers hash out a meaningful accord on Wednesday, there are dangers for the oil-exporter club.
160,000 energy customers face higher bill after supplier goes bust
GB Energy Supply has ceased trading, leaving many faced with the possibility of higher charges unless they ask for the cheapest deal from their new supplier.
Shell Brent: Sir Ian Wood, industry and politicians hail North Sea achievement
Sir Ian Wood, industry leaders and politicians today hailed Shell Brent’s tremendous 40-year achievement.
Shell Brent: Heroic is the only adjective to describe it
I’m old enough to remember the amazing Brent advertising in the Sunday colour supplements of the mid-1970s that likened the challenge of developing this first generation North Sea oil giant to Nasa’s moon shots.
Shell Brent: OGA hails iconic North Sea field
The Oil and Gas Authority (OGA) today hailed Shell’s 40 years of Brent as a “tremendous” North Sea milestone.
Shell Brent: Can you guess the number of Haggis suppers they ship offshore each year?
Shell's iconic Brent field broke so many production records it later lent its name to the oil benchmark,which is used to price two-thirds of the world’s internationally traded crude oil. But do you know how many Irn Brus and Haggis suppers it takes to keep the North Sea field in production?
Coal resurgent, renewables in retreat: Energy with Trump
If you want a snapshot of what the global energy map will look like under President Donald Trump, look no farther than the stock market.
What to watch in oil when Trump moves into the White House
Some U.S. oil policies are likely to shift significantly when Donald Trump assumes the presidency next year. While details remain sketchy, he’s highlighted a number of areas where he differs significantly from current policy.
EV in Houston: How oil has affected the BBQ business
Born and bred Houstonian Richard Cook loves to tell the one about the bullfrog oilman.
Trump win revives Keystone hopes, Boosts Dakota access outlook
Donald Trump’s U.S. presidential election victory came as a positive surprise for pipeline proponents.
Baker Hughes deal might help GE’s CEO actually earn his awards
General Electric Co. is on a years-long quest to refocus on industrial-equipment manufacturing while shedding its financial operations -- a move that hasn’t been kind to Chief Executive Officer Jeffrey Immelt’s wallet.
Hurricane Energy spuds North Sea well
Hurricane Energy has successfully spud a North Sea well near its Lancaster discovery.
Big oil looks past profit crunch as cash flow cues recovery
Ask any oil-company accountant, “what’s the difference between income and cash flow?” and they’re likely to say income makes the headlines, cash pays the bills.
EV in Houston: Big oil ditches expensive real estate for juice bars, comfortable at $50
Big oil in Houston is ditching fancy real estate for juice bars, according to KPMG’s new head of its energy and natural resources practice.
Exclusive: Siccar Point buying OMV’s UK assets for undisclosed sum
UK oil & gas independent Siccar Point Energy is buying the UK assets of Austrian company OMV for an undisclosed sum, it was today confirmed.
Tullow Oil to exit year with $4.9bn in debt, continues to shed assets
Tullow Oil today said it expects to exit the year with $4.9billion of debt.
Tech Tuesday: How NASA used space technology to solve problem for Brent
Energy Voice has teamed up with Shell to celebrate 40 years of Brent. This promoted series will examine the people, milestones and technology that helped make this historic North Sea find possible. It will also analyse what lies ahead for the breakthrough discovery. Happy 40th Brent!
EV in Houston: Energy city has hit bottom, says top economist
Houston's top economist has called bottom of the city's energy downcycle.
Chevron achieves first gas from North Sea field
US oil major Chevron has commenced production on one of the oldest North Sea gas discoveries today in what has been hailed as a significant technological achievement creating hundreds of jobs in the UK.