ASCO claims “small group” of employees in discussion over 24/7 rotation
ASCO said it is currently consulting with a "small group" of employees over changes to their contracts.
energy
Nippon, Petronas starts commercial operations from Sarawak complex
Nippon Oil & Energy Corp has said its venture with Petronas has started commercial operations at the LNG complex in Bintulu, Sarawak.
Ineos lodges plans which could prolong Falkirk road closure
Ineos has lodged plans for a security management centre and gatehouse which could permanently close off a section of public road in Falkirk.
Tillerson gets backing from two senators for government role
Former chief executive of ExxonMobil Rex Tillerson has received backing from two senators for his confirmation as the new US Secretary of State.
Average diesel price accelerates to two-year high of 122.1P
Diesel has reached its most expensive price in more than two years.
Villagers reveal concern over gas processing plant after fracking go-ahead
Concern has been raised by residents in a village plans could be revived for a gas processing plant if a number of fracking licences get the go-ahead.
Ministers seek views on modern industrial strategy
The UK Government has called on Scottish businesses and workers to help shape a modern industrial strategy to drive growth across the country.
Pound climbs to one-month high as Trump inauguration speech shakes dollar
The FTSE 100 slumped and pound climbed to a one-month high, as Donald Trump’s inauguration speech and protests over his presidency took a bite out of the US dollar.
Universities to join forces for £3.8m drone technology research
Five Universities in the UK will launch a three-year project later this year which will use drone technology for the inspection of offshore wind turbines.
Lamprell axed 20% of workforce in 2016
Lamprell made a further 20% cut to its headcount last year including some positions at senior management level.
Scot Gov has chance to “transform” energy sector
The Scottish Government has the opportunity to “transform" the energy sector, according to a group of industry experts.
Government urged to ‘radically reshape’ energy market
The Government is being urged to “radically reshape” the energy market to avoid more job losses in the steel industry.
Women hold just 12% of jobs paying £150,000 plus
Women hold just 12% of full-time jobs paying £150,000 or more, new figures suggest.
Schlumberger reports smaller Q4 loss than previous year
Schlumberger reported a small fourth-quarter loss compared with a year earlier.
GE reports 36% jump in Q4 earnings
General Electric reported a 36% jump in fourth quarter earnings for 2016.
Statoil’s own investigation finds there could have been “loss of life” after two incidents
An internal report into two incidents last year by Statoil has found there could have been “loss of life”.
Trump to claim his place in history as he becomes 45th president
Donald Trump will claim a place in US history when he takes the oath to become the 45th president of the United States on Friday.
Explorers in oil bright spot seek tax breaks to spur output
Explorers in the world’s fastest-growing oil market are seeking lower taxes on crude produced domestically to encourage fresh drilling as India tries to reduce its dependence on energy imports.
Church of England says fracking is “morally acceptable”
The Church of England has decided fracking is morally acceptable, according to reports.
E.ON best on small businesses energy complaints table
A new energy complaints league table for small businesses has named Extra Energy as the worst performer, mainly for sending out large catch-up bills after lengthy delays and demanding quick payment.
The top 5 places to work in US oil and gas
Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed.
Bulgaria, Serbia sign MoU to work on construction of natural gas pipeline
Bulgaria and Serbia have signed a memorandum of understanding to work together for the construction of a natural gas pipeline.
UMW Oil & Gas to buy Icon Offshore in $132mln deal
Malaysian offshore drilling services firm UMW Oil & Gas will buy Icon Offshore Berhad in a deal worth $132million.
Aker ASA said to be in talks for sale of Aker Solutions
Aker ASA, the investment company controlled by Norwegian billionaire Kjell Inge Rokke, is considering a sale of offshore-engineering business Aker Solutions ASA, according to people familiar with the matter.
Shell moving to seal off second Nova Scotia well
Shell is moving to seal off the second of two exploration wells off Nova Scotia.