Updated: Forties pipeline crack ‘stabilised’, Ineos declares force majeure on North Sea oil
Petrochemicals giant Ineos said this morning that the small crack which shut down the Forties crude pipeline has stopped widening.
Petrochemicals giant Ineos said this morning that the small crack which shut down the Forties crude pipeline has stopped widening.
North Sea industry faces being left short by hundreds of millions of pounds for a period due to the closure of a key pipeline, an analyst has said.
Residents living close to the scene of the oil leak between Cookney and Netherley have faced delays since the cordon was put up last week.
The Forties pipeline shutdown will cause pain for oil producers, but consumers will still get their oil and gas, industry experts said yesterday.
Petrochemicals giant Ineos has provided a photograph of the site where work is being carried out to fix a crack in the Forties pipeline.
The North Sea is headed for a sweeping shutdown unless a small crack in a pipeline near Aberdeen can be fixed quickly, industry experts have said.
Petrochemicals giant Ineos said today that oil flow in the Forties pipeline will return to normal rates "through the weekend".
A number of residents have been evacuated from an area near Netherley, Aberdeenshire, after a leak was detected at the Forties pipeline.
Oil firm Siccar Point Energy said today that it had booked a rig for drilling the Lyon well next year.
A High Court judge has continued an injunction obtained by energy giant Ineos prohibiting unlawful activities such as trespass or obstruction at its shale gas sites.
A High Court judge is ruling on whether an injunction obtained by energy giant Ineos prohibiting unlawful activities such as trespass or obstruction at its shale gas sites should be continued.
Siccar Point Energy said today that it had agreed to sell majority interests in two exploration licences in the west of Shetland area to energy giant Ineos.
Petrochemicals manufacturer Ineos has announced it will become to first supplier of US ethane from shale gas to China.
Petrochemical giant Ineos has built on a number of 2017 acquisitions – after taking a punt on a top flight Swiss football club.
Energy giant Ineos has snapped up Swiss football club Lausanne-Sport for an undisclosed sum.
The offshore operations of some of Scotland’s biggest firms, including north-based Aberdeen Asset Management, have been detailed in the so-called Paradise Papers.
Energy giant Ineos has booked oilfield services company Expro to carry out well testing services on the Breagh field in the southern North Sea.
Energy giant Ineos’s oil and gas division has no plans to open a regional office in Aberdeen, a company boss has said.
Ineos has announced the acquisition of Total's interests in a number of shale licences onshore UK.
A High Court judge is deciding whether an injunction obtained by energy giant Ineos prohibiting unlawful activities such as trespass or obstruction at its shale gas sites should be continued.
Petrochemical giant INEOS has branded the blanket ban on fracking in Scotland as "bizarre".
Ineos AG, Britain’s largest closely held company, has taken another step toward creating a shale boom on its side of the Atlantic.
Operations director of INEOS Shale, Tom Pickering, says that he believes the move to ban fracking by the Scottish Government ‘is a sad day for evidence led decision-making’.
Petrochemical giant Ineos has completed its £1billion deal to buy the oil and gas interests of Denmark’s Dong Energy.
Danish company Dong Energy said yesterday that the sale of its upstream oil and gas business to petrochemicals giant Ineos had been approved.