Hawkley completes sale of Ukraine assets for $1mn
Hawkley Oil & Gas has completed the sale of its Ukraine assets to Tomeas Assets for $1million.
energy
Rosneft third-quarter profit falls even as oil output grows
Rosneft PJSC said third-quarter profit dropped 77 percent as a decline in export duties lagged behind slumping prices.
EV in Houston: 1,000 job applications later, oilman uses viral OTC story to rebuild
Raul Sanchez has sent his CV a thousand different places.
Energy firms must treat customers fairly, Business Secretary warns
Business Secretary Greg Clark is warning the energy companies they must treat customers fairly and not try to exploit their loyalty.
Trump victory could boost infrastructure spending, says UK bosses
Bosses of some of Britain’s biggest companies have given Donald Trump’s surprise election win a cautious welcome amid hopes for a boost to infrastructure spending in the world’s biggest economy.
Noble Group reports loss as debt pile shrinks $503mn
Noble Group Ltd., the commodity trader backed by China’s sovereign wealth fund, reported another loss in the third quarter as the Hong Kong-based company pressed on with efforts to pay down debt, boost liquidity and focus on its most profitable businesses.
Genoil signs $50bn letter of intent for work in Russia
Genoil has signed a letter of intent (LOI) to develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia.
Jobs boost as Welsh steelworks to reopen
A steelworks which closed a year ago is being reopened, creating new jobs and a welcome boost for the industry.
Sunoco Logistics forms JV with ExxonMobil
Sunoco Logistics Partners said it has formed a joint venture with ExxonMobil.
SBM Offshore nets EDF pilot floating windfarm contract
SBM Offshore has won a contract with EDF for work on a pilot floating windfarm for its Provence Grand Large project.
IEA raises forecast for non-OPEC oil output growth next year
The International Energy Agency increased its estimate of oil production from countries outside OPEC next year, citing an improved outlook for Russia.
Jobs to go from Bilfinger’s power division in Germany
Bilfinger has said it will cut more jobs at its power division in Germany.
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.
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.
Opinion: A maze of fractured relationships
There is a limit to how long the Scottish Government can delay the biggest energy and industrial policy decision that it faces and for which no buck is available to pass. To frack or not to frack, that is the question?
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.
Militants in further Niger Delta pipeline attack
Militants have reportedly bombed an oil pipeline in the Niger Delta region.
Rents falls in Aberdeen on oil price drop
All parts of Scotland except one have seen increases in the average cost of renting a standard-sized home over the last year, figures show.
BP to invest $30m in strategic venture with Fulcrum BioEnergy
BP has revealed the creation of a strategic partnership between its BP Ventures and Air BP businesses with Fulcrum BioEnergy in a $30million invest plan.
Manufacturing output continues rebound from post-Brexit slump
Output in Britain’s manufacturing industry has continued to rally after a post-Brexit vote slump despite a worse-than-expected performance from industrial production.
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!